Choosing Your Mortgage – A Short Guide for First Time Buyers

By Datography Ltd published on 31/01/2018  

At first glance you might be overwhelmed by the number of mortgage deals available. However, basically there are only two types of mortgage you need to consider, and they are fixed rate or variable mortgages.A fixed rate mortgage is usually set for a certain period. Many first-time buyers will be offered fixed rates between a period of 1 and 5 years, although longer periods are available from some Tags: Mortgage, Choices, First-Time Buyers

The Land Registry and Why Conveyancers Use It

By Datography Ltd published on 03/01/2018  

HM Land Registry was founded in 1862. They work from 14 different locations throughout England and Wales. They deal with the ownership of land and property and they hold the details of over 25 million registered titles in England and Wales.Their responsibilities include providing a plan of land or property to indicate boundaries together with a government backed guarantee of land title.Anyone who Tags: Land Registry, Conveyancers, New Owner, Mortgage
On the 2nd November the bank rate was increased from 0.25% to 0.5% and its now assumed that institutions which lend money for mortgages will do the same and increase their rates too.This rise is the first in almost a decade, so many buyers will have grown used to low rates and never experienced a rate change in all the time they have had a mortgage. The change now is only slight. If you have an av Tags: Banks, Increased, Rates, Mortgage
First-time buyers are finding it more and more difficult to save up a decent deposit and get a mortgage. This is because with the rise of house prices you need a much larger deposit than your parents did when they first bought their home.If you are saving to buy your first home then you will need to save at least 5% of the price. You will get a much better mortgage deal if you can put down 10% or Tags: Help To Buy, First Time Buyers, Mortgage, Loan, Money, Stamp Duty, Costs