House prices in UK hit a new record high of £225,109 last month

New report by Halifax claims house prices in the UK rose by 4% in the three months up to September. The price of a house in the UK rose at the fastest rate in eight months in September, as home buyers apparently shrugged off the current Brexit uncertainty and warnings of a consumer spending slowdown… Read more »

Top 10 reasons landlords make claims on their home insurance

If you are a homeowner, getting the right home insurance is fairly straightforward – you just have the choice of buildings cover, contents cover, or both. For landlords though, things can get a bit more complicated and may require more specialist cover to make sure you are protected for every eventuality. Recent research by landlord… Read more »

Home insurance during exchange of contracts – what you need to know

the house – but the home is not technically yours yet as you wait for other aspects to be confirmed (conveyancing etc…) However, it is very important that there is at least a buildings insurance policy in place at this stage, just to offer protection in case something disastrous happened. If you need short term… Read more »

The best online mortgage brokers 2017

For most of us, taking out a mortgage to buy a house will the biggest and most important financial transaction we ever make. So it’s surprising that, even in this day and age, the whole process can seem clumsy and frustratingly slow. Despite all the technology now available to us, getting a mortgage is still… Read more »

What is the average cost of home insurance?

The average annual premium cost for buildings insurance is £263 per year – or £21.91 per month. For contents insurance, the average cost is £135 per year – or £11.25 per month. All of these new average UK house insurance costs are from the first quarter of 2017. The ABI’s report into house insurance costs… Read more »

How do mortgages work? A complete guide to mortgages and how to get one

Fixed rate? Tracker? Interest only? 25 years or 30 years? Getting a mortgage can be a minefield, with important decisions to make at each turn. Our complete guide to how mortgages work is here to simplify the process for you… With the price of houses being so high, the vast majority of us will never… Read more »

What is a tracker mortgage and is it right for you?

There are many types of mortgage available to buyers and making sense of what type suits your situation best can be tricky. Here we explore what a tracker mortgage actually is, how it is different from other types of mortgage and whether it is the best option for you. What is a tracker mortgage? A… Read more »

Is tenancy insurance a valid alternative to the six-week deposit?

A new app has been developed to offer an alternative to the refundable six-week tenancy deposit normally required when you rent a home. Moving home is one of the most stressful and expensive events you can go through, and to add to the misery, many tenants also have to go through the strain of scraping… Read more »

What is a Mortgage in Principle, and do you need one?

The first thing to consider when you start to think about buying a house is how much you can afford to spend, or to put it another way – how much of a mortgage you can borrow. Unfortunately, there’s no quick and easy way to work this out. You may have seen all the mortgage… Read more »