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Showing 8 Articles
Wednesday, May 25, 2016
First time buyers still struggling Rising rents are making it even harder for first time buyers to get on the property ladder these days. Those who manage to buy their first home this year can have spent nearly £53,000 in...
Read MoreWednesday, May 25, 2016
ECONOMIC NEWS MAY 2016 Newly released figures from the Office for National Statistics (ONS) show that industry in the UK has fallen back into recession. It shrank for the second quarter in a row from 0.6 per cent in the last three months of...
Read MoreWednesday, May 25, 2016
Tracker mortgages Until recently, financial commentators had predicted that the UK was likely to see an increase in the Bank of England Base Rate this year. A combination of factors however (including weaker economic growth and some turbulent...
Read MoreWednesday, May 25, 2016
Is the 100% mortgage back? One of the big challenges for first time buyers has been in pulling together a deposit, especially when facing rising house prices in many areas. The credit crunch led to significant tightening in lending...
Read MoreWednesday, May 25, 2016
LAND REGISTRY DATA: MARCH 2016 (released 28 April 2016) The March 2016 Land Registry data showed a fall in average house prices across England and Wales for the second month in a row with a drop of minus 0.5 per cent. Regionally, while London...
Read MoreWednesday, May 25, 2016
Good news for older borrowers For older borrowers, securing a mortgage from a high street lender has become something of a challenge in recent years, following the Mortgage Market Review and subsequent tougher underwriting criteria. ...
Read MoreThursday, April 21, 2016
This month has seen the release of a number of statistics suggesting a weakening of the UK economy. The Office for National Statistics (the ONS) reported that, in February, the UK’s industrial output saw its biggest decline since August...
Read MoreThursday, April 21, 2016
LAND REGISTRY DATA: FEBRUARY 2016 (released 30 March 2016) The February 2016 Land Registry data showed a monthly drop in average house prices across England and Wales of minus 0.2 per cent, while the annual increase was 6.1 per cent. The...
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