mortgage brokers

Number of households in England to rise 17%: ONS
Sep 26, 2018 No Comments In Blog By
New data from the Office for National Statistics indicates that the number of households in England is set to increase by 17 per cent over the next 25 years, rising to 26.9 million in 2041 That’s the equivalent of 159,000 new households a year which, surprisingly, is considerably lower ...
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Average 2 year mortgage rate has actually dropped in September
Sep 24, 2018 No Comments In Blog By
Despite last month’s Bank of England rate rise, the average interest rate on a 2 year fixed rate mortgage has actually dropped! Rates are still, on average, higher than they were this time last year but it’s interesting to see rates fall again given the market sentiment and level ...
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Reactions to rumours about future of Help to Buy Scheme
Sep 7, 2018 No Comments In Blog By
Following my post earlier this week regarding the speculation around the future of the Help to Buy schemes and rumours that the scheme might become income capped or more focused towards low-income households, a number of industry specialists have offered their opinion on the reports and what they think ...
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Upcoming Help to Buy Show in Coventry (29 September)
Sep 4, 2018 No Comments In Blog By
Don’t forget – Plus Mortgages will be at the Help to Buy Show in Coventry on 29 September to answer your questions and provide you with guidance on how the Help to Buy scheme works and how it might be able to help you get on, or move up, the property ...
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Future of Help to Buy Scheme unclear!
Sep 3, 2018 No Comments In Blog By
The future of the Help to Buy Scheme seems unclear according to the The Sunday Telegraph and The Times. One reports that Help to Buy will be replaced in 2021 by a new scheme geared towards low-income purchasers. The other reports that Help to Buy will continue past 2021 ...
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Would you benefit from mortgage advice with no fees?
Aug 31, 2018 No Comments In Blog By
Would you or anyone you know benefit from mortgage or protection advice with no fees? Whether you’re looking to buy a new home, secure a new mortgage deal, arrange life insurance or protect your income… we’re here to help. And we don’t charge any fees! Like all other brokers, ...
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Average cost of getting on the property ladder now £209,000!
Aug 13, 2018 No Comments In Blog By
Latest figures from The Halifax First Time Buyer review shows that the average price of getting on the property ladder is now £209,000! That’s a 21% increase over the past ten years. Back in 2008, the average price of buying your first home was just £172,659. However, despite the rise in ...
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Number of arrears and repossessions continue to fall
Aug 9, 2018 No Comments In Blog By
Thanks to a more sensible approach to affordability, the number of mortgage arrears cases and repossessions continues to fall. However, in contrast, the number of landlords in serious arrears has risen, which would suggest an increased strain on Buy to Let owners, potentially due to recent taxation changes. Will ...
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Most borrowers unlikely to be affected from rate increase
Aug 3, 2018 No Comments In Blog By
Research by UK Finance shows that up to 95% of borrowers are unlikely to be affected by this weeks BoE rate rise, at least in the short term, because they opted for fixed-rate mortgage products. Given that the cost of lending is rising for Banks, customers on a variable mortgage ...
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