With rent prices skyrocketing to the highest rates seen in a decade, it’s no surprise that many around the country will be crunching the numbers to find out whether they can afford to buy their own home. Buying a home has clear fiscal benefits – Halifax’s latest Owning vs Renting review found out […]
Looking to buy your first home whether it be to live in or let out, can be a daunting prospect, especially when it comes to working out how the buying process works, the various hoops that need jumping through, and the complex terminology used by professionals. In an attempt to […]
Despite mortgage rate rises, the property market remains very active. At the end of March 2022, the Nationwide Building Society reported the annual UK house price growth had increased to 14.3%. This meant the average price was up by over £33,000 on the previous year and the average house price […]
If you are about to take the big leap onto the property ladder and become a first time buyer, you will no doubt be wondering how much of a deposit you will need to save towards your mortgage. The deposit is the lump sum you pay upfront towards the total […]
With cities becoming increasingly expensive for first time buyers, people are beginning to look for areas outside the urban centres to set down their roots. However specific government schemes are making living in the metropolis more accessible and affordable. There are a range of areas in both the north and […]
New research shows first-time buyers underestimate the true cost of buying a home Most people have probably grasped that buying a home is usually a significant investment, but research by Aldermore Bank suggests that today’s generation of first-time buyers are significantly underestimating both the size of the deposit they will […]
According to a new report, more than 50% of the £10 billion put forward for a deposit by first-time buyers in 2016 was sourced either from the Government’s Help to Buy scheme or from their parents. Approximately 150,000 first-time buyers looked to their parents for help in getting a deposit […]
