Recently released data reveals homeowners are switching to record low fixed mortgage rates in a bid to take advantage of the ongoing price war between lenders and the increased equity available on their homes. The firm Legal Marketing Services have divulged the fact that the amount of remortgage loans increased to 26,756 in January, which is 20% more than December 2014. However, this is a figure 7% lower than in January 2014.
UK Consumer Prices Index Inflation went down to 0.3% in January 2015, the lowest rate it has been at since the Office for National Statistics began gathering the data in 1989. This means it has fallen by 0.2% since December of last year. The figures are concomitant with the Bank of England forecasting that the UK is heading for deflation in the spring.
Yes spring is just around the corner and thankfully the sun has blessed us with the odd appearance here and there, but the chill factor is very much still with us. It’s on cold days like these that many of us just can’t facing venturing out – enter the world of home cinema at its finest!
Although we won’t attempt to answer the above question, we know a man who will! Tonight sees the launch of Channel 4’s latest property offering giving advice to people whose housing investments are less than lucrative.
According to the latest Cities Outlook report, a number of key locations have been highlighted for positive job growth. With more and more individuals choosing to relocate to boost their employment prospects, we take a look at a selection of top rental homes in these key regions.
According to the Bank of England, there has never been a better time to be looking to borrow for a home loan. In fact, the interest rates offered on savings accounts at the moment, which themselves are low, are still greater than the rates offered on the best fixed-rate mortgages.