FIRST TIME BUYERS MORTGAGE GUIDE
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...
How to find the right property for you
If you’re looking to move, you’ll need to consider the type of property you need and can afford and the type of area that would suit your lifestyle. Here’s how to make the right choice… When it comes to finding the right property, there are a number of key factors to...
Rental prices going up
Thinking of buying your first home and not sure if now is a good time to do it? Rising rents may be all the incentive you need to make your move onto the property ladder. Rental costs have increased steadily over the last year, meaning you’ll get less bang for your...
What you need to know about gazumping
Unfortunately, gazumping is a fairly common occurrence, especially when property prices are rising, and there are more buyers than properties. We explain why it happens and what you can do to reduce the risk of it happening to you. Asking someone if they’ve ever been...
What you need to know about an Agreement in Principle
If you’re looking to buy a property, you may have heard about a Mortgage Agreement in Principle. Find out more about the benefits of having one… If you’re hoping to move house soon, you may have noticed there’s not much choice on the property market. There are...