First Time Buyers still struggling
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...
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Economic News May 2016
Wednesday, 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...
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Tracker Rates
Wednesday, 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...
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Is the 100% Mortgage Back?
Wednesday, 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...
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Land Registry Figures March 2016
Wednesday, 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...
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Good News for older Borrowers
Wednesday, 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. ...
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Economic News - April 2016
Thursday, 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...
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Land Registry Statistics - February 2016
Thursday, 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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