Category: Articles
Four reasons to lock into a cheap fixed mortgage today – Telegraph.co.uk
Mortgage rates in the United Kingdom have been dropping for years, due to a low Bank rate, combined with competition from banks. Now, however, mortgage rates may be rising in the near future. Thus, it is recommended that borrowers secure a fixed rate mortgage now in order to escape higher interest rates. There are four […]
London house prices:new report names Olympic boroughs Waltham Forest and Newham as areas with fastest growth – Homes and Property
Prices for houses in London are quickly rising in the boroughs of Waltham Forest and Newham. The average price for a house in Waltham Forest rose to 453,000 pounds, sixty thousand pounds higher than last year. A house in Newham increased to 372,000 pounds – a 14% increase. This is a result of the after […]
Disappointing lending figures suggests UK mortgage market is in decline – Property Wire
The mortgage industry is one of the biggest in the developed world. When the market is in decline it spells big financial trouble for homeowners, bankers, potential buyers, and more. The lending figures in the UK have been on the decline which has investors troubled. UK figures are the lowest they have been in two […]
New trade body to be named ‘UK Finance’ – Mortgage Strategy – Mortgage Strategy
The UK had a huge merger in the finance world. Six large companies came together to make one huge financial beast. The new name of the six companies is UK Finance and Banking. The name was decided on by all members of the board. UK Finance will launch this summer and experts have high expectations. […]
Don’t let financial firms take you for a ride: shop around for the best deals – Spectator.co.uk (blog)
Many times individuals are tempted to simply go along with whatever their financial services provider offers them, without bothering to look elsewhere for a better deal. The downsides of this are that customers are trapped and many times overspend what they should for services. It is important for customers to look at many financial service […]
Tenants in UK private sector worse off financially than people with a mortgage – Property Wire
Individuals in the UK who rent property rather than own property with a mortgage, are less financially well off. Those who rent have significantly less in savings, if any savings at all. Renters have been forced to cut back on many necessities due to financial constraints in comparison to those who own a home. The […]
What will the average property price buy you around the UK? – AOL Money UK
Searching for the perfect home is stressful. Many people buy with the intent to stay many years and others just a few. People consider their current situation when buying but also their long term plans. What one amount of money will buy you in one area might buy you a lot less or a lot […]
Irish holiday homes: Who is looking and where are they buying? – Irish Times
If you are looking to holiday in Ireland you are not alone. Ireland has been a popular tourist destination in Europe and America for years. However changes in currency and people being hesitant to travel has weakened this part of the economy. Thanks to Brexit many people have been hesitant to purchase a holiday home. […]
Five-minute guide to…The resurgence of first-time buyers – Express.co.uk
First time home buyers are back in a big way in the UK. Thanks in part to record low rates and the threat of rate increases and housing price increase people are out and they are buying for the first time. Last quarter first time buyers accounted for over 30% of the overall homes bought. […]
Three quarters of UK adults share £240bn of consumer debt … – Mortgage Introducer
Debt can be a huge burden. Most people across the industrialized world have debt of some kind. Mortgage debt, student loans, medical debt, credit cards, car notes, and the like. But a majority of the debt belongs to certain age groups. Its important that people look at their overall credit and debt health and do […]