2-Year Or 5-Year Fixed Rates… The Pros & Cons Of Each
The mortgage market is particularly tricky to navigate at the moment and, even though house prices around the country are falling, rates are still high and there’s a lot of chopping and changing going on, which is creating a lot of uncertainty right now. Although rates are high, they are coming down and have been […]
Signs That Now Is A Good Time To Buy A House
The last year has seen lots of doom and gloom in the property market. On the one hand, high inflation has squeezed the incomes of many would-be buyers, the Bank of England (incorrectly) forecasted the UK would spend most of 2023 in recession and interest rates have pushed up mortgage costs. All that might make […]
Is it worth buying a ‘Buy-To-Let’ property in 2023?
Many people dream of the day they can buy a property, rent it out, and then sit back and watch the cash roll in right? It sounds lovely, but in reality there is a lot more to buy to let properties, and as mortgage brokers we want you to be armed with the correct knowledge […]
It’s not all doom and gloom!
You wouldn’t believe it from all the negative press around mortgages and rates at the moment, but there is actually some good news this month as we see fixed rates drop across the board. Surprisingly, the housing market has remained remarkably resilient in the past six years, withstanding severe economic headwinds posed by Brexit, the […]
Benefits of a Mortgage Capacity Report
If you’re just starting the journey of divorce, you might be overwhelmed with the paperwork and processes ahead of you. Firstly, we are here to help you navigate the finances when it comes to your mortgage – so don’t panic, just pick up the phone and we’ll talk you through the process step by step […]
Paying off your help to buy loan
What is Help to Buy Equity Loan? Help to Buy is a government-backed scheme which helps first time buyers onto the property ladder. It was introduced by the government in 2013 and has been a huge success in helpingpeople buy their first home ever since. The scheme provides eligible buyers with an equity loan (also known as shared […]
Right to Buy scheme
For many, buying a home is simply not an option due to the deposit, fees and costs involved. It can be a very expensive process and many people will struggle to purchase a property without any assistance. But did you know that if you are a council or housing association tenant in England then you […]
What’s happening to house prices in 2022?
In the last 12 months there has been an11% increase in house prices, but experts are now expecting the market to slow down. Which leaves many people asking that million dollar question… ‘When is it a good time to buy?’ After a year of soaring prices and fierce competition between buyers, house price growth is […]
Bank of England has increased the base rate to 0.50% – what might this mean for you?
On Thursday 3 February 2022, the Bank of England increased the base rate from 0.25% to 0.50%. This is the second increase in the base rate since December. What is the base rate and why does this matter?The base rate, set by the Bank of England’s Monetary Policy Committee, is the main driver of rates […]
Check your credit report
We know how stressful it can be trying to get a mortgage, and at times it can seem like climbing Mount Everest! The pandemic also hasn’t made the process any easier for many people, especially those that have lost jobs or were hit financially. BUT, there are ways you can improve your odds and make […]