What Are Property Market Predictions For 2024?
The housing market has been so unstable this last year, it is hard to predict what will happen in 2024 – whether house values will continue to fall and mortgage rates rise or if there will be a plateau as loans stabilise? Here we look at what 2023 was like for the property market, and […]
When Should You Take Out A Lifetime Mortgage?
Whilst this is not always the case, as people get older, they want to slow down and take advantage of the care, work and savings they have invested into over the course of decades, to ensure a better quality of life and more peace of mind whilst they can enjoy it most. Without the pressure […]
Paying Back An Interest-Only Mortgage At The End Of Its Term
Interest-only mortgages are very appealing, as they enable people to afford a property by only paying off the interest over the term of the loan. At the end of this, the equity needs to be paid off, which normally happens when the homeowner sells the property. However, if they want to remain in the house, […]
When Would A Mortgage Lender Only Work Through A Broker?
When navigating an increasingly complex property market, it always pays to have a guide, and one of the best tools for closing sales and getting favourable mortgage rates and terms depending on your circumstances is a mortgage broker. A mortgage broker is an ideal intermediary between buyers and mortgage lenders, as they quickly learn what […]
House Price Figures Reveal Mixed Regional Picture
The latest house price figures have been published by Rightmove, indicating that the price of the average UK property is down again. But the picture is a little more complex than that. While the headlines may speak of a ‘miserable year’ for the property market, buyers in some of the more traditionally expensive regions may […]
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 […]