The complete guide for first-time buyers

Buying your first home can seem complicated. There’s a lot to think about and it’s a huge milestone. If you’re perplexed by the jargon or aren’t sure where to start, this guide will take you through the process and offer tips to help you become a homeowner.

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Houses near an Amazon warehouse see a boost to their value, says new research

an Amazon package on a conveyor belt in an Amazon warehouseLocal house prices can experience a boost from the arrival of an Amazon warehouse, according to new research.

A study conducted by Opinium on behalf of Paragon Bank found that, on average, towns around the UK saw an average 11% rise in house prices in the year after the warehouses – also known as “Amazon fulfilment centres” – opened. Continue reading

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The top 5 most in-demand property hotspots in towns and suburbs

aerial shot of houses in Falkirk, ScotlandTwo notable things have happened to the UK property market over the past 18 months since that first lockdown in March 2020: Continue reading

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Is overpaying your mortgage the right choice for you? The pros and cons

young couple shake hands with mortgage brokerWith the world almost grinding to a halt over the last 18 months and national lockdowns keeping everyone in their homes, many Brits have managed to save a little extra money. Continue reading

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The 5 best university towns and cities for buy-to-let properties in the UK

the campus of the University of Dundee

University towns and cities can make ideal places for buy-to-let (BTL) properties.

According to figures from the House of Commons, there were 2.46 million students attending higher education institutions during the 2019/20 academic year. Continue reading

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UK high street banks launch their lowest fixed-rate mortgage deals ever

the HSBC bank branch in Edinburgh

Mortgage rates have dropped steadily throughout 2021, as lenders have battled for customers in a tough, low-interest environment.

The first sub-1% deals started appearing in June, with HSBC introducing a 0.99% two-year fixed-rate deal  for the first time since 2016. Nationwide also started offering the same rate on their two-year fixed deal. Continue reading

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Five years on, how has Brexit impacted the UK property market?

three European Union flags outside of the European Parliament in Brussels

It’s been more than five years since the UK decided to leave the EU, confirmed by the referendum held on 23 June 2016.

In the last five years, the Brexit debate has rattled on, as debates over “hard”, “soft”, or “no-deal” Brexit, and constant conversations about the Irish backstop extended the saga ever further. Continue reading

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Do Scottish house prices near a Waitrose really outperform those further away?

the front of the Waitrose store in Edinburgh

It’s become common folklore that house prices near a Waitrose outperform those further away.

The claim comes from a 2016 Lloyds Banking Group study, which coined the phrase the “Waitrose effect” for the mysterious rise in house prices in the vicinity of the supermarket. Continue reading

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3 important reasons first-time buyers should always use a mortgage broker

A young husband lifts his wife in their new home surrounded by cardboard moving boxes

Mortgage brokers have become even more important to first-time buyers over the past year, according to figures published in the FT Adviser in May.

Half of all first-time buyers used a mortgage broker over the year from March 2020 to March 2021. Of those who used a broker, 98% described their services as “useful”. Continue reading

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Why the impact of inflation might mean your mortgage costs you more

sign with “Bank of England” and bank’s insignia in gold letters on black background

Inflation reached 2.5% in June, as a reopened UK economy saw a spending boom across restaurants, bars, and leisure activities.

While this may feel like a far-off issue for you, inflation can have a tangible impact on your personal finances – and, in particular, it could ultimately mean your mortgage repayments become more expensive. Continue reading

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