It doesn’t matter where you live or who you are, getting a foot on the property ladder is difficult.
Rising house prices, increasing deposits and a lack of significant growth in the average salary means that, for some people, buying … Read the rest
If you have recently moved into a new home or are weighing up a new rental property against taking the leap and buying your next home, you may find that monthly costs are the factor to help you make the … Read the rest
The Bank of England (BoE) has increased interest rates above 0.5% for the first time since 2009.
Today, the Monetary Policy Committee (MPC) voted unanimously to push up the base rate by 0.25% to 0.75%.
That’s not a massive increase; … Read the rest
Research shows that single first-time buyers take a lot longer to save their deposit than couples. (Source: Hampton International) That might sound obvious, after all, two incomes means double the savings.
Across the country, the average couple looking to … Read the rest
The amount spent on home improvements, each year, by homeowners in their first year of owning property has reached almost £1 billion, according to research from LV=.
According to the research, the most popular activities among home improvers include:… Read the rest
Buying a house is cheaper than renting one.
Figures from Santander show that rent is, on average, £3,468 more than mortgage payments, per year.
It sounds like good news, and it is; for those who have already saved a deposit … Read the rest
According to research from Scottish Widows, more people have mobile phone insurance than Critical Illness Cover.
Replacing a phone can be time consuming and paying out for a new handset might be inconvenient, so having insurance makes sense. However, it … Read the rest
According to UK Finance, the number of outstanding interest-only mortgages has fallen by almost half (46%) since 2012.
That might not mean much to you unless you have one yourself.
Interest-only mortgage holders only pay the interest due on … Read the rest
Being a first-time buyer in London is expensive.
Anyone who hasn’t been living under a rock probably knows this. However, over the past five years, the price of buying your first home in the capital has increased by two thirds, … Read the rest
Would you like to retire at 56, with a fund of £300,000?
For millennials, this is an average expectation, according to research from Barclays. Those same 18-34-year-olds also plan to spend their retired years travelling the world, eating out … Read the rest