Buying a house? Don’t forget these costs

If you’re house hunting the main numbers you probably think about are the house price and monthly mortgage payments. If they seem affordable then the property might be the one for you. But there’s more you need to consider which could considerably increase the cost of buying a home. Here are the eight main costs … Continue reading “Buying a house? Don’t forget these costs”

Five dos and don’ts if you’re buying to let

Are you planning to buy to let? Or perhaps you’re a landlord already. Whether you’re a first-timer or hope to expand your property portfolio, take some tips for success! Buy-to-let property investment has soared in popularity, thanks to the combination of a raft of perks and poor returns from traditional investments. Now that pension freedom … Continue reading “Five dos and don’ts if you’re buying to let”

Should you get a 30 year or longer mortgage?

The length of a mortgage is typically 25 years, yet more people are considering borrowing money for longer to bring down the average cost of monthly repayments. But taking a 30 year or longer mortgage could end costing you a lot more money. House prices rises might have slowed down, but they’re still very high … Continue reading “Should you get a 30 year or longer mortgage?”

Who has benefited from Help To Buy?

The latest statistics1 show the scheme has  helped over 220,000 home-buyers. The average house price across the scheme is £191,000, illustrating that it’s helping people buy at the lower end of the housing market. With the government having pledged earlier in the year to fix the UK’s “broken housing market” it’s welcome news that over … Continue reading “Who has benefited from Help To Buy?”

Buy-To-Let – Where are we now?

The buy-to-let market looks set to change in the coming years as April’s tax changes start to bite.  Buy-to-let landlords have already faced changes in Stamp Duty Land Tax in England and Wales, and Land and Buildings Transaction Tax in Scotland. New landlords, or those wanting to take on new loans, will also find themselves … Continue reading “Buy-To-Let – Where are we now?”

How your family can help you buy a home

Your parents would love to help you onto the property ladder – they just don’t have a huge lump sum to give you. Fortunately there are other ways for them to help, from guarantor mortgages to family flexible mortgages. We take you through the main options, and their pros and cons. As a first-time buyer … Continue reading “How your family can help you buy a home”

Managing your money through Brexit

If the UK is leaving the European Union, what – if anything – might be the knock-on effect on the money in your pocket, and on your long-term financial plans? So we know that Brexit means Brexit – even if that’s just about all we know at this point. But what does Brexit mean for … Continue reading “Managing your money through Brexit”

New Taxation rules on Buy-To-Let set to bite

Data from the Nationwide Building Society in November showed that the buy-to-let boom may be tailing off. Their figures show that they lent £2.8bn in the six months to September 2016, down from £2.9bn in the same period a year earlier. From April 2017, landlords could find themselves paying tax at higher rates as a … Continue reading “New Taxation rules on Buy-To-Let set to bite”

Today’s the day for advice

On the first working Monday of the New Year, more people search for a financial adviser than on any other day. Will you be among them? Whether you’re saving, buying a home or drawing a pension, here’s how independent advice can give you the best possible start to 2017. Advice Day isn’t one of those … Continue reading “Today’s the day for advice”

‘It’s complicated!’ – Buying a home together

Few can climb the property ladder alone, and it’s not only couples who are making the ascent. But whether you’re buying as lovebirds or just housemates, it’s vital to understand how joint ownership works – or you could find that your dream home isn’t really yours after all. Most people who buy a home will … Continue reading “‘It’s complicated!’ – Buying a home together”