mortgages

House Repossession

Home repossessions on the decline despite rising mortgage costs

The latest market analysis from property purchasing specialist, House Buyer Bureau , reveals that since the Bank of England started raising interest rates at the end of 2021, the number of homes being repossessed by money lenders has significantly decreased, bucking the expected trend that more and more people would lose their homes as mortgage payments go up.

In December 2021, the...

More women being flagged during AML compliance checks in property industry

More women being flagged during AML compliance checks in property industry

More women being flagged during AML compliance checks in property industry

Credas Technologies, the leading anti-money laundering checks provider, has revealed that the number of female homebuyers and sellers has surged in recent years, as they now account for over half of all AML market activity seen across the industry on an annual basis.

As the leading companies when it comes to...

The Queen moves out of Buckingham Palace But it costs £3m a month in mortgage payments property

The Queen moves out of Buckingham Palace - But it will cost you £3m a month in mortgage costs to take her place

£3m a month in mortgage payments

It’s been recently reported that the Queen will not fully return to Buckingham Palace and has decided to make Windsor Castle her permanent residence as she joins many of us over the last two years in the working from home trend.

While many London homeowners also chose to sell up for greener pastures during the pandemic, this doesn’t mean that...

Mortgages

Here’s where 95% mortgages will benefit homebuyers the most

Research from national UK estate agent, Keller Williams UK , has found that the ability to secure a mortgage with a five per cent deposit should reduce the time to save by over two years for some buyers across the UK property market.

Keller Williams UK analysed the current average house price across each area of the market, what this would require for both a 15% and 5% deposit, and...

Mortgages

Mortgages fuel 70% of transactions since industry lockdown ended

Research by the leading mortgage broker for global high-net-worths, Enness Global Mortgages , has shown that mortgages have fuelled 70% of property transactions across Great Britain since the market reopened back in May of last year, after initial lockdown restrictions were imposed.

Enness analysed market data on the number of mortgage financed sales as a percentage of all sales in...

House and Calculator

With the end of SDLT holiday approaching more leaders are accepting Search Insurance

The fast approaching end of the SDLT holiday in March means that residential property lawyers are under even more pressure to complete purchases quickly.

They will be pleased to hear that major lenders Skipton Building Society and NatWest will now accept Search Insurance in place of Local Authority Searches. NatWest will temporarily accept Search Insurance for new purchases and...

Better Off

Average homebuyer now £1,050 a year better off as lending improvements set to boost buyer activity in 2026

The latest market analysis from eXp UK has revealed that the average homebuyer is now £1,050 better off per year when it comes to the cost of their mortgage, with continued improvements to the lending landscape expected to help drive stronger buyer activity through 2026.

eXp UK analysed both mortgage approval levels and the current cost of a typical mortgage to understand how buyer...

Devon Property

Buyers in Devon urged to start searching now to beat the Boxing Day bounce

START your search for a new home in Devon now and you could wrap up a move early in 2026 by getting ahead of the game.

While Boxing Day is one of the busiest days when it comes to people searching online for property to buy, with Rightmove reporting that Boxing Day 2024 was their busiest ever for new listings and traffic to their website, Edenstone Homes is encouraging buyers to act...

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