Getting a mortgage is probably the biggest financial commitment you’re ever likely to make so it’s understandable that you want to get it right. The best way to do this is to seek the advice of a professional who will be able to guide you through the products on offer and find the correct one…
It’s been less than two months since chancellor Philip Hammond announced Stamp Duty was to be scrapped for first time buyers of properties up to £300,000 yet the initiative is already having a considerable impact, according to the government. A statement released by Downing Street revealed over 16,000 first time buyers have already saved thousands…
It’s one of the most difficult decisions to make when taking out a mortgage – should you fix or not? There are of course benefits to both. Fixing your mortgage rate gives you the security of knowing what you’re paying each month, making it easier to budget and plan ahead. Meanwhile opting for a variable…
Last month chancellor Philip Hammond announced during his Budget speech that Stamp Duty would be scrapped for first time buyers purchasing a property up to £300,000. Furthermore, first timers looking to buy in more expensive areas will pay no duty on the first £300,000 of properties up to the value of £500,000. This is big…
With just days to go until Chancellor Philip Hammond unveils his Budget speculation is mounting that a Stamp Duty holiday may be on the cards. The Chancellor is under pressure to cut the tax for first time buyers in order to help more borrowers get on the property ladder. And several recent studies have shown…
There have been plenty of changes in the buy to let world over the last few years and for landlords the market is now very different to what it once was. Perhaps the biggest change to the sector came in last year when the roll out of a new system for tax relief came into…
For the first time in 10 years, the Bank of England base rate has risen and, understandably, consumers are feeling a little concerned. So what does it mean for you? Well, that all depends on what type of mortgage you have. If you have a fixed rate mortgage you won’t see any change. As the…
If you’re a mortgage holder you may well have been been enjoying a fantastic rate in recent years. Interest rates have been at a record lows since 2009 and those borrowers on their lender’s Standard Variable Rate (SVR) have certainly felt the benefit. SVRs tend to move in line with Bank of England base rate…
When you’re looking for a new mortgage what’s the most important thing to you? For most people the answer will be rates. The mortgage rate determines how much you’ll repay on the loan and is obviously a key consideration! But are you ignoring another important factor? And are you losing a considerable amount of money…
We’ve known it all along but now it’s official – Manchester is leading the way when it comes to property. According to the latest figures from property data firm Hometrack prices in Manchester are rising faster than in any other city in the UK. The UK Cities House Price Index reveals prices soared in the…
