Shared Ownership allows you to part-buy and part-rent your home from a housing association. The share of the property you purchase is usually between 25% and 75% (a mortgage can be secured on this percentage of the property) and you rent the remaining share from the...
Read moreAnnual lending this year is due to exceed £2 billion for the very first time which is noteworthy for the turbulent year of 2016! There has been an increase in recognition of Equity Release amongst consumers, politicians and regulatory bodies in 2016, consequently...
Read moreTo work out whether an applicant can afford to repay their mortgage throughout the term of the loan, lenders apply ‘stress tests’ to a mortgage application. These are reviewed along with other factors such as identity, income, credit history and a property valuation...
Read moreAs more people stay in and have the opportunity to browse the housing market from the comfort and warmth of their homes and cafés, plus with thoughts of where they wish to be in the New Year, here are some Top Tops from the NAEA for how to market your home in Winter:...
Read moreMortgage Lender Kent Reliance confirmed that lending through Limited Companies in the 1st 9 months of 2016 has more than doubled the total figure for the entire 2015. The lender predicts that limited company lending could total 143,000 for the whole of 2016,...
Read moreToday it has been reported by specialised Buy to Let arm, The Mortgage Works, part of Nationwide Building Society that “Landlord confidence grows despite headwinds”. The Mortgage Works states that Landlords are more confident this year compared to last...
Read moreEvery year approximately 1200 build their own homes in the UK, this includes newly constructed properties, barn conversions and renovation projects. Self Build Mortgages are specifically designed for homeowners who wish to build their own home (i. e. to be rented out...
Read moreScottish Widows and YourMoney. com have reported that around 425 people die every day in the UK (or one every 3 minutes) as a result of the nation’s sole largest killer, heart disorders. It accounts for more than twice as many deaths in women than breast cancer, and...
Read moreBritain’s largest mortgage lender Halifax confirmed that a year to the end of October, house price inflation hit a low of 5. 2% (it was at 10% is March this year so it has almost halved). Nevertheless Halifax states that the house market rises remain “robust”....
Read moreConnells Survey and Valuation confirmed that remortgage valuations were up 16. 8% in October 2016 compared to the previous year, the main reason being to take advantage of good mortgage deals available since the Bank of England base rate drop. John Bagshaw, corporate...
Read moreThe average house price to £309,122 in September after two months of falling house prices report Rightmove. co. uk . The increase was by 0. 9% but this was still 0. 4% lower than the house price rise set in June 2016. There was still a north south divide, the first...
Read moreBuy to Let mortgage rates are continuing to fall especially after the recent lowering of the Bank of England base rate to 0. 25%. Moneyfacts have confirmed that the average five-year buy-to-let fixed rate at 75% loan-to-value (LTV) has fallen by 0. 49% in the past six...
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