mortgage

Why you should take that first step onto the property ladder...

Mark Homer of Progressive Property on when to get on the property ladder

Mark Homer, co-founder of Progressive Property, explains why people thinking of stepping onto the property ladder should try to get there sooner rather than later…

Why is Help To Buy a good option for first-time buyers who want to get onto the property ladder?

Help To Buy is a great option for many first time buyers as it allows them to purchase a house or a flat, often new and with a warranty. The homes are usually complete with flooring and almost everything needed to move in (bar furniture) and you can get this in some cases with a 5% deposit. This usually means that first-time buyers need to save for much less time, therefore getting on the housing market earlier and allowing them to build equity.

The truths behind remortgaging

The truths behind remortgaging

After the 2017 Base Rate rise – and the predictions that it may rise again – many homeowners will be considering remortgaging to lock into a fixed rate. But for many, remortgaging is a tricky topic to understand. Will it actually save you money? Is it the right time to do it? Will you have to pay extra fees?

Leeds Building Society unearths the truths behind the common misconceptions.

What is Shared Ownership?

What is Shared Ownership?

Does it mean you have to share a house with someone?

“Shared Ownership is associated with a number of perceptions. For some people, the phrase might bring back mildly alarming memories of living with housemates and their accompanying clutter. For others, the idea of owning only part of a home is simply less preferable to owning all of it. Shared Ownership however, makes home ownership more accessible, not through the lending of more money like in other Help to Buy schemes, but by allowing the buyer to borrow less.”

 

Is Shared Ownership more affordable than other schemes?