Three in five first-time buyers depend on the bank of mum and dad in order to get onto the property ladder, according to research by Just Group. In the last five years, 61 per cent of FTBs relied on financial help from relatives in order to purchase a property. In comparison, just 20 per cent of FTBs relied on financial assistance from relatives 30 years ago.
As 2024 gets underway, homeowners facing the end of their fixed-rate mortgage terms are presented with a critical decision - navigating the remortgage market to secure the best possible deal. The landscape of interest rates and mortgage products is ever-changing, and making the right choices can significantly impact your financial future.
The UK mortgage landscape has experienced a significant shift, with rising mortgage rates becoming a growing concern for homeowners. However, amidst these uncertainties, the UK Mortgage Charter has emerged as a beacon of hope, offering practical ways to help UK homeowners during remortgaging and providing peace of mind in these challenging times.
As a specialist mortgage broker in London, we understand the importance of being prepared when your fixed rate mortgage term is coming to an end. It is crucial to make informed decisions that can potentially save you money and secure the best possible mortgage deal for your specific needs. Here, we outline five essential steps you should take when your fixed rate mortgage term is ending.
The Bank of England Base Rate is currently at 3.50% and is predicted to rise. Anything else as far as mortgages are concerned, is anyone’s guess. We are seeing mortgage rates start to fall and house prices are predicted to fall. But while it’s impossible to predict what will happen to the housing market, it is possible to ensure you get the right mortgage rate in 2023. And here’s how you do it.
Whether you’re buying your first home, moving home, remortgaging, or buying to let, we promise to deliver an exceptional service, with a simple and uncomplicated approach. We are a small company with big ambitions and strong values to help you realise your dreams. Here are some of the reasons why you can trust us to put these into practice.
