Fixed rate means that your mortgage will be fixed at a specific interest rate for a certain period of time, usually anywhere between two and ten years. Watch out though, once that period ends your mortgage will revert to a higher rate. While fixed rates offer peace of mind, they do also tie you in to a certain degree.
With house prices rising so rapidly it is becoming more difficult for people to get on the housing ladder. However, there are things that you can do to give yourself a chance if doing so. It may seem that prices keep rising and that things are impossible, but if you really focus then you will
With most of the media’s attention focused on the plight of first-time buyers frozen out of the housing market due to the shortage. how certain crucial rungs of our traditional property ladder have.
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The launch of new 100 per cent mortgages for first time buyers by Lloyds Bank should in theory offer cash strapped millennials like me the opportunity to finally get on the housing ladder. However our.
Investment plan: how to get your child on the housing ladder for 230 a month Save Young people increasingly rely on parental support to buy a home.
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An expert explains what help and special schemes are available for people looking to buy their first home. As UK property prices have soared, many aspiring home-owners have had to look for new ways of buying a home. The obvious solution is to structure the funding or ownership with another party in.
With property values still on the rise, there could be a rush for first-time buyers to get on the ladder before prices spiral out of control.. housing charity shelter sent out a warning last week.
If you are really desperate to get on the housing ladder but don’t see yourself being able to get a foot on the first rung any time soon, it may be time to get creative and think of options such as living on a houseboat, converting small outbuildings (such as garages and sheds) or building a tiny house.