The UK government is always committed to supporting people who want to become homeowners. The government is helping over 681,000 households to purchase a home since 2010. For this purpose, the government has initiated many government-backed schemes including Help to Buy and Right to Buy. However, many hard-working households are still unable to go onto the…
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House prices dropped by 0.1 per cent in February, according to Halifax. The prices increased by 5.2 per cent on an annual basis with the average house price coming to £251,697. However, on a quarterly basis, this equates to a 0.5 per cent change. Russell Galley, managing director at the Halifax, said: “The government’s decision…
Leeds Building Society has launched two new fixed-rate holiday let products as the post-lockdown holiday market creates more opportunities for investors. The lender experienced its biggest-ever month for holiday let purchase applications in September 2020. Leeds BS aniticipates that due to ongoing pandemic uncertainty, Britons will holiday in the UK this year. Thus, keeping the…
What is remortgaging? Remortgaging is basically the process of changing your existing mortgage supplier and switching to another mortgage product from a different provider. Almost a third of all home loans made in the UK are actually remortgages. There are many advantages to remortgaging your property. When is the good to remortgaging? The purpose of…