For many council tenants in England, the dream of owning their home is closer than they might think, thanks to the Right-to-Buy scheme. Introduced in the 1980s under the Housing Act, this government initiative allows eligible tenants to purchase their council home at...
Understanding Interest Rates and Loan Terms Through Calculators
Navigating the world of loans in the UK can feel overwhelming, especially when faced with various finance options and complex interest calculations. Fortunately, loan calculators are available for different options such as secured loans, bridging loans, development...
Understanding Martin Lewis’ Advice on Various Loans
Understanding Martin Lewis' Advice on Various Loans In the world of personal finance, understanding the nuances of different loan types is crucial for making informed decisions. Martin Lewis, a renowned financial expert and consumer champion, offers invaluable advice...
What is Meant by Development Finance?
The term "development finance" holds a crucial place in the finance sector. But what exactly is meant by development finance? In this blog post, we'll unravel the intricacies of development finance, exploring its meaning and purpose and how it plays a pivotal role in...
Which Banks Offer a Bridging Loan?
Bridging Loans: navigating the maze of lenders in the UK In the dynamic world of property finance, bridging loans have emerged as a crucial tool for individuals and businesses seeking short-term funding solutions. These specialised loans provide temporary financial...
Bridging Loan for Fast Home Purchases
Having found your perfect home at a price you can afford, you suddenly find yourself in a major race against time. Given the attractiveness of the property and its price, it’s highly unlikely you are the only interested buyer. This is where the limitations and...
Three Trends Set to Influence the Housing Market in 2023
Whether average property prices will fall by 10% or see further growth in 2023 remains to be seen. Depending on whom you ask, the next 12 months could see just about any eventuality become a reality for the UK housing market. But what is safe to say is that when...
Average UK Five-Year Mortgage Rate Falls Below 6%
In what could prove welcome news for at least some prospective borrowers, average interest rates on five-year fixed mortgage deals have fallen below 6%. This is the first time average rates have dipped below 6% since Kwasi Kwarteng’s catastrophic mini budget two...