ANNUAL RATE OF UK HOUSE PRICE GROWTH DOUBLES TO 15.5% IN ONE MONTH - THE GUARDIAN Statistical surge reflects average house price drop last July caused by end to £500,000 stamp duty holiday The annual rate of UK house price growth soared to a 19-year high of 15.5% in [...]
SHARED OWNERSHIP: A LOW-COST WAY TO BUY A HOME - BUT IS THERE A CATCH? - THE GUARDIAN It is touted as a cheaper way to get on the property ladder, but there can be drawbacks. We weigh up the pros and cons. Shared ownership is promoted as the [...]
KEEP CALM AND TALK TO A MORTGAGE ADVISOR According to a survey from RFI Global UK Mortgage Council one in four homeowners say they are worried they won't be able to afford their mortgage payments over the coming year. Analysis by Accord Mortgage shows that almost £100bn worth of [...]
HOW TO CUT THE BIGGEST BILL OF THEM ALL ... YOUR MORTGAGE - THE GUARDIAN As other costs spiral you can take action by asking for a payment holiday or to extend the loan term. Spiralling energy, food and petrol prices, amid warnings of a recession, mean most households [...]
SHOULD YOU OPT FOR A TRACKER MORTGAGE? NARROWING RATES MAKE FIXED RATES MORE EXPENSIVE - YOUR MORTGAGE It is no longer a “no brainer” to go for a fixed rate mortgage with the price gap between variable and fixed deals becoming “more marked” than has been the case in [...]
COST OF LIVING: SEVEN STEPS TO HELP COMBAT RISING MORTGAGE RATES - ZOOPLA As the cost of borrowing increases, there are steps buyers and homeowners can take to help keep mortgage payments manageable. Key takeaways Opting for a longer mortgage term can help to keep your monthly outgoings low [...]
MORTGAGES FOR FIRST TIME BUYERS; A GUIDE TO BUYING PROPERTY AMID RISING INTEREST RATES - YAHOO! FINANCE Amid record-high inflation and escalating costs of living, the Bank of England raised interest rates again last week. Rates have edged up six times since December from a historic low of 0.1 [...]
FIRST-TIME BUYERS: HOW TO GET THE BEST DEAL ON A 90% OR 95% MORTGAGE - WHICH? Rates on low-deposit mortgages creep up after the base rate hikes. Rates on 90% and 95% mortgages are continuing to rise, after a sixth increase in the Bank of England's base rate. First-time [...]
MORTGAGES; YOUR OPTIONS IF YOU WANT TO SWITCH DEALS OR ARE A FIRST TIME BUYER - THE GUARDIAN The lowdown for different categories of borrower as interest rates continue to rise. Rates on new mortgages are continuing to climb, leaving millions of people in the UK – from those [...]
MORTGAGE BORROWERS URGED TO 'MOVE SWIFTLY' TO SECURE A DEAL - YOUR MORTGAGE People considering a new mortgage "may wish to move swiftly" as product numbers and typical shelf life fall while rates are on the rise. Mortgage products now have an average shelf life of 17 days, down [...]
