02071831101

Considering Shared Ownership? Read about the potential pitfalls.

Dr Alison Wallace, senior lecturer in social policy and housing, Centre for Housing Policy, University of York comments to the Levelling Up, Housing and Communities (LUHC) Committee are summarised, highlighting some of the concerns you should consider before buying a shared ownership property, worth reading in full if this is something you were considering: Entry […]

Rightmove’s thoughts on the UK property market into next year

Rightmove have recently released some thoughts on the property market into 2024. Here’s a quick summary of their predictions and data: House buyers delayed purchases due to the mini Budget but are expected to resume in 2024 as asking prices drop by one percent. Rightmove predicts new seller asking prices will decline by the end […]

Can you get a mortgage if you’ve had debt management plans?

This article posted directly by Precise Mortgages outlines their terms for clients who have or have had Debt Management Plans (DMP). In summary: Precise Mortgages offers mortgage products for customers with DMPs. Mortgages are available up to 85% Loan-to-Value (LTV) for those with DMPs. DMPs active for at least 12 months are considered; they don’t […]

BTL Rates cuts ongoing

We are seeing significant and widespread reductions in Buy-To-Let (BTL) mortgage rates across various lenders in the UK during November 2023, indicating a trend towards more affordable and diverse mortgage products in the real estate market.

Landlords Face Five-Year Deadline for EPC Goals: Exploring Funding Solutions and Challenges

Buy-to-let investors may soon find themselves facing a new challenge: meeting EPC energy efficiency standards within a five-year timeline or risk facing fines of up to £30,000. With the government expected to require landlords to enhance the energy performance of their properties by 2028, these proposed plans raise several questions about how these improvements will be funded, the role lenders should play in the process, and the long-term impact on both landlords and tenants.

Spring Budget 2023 – Whats the news for homeowners?

Chancellor Jeremy Hunt unveils a “Budget for growth,” pledging billions of pounds to boost business investment and implementing measures to support the UK workforce. Major initiatives include a £4bn expansion of free childcare for one and two-year-olds in England to encourage parents to return to work earlier. Hunt aims to stimulate growth by removing obstacles […]

Multi-Generation Mortgages

If you’re struggling to afford a home on your own, you’re not alone. Many families in the UK are feeling the squeeze of high property prices and stagnant wages, making it difficult to get a foot on the property ladder. But what if there was a way to share the cost of a home with […]