Month: February 2019

No Change in Bank of England Base Rate

With Brexit looming, the housing market is showing signs of strain at the uncertainty of whether the country will leave with or without a deal.   Whilst this is something that only offers a ‘wait and see’ approach to most of us, there is some positive news. For those on standard variable rate or tracker mortgages because this month the Bank of England have left the Base Rate unchanged meaning the there will be no imminent rise on the repayments of those whose repayments echo the Base Rate.   This decision coincides with the announcement that the Bank also forecasts ... Read more

100% Mortgage Offered by Lloyds

There is great news for First Time Buyers that are trying to get on the property ladder but haven’t managed to save a deposit to be able to put down against a property.   This great new product has recently been unveiled by Lloyds and is available to those who meet their lending criteria and have the backing of family to be able to assist with the mortgage.   The new deal referred to as the ‘Lend a Hand’ deal will offer First Time Buyers the chance to purchase their new home and borrow up to £500,000 without the need ... Read more