Rise in homeowners selling up to pay off interest-only mortgages – What Mortgage

With little to no knowledge of the risks of taking on an interest-only mortgage, there is sudden panic in certain age range of home owners. Some of them are unable to qualify for refinancing prospects and therefore cannot find any other way out other than to sell that home they had purchased with such a […]

Mortgage rates: General Election had THIS effect on the UK property market in May – Express.co.uk

There is something to be said when no effect is found through the General Election, unless there is relief for the Britons. No one knows, specifically, how much the Parliament legislation can control banking institutions and lenders, which is said to be none. Britons are pleased their country is leaving the European Union, but how […]

Top 5 Things to Consider While Looking for a Home Loan – News18

When buying a home, it is key to make sure you get a good deal on your home loan. Look for a lender that offers a daily reducing balance, instead of monthly, to save more money over time. Realize that floating interest rates can change, but fixed rates stay the same for the duration of […]

British people still keen to buy a property in EU countries despite Brexit – Property Wire

Those who hail from the United Kingdom and wish to buy property in the European Union have largely undeterred by the country’s decision to leave the EU. Brits still make up the majority of foreign property investors in France, which draws the most expensive properties from these Brits. Only about a third of those building […]

Is buy-to-let a good idea? – Simply Business knowledge

People who buy a property for the purpose of leasing it in the UK are likely to continue to do so, despite property price decreases. Property price decrease are expected to continue, despite this confidence. This picture is most apparent in London. This trend may continue. There may be regulation changes in regard to the […]

Rock-bottom mortgage rates slow repossessions – Financial Times

These lower mortgage rates are good for homeowners because this means their payments are lower. This means they can more easily afford them. Since people are able to pay houses aren’t being repossessed. This is good for anyone other than those looking to buy a cheap home which has been repossessed. Being able to stay […]

House prices will fall – but not much – The Week UK

This is predicting house prices going down but the difference isn’t going to be that big. If you are looking to buy a house you should watch for a time when the market is down so you get one for less. This would be a good time to buy. Even if it’s only down a […]

Camden property prices fell slightly, despite house price inflation nationally – Hampstead and Highgate Express

Despite the overall growth in property price in the UK, the Camden area of London is suffering a lowering of values. This could be due to the overall higher than average London housing values, a trend toward downsizing or even the recent BREXIT. One other major factor is the ability to make the down payment […]

First-time buyers ‘will drive property market’ – The Times (subscription)

An online version of a British newspaper has a feature on mortgages. The feature reports that an association of mortgage companies in the UK is confident that first time buyers will be a strong force in the real estate market. Mortgages given out for rental properties have abated since implementation of a new tax in […]

Typical house price up £12000 in a year, says ONS – BBC News

A major British news website has reported on a rise in home prices in the UK. The government’s statistics office stated that the average price of a home increased by 12,000 pounds from April of 2016 to April of 2017. The increase was 5.6%. Rent went up 1.8% in the same time frame. Housing prices […]