Mortgage Interest Rate Options: For both repayment and interest-only mortgages, there is a variety of ways in which interest can be charged to the mortgage account. For instance, some lenders charge interest on an annual basis, some on a monthly basis, and some on a daily basis. Generally, it is the lender who decides how interest is charged, although this may vary between different mortgage products....

London property gets its mojo back Have you been holding back on selling your property because of the uncertainty of Brexit and how it will affect the market? You weren’t alone! Rightmove, Britain’s largest property portal’s research shows a spike in property prices and sales. With asking prices jumping by over £2500 in January alone, and the asking price for the average home just below £310k,...

With first-time buyers reaching their highest level since 2007, you might want to start your search now. First-time buyers make up over half of all sales. According to UK Finance, published August 20, 2019, 9,960 new first-time buyers mortgages completed in London in the second quarter of 2019. Up by 1.2% from the same quarter last year, and twice as high as the 191,040 people who bought a first home in...

Buying a home, whether in Uk or anywhere in the world, is an exciting and self-fulfilling life event everyone should cherish. However, this is not always the case because of the several challenges involved in buying a home. These challenges affect everyone regardless if you’re a first-time property buyer or not. Studies have shown that more than 50% of home buyers experience obstacles in the home buying...

It is understandable when inexperienced or first-time buyers are reluctant to enter the property market given the uncertainty surrounding the circus that is Brexit. This has seen the number of sales in the capital fall by a quarter over the past three years. Zoopla, one of the countries leading property directories and sources of the housing market data data suggests the slump in house price growth may be...

Lottie Bodilly has just bought her first home. After months of searching, the 25-year-old, together with her partner, Jackson, has found a large two-bedroom apartment in a Victorian building in Streatham, south-west London. The couple completed last Friday. The price: just under £500,000.  “The vendors had a lot of interest and we had to go to sealed bids,” says Bodilly, a web publishing...