What are your 2019 money saving resolutions?

From exercising more to just spending time with the family, it’s the season for new year’s resolutions, so could you make changes to the way you manage your money? Research by savings provider Marcus shows takeaways and alcohol are the most regretted purchases of 2018, followed by frivolous spending on the home. But there are [...]

January 2nd, 2019|Mortgages|

Does size matter when it comes your mortgage?

It is often said that it is grim up north, but not so if you are a home buyer with a small mortgage deposit. Surveyor firm e.surv has noted a shift towards low deposit home loans, particularly in Yorkshire, the North West and the Midlands. Based on mortgage applications it does surveys for, 24.6% of [...]

December 3rd, 2018|Mortgages|

Chancellor to reform Help to Buy for first-time buyers

The Government’s flagship scheme to help home buyers is set for a revamp, according to the Budget. The Help to Buy Equity Loan scheme was launched in April 2013, providing a government loan worth up to 20% that supports a 5% borrower deposit on a mortgage for a new build property. That scheme ends in [...]

October 30th, 2018|Mortgages|

What impact could your job have on getting on the property ladder?

Getting on the property ladder can be hard enough with saving for a deposit and finding the right property, but could your job be harming your prospects? Online estate agent HouseSimple used the most recent Office for National Statistics (ONS) Annual Salaries data to calculate the mortgage shortfall staff in particular professions face. It assumed [...]

September 7th, 2018|Mortgages|

The Waitrose effect

Having a supermarket nearby can be useful when you have run out of milk or eggs, but did you know it can also be of benefit to your property? Research from Lloyds Bank has found that living near a local supermarket can push up your property’s value by £21,500 on average compared with homes in [...]

July 13th, 2018|Mortgages|

Have a sporting chance of getting on the property ladder

Another World Cup is upon us and England fans will be on the edge of their seats as they watch and wait to see if the nation can undo 52 years of hurt and win the tournament for the first time in 1966. We are now living in a very different environment to when Moore, [...]

June 27th, 2018|Mortgages|

Every little helps in the property market

New government data out shows just how helpful housing initiatives have been for first-time buyers. The government’s flagship housing scheme is Help to Buy: Equity Loan. This lets a buyer put down 5% on a new build property and boosts the deposit with an equity loan of up to 20% which is interest-free for the [...]

May 17th, 2018|Mortgages, News|