Savings: Help to Buy ISA providers named

Help to Buy ISA providers namedThe banks and building societies that are set to offer the Government’s new Help to Buy ISA (Individual Savings Account) have been named. The Help to Buy ISA was announced by George Osborne later this year and is designed to help first-time buyers save enough money for a house deposit. Figures show that the average purchase price paid by a first time buyer is £211,000, with an average deposit of 19% needed. How will the Help to Buy ISA work? First time buyers who take out a Help ...

Housing & Mortgage round up: Mortgage fees on the rise, whilst borrowers are left exposed

Housing & mortgage round up_istockphotoNo house price surveys to report this week, instead we focus on news that mortgage arrangement fees are on the rise, whilst a lack of savings is leaving millions of mortgage borrowers hugely exposed if they lose their job. We also bring you research which goes someway to dispel the myth that first time buyers rely on the bank of mum and dad for their mortgage deposit. Mortgage fees on the rise Despite interest ...

Housing & mortgage round up: House prices unchanged, NewBuy off to a slow start

Housing & mortgage round upA packed week of housing news, with the Land Registry publishing their house price data for August. In other news the Bank of England has published figures to show that mortgage availability has hit a five year high, whilst the full economic effect of the lack of first time buyer mortgages is revealed in new research. Finally, the NewBuy Scheme’s slow start is confirmed. House prices unchanged in August Land Registry figures show that house prices were unchanged in August compared ...

Financial makeover: 6 tips for your personal finances

6 tips for your personal finances Many of us feel that our personal finances could do with some attention, but where to start? What’s most important? Which areas of your finances need a makeover? Based on the clients we see and the enquiries we get, we’ve put together a list of six tips to help you improve your personal finances. We’d love to hear your thoughts, please leave any comments as well as your own financial tips at the bottom of this article. 1.    Standard Variable Rate ...