by Steve | Apr 30, 2021 | Mortgages
After being announced earlier this year as part of the chancellor’s budget, low deposit mortgages are now officially available to help first-time buyers get their hands on a property. The idea is simple enough – instead of being asked to find 10% (or potentially...
by Steve | Feb 6, 2019 | Mortgages, News, Personal Finance
Getting a mortgage can often reduce monthly outgoings significantly when compared with paying monthly rent on a similar property. And unlike rent, the money you’re paying is actually helping you to acquire a valuable asset. It’s no wonder that climbing the...
by Steve | Jul 14, 2017 | Credit Cards, Debt, Loans, Mortgages, News, Personal Finance
Lenders have been warned by the banking sector’s watchdog to stay vigilant after highlighting the possibilities of another credit crunch. The Bank of England’s Prudential Regulation Authority (PRA) reviewed the stability of all forms of consumer credit,...
by Steve | May 3, 2017 | Credit Cards, Debt, Loans, Mortgages, News, Personal Finance, Property
Consumer lending is slowing down, from a 10-year-high of 7.2% last October to 6.1% this March. That’s the verdict from the British Bankers Association (BBA). March’s lending figure is also down compared to February’s 6.5%, with those seeking credit cards...
by Steve | Feb 28, 2017 | Credit Cards, Debt, Mortgages, Personal Finance
How good is your credit rating? That’s an individual score given to you to help lenders understand whether they should lend to you, and if so, it helps determine the amount they’ll give you.Your entire credit rating is founded on – unsurprisingly – your...
by Colin | Nov 28, 2015 | Mortgages
Irish industry lobby group Property Industry Ireland (PII) have released a statistics showing that ending September 2015, first-time buyers in Ireland on average had a mortgage of €172,000. The figure means that first-time buyers are now having to take out a mortgage...