BANK RATE CHANGE
On 2 November 2017, the Bank of England announced that the Bank Base Rate would increase with immediate effective from 0.25% to 0.50%.
Buying a home can be a complex process, especially if you’re not sure on the best way forward for your situation. Our Homebuyer guides and articles will help to provide you with the key information you need about interest rates, finding the best mortgage deal and other aspects of the homebuying journey.
Our 2017 first time buyers report aims to update and further the understanding, of potential first-time buyers (i.e non-homeowners who have never owned a property), of the perceptions, aspirations and expectations surrounding home ownership amongst young adults living in the UK.
Our new affordability map shows some major differences in housing affordability across Britain since the start of the economic downturn.
We all know that buying yourself a home will probably be the biggest purchase you will ever make. Just like any big decision, it pays to put some preparation in before making your first move.
When you’ve made the decision that you’d like to buy a new home, one of the trickiest aspects of the process to understand is interest rates and how these affect how much you have to pay for a mortgage.
Buying your first home is often the biggest financial commitment you make and can also be the most difficult.