More Mortgages Hit the Market….
For the first time in a long time there now seems a wealth of options available in the mortgage market.
It appears that mortgage finance is now typically easier to obtain for the majority home owners and also in the last few months new lenders have launched to cater for people with patchy credit histories or even county court judgements to their names. Read more
Nationwide Reduces its Mortgage Rates Again!
Research has revealed that competition in the market is growing, bringing with it benefits to consumers shopping around for the mortgage deal to best suit their needs.
According to accountancy firm KPMG, the UK’s building societies are getting back to ‘business as usual’ following the stresses of the financial crisis. Read more
Is There a Buy To Let Boom?
With house prices high and rising, and the supply of new homes woefully low it seems that more people are renting, and renting for longer.
The number of rental properties has skyrocketed in the last ten years from 2 million in 2000 to 3.6 million today. Read more
Students Offer Best Returns For Landlords!
It appears that buy to let is an attractive income investment in a time of low rates and stock market volatility.
Lower house prices, rising rents and improving mortgage deals are tempting investors once more. Bricks and mortar is therefore a popular option for those who would rather grow their wealth through property than shares or cash. Read more
The Banking Reform Bill.
According to many financial commentators the structure of the UK banking sector needs fundamental change, mainly in order to make banks more resilient to shocks and easier to fix when they get into difficulties and also to reduce the severity of future financial crises.
The banking system was saved from collapse by billions of pounds of taxpayers’ money and therefore people wanted to see bosses held to account and a system introduced which would ensure this could not happen again. Read more
A New UK Bank Enters The Market!
Many financial experts believe that at the moment more competition in the financial lending market is both wanted and needed, especially from those who intend to offer more innovative and bespoke products.
The British Bankers Association (BBA) has always welcomed competition for high street banking services and choice for customers and therefore they have stated that “The UK has a highly competitive retail banking sector already offering greater customer choice than in many other countries.” Read more
A ‘Family Friendly Mortgage’ Product…..
It seems that the impact of losing one income has made it progressively more difficult for younger couples to combine children with home ownership.
Recent research has revealed that more and more couples are waiting longer and longer to have their first child. One of the contributory factors of this decision is the impact of losing one income. Read more
Is There a Need for More Shared Ownership Properties?
It seems that the UK housing market went in to hibernation five years ago, and we have had to wait a long time to see some positive trends emerging since.
According to the Halifax House Price Index house prices have risen by an average of £10,000 in the last 12 months. Read more
Should House Prices be Capped?
The housing market started the year still in slump mode however there are now fears that a new bubble is being stoked.
According to the Royal Institution of Chartered Surveyors (RICS) most recent report, rising house prices are spreading across the country and they also added that more surveyors saw house prices rise in July this year than in any month since November 2006, as increases in property values spread to the whole country. Read more
Buy to Let Sector Still Booming!
First time buyers are still struggling to get on the property ladder and more people are being forced to continue as tenants dubbed by observers as “generation rent”.
Therefore, ‘Generation rent’ appears to be good news for landlords. Read more