Top 5 pitfalls to avoid when remortgaging your home Remortgaging your home is more or less the same process as getting the mortgage when you first bought the property; however, it’s important to bear in mind that your circumstances may have changed. For example, you may have moved job – […]
Seven Tips To Help You Afford A Mortgage
In September 2021, according to Moneyfacts, the average two-year fixed mortgage rate was 2.38%, and the average two-year variable tracker rate was 2.25%. By February 2023, after numerous bank base rate increases since December 2021, taking it from 0.1% to 3.5%, the average two-year fixed rate was 5.58% in January, and the average […]
Mortgage Repayments Could Rise By £300
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 […]
Cheap Mortgages and Low Supply keep UK House Prices Rising
Despite slow buying activity, the UK’s house prices are still on the rise according to the most recent index of asking prices. The continued growth of property values is believed to be fuelled primarily by a lack of supply and the availability of low-cost mortgage deals. Overall, average property prices […]