A recent report shows that two out of five first-time homebuyers do not expect to get onto the property ladder until they are 40 years old. It is the latest evidence of buyers struggling to purchase their first home after concerns were raised earlier this week that the typical age of a first-time house buyer [...]
Continue reading " First Time House Buyers Are Getting Older "
The average rate on a two year tracker mortgage has fallen to 3.40 per cent, according to the financial consultancy Moneyfacts. This is its lowest level since the company started monitoring rates in 1988. In the last month the following lenders have reduced rates on base rate tracker mortgages: · Cumberland Building Society · ING [...]
Continue reading " Mortgage Tracker Rates Fall To All Time Low "
As the cost of oil shoots ever upward, the implications for home owners continue to become more serious. Heating and electricity bills are almost certain to carry on rising, as the raw materials that fuel them become more expensive, thanks to political uprisings in the Middle East and North Africa. So the motivation for adopting [...]
According to the Council of Mortgage Lenders (CML), the number of new mortgages for house buyers in the UK dropped by 29 per cent compared with the December figure. It was also 12 per cent lower than January 2010. “With the effects of last year’s government spending cuts beginning to bite, and rising inflation and [...]
For the 19th year in succession, the Homebuilding and Renovating Show returns to the National Exhibition Centre in Birmingham from 24-27 March, providing hundreds of ideas for home-builders, along with cutting edge products and services. Among the highlights will be: • A full sized oak framed cottage • A ‘try it yourself’ area where you [...]
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