Mortgage threat as Bank ends £115bn loan scheme: Householders to face higher costs – even without official rate rise – This is Money

The Bank of England has pumped money in to a flagging home market. They support lending services to first time home buyers in the country. But there are signs that the Bank of England will be pulling back on the service. That comes amidst big time losses for the legendary banking institution. Around GBP 78 […]

Scottish housing market dominates most affordable places in the UK – Property Community

Lack of affordable properties has been making it hard for first time buyers in the UK to get on the property ladder. The problem is less housing in areas where there are more jobs, thus drives up both housing and rental prices. Hatched, an online real estate agency, has listed the top five markets fir […]

So long summer! A month’s worth of rain will fall in TWO… – Daily Mail

With typical British aplomb, Twitter users in the UK commented with tongue in cheek jabs at Britain’s rainy summer. While the UK is known for rain, it has not been a typical summer and flash floods have cropped up in many locales. Some weather experts were predicting a month’s worth of rain to fall in […]

New build homes checklist: 6 essential things to do before you buy – lovemoney.com

Are you considering buying a new home? That would be one of the largest purchases you ever make. Review this article. It provides a list of things you should do before completing a sale. Remember, you’re dealing with professional developers/contractors. They do this for a living, and many issues may be involved. Seven issues are […]

Teachers announce new cash-back remortgage – Property Reporter

Teachers Building Society is offering a cash incentive to pay off fees involved with remortgaging. Those who qualify including educators as well as residents of Wiltshire, Dorset and Hampshire can use this program to get a 2.99% interest fixed three year rate with £400 cash back to pay the involved fees. Teachers may also qualify […]

Young Australian men are turning to ‘rentvesting’ to get onto the property ladder – Daily Mail

New research has shown that the latest property trend among men 20-34 is rentvesting, living and renting in expensive urban areas while supplementing their incomes by buying and renting out properties in areas that aren’t as expensive. This allows these individuals to get on the property ladder while still living in more expensive areas enjoying […]

Santander cuts back lending amid Bank of England concern over personal debt – The Guardian

Santander bank is making an important decision, opting to cut back lending. That decision comes after Bank of England expressed concern over personal debt holdings. Related banks may follow suit with their announcements in the coming days. That has reduced mortgage lending and loans for cars recently as well. These decisions could have wide ranging […]

Mortgages for home buyers sink to nine-month low, with the market down 9% on Bank of England property forecast … – This is Money

The housing market is down right ow. Mortgage approvals are at a low right now, the lowest they’ve been in nine months. This means fewer people are getting ouse loans right now. The houses they would normally by are staying empty. If you have income which depends on the housing market you should always watch […]

7 of the dumbest things people do with their … – Business Insider – Business Insider

There are 7 very dumb things that people do when they are buying a new home. Young Americans are delaying buying a home because they are in so much debt. They owe a lot in student loans. They are waiting longer to get married and have kids too. They are spending more on renting and […]

UK mortgage approvals drop to nine-month low in June – BoE – Yahoo Finance UK

Fewer people are being approved for mortgages. The rate has dropped to a nine month low. This means there aren’t as many homes being bought either. This could affect the housing market. It’s important to keep track of it if you invest in real estate or if you have any other income with will be […]