Latest News
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Mortgage Rate War Erupts – This Week’s Best Deals
Good news for homebuyers! Mortgage rates have finally dipped below 4% for the first time in months. Nationwide Building Society is now offering a five-year fixed-rate mortgage at just 3.99% for new customers with a 40% deposit. This move has sparked hopes of a “summer of savings” as experts predict other lenders will have to…
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Lifetime ISA Warning from Martin Lewis for First-Time Buyers – Don’t Get Caught Out!
Money saving expert Martin Lewis has issued a warning to first-time buyers hoping to use a Lifetime ISA (LISA) to boost their deposit savings. Speaking on ITV’s This Morning, Mr Lewis explained that while LISAs offer a fantastic opportunity for first-time buyers to receive a 25% government bonus on their savings, there’s a catch. What…
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Scottish Commercial Property Market – Is Now the Time to Invest?
The Scottish commercial property market is showing signs of life after a tough few years, with occupier demand slowly creeping back up. But while things might be looking brighter, there’s still a lot of uncertainty hanging in the air. Occupier Demand on the Rise, But Not Everywhere Overall, occupier demand across all sectors saw a…
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Welsh Property Market – Industrial Booms While Offices Struggle
Is the Welsh property market a good bet for investors? The latest figures from RICS show a mixed bag, with industrial space booming while office and retail face tough times. The Royal Institution of Chartered Surveyors (RICS) has just released its latest commercial property report for Wales, and it shows that occupier demand for commercial…
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Ditch the Leasehold and Bag Yourself a Freehold: Your Step-by-Step Guide
Ever wish you had complete control over your own home? That’s where owning the freehold comes in. This means you own the property AND the land it sits on, giving you the ultimate freedom. If you’re tired of forking out ground rent or dealing with pesky leasehold service charges, buying your freehold could be the…
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MPowered Slashes Mortgage Rates
Changes afoot at MPowered Mortgages, and it’s excellent news if you’re looking to buy a home! The lender has just announced a significant cut across their mortgage rates, making it cheaper to borrow. From 25th July onwards, you can bag yourself a better deal on both their two and three-year fixed-rate mortgages. We’re talking about…
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Are you trapped by your mortgage? Martin Lewis demands action!
Money saving expert Martin Lewis is demanding the government takes urgent action to help struggling homeowners and wannabe buyers. He’s fired off a letter to the new Chancellor, Rachel Reeves, urging her to tackle two big problems: mortgage prisoners stuck on sky-high interest rates and unfair Lifetime ISA rules. Mortgage prisoners left high and dry…
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House Prices Dip but Could an Autumn Boom Be on the Cards?
The average asking price for a property in the UK has dropped slightly this month, with experts predicting an uptick in the autumn. The average price for a property coming onto the market is now £373,493, a drop of 0.4% or £1,617 compared to June, Rightmove reports. This is being put down to sellers trying…
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Rents Rise to Record Levels
The average advertised rent outside London is now £1,314 per month – that’s a 7% increase from last year! London rents are also at a record high, with an average of £2,661 per month, according to Rightmove. While the rate of increase has slowed down from the peak of 16% in 2022, these figures are…
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Mortgage Rate War Sees Costs Tumble for Homeowners!
Good news for buyers and sellers – mortgage rates have plummeted, with some of the fastest drops in recent memory! Rightmove’s latest figures reveal some big wins for anyone looking to buy a home or remortgage, with experts predicting even further drops in the near future. What’s Happening to Mortgage Rates? This means potential savings…