Brighton has been recognised as a buy to let hotspot – This might not come as a surprise to those living in one of the thousands of rental properties in the City. But what might be a surprise is that Yorkshire and Oxfordshire (who also featured on the list) deliver an average higher rate of 6.3% yield, against the 5.6% […]
At long last… George Osborne has said stamp duty will be cut for 98% of homebuyers in his Autumn Statement to the Commons. The chancellor said that from midnight, the current system, where the amount owed jumps at each threshold level, would be replaced by a graduated rate, working in a similar way to income tax. The changes taking place […]
“Inflation is when you pay $15 for the $10 haircut you used to get for $5 when you had hair!” Sam Ewing In 1974 when Harold Wilson won the general election for Labour, the average house was worth £9,927. And although we often think that house prices have risen at astronomical levels they have actually risen relatively in-line with average […]
Here at Number One Mortgages we’ve doubled our business in both volume and size over the past 12 months and we’re extremely proud to say that this year we have continued our 100% success rate in mortgages.
If you own a property in Brighton and Hove then you are likely to have seen the value of your home increase by around 13% in the last year. In fact, house prices are now rising at pre-recession levels, with the South-East seeing the strongest rates of growth.
When the Mortgage Market Review (MMR) came into play on 26th April it created mixed feelings, this is more commonly known as ‘new affordability rules’ in the news. While people agreed that, in theory, it was a good idea to make more detailed enquiries around mortgage applications, there were many concerns flagged.
On 26th April, most of the changes outlined in the Financial Conduct Authority’s Mortgage Market Review (MMR) will take place. In this post we examine what that means for you and others like you.
After the winter we’ve had, a change of season and a few days of sunshine lifts everyone’s spirits. The promise of warmer days and lighter evenings makes us look forward to other things we want to change in our lives and Spring is traditionally the most popular time of the year to move home.
Owning a home (and usually having a mortgage) is still considered by many to be the pinnacle of security. Somewhere safe for you and your family to live and grow or something to invest in that will eventually return your investment when you need it most.
Re-mortgaging sounds like a big deal. It sounds like a lot of paperwork. It sounds like something that you don’t really have the time to look into. And anyway, aren’t mortgage rates the best they’ve ever been? But your mortgage is quite often your biggest monthly expenditure so if you’re saving money on the little things then shouldn’t you be […]