As we prepare to bid a (fond) farewell to the year 2017, here’s a quick round up of the year’s main financial news. January While it wasn’t, strictly speaking, financial news, the inauguration of President Trump, was pretty much guaranteed to set the stage for some major changes in numerous areas, including financial changes. As […]
Mortgage
Britain’s Best Lenders – Mum & Dad
The days of 100% mortgages are unlikely to return any time soon. Quite the opposite, in the current climate, it’s a case of “the bigger the better”, where deposits are concerned. While it may be the purchaser who hands over the deposit, many first-time buyers are turning to the bank of mum and dad for […]
Fixing Mortgages
For many people a mortgage is one of the biggest financial commitments they will ever make, which is why it’s so important to choose the right product for your, personal situation. At this point in time, it’s very hard to find interest-only mortgages for residential properties (although they are still available in the buy-to-let sector), […]
Why It Pays To Go Via The Middle Man
We’ve all seen the adverts on TV (and elsewhere), cut out the middleman, go direct and get the best, possible price. In theory, that’s sound advice – provided that you know exactly what you’re doing. In practice, however, going to a reputable middleman can be exactly the right move to save money (and hassle). This […]
Buy To Let Numbers Do Still Add Up
The UK is one of the most densely-populated countries in the world and hence there is a high demand for housing both to buy and to rent. Over recent years, the government has attempted to help first-time buyers onto the housing ladder though a combination of providing direct assistance, in the form of help-to-buy schemes, […]
The Upfront Cost of Downsizing
With the notable exception of children, smaller is generally cheaper. This is usually very true when it comes to housing (on a like-for-like basis of course, a studio flat in London might well cost more than a house in rural Wales). Because of this, there’s an obvious financial attraction in downsizing property once children have […]