by | Aug 22, 2019 | Mortgages
Lenders reject 33 per cent of customers as they do not meet their full lending criteria, according to data from Experian. Its analysis also found that just 3.5 per cent of people searching for a mortgage were eligible for every deal on the market. According to...
by | Mar 7, 2019 | Mortgages
The gap is closing but who is better off by £366 a year – tenants or homebuyers? The gap between the cost of buying a home and renting one is down 59%, to its lowest level in nine years, according to Halifax. Buyers are now saving an average £366 a year compared...
by | Jan 30, 2019 | Mortgages
Landlords offering private rental accommodation will have to comply with new rules for electrical inspections, or face ‘tough financial penalties’ under government plans. Mandatory electrical checks must in future be carried out by competent and qualified inspectors,...
by | Dec 20, 2018 | Mortgages
Brexit uncertainty is impacting the housing market, with supply, demand and sales all suffering Demand from prospective buyers its lowest level for the month of November since 2012, according to NAEA Propertymark. The trade association for estate agents said that the...
by | Nov 22, 2018 | Mortgages
How switching mortgage could save you £4,500 a year More than two million mortgage borrowers sitting on standard variable rates (SVR) could save a typical £4,500 a year by moving on to a better fixed rate, analysis has shown. Mortgaged homeowners on SVR deals usually...
by | Oct 30, 2018 | Mortgages
Chancellor Philip Hamond has detailed the numbers his government has promised to spend in the pursuit of building more houses. “I can announce today a further £500m for the housing infrastructure fund to unlock a further 650,000 homes,” Hammond said as he delivered...
