News

Banks and building societies across the UK continue to explore ways of making homeownership more accessible for first-time buyers. A recent move by the Yorkshire Building Society has seen the launch of a brand new £5,000 deposit mortgage for first-time buyers, enabling applicants to borrow up to 99% of the value of their property.

The process of buying property can feel very complex. There is a wide range of different elements to consider – and many will have a significant impact on your finances, so it’s important to take great care. So what is a mortgage term, we explain below.

If you’re in the early stages of property hunting – or if you’re at the point of planning your first purchase – you’re likely to be one of the millions of home buyers who must rely on a mortgage to take ownership of their future residence.

Bridging the Gap: How Do Bridging Loans Work and How Can They Help You Secure Your Dream Home. Buying a new home is often an exciting experience filled with anticipation. Whether you’re a first-time homebuyer or a seasoned real estate investor, the process can be rewarding and challenging.

First-time buyer average deposit paid across the UK Transforming the landscape for prospective homeowners and current mortgage holders… Since the government’s mini-budget announcement on 23 September 2022, mortgage rates have soared. It’s as if they’ve been loaded onto a financial rocket and launched into the stratosphere, transforming the landscape for prospective homeowners and current mortgage […]

Taking out a mortgage in later life to bypass Inheritance Tax Over-60s considering passing on assets or property to family members As the population of over-60s in the UK increases, more and more are considering taking out a mortgage in later life to bypass inheritance Tax (IHT). This strategy could reduce a potential IHT liability […]

With many mortgage borrowers facing uncertain times, here is how to deal with a rising mortgage. The UK housing and mortgage market has witnessed a rollercoaster ride in the past few years. This phenomenon was fuelled by low-interest rates, government incentives like the Stamp Duty Land Tax scheme, and a growing urge amongst many workers […]

What Is The First Homes Scheme Helping local first-time buyers and key workers onto the property ladder…

Welcome to part 2 of the mortgage jargon-busting blog Our mortgage jargon-busting blog continues here and will help you navigate the terms you’re likely to encounter as you search for your new home in 2023.