The UK is in a tricky spot financially, with millions of households and homeowners across the country feeling the bite of rising inflation – and seeing little hope of reprieve on the horizon. Older homeowners in particular are growing more nervous, as those reaching pension age rightfully consider if their […]
House prices saw the biggest monthly drop since October 2008, with rising borrowing and living costs forcing many to put their dreams of owning a home to a halt. The average UK property price fell by 2.3% in November, in its third consecutive month of decline, according to the latest […]
The latest research by specialist property lending experts, Octane Capital, has revealed that the average homebuyer can expect to pay £166 more per month as a result of the latest base rate increase by the Bank of England, although this monthly repayment is expected to fall by £188 come this time […]
After much speculation over the last few weeks, the Governers of the Bank of England have voted to raise interest rates in the UK by 0.75% from 2.25% to 3% – the highest one day rise in 30 years, but what does this mean for you? Giles Coghlan, Chief Market […]
Market analysis by specialist property lending experts, Octane Capital, reveals that the average homebuyer coming to the end of their mortgage term over the next year is set to see the cost of their monthly repayments climb by over £300 a month, despite having made three years worth of payments. The […]
Whether you’re on a fixed rate mortgage, or a tracker or variable rate deal, there’s a lot to be concerned about right now. When the Bank of England increases its base rate, mortgage rates follow suit. If you don’t remortgage when a fixed deal concludes, your interest rate converts to […]
To help buyers and sellers better understand their legal position, property purchasing specialist, HBB Solutions, has created a comprehensive guide to pulling out of a property sale. What does it mean? When is the last point you can do it? And what are the ramifications of walking away from the deal? […]
As interest and mortgage rates rise, mortgage providers are becoming more strict when it comes to who they will and will not lend to. This means that anyone who has adverse credit might find it difficult to get mortgage approval. But new industry insight from Revolution Brokers shows that people with adverse […]
The latest research by Revolution Brokers reveals that bridging loan lending has increased by 30% since the start of the pandemic, as UK homebuyers work hard to stay afloat in an historically busy housing market. In Q1 2020, at the very start of the pandemic, total bridging loan lending in the UK […]
Stipendium, the platform that simplifies life’s complex events, has compiled a guide on what to expect when it comes making an offer on a property and the best, most reliable ways of ensuring that your offer is accepted. Understand the local market When you have found the home you want to […]
