by testsitejymarketing | Apr 3, 2017 | Buying a Home
Many of us dream about owning our own home, but is it just a sure fire way to bankruptcy?? To afford the average house in London you would now need to earn just over £71,000 a year* even if you put in a 25% deposit, a hefty £107,500.Assuming you do have a spare £100k+...
by testsitejymarketing | Apr 3, 2017 | Landlords
Recently the bank of England has been taking steps to control the housing market, primarily by introducing stricter controls on mortgage lenders (See “Plans to curb the property bubble” post ). Until now these changes have only applied to residential...
by testsitejymarketing | Apr 3, 2017 | Housing Bubble
Amid concerns of another property bubble forming following the soaring house prices in the last year the Bank of England has today announced they will impose a limit on lending. This is the first time such a limit has been put in place since 1980 and it is claimed...
by testsitejymarketing | Apr 3, 2017 | Property Market Changes
Property prices have started dropping in London so for those who ruled out buying, due to affordability, it may be time to start looking again. Recent reports show that property prices were down 0.5% in London in the last month, not a huge shift, but starting to go in...
by testsitejymarketing | Apr 3, 2017 | Deals
Another Bank Holiday weekend another set of deals for those planning on doing a bit of DIY (or having a BBQ). Homebase 15% off everything Click here Start: 20 May 2014 End: 27 May 2014 Argos Savings on indoor furniture Save £20 when you spend £150 Save £50 when you...
by testsitejymarketing | Apr 3, 2017 | Housing Bubble
Since the scheme started average house prices have risen sharply in the UK. The latest figures from the Land Registry show a year-on-year price rise of 5.6% and many lenders reporting even higher annual average increases. It seems likely Help to Buy played a large...
by testsitejymarketing | Apr 3, 2017 | Mortgage Interest Rates
Good news for homeowners as The Bank of England keeps UK interest rates at the record low of 0.5%. Worries about rising house prices in parts of the UK had intensified the debate over when rates might increase, but despite recent evidence that the economy is...
by testsitejymarketing | Apr 3, 2017 | Property Market Changes
Ed Miliband announced Labour’s plans to reform the private rented sector, but will they help or hinder? Labour have proposed a national rent ceiling, an end to all letting agent fees for tenants and the introduction of three year tenancies. On the face of it,...
by testsitejymarketing | Apr 3, 2017 | Mortgage
As if it wasn’t bad enough that when applying for a mortgage you have to give the bank or your mortgage broker 3 months worth of your bank statements to sift through, new changes in the mortgage application process have meant the process is about to get even...
by testsitejymarketing | Apr 3, 2017 | Furnishing
If you’ve just bought a property as a buy to let you will probably be looking to furnish it on a budget. This could also be the case if you’ve just bought a property as a home, however as you are likely to be furnishing your home to your own tastes, this advice is...
