It’s hard to believe we’re well in to Spring, it seems like only last week we were toasting in the New Year. They say time flies when you’re having fun and it’s been an extremely busy first quarter to the year here at Number One Mortgages. This is usually a good indication of some significant changes in the property and […]
Good news for homeowners, the average house price in September rose 5.3% year-on-year, a 1% rise from October. This means existing homeowners can benefit from improved housing equity by having access to the most competitive remortgage deals. Plus the more obvious benefit of being able to sell their property for a greater profit. Mortgage affordability is helping to counter concerns over rising house prices […]
We have probably all heard about the dramatic growth in property prices across London and the commuter belt, and it’s precisely this which has spurred some City livers to reconsider their town house in favour of a better value home and more relaxed lifestyle at one of the UK’s harbor or Marina villages. The increased demand for properties in the marina areas of […]
Our very own town of Portslade has been recognised as one of the most affordable seaside spots for home buyers in the South East. Bognor, Worthing, Eastbourne and Hastings all feature too. Investors in property within Portslade will have seen an average 44.2% growth in their home value in the last 10 years. The average growth for the South East […]
Have you heard of ‘Granlords‘? Maybe not yet, but I’m sure you will soon. It’s a nickname being given to a new, emerging group of people who are making a pretty significant contribution to property prices in the UK. Because recent pension reforms have meant that anyone over the age of 55 can withdraw cash lump sums from their […]
During February a huge 61,760 mortgages were granted in England alone. This is the equivalent of the entire population of Shoreham-By-Sea! The Bank of England shows that February hit a 6 month high in mortgage approvals, the highest figure since August 2014. Source: BBC So what does this mean for the market? More buyers means more demand and more demand […]
Down here we’ve known for ages that the South coast is the place to be, but it seems like our friends in the capital are catching on. Demand for properties in some of the more expensive boroughs in London are at last (some might say) starting to stagnate as high property prices are pushing people out.
Last week I was spreading the word about the amazing mortgage deals that are out there at the moment, and how re-mortgaging is frequently a NO-BRAINER. Read ‘A Word on Remortgaging’ Blog here. This week I want to tell you how you could use additional funds (if you remortgage to raise the money it may actually not end up […]
Mortgages look set to be even more competitive in 2015 than they were last year. A combination of factors such as low inflation, no imminent rise in interest rates and a ‘hunger’ from lenders to build new business has resulted in some very low rates, even on longer term fixed deals.
Predictions are varied, but all seem to be hinting that property prices are still on the rise. Property prices have been a hot topic in the press over the last few weeks following a very lively 2014. During last year we saw double digit growth in the summer, somewhat unexpectedly, and a very healthy rate of growth overall. But what can we […]