Your Right Move

Monitoring the current climate for UK home owners and renting property
Follow YourRightMove on Twitter

Archive for the 'Lending' Category

End stamp duty holiday looms

Stamp Duty Exemption

It's noteworthy that the end of the stamp duty holiday looms for first-time buyers with just 5 months to go, sellers with homes worth £250,000 or less should acknowledge call to action First-time buyers should be aware that the 25th October marks just five months to go until the stamp duty holiday ends. Under current arrangements, first-time ...

posted by Zane in Estate Agents,For Sale,Lending,Mortgage,Stamp Duty and have No Comments

No deposit mortgage is back

first-time-buyers-mortgage

Oh dear, it seems 100 per cent mortgages are back!. Relatively new bank Aldermore which was set up at the start of the credit crunch is making headlines with its new offer of  5% savings and no deposit mortgages. Bringing back 100%  loans for first-time buyers to get on the housing ladder without saving a penny ...

posted by Zane in Lending,Mortgage and have Comments (2)

Home Ownership down – Cost of Buying Up

Home Ownership down

The big news after the Bank Holiday weekend is based on the recent report from the National Housing Federation regarding Home Ownership going down, while the cost of renting and Buying continues to spiral out of control. They predict the number of home owners will drop to just 64% as house prices soar, compared to 73% in ...

posted by Zane in Buying,Home,Lending,Mortgage,Property,Recession,Renting and have No Comments

Sellers drop asking prices

Sellers drop asking prices

It seems that sellers are dropping their asking prices by 1.6%. This is apparent from the current Rightmove monthly report. What is the report based on? Rightmove take there property base which is estimated to be around 90% of the property market. The results provide useful figures for residential property prices in England and Wales. Rightmove produce ...

posted by Zane in Guide,Lending,Property,Rightmove and have No Comments

Santander Customer Service

Santander Customer Service

Does Santander deserve a second chance? Simon Read from the Independent believes so, as his article this week reasons the Spanish-owned company has good reasons why it's failed and will turn things around in the coming months. A response too late for many customers who have overwhelmingly rated the Spanish giant bottom in a customer service ...

posted by Zane in Lending,Mortgage,Recession and have No Comments

Should you pay off UK mortgage early?

Should you pay off UK mortgage early

A few years back there was a superb television series on BBC2 entitled Pay Off Your Mortgage in Two Years. It looked at several families and with some good advice and a lot of hard work they aimed to pay off there mortgage. But it begs the question why should you pay off your mortgage, and if you do ...

posted by Zane in Guide,Lending and have No Comments

Buying 14% cheaper than Renting

Buying cheaper than Renting

If you do your sums, you will find that renting is costing the average person £100 more a month than they would be for a buying and paying a mortgage. Halifax released a report this week claiming homeowners spend an average of £600 on mortgage payments compared to £700 in rent for the same size property, ...

posted by Zane in Guide,Lending,Renting and have No Comments

Fixed Rate Mortgage Up

Fixed Rate Mortgage Up

After a period of falling mortgage approvals, mortgage applications are now on the rise. Over 80% of borrowers chose to apply for fixed rate mortgage. The Mortgage Advice Bureau revealed in a recent report that the number of mortgage applications was up by 11.6% in February2011 and 20% in March 2011 compared the previous year. Though its worth ...

posted by Zane in Lending,Mortgage and have No Comments

Royal Bank of Santander

Royal Bank of Santander - Santander bid for Royal Bank of Scotland

Royal Bank of Santander - Santander look set to buy Royal Bank of Scotland It seems Santander the Spanish bank that bought Abbey National are about to purchase 318 branches from Royal Bank of Scotland. Thus our cheeky headline "Royal Bank of Santander" Santander put a £2bn offer in April and is set to acquire 318 ...

posted by Zane in Lending,Mortgage,Recession and have Comment (1)

Fewer people own their home

Fewer people own their home

Since the eighties, home ownership increased as many saw it as a simple way to invest in bricks and mortar. But with many home owners and investors losing confidence in today current climate, home ownership has hit a 20 year low. Why such a low level of property owners? Many have literally been priced out of the ...

posted by Zane in Buying,Lending,Property,Recession and have Comment (1)
css.php