Latest News
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Better Deal for Borrowers with Bad Credit as Mansfield Cuts Mortgage Rates
Good news for anyone with less-than-perfect credit looking to get on the property ladder! Mansfield Building Society has announced cuts to mortgage rates, making it easier for people with a history of debt or unusual financial situations to secure a home loan. Big Savings on Offer The building society has reduced rates across its range…
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MFS Slashes Rates on Buy-to-Let Mortgage Products
It’s good news for landlords and property investors as Market Financial Solutions (MFS) has just announced a major rate cut on a number of their popular products. MFS has reduced rates across its Bridge Fusion range, which was launched earlier this year. This product is designed to give landlords more flexibility and certainty with longer…
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Mortgage Rates Tumble as Big Banks Pass on Base Rate Cut!
Several big banks have slashed their mortgage rates following the Bank of England’s decision to cut the base rate to 5%. This is a welcome relief for borrowers who have been hit hard by rising interest rates in recent months. Coventry Building Society, Santander, Virgin Money, Clydesdale and Yorkshire Bank cut rates. The Bank of…
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New Low Deposit Mortgages from Furness Building Society
Furness Building Society has launched a new range of mortgages designed to help people buy new-build homes with just a 3% deposit. The mortgages are available through the Own New scheme, which sees housebuilders contribute towards the cost of your mortgage. This contribution is then used to reduce your monthly payments for the first two…
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Alarm Bells – First-Time Buyers Forking Out 40% of Wages on Mortgages
Are you dreaming of owning your own home but worried about crippling mortgage payments? You’re not alone! The latest figures from Nationwide Building Society reveal that first-time buyers are now shelling out 37% of their hard-earned cash on mortgage repayments. This figure is significantly higher than the long-term average of 30%, painting a bleak picture…
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Planning Permission for Profits – Harworth Group Shares Ready to Boom?
Investors looking to cash in on the government’s ambitious housing plans should be looking at Harworth Group (HWG), according to Investors Chronicle. This long-time favourite is set to benefit massively from the biggest planning overhaul in years, which aims to speed up the construction of 1.5 million new homes. The Planning Power Play The UK’s…
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Are Labour Governments Better for House Prices? What 50 Years of Data Tell Us
New research suggests homeowners could be quids in when Labour is in power. A search into house prices over the last half-century reveals interesting findings for anyone buying or selling a property. Thinking of buying or selling your home? New research suggests that the political party in charge of the country could have a big…
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Landlords Selling Up? Yes, But There’s Still Opportunity!
It’s no secret that the property market has been a bit of a rollercoaster ride lately, with interest rates rising and landlords facing new challenges. But don’t get spooked just yet, because there’s still plenty of reason to be optimistic about investing in buy-to-let! Ex-Rental Properties on the Rise You might be wondering if the…
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Labour Tax Fears Spooking London’s Super Rich Homebuyers
Are Labour’s tax plans scaring off wealthy homebuyers? A new report suggests that London’s luxury property market is cooling down, with some investors choosing to park their cash elsewhere. A recent survey by Beauchamp Estates has revealed that sales of ultra-prime properties in central London (those worth over £15 million) have taken a dip. Here’s…
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Seaside Bargains – Welsh Towns Top the Charts for Property Price Growth
Property portal Rightmove has revealed two Welsh towns amongst the hottest spots in the UK for bargain properties, with prices predicted to rise even further. If you’re looking for an affordable place to put down roots, then Colwyn Bay and Port Talbot should be on your radar. Rightmove’s data analysis reveals that both towns have…