Home buyers delayed making new purchases due to uncertainty of the general election result with 10% fewer mortgage loans agreed.
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Category Archives: Mortgage Buyers
The number of mortgages for new purchases to first time buyers and home movers is higher with increased borrowing values.
Nearly half of remortgage buyers are taking advantage of low interest rates by raising extra capital from their property.
Mortgage buyers continue to benefit from very low interest rates while savers are facing difficulty in finding a good level of interest.
The national parks are known as Britain’s breathing spaces and home movers pay £127,000 more to live there than surrounding counties.
More than half of residential mortgages have terms of up to 40 years lowering repayments but total interest costs are much higher.
Lenders are willing to offer competitive mortgage rates to first time buyers with small deposits if they can secure a guarantor.
New purchase numbers in London have been improved by first time buyers increasing 1.2% compared to a year ago.
Gardens are considered so important homeowners will spend money to improve their outdoor space to increase property value.
While campaigning for prime minister Boris Johnson may make radical changes to Stamp Duty cutting the cost to homeowners.