Tag: First-Time Buyers
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FHL’s Mortgage Rate Cuts for First-Time Buyers and Borrowers with Credit Issues
Foundation Home Loans has slashed mortgage rates by up to 0.5%, offering a lifeline to first-time buyers and those with a history of credit problems. The specialist lender has reduced rates across its range of fixed-rate mortgages, including deals for: Big Savings for First-Time Buyers and Those with Past Credit Issues The biggest savings are…
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Home Buyer Demand Surges – This Week’s Best Mortgage Rates
Good news for sellers as mortgage rate cuts spark a buying frenzy! The property market is heating up! Thanks to recent mortgage rate cuts, more and more people are clamouring to buy homes. Rightmove, the property website, has revealed that since August 1st, there’s been a 19% increase in the number of people contacting estate…
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Is the Help to Buy ISA Dead in the Water?
New figures show a huge drop in buyers using the scheme, but are there better options? The number of people buying a home using a Help to Buy ISA has fallen off a cliff, according to the latest figures. Just 9,409 homes were bought using the scheme between January and March this year. That’s a…
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Nationwide Slashes Mortgage Rates
Nationwide Building Society is dropping its mortgage rates with some of the lowest deals ever offered. From tomorrow, August 22nd, you can get a fixed-rate mortgage with an interest rate as low as 3.78%. That’s a significant drop from their previous rates and could mean huge savings for you over the life of your loan.…
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NatWest Joins Mortgage Rate War – But Is It Good News for You?
NatWest has jumped into the mortgage rate war with a mix of rate cuts and increases that could impact both first-time buyers and those looking to remortgage. This comes hot on the heels of similar moves by HSBC, as major lenders battle it out to offer the most attractive deals. But what do these changes…
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Stamp Duty Bill Leaves Buyers £100 Million Out of Pocket!
Homebuyers across the UK are feeling the pinch as stamp duty costs soar, with over £1 billion paid in July alone. New figures show homebuyers have coughed up £1.2 billion in stamp duty just last month. This brings the total for the year so far to a staggering £6.6 billion – that’s a hefty £100…
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Skipton Slashes Mortgage Rates
Skipton Building Society has announced a major shake-up of its mortgage rates, with cuts of up to 0.37% across a range of products. This means lower monthly repayments and potentially thousands of pounds saved over the lifetime of your mortgage. Here’s a breakdown of the key changes: These changes come hot on the heels of…
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Mortgage Rate War Heats Up as TSB and HSBC Slash Prices
TSB and HSBC are the latest lenders to cut their mortgage rates, joining a fierce battle to offer the lowest deals in years. TSB is making its biggest cuts for borrowers with smaller deposits – that’s great news if you’ve only got 10-20% to put down. Here’s a taste of the savings you could snag…
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Dudley House Prices on the Up
Dudley house prices are climbing faster than the West Midlands average. In June alone, prices shot up by 1.4%, outpacing the West Midlands average of 0.7%. That’s more than double the growth! This upward trend isn’t new either. Over the past year, Dudley house prices have enjoyed a healthy 3.1% increase. What’s the average price…
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Reading House Prices Rise – But Still Down on Last Year
June saw a 1.2% jump in the average house price in Reading, bringing it to £323,920. This mini-boom outpaced both the South East average of 1% and the UK average of 0.5%. However, remember this: What does this mean for buyers and sellers? Sellers might be encouraged by the recent increase, but it’s important to…