FIRST TIME BUYERS
What’s the property market like for first-time buyers?
Last year was tough for first-time buyers, with some lenders removing mortgage loans for those with smaller deposits. The market has certainly improved for anyone looking to buy for the first time, but is now the right time for you to become a homeowner? First-time...
Getting a mortgage after being furloughed
Have you recently returned to work after being on furlough? If so, what does this mean for your chances of getting a mortgage? It is estimated that there are around 1.9 million people in the UK currently on furlough, which has gone down from 5.1 million in January....
Renting versus buying a property
Are you a prospective first-time buyer? You might have seen the reports in the media lately that renting is currently cheaper than buying a property. And you might be tempted to carry on renting and hold off on buying for a bit longer. What’s caused the situation, and...
Should you exchange contracts and complete on the same day?
With many buyers rushing to beat the stamp duty holiday deadline at the end of June, you may be wondering if you could exchange contracts and complete on the same day. It sounds like an obvious answer, but can it be done? You’re close to exchanging contracts on your...
Discounted homes for key workers
A new government scheme launched today to help first-time buyers and could save them at least 30 per cent off a property price. Here’s what we know so far… The government has just announced its new First Homes scheme which launched on 4 June in the East Midlands. The...
House prices rise by almost 11 per cent in a year
The property market shows no signs of slowing down and the stamp duty coming to an end soon doesn’t seem to be deterring people from wanting to move. We’re in danger of sounding like a broken record when we tell you again that the property market is buoyant. We...
Your guide to buildings insurance
Moving house? Buildings insurance is usually compulsory if you are taking out a mortgage on your new property. Here’s all you need to know about what it covers and when you need to take out a policy. Your mortgage lender will want you to take out buildings insurance...
Getting a mortgage and changing jobs
Want to get a mortgage and thinking of changing jobs? Wondering if you’ll still be able to get your application accepted? Here’s what you need to know… You want to get a mortgage soon but might have recently changed jobs. Or you may want to apply for a mortgage and be...
Is money ruining your relationship?
Money is often the source of tension between couples. Here’s what do if you and your partner don’t share the same perspective on your finances. The pandemic has created significant financial pressure for many of us. Nine million people borrowed more money by the end...
Can you really afford your dream home?
When applying for a mortgage, it’s tempting to focus on getting your application approved and worry about how you’ll manage the monthly payments later. Yet it’s essential to run the numbers first to avoid stress further down the line. It’s everyone’s worst nightmare....