It is extremely difficult for first time buyers to enter the housingmarket and unfortunately, it is only set to get more difficult. The price for house deposits are set to sky rocket over the next decade. The worst affected areas will be London and the South of England. Read more…
The process of getting a rented property seems to be easier than ever. People can now search for multiple properties online from the comfort of their own home. However, some landlords and agencies have deceived renters by using pictures of Read more…
With so many decisions involved in the mortgage process, it’s no surprise that many first-time buyers feel overwhelmed. There can be a lot of pressure put on first-time buyers because getting a mortgage is essential for getting their own home. Read more…
The online mortgage broker Habito has carried out research that highlights the financial consequences of complicated documents that consumers are forced to read whenever they apply for a mortgage. One in four people have committed to a financial agreement without Read more…
The British housing market is extremely dysfunctional. There simply aren’t enough affordable homes available for the people that are struggling the most. There has yet to be any significant action that demonstrates some sort of progress. However, modular homes could Read more…
Over 1 million families in England are stuck on long waiting lists for social housing. According to the housing and homelessness charity Shelter, 1.15 million households were on waiting lists during 2017. Only 290,000 homes were made available the same Read more…
The Secretary of State for Communities, The Rt Hon James Brokenshire MP, has confirmed a multi-billion-pound investment in social housing across England. This comes as part of the drive to build much needed homes for people who are struggling financially. Read more…
Getting a mortgage can seem like an impossible task, but it is one of the most important financial decisions a person can make in their life. Although getting a mortgage is daunting, it definitely isn’t impossible. You will need to Read more…
This year, older homeowners can choose another type of home finance product – retirement interest-only or RIO mortgages. These deals allow borrowers to pay a monthly mortgage interest until they sell their house, go into long-term care or pass away. Read more…
In the past five years, the number of lenders offering interest-only mortgages has more than doubled. Nevertheless, many economic institutions believe that they are risky and can leave borrowers in significant financial difficulty. However, lenders are now using these mortgages Read more…