According to the latest Land Registry figures, the average UK house price now stands at £232,710, a rise of 0.7% compared to last year.
While there are numerous factors that affect house prices, there are some that have a bigger … Read the rest
Research from Zoopla earlier this year revealed that it took an average of just 50 days to sell a house in the UK. Properties in Scotland sell in just 39 days while it takes just seven weeks to sell the … Read the rest
What are you saving for?
If you’re putting money aside to fund the deposit you need to buy a home, then you’re not alone. The latest update from the NatWest Savings Index has revealed that buying a house is the … Read the rest
New figures from UK Finance have revealed that the number of consumers opting to remortgage has risen by almost 20% year-on-year.
According to the data, there were 19,650 ‘like for like’ remortgages in May 2019, 21,370 where consumers borrowed additional … Read the rest
Last month, the government announced a new Green Finance Strategy designed to encourage households to make their homes more energy efficient.
Part of this strategy includes promoting the use of ‘green mortgages’ and a £5 million fund has been announced … Read the rest
Recent research from Moneyfacts revealed that the choice of products available to first time landlords has reached a record high. There are now 1,405 deals available to novice property investors, up from 645 just five years ago.
Tighter controls on … Read the rest
Did you know that just 30% of people in the UK have life insurance?
This alarming figure means that, according to Finder, 8.5 million people don’t have any life cover. Even those people with a mortgage aren’t always covered, … Read the rest
For decades, a 25-year term has been arguably the default starting point for all mortgages. Millions of borrowers have taken their home loan over this period, but now many experts see a 25-year mortgage as a thing of the past.… Read the rest
If you’re considering a fixed rate for your next mortgage, you’re not alone. The latest research from Experian has found that borrowers are overwhelmingly searching for fixed-rate deals as homeowners look for stability in uncertain times.
So how popular are … Read the rest
With thousands of products available in the market, choosing the right mortgage deal can be tough. Even if you decide that you prefer a fixed-rate deal, you’ve then got to work out how long you should fix your repayments for.… Read the rest