First Time Buyer mortgage applications are at a 12 year high

A decade ago we saw a record low in first time buyers applying for mortgages. Now, 10 years on, we are seeing a spike in applications. So, what is changing?  Thankfully the dreaded B word (Brexit for those who have been living under a rock for the last 2 years) does not seem to be [...]

By | March 9th, 2019|Uncategorized|0 Comments

Shortage of Homes for Sale Driving Second Charge Growth

The shortage of properties available on the market is a boon for second charge mortgages, according to brokers. Figures from the Finance and Leasing Association this week revealed that second charge mortgages are continuing to grow at a significant rate. In total, £259m of second charge loans were agreed in the second quarter of 2017, up [...]

By | August 21st, 2017|Uncategorized|0 Comments

House Price Growth Holding Steady

The average price of a home in the UK went up by nearly £2,000 to £223,000 in June, according to official figures. The annual rate of increase is running at 4.9%, down from 5% in May, while prices rose 0.8% between May and June. The Office for National Statistics (ONS) figures show the wide variation in [...]

By | August 21st, 2017|Uncategorized|0 Comments

Does Banking have a Language Problem?

Financial jargon can be tough to crack, leaving many of us in the dark. Our study of 1000 people across the UK highlights the issues with the language we call ‘banklish’. Does banking have a language problem? Seeing as people struggle to tell their AER from their APR, we decided to ask the nation its [...]

By | August 20th, 2017|Uncategorized|0 Comments
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