Tag: First-Time Buyers
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Flintshire House Prices Dip but Wrexham Prices on the Up
Wrexham house prices climb, while Flintshire sees a slight dip. While Flintshire saw a 2% drop in house prices in June, landing at an average of £213,287, don’t hit the panic button just yet. This little dip doesn’t wipe out the overall growth trend. In fact, over the past year, property prices in Flintshire have…
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Bedford House Prices Dip but Still Up Year on Year
Good news and bad news for those looking to buy or sell in Bedford this month. While house prices saw a slight dip in June, they are still significantly higher than last year. The average house price in Bedford during June 2023 was £346,149, according to the latest Land Registry figures. This represents a small…
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Leeds Building Society Introduces Mortgage Rate Cuts
Leeds Building Society is making it easier to buy a new build home with increased mortgage limits and rate cuts. In a move designed to support aspiring homeowners, Leeds Building Society has announced it’s increasing the maximum Loan-to-Value (LTV) ratios for new build houses and flats. This means buyers will need a smaller deposit to…
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Mortgage Rate Meltdown – This Week’s Best Deals
Fixed mortgage rates are dropping fast, making it cheaper to borrow for your dream home. Good news for anyone looking to buy a home or remortgage! Lenders are slashing their fixed mortgage rates, with some of the lowest deals falling for the second week in a row. This means you could bag yourself a bargain…
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Longer Mortgages Could Cost First-Time Buyers an Extra £110k
First-time buyers face the crushing reality of paying off their mortgages well into their retirement years, new research reveals. The average first-time buyer is now a ripe old 33 years and 8 months old when they finally get their foot on the property ladder. And with mortgage terms stretching out for an average of 30…
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ONS House Prices – June 2024
House prices are still rising, but at a slower pace than this time last year. The average UK house price in June 2024 was £288,000, a rise of 2.7% annually. This latest data from the ONS UK House Price Index for June 2024 shows that while prices are still increasing, the pace of growth has…
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Nationwide Slashes Mortgage Rates – Price War Continues!
Nationwide Building Society has announced a major cut to its mortgage rates, with some of the lowest rates ever seen! From today, Wednesday 14th August, Nationwide will be reducing rates by up to 0.20 percentage points across a range of its fixed-rate mortgages. Here’s what you need to know: Moving Home? First Time Buyer? Remortgaging?…
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Atom Bank Throws First-Time Buyers a Lifeline with Bigger Mortgages
Atom Bank has announced it’s making it easier for first-time buyers to get a mortgage, especially those buying in London and the South East. The bank is increasing the maximum amount it will lend compared to a borrower’s income. This is known as the loan-to-income ratio (LTI). For example, someone earning £75,000 a year could…
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LendInvest Offers Its Lowest Buy-to-Let Rates of the Year!
LendInvest, a leading mortgage lender, has just announced its lowest buy-to-let rates of the year, starting at a super low 3.69%! This could mean big savings for you, so read on to see how you can benefit. Lower Rates Mean More Profit This new rate is a big deal because it can put more money…
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Where Will House Prices Boom Next? Phil Spencer’s Property Predictions Revealed!
Want to know the secrets to bagging a property bargain in an area about to boom? Property expert Phil Spencer reveals the tell-tale signs to look out for when trying to find the next Hackney or Margate. Even in a shaky housing market, some areas defy the odds, with prices soaring over time. Take Hackney…