We became homeowners 12000 years ago

This a good article that talks about increased house prices and the need to look way back into our pass https://www.telegraph.co.uk/personal-banking/mortgages/humans-became-homeowners-12000-years-ago-time-return-nomadic/ read more

Is it hard to get a mortgage from a bank?

Planning to buy a home, or switch your existing mortgage? Prepare to answer a litany of questions, spend hours at the bank and endure forensic analysis of your daily spending habits. Even after jumping through all those hoops, success is not guaranteed, as there are now strict affordability rules that force lenders to ensure borrowers will be able to afford to pay their mortgage in the future. The main bulk of the current rules surrounding lending came into force in 2014 through the Mortgage Market Review, which read more

The lenders avoiding bank statements

This is a good article and is worth reading http://www.mortgagesolutions.co.uk/news/2018/08/09/lenders-avoiding-bank-statements-mortgage-applicants/?utm_source=customsell&utm_medium=email&utm_campaign=msol-house-advert-second-send-0908-1533815107 If you want to know who, please give us a call 01698 283 301 read more

Oxford Economics state Its is going to be harder for BOE to justify future rate increases

This is a good article http://www.mortgagesolutions.co.uk/news/2018/08/03/harder-bank-england-justify-rate-rises-oxford-economics/?utm_source=customsell&utm_medium=email&utm_campaign=msol-house-advert-second-send-0308-1533298246 Experts say that the Bank of England will have a hard time justifying future increases in the lending rate using the current economic condition.s read more

State loans for First time Buyers

This article goes on to say that the government should provide state loans so young people do not need to rent. https://www.theguardian.com/society/2018/jul/29/housing-renting-mortgages-loans-home-ownership-first-time-buyers?CMP=fb_gu The purposely seems to run in the same manor as student loans. I am not sure if this is a good idea. Where is the government getting the money? read more

First time buyers outstrip home movers since 1995

This is a good article. http://www.financialreporter.co.uk/finance-news/first-time-buyers-outstrip-homemovers-for-first-time-since-1995.html I have noticed that home movers are reluctant to move until they have found the perfect home. In the past they would list there property and then go find a new house. Not anymore. This makes for a shortage in the house market. Perhaps people are choosing to stay put. read more

FCA preparing for risk of NO-DEAL BREXIT

This article (please read) states that it will be business as usual for all financial intuition to conduct transaction if we have a hard line approach with leaving the EU. http://www.financialreporter.co.uk/finance-news/fca-preparing-for-cliff-edge-risks-of-no-deal-brexit.html read more

Expert says “Bank of England base rate unlikely to raise over 2%”

Sir John Cunliffe stated that the Bank of England base could be below 2% for the next 30 years. http://www.mortgagesolutions.co.uk/news/2018/07/13/bank-england-base-rate-stay-2-30-years/?utm_source=customsell&utm_medium=email&utm_campaign=msol-mai-house-ad-1307-1531495622 Could this be true? With the amount of debit people are accumulating it makes since to keep rates low in order to avoid a financial collapse but what happens when the debit becomes to overwhelming? Something to ponder read more