Simply Home Finance Summer 2017
HOW THE HOUSING MARKET MUST CHANGE TO MEET NEW NEEDS The arrival of the summer months is usually a busy time for estate agents. However, it seems that the market is being held back by a lack of supply. In their April survey, the Royal Institution of Chartered Surveyors reports that there is a marked […]
Does your mortgage need a makeover?
With interest rates remaining low, and many lenders offering competitive deals, this could be a good time to review your existing mortgage arrangements. The monthly mortgage repayment is often a family’s major outgoing, so it’s a good idea to review your mortgage from time to time to see if there’s a better deal currently available […]
Trends in living
Owning your own home is a desirable goal for many people. However, over the last few years, property prices have kept on rising most of the time, putting the home-owning dream beyond the reach of many. Home ownership has fallen in percentage terms and a higher proportion of home owners than ever before are aged […]
To buy or rent? What you need to consider
Buying your own home is a big financial decision and one you need to approach with your eyes wide open. There are many things to consider and you’ll need to weigh up the pros and cons carefully before opting to become a homeowner. RENTING GIVES YOU FLEXIBILITY, BUT YOU PAY FOR IT Renting your home […]
Interest-only mortgages under investigation by the FCA
The Financial Conduct Authority (FCA) has announced that it will investigate mortgage lenders with borrowers on their books who have interest-only mortgages to ensure that they are being treated fairly. The FCA says that 1.8 million UK home owners have this type of mortgage (excluding buy-to-let) and many loans are due to be repaid over […]
With 11 buyers for every home, how can you get ahead in the race?
Figures from the National Association of Estate Agents confirm that housing demand remains extremely high, with an astonishing 11 buyers chasing every property on the market. Whether you’re a first-time buyer, second-stepper or a last-time mover looking for a property, with a shortage of houses for sale you’re likely to face some stiff competition. So […]
Why being bad at maths could cost you money
Getting your numbers wrong when working out how much home insurance cover you need could prove to be a costly mistake that could have serious consequences. If you don’t check your home contents sum insured on a regular basis, then you could find that if you need to make a claim you are underinsured. If […]
How the housing market must change to meet new needs
The arrival of the summer months is usually a busy time for estate agents. However, it seems that the market is being held back by a lack of supply. In their April survey, the Royal Institution of Chartered Surveyors reports that there is a marked lack of property for sale, with each estate agent having […]