5 factors that will affect housing in 2018
It’s time to gaze at the crystal ball and make predictions for the housing market in 2018. So what do we think are the
big factors that could affect homeowners, first-time buyers, and property investors this year?
Rates - Interest rates have become a hot topic after the Bank of England’s Monetary Po…
Do you know what your credit score is?
Credit scores are used by lenders to decide how creditworthy you are. Your credit score can affect your ability to borrow money or access products such as bank accounts and credit cards. There's no universal credit score or credit rating - different lenders and credit reference agencies score people…
£2m prize offered for rent check solution
A competition to develop a solution to record rental payments on credit histories has been launched by the Government, with a £2 million prize going to the winning technology firm. The competition was announced in the 2017 budget, as a part of the Government’s strategy to help more people onto the h…
What next for interest rates?
Now that the Bank of England has finally increased base rate back to its pre-referendum level of 0.5%, many UK borrowers are looking at their finances and considering how this might affect them. The move has raised some big questions for borrowers, least of all the possibility of another rise in the…
Give the gift of a deposit this Christmas
What is a gifted deposit?
A gifted deposit is a sum of money that is given by somebody, usually a family member, which forms all or part of a deposit for someone buying a property.
What do you need to know?
- It is important to remember that if you gift a deposit, it is just that, a gift. This …