Major university states that Japanese Knotweed does no more damage than trees http://www.mortgagesolutions.co.uk/news/2018/07/10/lenders-urged-overhaul-japanese-knotweed-policies-research-discovers-limited-structural-impact/?utm_source=customsell&utm_medium=email&utm_campaign=msol-house-advert-mai-first-send-1007-1531216353 The research confirms that banks need to drop the silly notion that this plant will cause major structural damage to a home that they have a mortgage on. Lets hope the lenders will change
This is a must read for all http://www.mortgagesolutions.co.uk/news/2018/07/09/one-seven-homeowners-expect-mortgage-70/?utm_source=customsell&utm_medium=email&utm_campaign=msol-house-advert-mai-first-send-0907-1531129070 1 in 4 of us can expect to be paying for a mortgage after we retire. This is a scary prospect as most of us will be earning much less than we currently earn while working. What about people who rent??? I think it would be foolish for us to think that the Government will provided enough benefits
Interested in online estate agency? Read this https://www.mortgagestrategy.co.uk/purplebricks-announces-further-losses-despite-revenue-growth/ Looks like Purple brick could be the next Amazon or could be another tragic on line business that could not pull a profit with cheap fee DIY estate agency. Time will tell.
This is interesting http://www.mortgagesolutions.co.uk/news/2018/07/02/7000-estate-agents-financially-struggling-study-shows/?utm_source=customsell&utm_medium=email&utm_campaign=msol-house-advert-mai-1530526514 More than 7000 estate agents are in fear of FINANCIAL DISTRESS with two majors issuing low profit warnings to there share holders. Looks like on-line estate agency is taking a much bigger bite of the ever shrinking housing market. Could this be the end of the smooth talking, Gucci suit, Doice &
Please read this article http://www.mortgagesolutions.co.uk/news/2018/06/25/mortgage-lenders-quietly-relaxing-criteria-brokers-say/?utm_source=customsell&utm_medium=email&utm_campaign=msol-editorial-2506-first-send-1529920650 Excellent! Lenders are loosing up there criteria but, it does not mean that they are lending like they did before the credit crunch. They are allowing you to borrow a little more based on your income and some are small building societies are falling in line with other financial
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I completed an article saying that First Time Buyers have less of a chance of home ownership than their counter parts from 20-30 years ago. See article here https://www.mortgagestrategy.co.uk/ifs-damns-young-adults-homeownership-chances/ It is the first article that I have read stating the truth as to the reason why. Most article that I have read are showing the divide between the static income vs increase price argument but, this one stated the real problem. The real problem is regulation. 20 years ago,
I have completed an article about a lending slump during December 2017. Read here https://www.mortgagestrategy.co.uk/mortgage-lending-slump-december-bank-england/ I would agree about a lending slump but not in December, as our figure show that we did more business leading up to Christmas than we had over the last 5 years. January, on the other hand, has been very quiet for most of the businesses in our industry. Maybe Scotland is one month behind the trend in England, but it is interesting contras.
I have finished an article on how over 55 are now doing equity release mortgages in large number. Higher than ever before. Read Here http://www.telegraph.co.uk/personal-banking/mortgages/babyboomers-release-cash-homes-record-numbers/ This is understandable because since 2009 there is very little incentive to save and people have gotten use to spending. The only cash available is the equity in their homes. This will work for our over 55’s generation but what about the next? I fear that future
I just finished reading an article about how the mortgage fixed rate products are being kept low because of a sluggish housing market. Read here if you are interested. http://www.telegraph.co.uk/personal-banking/mortgages/sluggish-housing-market-keeps-mortgage-rates-rock-bottom-even/ It amazes me on the flip flog news article I am seeing of late. One article stating that rates are going up and expect doom and gloom and then others saying how the rate will stay low. I know everyone has an opinion, but these are