Fixed rate mortgage availability reaches 12-year high – FT Adviser

Competition is currently intense on the UK housing market, and this is resulting in fixed rates reaching a record high. This is fortunate for first-time buyers, as they will be able to benefit from the intense competition that is going on by being offered much more acceptable rates. In the past month, Moneyfacts UK Mortgage […]

Competitive mortgage deals drive first-time buyer numbers upwards – What Mortgage

With the high price of renting, many people are now looking into buying a home for the first time. One aspect that is making that possible is lower interest rates, with a fixed 30 mortgage rate being as low as 4% in some regions. The development of more cost efficient building materials helps as well, […]

Best locations for single people to buy a house revealed – and it will only cost you 9% of your salary each m – The Sun

If you’re looking for a new home without breaking the bank, Hollie Borland has compiled a list of some of the best areas for new home buyers to start out. The first place on this list is North of England. Northern England made the top of the charts with how low their monthly mortgage payments […]

How To Save For A Mortgage And Plan Ahead To Buy Your First Home | HuffPost UK – HuffPost UK

Approximately 23-41% of the income that is earned by British residents ends up going to rent or a mortgage payment. These alarming statistics show that it is imperative to think about your future of home-ownership before it actually happens to become better financially prepared. Sitting down and analyzing what you will actually be able to […]

Best 10-year fixed-rate mortgages: should you lock into a long-term deal? – lovemoney.com

Right now, 10-year mortgages that are fixed-rate are at an all-time low, but there are several factors to consider before diving headfirst into one of these 10-year plans. For instance, you’re going to want to overlook the restrictions that are associated with the deal that you are looking at. A good example of this are […]

Lenders’ efforts to attract first-time buyers mean two-year mortgage rates fall – AOL UK

For first time homebuyers in the United Kingdom, rates continue to look great. Recently, competition between lenders has caused the rates on two-year mortgages to decrease by 0.04% across the market as a whole. Specifically, in the range of 5-15% deposits (typical of first-time buyers), the rate has dropped a whopping .54%. This good fortune, […]

First time buyers paying proportionately more for a home than others in the UK – Property Wire

The housing crisis isn’t just an American problem, home buyers in the United Kingdom are running into the same issues as we are, your money just does not go as far these days. This very short article discusses how first-time home buyers are making better decisions and are willing to pay less for their homes […]

How to remortgage: Thousands slashing their mortgage bills and you can too – Mirror Online

For many individuals, a mortgage payment can be both a blessing and a curse, but people by the thousands have found solace in cutting their monthly payment. This article provides a handful of suggestions that both educate the reader on a mortgage and provide guidance on what to do when your rate increases and when […]

Do legal fees apply if a house sale falls through?

The purchasing of a new home comes with an extensive list of contracts and applied fees that are used to hold the buyer accountable. Many potential homeowners are wondering if they are still held liable for these fees if a sale completely falls through. Typically, a deposit is what a contract defines as the seal […]

How money can buy you happiness

Money may not be able to buy you happiness in the traditional sense of hedonic purchases, but it certainly can uplift your spirits in a few other fashions. Donating money has shown to raise people’s levels of happiness according to scientists at the University of British Columbia. It has also been shown that 60% of […]