We can help you find your perfect mortgage today...
We can help you find your perfect mortgage today...
Posted on: Thursday 21st April, 2016 and filed in: Mortgage News
OK, so it doesn’t come as much of a shock. But the latest Halifax House Price Index: http://static.halifax.co.uk/assets/pdf/mortgages/pdf/March-2016-Halifax-House-Price-index.pdf It still makes for some interesting reading. The headline news is that UK house prices are still going up – a 10.1% increase for the first three months of 2016 compared to the first three months of […]
Posted on: Thursday 3rd March, 2016 and filed in: Mortgage News
While interest rates for mortgages are currently very competitive, it’s not all good news for prospective buyers. According to a recent survey by Moneyfacts: http://moneyfacts.co.uk/news/mortgages/average-mortgage-fees-at-21-month-high/ the average mortgage fee charged by lenders is higher now than at any time since May 2014. The figures show that the average UK mortgage fee today is £956, the […]
Posted on: Friday 22nd January, 2016 and filed in: Mortgage News
Looking ahead to the next 12 months in the housing market, it’s worth asking ourselves: is it just going to be more of the same? In 2015, interest rates remained low and mortgage borrowing continued to surge. According to the Office of National Statistics http://www.ons.gov.uk/ons/rel/hpi/house-price-index/october-2015/statistical-bulletin.html in the 12 months to October 2015, UK house prices […]
Posted on: Monday 21st December, 2015 and filed in: Mortgage News
Chancellor of the Exchequer George Osborne made some important announcements for people looking to get a foot on the property in his recent Autumn Spending Review. The housing budget is set to double by 2018-19, which will help to fund 400,000 new homes by 2020-21. 200,000 of these homes are to be designated as “starter […]
Posted on: Monday 23rd November, 2015 and filed in: Interest Rates
It’s been 5 months since Mark Carney warned that a base rate rise was ‘likely by the end of this year or early 2016.’ Well, the end of the year is almost upon us and there’s still no sign of a rise. Only last week the Monetary Policy Committee (MPC) voted by 8-1 to keep […]
Posted on: Thursday 15th October, 2015 and filed in: Mortgage News
David Cameron pledged 200,000 more starter homes in his closing speech at the Conservative Party conference. In what he called a ‘dramatic shift in housing policy’ the new rules mean that builders no longer have to offer low cost rental homes in new developments. Instead, they will be able to offer homes to first time […]
Posted on: Wednesday 5th August, 2015 and filed in: Interest Rates
Last month Mark Carney warned that a base rate increase is likely towards the end of this year or very early in 2016. Although it’s expected to be a minor increase, it’s the general trend that home owners need to prepare for – it may be worth taking steps soon to get ahead of the […]
Posted on: Wednesday 8th July, 2015 and filed in: Mortgage News
It’s become widely recognised that since tighter financial regulations came in, triggered by the economic crisis, securing a mortgage has become problematic in general. If you are self employed and working as a company director you face even more obstacles when looking for a lender. No more self-certification In the days before tighter rules, many self-employed […]
Posted on: Wednesday 24th June, 2015 and filed in: Interest Rates
The great British summertime has finally arrived, bringing with it warmer days. But as our weather and BBQs heat up, mortgage rates continue to fall. This is excellent news for borrowers who plan to spend summer searching for deals. Although a low rate may look very tempting, you may need to pay substantial fees and […]
Posted on: Friday 22nd May, 2015 and filed in: Mortgages
One year has passed since the Mortgage Market Review, and we thought we should take a look at the impact it’s had on homebuyers and the general market. Since last April we’ve noticed a lot of movement caused by the stricter criteria for lending. Introduced to make the market more secure and stable for borrowers […]
