6 Oct 2023 | First Time Buyers, Moving House, News, Uncategorized
House prices dipped slightly, and Halifax has described the property market as a ‘buyer’s market’. UK house prices fell in September, but the pace of the monthly decline has slowed, according to Halifax. The lender, who published its latest House Price Index on 6...
2 Oct 2023 | First Time Buyers, News
Despite fewer people buying their first home, the first-time buyer market still accounts for over half of borrowers. And with house prices decreasing, many people may still have an opportunity to get onto the property ladder. The number of first-time buyers has fallen...
2 Oct 2023 | First Time Buyers, Moving House, News, Remortgage
Good news for home movers and first-time buyers. Major lenders have cut mortgage interest rates, with some fixed rates rates coming down below 5%. Mortgage interest rates have gone down more substantially than we’ve seen recently. Santander, the Bank of Ireland and...
21 Sep 2023 | First Time Buyers, Moving House, News
The Bank of England has reviewed the base rate and chosen to keep it where it is. The rate currently stands at 5.25%. If the rate had gone up, this would have been the 15th consecutive rate rise. While anyone on a fixed-rate deal would not have been affected, those on...
7 Sep 2023 | First Time Buyers, Moving House, News
UK house prices fell by 4.6% annually and 1.9% in August – the most significant monthly drop since November 2022 – but Halifax says it may be a good thing for potential first-time buyers. Latest figures published in Halifax’s House Price Index show that a typical UK...
24 Aug 2023 | First Time Buyers
If you’ve been saving for a property and you’re almost ready to buy, you may be wondering if now is a good time and if you’re at risk of going into negative equity on your first home. Here’s what you need to know… Last month, banks warned that falling house prices...