My Home Move: 57% of remortgaging done to raise capital – Mortgage Strategy

According to My Home Move, English and Welsh homeowners remortgaged for around £15,000 more in 2016 than they did in 2014. two years ago, with 57% using it to raise capital. They also found that homeowners in the East Midlands borrowed almost double in 2016, whilst those in the East of England, home counties, North […]

Remortgage lending rises after lenders slash rates – What Mortgage

New research by My Home Move has found that Homeowners in England and Wales are borrowing more when they remortgage. They found that homeowners remortgaged for an average of £15,000 more in 2016 than they did in 2014, and that 57% of remortgage cases in 2016 were capital raising. They also found that those in […]

Could Wales be the Next Hotspot for Rental Property Investment? – Business News Wales

Wales is a new emerging market for property investment, as it has high levels of demand, options to buy low and high rent yields. For example, the average house price in Wales at the moment sits at £144,000, much less than the UK average of around £217,000 and the average rental yield is around £700 […]

Frome property prices: Lack of jobs and homes making town a ‘dormitory for retired and wealthy’ – Somerset Live

A councillor has warned that a lack of affordable homes and job opportunities is turning Frome, Somerset into a “gentrified dormitory town”. Prices in the area rose by 14.5% last year, at a time when 450 people sit on the town’s waiting list. The town’s mayor has highlighted the town’s need for social and affordable […]

The practical guide to buying your first home – Irish Independent

2017 is the year of the first time buyer. Buying a first home is one of the major milestones in anyone’ life, especially with the price of real estate being so high, so here are 12 tips to make sure you get it spot on. Learn how to clean up your finances, get details on […]

The mobile homes that cost more than the average UK property – and one carries a £500K price tag… – Daily Mail

Mobile homes were once considered unslightly blots, but these are some of the most luxurious in the UK. Some of these mobile homes cost more than an average property, and come equipped with features such as ensuite bathrooms and three bedrooms. Join us as we look at some of the best mobile homes in the […]

Habito, UK’s digital mortgage broker, secures £5.5m in Series A funding – RealWire (press release)

habito, an East London digital mortgage broker, has raised £5.5m in Series A funding from a venture capital fund. This will be used to grow the company, update its technology and transform the outdated mortgage industry. Since its launch in April 2016, habito has helped more than 20,000 customers and completed £50 million in mortgage […]

How to get the most out of an art auction – Evening Standard

In order to maximise your success at an art auction you should not only prepare in advance and understand your favourite works, but you should also have a budget in mind with which to bid. Furthermore, you should make sure you get the best deal and trust your instinct. It is important to remain calm […]

Bargain homes for first-time buyers on sale in Birmingham right now … – Birmingham Mail

Being a first time buyer is hard in the UK at the moment, with deposits having doubled since 2006. The situation is at its worst in London, but Birmingham has some potential locations where you can find a steal. Even though £24,000 is still a lot of money, the following are a list of some […]

Buy-to-let mortgages pulled at fastest rate since 2009 – The Week UK

Buy-to-let mortgage offers have been pulled from the market at the fastest rate since 2009, with the number of available buy-to-let mortgages falling from 1,482 to 1,408. Loans for those with 25% deposits have been hit hardest, falling more than 10%. These cuts are due to new Bank of England affordability test rules, meaning that […]