FIRST TIME BUYERS

Mortgage interest rates keep coming down

Mortgage interest rates keep coming down

Despite today's Bank of England base rate increase, mortgage interest rates look set to keep falling and should be below 4% in a few weeks, according to industry experts. Updated on 2nd February 2023 A few weeks ago, we reported that mortgage interest rates were...

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Mortgage interest rates are dropping

Mortgage interest rates are dropping

The property market will benefit from interest rates going down, and rates are expected to keep falling. Good news for anyone looking to buy their first home, move house or remortgage this year – mortgage interest rates are dropping. Rates went up after the...

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Asking prices go up in January

Asking prices go up in January

The new year has started on a good note as asking prices in January have gone up, and monthly mortgage payments are starting to come down. Asking prices for properties have increased by an average of 0.9% in January, according to Rightmove. Despite recent house price...

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Are you ready to buy your first home?

Are you ready to buy your first home?

Buying your first home can be a daunting task. With so many factors to consider, it's easy to get overwhelmed and even carried away by the excitement of being a new homeowner. Make sure the time is right for you with our top tips on taking out your first mortgage....

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House prices fell slightly in December

House prices fell slightly in December

Prices dipped but still remain above pre-pandemic levels, according to Halifax. Find out what the lender thinks 2023 will have in store for the property market. House prices in the UK fell by 1.5% in December compared to 2.4% in November, according to Halifax’s latest...

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6 key things to think about when buying your first home

6 key things to think about when buying your first home

Purchasing a property is an important life decision. It can be exciting and overwhelming at the same time. Before you take the plunge into home ownership, there are some key questions you should ask yourself to ensure you’re making the right decision. 1. Do you know...

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House price growth slows in November

House price growth slows in November

The housing market is slowing down, and buyers are in a stronger position now to negotiate on price, according to Nationwide. Nationwide published its latest house price index yesterday. The lender revealed that annual growth last month slowed to 4.4% compared to 7.2%...

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Update on the Help to Buy: Equity Loan scheme

Update on the Help to Buy: Equity Loan scheme

The government’s equity loan scheme on new build homes has now closed for applications, but if you applied before the end of October, you may still be eligible for the loan. We explain the terms and conditions that remain in place until next March. The government’s...

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How to be credit-ready before you apply for a mortgage

How to be credit-ready before you apply for a mortgage

Hoping to buy your first property soon? Make sure you’re ready to be assessed by a lender with our guide to getting prepared for your mortgage application… Get on the electoral register This means that lenders can confirm your address. If you’re not on the electoral...

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7 things to think about when buying a new build home

7 things to think about when buying a new build home

Tempted by the idea of buying a brand-new home that doesn’t need any work? Read on before you commit… New build homes have seen increased demand recently, which is understandable, as they can be more energy efficient, and there’s also the convenience of moving in and...

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