Struggling with mortgage affordability?
Read how Skipton are opening the doors to a new type of mortgage designed to help with mortgage affordability
Mortgage lenders begin to factor Experian Boost in applications – Find out how this free service can improve your chances
A significant development has emerged with lenders beginning to incorporate Experian Boost into their application assessments. This free service, a pioneering tool from Experian Ltd, is changing how creditworthiness is evaluated in the UK.
Considering Shared Ownership? Read about the potential pitfalls.
Dr Alison Wallace, senior lecturer in social policy and housing, Centre for Housing Policy, University of York comments to the Levelling Up, Housing and Communities (LUHC) Committee are summarised, highlighting some of the concerns you should consider before buying a shared ownership property, worth reading in full if this is something you were considering: Entry […]
Rightmove’s thoughts on the UK property market into next year
Rightmove have recently released some thoughts on the property market into 2024. Here’s a quick summary of their predictions and data: House buyers delayed purchases due to the mini Budget but are expected to resume in 2024 as asking prices drop by one percent. Rightmove predicts new seller asking prices will decline by the end […]
Can you get a mortgage if you’ve had debt management plans?
This article posted directly by Precise Mortgages outlines their terms for clients who have or have had Debt Management Plans (DMP). In summary: Precise Mortgages offers mortgage products for customers with DMPs. Mortgages are available up to 85% Loan-to-Value (LTV) for those with DMPs. DMPs active for at least 12 months are considered; they don’t […]
BTL Rates cuts ongoing
We are seeing significant and widespread reductions in Buy-To-Let (BTL) mortgage rates across various lenders in the UK during November 2023, indicating a trend towards more affordable and diverse mortgage products in the real estate market.
