Applications are now closed for the Help to Buy loan scheme in England and there has been no announcement of a replacement, so what other help is available? Shared Ownership is another scheme that helps first-time buyers get onto the property ladder where you start by...
The average prospective buyer predicts they will be 37 years old by the time they finally step on the property ladder, up from 32 years old only two years ago. The survey by First Direct also found that 86% of prospective first-time buyers considered the...
Mortgage rates fell back in the last few months of 2022, having surged after September’s ‘mini-budget’. If you’re thinking about remortgaging, could now be a good time to secure a deal? Bank Rate blues The Bank of England has increased Bank Rate throughout 2022 and is...
Historically, a decline in property sales has also led to a boost in private rental market stock. This is based on research1 looking at both sales and rental markets during the 2008-09 financial crisis and recent pandemic downturn. In 2008 property sales volumes...
A recent survey1 has shown that four in five people have no understanding of green mortgages. The terms of each individual deal differ, but typically lenders offer enhanced mortgage deals, for example lower interest rates or cashback, to qualifying homes. Generally,...
