Thursday, October 20, 2022

Top rated tips to make your home more efficient and save £££

Households are facing soaring costs as the energy price cap increases once more this year. The average price of electricity per unit has almost doubled, going up from 28p per kWh to 52p per kWh, further bringing up living costs for UK citizens. As much as we can’t escape the rising costs of gas and...

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Thursday, October 13, 2022

95% Mortgages due to be extended? Here is what you need to know

Last week, Chancellor Kwasi Kwarteng attended a meeting with senior executives of major mortgage lenders where they discussed extending the Mortgage Guarantee Scheme, which gave first-time homebuyers an opportunity to purchase their first property with a 95% loan-to-value ratio.

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Monday, October 10, 2022

12 Surprising ways to reduce your energy use at home

If you are trying to cut down on energy use at home - you’re not the only one. It is estimated that almost 24 million people have attempted to cut their energy use between March and June, according to the latest office for national statistics report.  As we’re heading into the cold winter...

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Wednesday, October 5, 2022

How recent interest rates rise will impact the remortgage process

The UK economy continues to fall into recession as costs of living soar. In order to tackle inflation, The Bank of England have once again raised their base rate. September 2022, has seen the 7th consecutive rate hike this year, as the base rate increased by an additional 0.5%, bringing it up to...

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Friday, September 30, 2022

How the new stamp duty cut will affect homebuyers

First-time buyers will no longer have to pay stamp duty on properties up to £425,000, making property buying slightly more affordable for those aspiring to own their first home. Properties valued at up to £250,000 will also now be tax-free for those wishing to purchase a second home.

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Thursday, September 29, 2022

Mortgage Propeller on Recent Mortgage Product Withdrawal

Our CEO Matt McAllister and Senior Ops Director Laura Gorman give some insight into the recent withdrawal of mortgage products across the industry. Find out what is going on and how these changes will affect your mortgage application, as well as the best steps to take forward.

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