If your home is worth more than your existing mortgage then you have “equity” in it. That equity has a monetary value. It, therefore, makes sense to leverage it as much as you can. Here are some points to consider. Stay open to remortgaging Remortgaging can be very useful even if you currently have no […]
You Can Still Get A Mortgage Even If You’re Self-Employed
The buying frenzy caused by the SDLT holiday looks likely to come to an end soon. In fact, it may start fading relatively soon given the time needed for completion. This may actually be good news for buyers, especially first-time buyers and the self-employed. You will, however, need to approach the mortgage approval process in […]
What Are Today’s Top Property Selling Points?
If you’re selling a home, it makes sense to highlight its most attractive features. To do this, you need to understand what today’s buyers want. With that in mind, here are some property selling points you should consider. Location You’re selling a place to live so be sure to let potential buyers know why they […]
Is The UK Housing Market In A Bubble?
The Stamp Duty holiday has arguably been the housing-market equivalent of the January sales. It got people out and spending at a time when they might otherwise have stayed at home and saved. Like the January sales, however, it must come to an end (barring any major surprises). So what will happen to the housing […]
Mortgage Lending Reaches A New High
According to the Bank of England, in March 2021, gross mortgage borrowing hit £35.6bn. Repayments, however, totalled just £23.8. This is the highest net difference since records began in 1993. What’s more, it’s happening with a global pandemic still in progress. This raises the question of what is behind these figures and what they mean […]
Is Housing A Bubble Waiting To Pop?
The UK housing market has long been known for its vigour. Since July 2020, however, its performance has been astounding. According to figures from the Office for National Statistics, over the year to March 2021, there was a 10.2% increase in property prices. Is this, however, a good sign or a major red flag? House […]