Aspiring homeowners are finding it more difficult than ever to get on the property ladder. Property prices have risen significantly over time while wages have remained stagnant, leading to many first-time buyers discovering that they’ve been priced out of the … Read the rest
Will you be better or worse off because of today’s Budget? Our summary answers that question, please read on to find out.
The Chancellor brought forward an election pledge to increase both the Personal Allowance and Higher Rate … Read the rest
Just after 3.30 pm today the Chancellor, Philip Hammond, stood up to deliver the first Budget on a Monday since 1962 and the last before Brexit.
He started by saying this would be a Budget for “hard-working families … who … Read the rest
Millions of people in the UK lack a financial safety net. It means they could be putting their home and more on the line should they be hit with unexpected bills or are unable to work.
You can never be … Read the rest
The average first-time buyer is now paying almost £209,000 for their first step on the property ladder, according to Halifax. With many first-time homeowners taking out substantial mortgages, reducing the interest paid is an important step. It’s a move … Read the rest
In the past leasehold properties were mostly limited to flats. But more new builds are being sold under leasehold. It’s led to homeowners being frustrated at the situation they’re left in. 93% state they would not buy another leasehold property, … Read the rest
Buying a home can be stressful. There are so many different aspects to juggle that what should be a time to celebrate could end up making you ill. If that’s a situation that you recognise, you’re not alone and there … Read the rest
The interest base rate set by the Bank of England (BoE) has increased for the second time in a decade. It’s a move that’s been welcomed by savers; but what does it mean for mortgage holders?
The base rate is … Read the rest
It seems like London property prices are constantly in the press. Even the smallest flats are seemingly out of reach for first-time buyers. But prices have fallen slightly, so is now the right time to make the move and purchase … Read the rest
Congratulations on overcoming one of the biggest hurdles in adult life; saving a deposit and finally being handed the keys to a home which is totally yours!
From everyone here at London Money, we wish you the best and hope … Read the rest
Your home may be repossessed if you do not keep up repayments on your mortgage
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