One key change during the Chancellor Phillip Hammond’s Autumn Budget on Wednesday 22nd November 2017 was the threshold for first time buyers purchasing their first home being raised to £300,000 for properties purchased up to a price of £500,000 in England &...
Read moreDuring the months of July to September 2017, almost 38,000 new build homes were registered by builders according to NHBC. NHBC hold 80% of New Build warranty market across the UK so their statistics provide a good indicator of new house building nationwide. NHBC chief...
Read moreOn 7th November, Halifax reported that house prices across the country have risen by an average of 4. 5% in October compared to October 2016, up from a 4% rise from September 2016 to September 2017 – this fast rise since February. This means that the average UK house...
Read moreThe news broke at midday today that the Bank of England have decided to increase the Base Rate from 0. 25% to 0. 5%. Although this is the first rise for 10 years, this base rate rise is only slight and in terms of mortgages, it will only affect mortgagees who have...
Read moreThe number of people remortgaging in August rose dramatically by 11% compared to July and 16% compared to August 2016. This information was reported by conveyancing firm LMS. Borrowers took advantage of low interest rates and longer product terms available during the...
Read moreLife insurance should be considered part of a person’s financial plans if a couple are married or co-habiting. Life insurance is taken out for a specific term with monthly payments either for a level or decreasing sum assured and is designed to pay out to loved ones...
Read moreAccording to data from the government’s Department for Communities and Local Government (DCLG), there were 13,700 completed Help to Buy loans between April and June 2017 totaling £860m, the highest since the programme began in spring 2013. In excess of 130,000...
Read moreNationwide Building Society reported on Friday 29th September that although house prices in London fell by 0. 6% in the year to September (the first fall in 8 years), house prices across East Anglia rose by an average of 3. 9%. The region with the highest rise in the...
Read moreWalton on the Naze in Essex was ranked at 2nd place overall on the property website Zoopla. co. uk’s Seaside Property League seeing property values increase by 9. 43% in the year til June 2017. Nearby Clacton on Sea in Essex was ranked at 7th overall with property...
Read moreA study by online estate agent housesimple. co. uk found that London commuter towns and cities are the areas with the fastest falling property prices across the UK. The study compared property prices from what they are originally marketed at when first advertised by...
Read moreThere are many factors that clients consider when choosing the right mortgage product and lender for them: whether their income fits on a lender’s affordability calculator, whether the amount of deposit or equity that they have fits products offered by a lender,...
Read more2017 has been another great year for the Equity Release market, it is on course to hit the £3 billion worth of lending mark by the end of the year if its success continues at the current rate. According to the Equity Release Council, in addition the number of...
Read moreWe are proud to be members of these organisations
