First Time Buyer Archives - Fife Properties
Fife Properties

FIFE PROPERTY MARKET UPDATE – 23rd – 29th Oct 2022 (Watch/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–23rd–29th-Oct-2022-e1pvsua

 

Weekly round up on what’s driving the Fife Property market including a look at recent listings, sales and coming soon:

Article, Podcast and TV Show written and produced this week are:

 

Continue reading FIFE PROPERTY MARKET UPDATE – 23rd – 29th Oct 2022 (Watch/Listen)

Mortgage Market Update with Neil Bird of Cara Mortgages (Watch/Listen)

 

 

PODCAST: https://spotifyanchor-web.app.link/e/KyWMaqk2zub

 

GOOD NEWS!!!

 

I know it’s been a while, but this week has definitely seen some good news in the mortgage market!!!

 

Since Luz Truss’s resignation the money markets have started to calm a little and number of the lenders that had withdrawn from the market have returned.

 

But even better, over the last couple of days some of the big high street lenders have actually reduced theirs rates slightly for the first time in many months, with more to follow!!!

 

Other lenders have started bringing back more of their product ranges, and a least one large BTL lender has just reduced it’s rental calculation stress rates, making it easier for property investors to get the funding they need.

 

Obviously, there is a lot of talk about another Bank of England Base Rate rise next month, but with the mortgage market stabilising and improving after weeks of uncertainty and chaos, now might just be the perfect time to lock in that fixed rate you’ve been thinking about.

 

Expert advice is more important than ever, so please feel free to get in touch with Neil Bird for a chat.

 

Call: 07730 511350

Email: neilb@carams.co.uk

Facebook: https://www.facebook.com/NBMortgageAdviser/

 

 

 

 

Has Buy-to-Let Changed the Fife Property Market? (Watch/read/listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/Has-Buy-to-Let-Changed-the-Fife-Property-Market-e19bde8

 

The ‘Buy-to-Let’ (BTL) mortgage is celebrating its Silver Anniversary (25 years) this autumn.

 

Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer BTL mortgages has changed the face of the Fife (and national) property market? Continue reading Has Buy-to-Let Changed the Fife Property Market? (Watch/read/listen)

Fife Properties TV (S1 EP 9) Fife First-time Buyers are Being Locked Out of the Fife Property Market

Host Jim Parker is joined by Andrea Stanford and Richard Cook to discuss this week’s news in the Fife Property Market while answering questions live on their show every Saturday morning @ 9.30am. Link to today’s article: Continue reading Fife Properties TV (S1 EP 9) Fife First-time Buyers are Being Locked Out of the Fife Property Market

As Fife First-time Buyers are Being Locked Out of the Fife Property Market – Rents Have Risen by 2.8% (3 min read)

With the banks reducing the number of low deposit mortgages (i.e. deposit of 10% and below) since Covid-19 hit in the spring, this has meant that the number of Fife first-time buyers has been decreasing quickly, meaning many of those would-be Fife buyers wanting to make the first step on the Fife property ladder are having to stay in the Fife rental sector. Continue reading As Fife First-time Buyers are Being Locked Out of the Fife Property Market – Rents Have Risen by 2.8% (3 min read)

How Do You Save For a House Deposit?

For most of us, the most expensive thing that we ever purchase will be a property, and the prospect of saving for that all-important deposit can be rather daunting. However, the key to saving for that lump sum is simply good financial preparation and making a few changes to your outgoings which should reap big rewards. Take a look through our handy hints and tips and you’ll be in that new home in no time.

Continue reading How Do You Save For a House Deposit?

A First-Time Buyer’s Guide To Making An Offer

If you’re a first-time buyer and have begun the hunt for your first home, you may think that once you’ve found the right one you simply offer what they ask for; job done! However, when it comes to making an offer on a home, there’s a bit more work that should go into it than simply offering the price advertised.

You need to be confident when making an offer that you’re not going to be stung by an inflated asking price or take yourself out of the running by offering too low. To help you prepare, we’ve put together the following information to help you through this stage of the home buying process.

Continue reading A First-Time Buyer’s Guide To Making An Offer

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