FIRST TIME BUYERS
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...
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...
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...
5 key things to consider when choosing where to live
Research published in 2018 claimed that people in small towns and rural areas are happier, but surely it’s about finding the right location to suit you and your lifestyle. Here’s five key things to consider before you relocate… Moving to a new location can be both...
Mini budget is virtually abandoned
The new Chancellor has ditched most of the mini-budget, so what does this mean for mortgage interest rates and stamp duty? Read on to find out. Chancellor Jeremy Hunt today announced that he is scrapping almost all of the tax cuts outlined in the mini-budget on 23...
Are you worried about your mortgage?
With rising interest rates and increased living costs, it’s no surprise that many people are worried about their mortgage payments. Here’s what you need to know. Whether you’re seeking to buy your first property, sell up and move to a new home or you’re coming to the...
House price growth slowed in September
Nationwide has recorded a ‘modest’ slowing in house price growth in September. Growth has slowed to single digits, according to the lender. House price growth slowed to 9.5% in September, down from 10% in August, according to Nationwide’s monthly house price index....
The base rate goes up to 2.25%
There has been another base rate increase just announced today. Find out what this means for your mortgage. The Bank of England has just announced it is increasing the base rate from 1.75% to 2.25%. The base rate dropped to 0.1% (an all-time low) after Covid first hit...
6 key things to think about when moving in with someone
More people are choosing to live together, but it’s a big decision and not to be taken lightly. Here’s some key things to think about if you are planning to cohabit with a friend or a loved one. The number of people cohabiting has gone up. According to the website UK...
Is now a good time to move house?
There’s pros and cons to moving house right now. Rental costs have gone up, but so have mortgage interest rates, although there are still some good deals available. There's no easy answer when it comes to deciding whether or not now is a good time to move house. A lot...