banks

banks

Mortgages: interest-only deals a ‘ticking time bomb’ for one million homeowners

04 September, 20150 Comments
In a report on The Independent, Citizens Advice are calling interest-only mortgages a ‘ticking time bomb’ after nearly a million UK homeowners are found to have no way to pay off the money they owe. An interest-only mortgage gives the borrower cheaper monthly payments as they only pay the interest on their home each month;
Read more

Accurate tenant referencing and landlord communication is the way forward

03 February, 20140 Comments
With the impending welfare reform via Universal Credit, legislation to tackle illegal immigration, more landlord Licensing schemes being implemented and stories such as Landlord Fergus Wilson’s recently hitting the headlines; landlords and letting agents need to realise the severe implications if they continue to go about their business without the means of accurate and thorough
Read more

Could the Help to Buy Scheme cause a bubble? Do you care?

04 October, 20130 Comments
Help to Buy is a government scheme that aims to make getting on to, or moving up, the housing ladder more accessible to existing home owners and first time buyers by purchasing a home with as little as a 5% deposit.  Using Help to Buy there are two ways to purchase a property, up to
Read more

New Stimulus Packages Announced.

15 June, 20121 Comments
In his annual Mansion House policy speech yesterday Mervyn King, Governor of The Bank of England, announced that more than £100 billion pounds will be injected into the UK’s struggling economy, in response to the worsening economic outlook. Working alongside the government, The Bank Of England will provide billions of pounds of cheap long-term funding to
Read more