Equity Release growth trend continues
The equity release market continues to return to growth, with £615m unlocked in Q3 alone. Average loan sizes rose, reflecting increased confidence among homeowners over 50. Equity release offers financial flexibility but requires careful consideration of personal circumstances
Budget news for the housing market
Taxation may have dominated the #AutumnBudget2024, but the fiscal event did include some announcements that will impact homeowners, buyers and sellers. Read more about the key changes…
Housing sales set to stay high after a robust year end
UK housing sales soared in 2024, driven by easing mortgage rates and strong first-time buyer activity. Modest price growth varied regionally. Stamp Duty relief expiring in March 2025 may spur early transactions before slowing later in the year
Critical illness cover – don’t bury your head in the sand
Nobody wants to think about suffering from a life-changing illness but getting the right protection in place now can provide peace of mind. Critical illness cover pays out a lump sum to help you financially in this difficult situation
Northern mortgage hotspots
Economic growth figures released over the summer generally proved stronger than analysts had expected. Global growth for the whole of 2024 is now likely to be 3.2% and 3.3% in 2025 – a healthy pace of growth after a difficult few years
Less is more? Smaller homes surge
Remember the ‘race for space’? At the height of pandemic pandemonium, many homeowners were plotting to move out of cities in search of bigger homes.
Longer mortgage terms affect retirement plans
Most of us think our retirement years will be a time to unwind after decades of hard work, but for an increasing number of mortgage holders, this peaceful vision is slipping away.
Do FTBs know the support available to them?
Many FTBs lack awareness of affordable schemes like Shared Ownership, despite its benefits. Shared Ownership offers lower deposits by allowing buyers to purchase property shares. To afford homes, many young Londoners work more and rely on financial support from parents
Significant gains for UK homeowners over two decades
Over the past 20 years, UK properties have increased in value by an average of £80,000. High-demand areas like the Cotswolds and South East saw the most significant gains, driven by location, infrastructure, and lifestyle changes, highlighting market resilience
Equity Release growth trend continues
The equity release market continues to return to growth, with £615m unlocked in Q3 alone. Average loan sizes rose, reflecting increased confidence among homeowners over 50. Equity release offers financial flexibility but requires careful consideration of personal circumstances