First-time buyers need to borrow up to 15x their salary to afford a home in some UK cities, new report reveals According to the new first-time buyer affordability report from Mojo Mortgages, a fee-free mortgage broker, aspiring homeowners in cities such as Bath may need to borrow up to 15 times their annual […]
Buying a home is an exciting journey, but it’s important to look beyond the surface and consider factors which will impact on the long-term running costs of your new property, such as energy efficiency. By focusing on key details like insulation, utility expenses, and solar potential, you can ensure your […]
Five postcodes that offer landlords huge yields for an initial investment of below £100K The latest market analysis by Inventory Base, the UK’s market leading Property Inventory Specialists, reveals the five UK postcodes where buy-to-let investors can generate the highest yields with an initial investment cost of below £100,000. Inventory Base analysed average […]
As a general rule of principle, the best time to buy a property is when prices have dipped down and are just starting to rise. The market moves in cycles, so if you can make a purchase at the start of a period of price growth, that should help ensure […]
Following a sustained period of record high interest rates, the Bank of England have voted by a majority of five-to-four to reduce the base rate of interest from 5.25% to 5% – the first drop since the start of the COVID-19 pandemic in March 2020. The decision from the BoE […]
Buying a home has always been seen as a life goal for many young people, often being favoured over renting and holding precedence over other ways for people to get onto the housing ladder. Some people see renting as throwing money away, or paying for your landlord’s mortgage while considering […]
The main reason that people invest in home insurance is to keep their property covered if it is seriously damaged. This damage can be from anything, as long as it wasn’t the homeowner’s fault, such as natural disaster damage. Our homes being victims of a natural disaster can heavily affect […]
New research from upfront information platform, Home Sale Pack, reveals that whilst the cost of a mortgage has started to ease, the average monthly mortgage repayment today is 57.4% more expensive than it was in December 2021 when interest rates first started to climb. However, there are ways in which mortgages […]
The latest market insight from quick sale specialists, Open Property Group, reveals seven common reasons that could explain why a home isn’t selling and how these issues can best be addressed. There are numerous reasons why a property struggles to sell. Many of which can be addressed relatively easily by the […]
If you’re moving home and have either plenty of equity or savings you can use for a deposit, plus a decent income, it can be straightforward to finance your next purchase via a traditional mortgage. This is how most people ‘consumed’ property in the past, but as lifestyles, earnings, investment […]
