Shared Ownership Maidstone
Shared Ownership in Maidstone : A Guide to Affordable Homeownership with Shared Ownership Mortgages As the cost of housing in the UK continues to rise, many first-time buyers and those struggling to get on the property ladder are turning to alternative options like shared ownership. In areas like Maidstone, where… Read more
Shared Ownership Mortgages
Shared Ownership Mortgages For many first-time buyers or those who may struggle to afford a full mortgage, shared ownership mortgages present an excellent solution for entering the property market. Shared ownership allows individuals to buy a portion of a property, typically between 25% and 75%, while renting the remainder from… Read more
What is a Mortgage Broker?
Mortgage Broker : Finding the Best Mortgage Solution and Broker When it comes to buying a home, finding the right mortgage is one of the most crucial steps in the process. With so many different lenders and products available, navigating the mortgage market can be daunting. This is where a… Read more
Homeowners see home value rise £80k on average if they bought in the last 20 years – Zoopla
Homeowners who bought their current home within the last 20 years are sitting on an average of £80,000 in property value gains, research reveals. The analysis by Zoopla also found that 60% are seeing gains of £65,000 or more. This is due in part to house price growth of 78% during… Read more
Interest rate cuts ‘back on the table’ as inflation falls to 1.7%
Inflation has fallen below the Bank of England’s target of 2% raising prospects of another interest rate cut in November. The Consumer Prices Index (CPI) showed today the cost of goods and services has risen by 1.7% over the year to September. Economists had been expecting it to fall… Read more
Nationwide unveils new first-time buyer borrowing limits
Nationwide has become the first major mortgage lender to allow first-time buyers to borrow up to six times their income on loans of up to 95%. A first-time buyer couple with a joint income of £50,000 could now borrow up to £300,000 under the new borrowing limit which comes into… Read more
Move home by Christmas: Tips to speed up your property purchase
Want to be in your new home by Christmas? Whilst it might be an unrealistic deadline for most buyers, there are still ways you can speed up the home buying process. Stephen Ward has some tips As Summer wanes, potential homebuyers dream of celebrating Christmas in a new home. The… Read more
Lloyds Banking Group makes £2bn lending available to first time-buyers
Lloyds Banking Group makes £2bn lending available to first time-buyers needing higher LTI ratios Halifax has brought out a First-time Buyer Boost deal that offers improved loan-to-income (LTI) ratios to select borrowers. The First-time Buyer Boost allows them to borrow up to 5.5x household annual income, a rise from 4.49x income. Assuming… Read more
Why You Need a Mortgage Advisor: Expert Guidance for Your Home Financing Journey
Securing a mortgage is one of the most significant financial decisions many people will make in their lives. The process of finding the right mortgage can be complex and daunting, involving numerous choices and potential pitfalls. This is where a mortgage advisor plays a crucial role. In this article, we’ll… Read more
UK Mortgage Market: Insights and Guidance from a Mortgage Broker in Maidstone
The UK mortgage market is a dynamic and complex environment, with numerous options available to prospective homebuyers. Navigating this landscape can be challenging without the right guidance and expertise. This is where the role of a mortgage broker becomes invaluable. In this comprehensive guide, we will explore the intricacies… Read more
Finding the Best Mortgage Broker in Maidstone : Your Ultimate Guide
Navigating the mortgage market can be a daunting task, especially with the myriad of options and financial jargon that come with it. For residents of Maidstone, finding the right mortgage broker can make all the difference in securing the best mortgage deal tailored to their needs. In this comprehensive guide,… Read more