24 July 2017

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 […]

3 July 2017

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 […]

3 July 2017

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 […]

3 July 2017

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 […]

3 July 2017

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 […]

3 July 2017

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 […]

3 July 2017

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 […]

3 July 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 lack of property for sale, with each estate agent having […]

3 April 2017

Interest-only mortgage maturities fuel equity release boom

The Financial Conduct Authority has flagged up 2017-2018 as a period in which a wave of interest-only mortgages sold in the 1990s and early 2000s will reach maturity. It estimates that almost half of these homeowners will not have the funds available to pay off their loan and that many will explore equity release as […]

3 April 2017

Home insurance – why it’s important to get your sums right

How precise are you when it comes to numbers? Do you tend to ‘guestimate’? It’s an interesting fact of life that we find some figures easier to get to grips with than others. When it comes to home insurance, the more precise you can be when calculating the value of all the things you own, […]