Renters twice as likely as mortgage borrowers to have no savings – What Mortgage

Private renter likely pay more than mortgage borrowers, and many of them have to cut back their basis essentials to get by. Every month they have to spend half of their check for the landlord and the amount will continue increase up to 25% in future. More than for million households in the UK now […]

New stamp duty rules annihilated buy-to-let mortgage borrowing in January – City A.M.

The number of homeowners in the United Kingdom leveraging their homes with mortgages has fallen over the year, due to increased regulation regarding buy to let homes. The figure has been lower by sixteen percent over the year due to the regulations. As a result of these regulations as well, landlords are having to increase […]

One in ten young Britons would leave the UK to buy an affordable home – and a quarter think only an inheritance will … – This is Money

Ten percent of United Kingdom residents are considering moving out of the country in order to find more affordable housing. Despite home buying being at a record high since the Great Recession, many young adults are feeling constrained financially to buy a home. Home prices have skyrocketed and not many feel as though they are […]

Fall in property ‘prices makes UK attractive for Qataris’ – Gulf Times

Property investors from Qatar it seems have found a hot investment in the UK. Both wealthy and middle class Qataris have been buying real estate in the UK, particularly since 2015 after the depreciation of UK currency against the dollar and with the riyal pegged to the US currency. The number of Qataris interested in […]

25% of young non-homeowners relying on inheritance to buy first property – Belfast Telegraph

Halifax ran a research study asking young people in the UK about their thoughts about buying a home. Many of the people explained that they could not afford to buy a house, assumed they would most likely be renting for the rest of their life, and that many had not done their research. Halifax gives […]

How a smaller deposit can actually make your mortgage CHEAPER – Mirror.co.uk

Some believe that bigger deposits on a mortgage mean lower mortgage payments each month. But this is not always the rule. A study by Moneyfacts indicates that lower deposits on a home under certain conditions can lead to lower monthly payments. With a two year fixed rate mortgage a 25 percent deposit can get you […]

UK house prices rise at fastest for a year as London market rebounds – The Independent

Last month home prices in the UK and particularly in London have soared at a rate that exceeds the level of growth in prices for the last year. With a 0.6 percent rise in home property values, the average cost of a home has risen to approximately 297,000 British pounds, according to Acadata and LSL […]

Nationwide launches mortgage aimed at parents helping their … – The Sun

In the UK Nationwide is giving parents and grandparents the chance to help their children or other targeted family members to obtain a first time home mortgage. The mortgage company’s loan-to-value (LTV) Plan allows them to borrow up to eighty percent from their own home mortgage which they can use so that other family members […]

Barclays 100% mortgage: how much does it really help homebuyers? – The Guardian

The dispatch of the Barclays 100% home loan brings the quantity of items went for borrowers who don’t have a store to its most noteworthy since the money related crash. Borrowers who don’t have a store have possessed the capacity to pick between a modest bunch of different loan specialists for quite a while. While […]

Mortgage Rates Are Set to Jump. Here’s How to Lock In a Low Rate Now – Money Magazine

This article is about the housing industry and there current state after the financial crisis of the early 2000s. Currently the cost of buying a home has increased. Monthly mortgages has risen 10 percent. The article states that 76 percent of homeowners cite interest rate as the reason for the financial crisis that occurred. Interest […]