After a slump in the housing market following the coronavirus pandemic, a new stamp duty holiday has been announced. It helps buyers by increasing the normal threshold for stamp duty from £125,000 to £500,000. Rishi Sunak, Chancellor of the Exchequer,…
As a first-time buyer, you may be finding it hard to get a foot on the property ladder in such a competitive market with high prices. Have you considered buying a property at auction? You might have been put off,…
A bridging loan provides you with short-term finance when you’re purchasing a property. As its name suggests, it bridges the gap when you’re ready to make the purchase but are waiting to secure alternative finance, such as a mortgage or…
Online auctions, just like traditional ones, provide a fast and transparent transaction without the risk of losing the property before completion. They are open 24/7 for you to place bids on available lots. Unlike in-house auctions, they provide a platform…
If you’re self-employed and your business has taken a hit due to the coronavirus crisis, don’t worry. The government has stepped in with various ways to help boost your finances whether you’re still working or have had to temporarily place…
As a result of the coronavirus pandemic, your workplace might have had to close temporarily with your employer placing you on furlough or you may be working from home with reduced hours. At an already stressful time, having a reduced…
There’s no doubt about it, the buy-to-let market has been hit hard by the coronavirus crisis. From the withdrawal of mortgage products to mortgage applications being stopped midway and from increased interest rates to mortgage payments being affected by tenants’…
With the lockdown measures in place, you may be worried that the coronavirus crisis has scuppered your plans for buying a property. But while the whole process will be delayed, systems have quickly been put in place to ensure your…
With the financial impact caused by the COVID-19 lockdown, you may be considering a remortgage to help ease the strain during this period. As your mortgage payment is likely to be your biggest outgoing each month, a remortgage is a…
With the lockdown continuing in light of the coronavirus pandemic, you may find yourself under increasing financial strain and wondering whether it’s time to take a mortgage payment holiday. But what exactly is this, how does it work, how do…