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.
Blog
Landlords Face Five-Year Deadline for EPC Goals: Exploring Funding Solutions and the Challenges
UK landlords face new EPC rules by 2028, risking £30,000 fines for non-compliance. Funding and lender roles are unclear, impacting both landlords and tenants.
A Glimpse of Hope Amidst Banking Concerns? Swap rates and the BoE rate.
Recent banking sector shifts offer a silver lining for UK mortgage seekers, potentially leading to more favourable rates amid fluctuating swap rates and BoE policy adjustments.
Spring Budget 2023 – Whats the news for homeowners?
Chancellor Jeremy Hunt’s ‘Budget for growth’ pledges billions to boost UK business and workforce, with a £4bn childcare expansion to spur investment and employment.
Multi-Generation Mortgages
If you’re struggling to afford a home on your own, you’re not alone. Many families in the UK are feeling the squeeze of high property prices and stagnant wages, making it difficult to get a foot on the property ladder. But what if there was a way to share the cost of a home with […]
5 Useful Resources All About LISAs for First-Time Buyers
As the cut-off point for Help To Buy (H2B) ISAs is fast approaching on the 30th November and the Lifetime ISA (LISA) primed to take its place, we’ve chosen to share our top five resources to help you get informed on how you can use this tool to boost your deposit as a first-time buyer […]
Family Income Benefit: Helping your life cover go further
Life assurance is reasonably well understood as a type of cover that pays a fixed amount to a family if the insured person dies. When buying a property, it’s always recommended that you take out this kind of cover – especially if you are becoming a homeowner with a partner and young family – to […]
