Category archives: Mortgages & General Property News

Becoming a homeowner later in life is not uncommon these days, but is it possible to get a mortgage if you’re retired? All the fives It’s true that getting a mortgage becomes a lot harder after the age of 55. First because it is more difficult to prove retirement income than it is to prove […]

In today’s market, getting a foot on the housing ladder is no easy task, but new research highlights just how rewarding home ownership can be. Research from the Equity Release Council (ERC)1 has found that someone buying a house today could save £326,214 in the next 30 years compared with people who rent throughout the […]

New research1 has revealed the UK’s top ten most sought-after beauty spots from the 46 areas of outstanding natural beauty across England, Wales and Northern Ireland and 40 national scenic areas across Scotland. Country living The Cotswolds leads the way, with houses in this area notching up over 8.5 million views on Zoopla in 2021. […]

Few people enjoy reading the fine details of insurance terms and conditions. However, failing to do so can leave you with insufficient cover or, in the worst cases, the wrong type altogether. Cost, time or font? A fifth of UK adults admit to not checking the T&Cs before taking out insurance. The explanations are varied: […]

Not all prospective homebuyers will be familiar with ‘catfishing’ – a term from the online dating world to describe a person who presents themselves differently online to how they are in person. But a lot of them have suffered the catfishing experience at property viewings. New word, familiar trend A recent survey1 of homebuyers suggested […]

Picture the scene: you’ve found your dream home, you’re almost ready to exchange contracts, and then you get the call… your buyer has pulled out. Domino effect Such unexpected events in the property chain can leave your own purchase in jeopardy. Many property transactions are interlinked in this way, with the decision of one buyer […]

FTBs go mad for BoMaD  Half of all first-time buyer (FTB) transactions in 2021 involved support from the Bank of Mum & Dad (BoMaD)1, with £9.8bn of BoMaD loans helping 169,000 FTBs onto the housing ladder. Analysts suggest the trend towards higher parental contributions could be here to stay given that Help to Buy is set to be […]

Last year house prices rose to new heights and the sales market was at its most active since 2007. Last year’s property boom was fuelled by a desire for more space, a mismatch in supply and demand, and the temporary Stamp Duty holiday. Looking ahead, what trends will dominate the housing market in 2022? Strong […]

The Autumn Budget included fresh spending pledges on housing from the Chancellor, with £1.8bn set aside to assist housing supply via land regeneration. Community focus The additional funds are aimed at delivering 160,000 new homes and will be divided into two parts: £300m for councils and combined authorities to help them unlock smaller brownfield sites […]