NatWest increases mortgage rates by up to 0.20% – Financial Reporter

When mortgage rates go up it is bad news for potential home buyers. This means your payment will be a little higher. Even a slight increase can cause you to pay significantly more over the years. If you can wait till rates go down you should. Not everyone can wait, though. It’s good to at […]

House prices: signs of new north-south divide in UK market emerge … – The Guardian

The latest trend in The British property market has seen lower priced houses in the north selling better than pricier houses in London and points south. Buyers have more options and are becoming more frugal, hurting the southern market. Larger houses are also becoming harder to sell with buyers preferring smaller homes with two bedrooms. […]

Outstanding mortgages hits all-time high in the UK – The Voice Online

As of August 2017, the average mortgage in the UK is an astonishing £121,678. Rising house prices and a drop in the number of home loans has caused the UK to have record per household mortgage debt. This environment is fueled by larger loans and longer repayment periods. The first-time home buyer is actually borrowing […]

House prices UK: First time buyers in London expect THIS from their parents to buy a home – Express.co.uk

First time home buyers in London and South East England are facing higher purchase prices than other parts of the country. Because of this, many of these potential buyers are approaching their parents for loans to help fund these purchases. This trend may lessen as mortages begin to offer competitive rates and more properties flood […]

Mistakes that knock thousands off house prices – AOL UK

This article is about the mistakes that knock thousands off the price of houses. These mistakes are listed according to Property mark. One thing that one must do is make all decorations neutral. avoid dark rooms so make sure that they are brightened up and the blinds are pulled back to lighten up the area. […]

UK government could ban gazumping to tackle stressful house-buying – Business Insider

The UK government is considering banning gazumping in an effort to streamline the home buying process. Gazumping is specifically when the seller goes ahead and accepts a higher offer after they’ve already committed to sell to another party. About one quarter of all property sales in England fall through, in part, because of gazumping. Sajid […]

Remortgage now to grab a cheap fixed-rate deal … before they’re gone – The Guardian

Remortgaging now could save you quite a bit of money, especially if you have an adjustable rate mortgage. Fixed rate often costs less. It is also more reliable. Your payment won’t keep changing on you. When this happens it often creates financial hardship. It’s better to know exactly what you’ll be paying so you can […]

10 things to watch out for the first time you view a home – Curbed

Looking at homes can be fun and it’s easy to get carried away if you see one you like and really want it. You might ignore red flags. This is bad, though, because a home is expensive. You want it to be worth the money. This gives you things to watch out for so you […]

Remortgaging your home? UK house price figures show THOUSANDS of Britons are staying put – Express.co.uk

Many people in Britain do not want to remortgage their homes right now. The housing market isn’t at its best right now so they don’t want to risk it. Prices are up. This is good news for a seller but not for a buyer or someone who wants to refinance. You may want to wait […]

House prices in English market towns now £30,000 higher than … – The Independent

If you want to live in England and don’t already have a home there this news is not good. House prices are up right now. You’ll pay more if you can’t wait to buy. Watching the housing market can help you get a lower price if you can wait to buy when it’s down. If […]