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Month: January 2022

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A Busy Start to 2022!

25 January 2022

If you’re considering selling your home, the good news is that the market momentum that we saw throughout 2021 is already continuing into the first weeks of this year. According to Rightmove, home-movers have been quick off the mark to get their property valuations booked in. The portal reported its busiest ever Boxing Day for […]

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First-Time-Buyer? A Better Year Ahead

12 January 2022

According to the latest figures from Aldermore, 2021 was a difficult year for many first-time-buyers as they saw their mortgage applications rejected by banks and building societies. In fact, 75% of first-time-buyers saw their application rejected last year compared to 62% in 2020. There are several reasons this is happening and the most common reasons […]

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Mortgage Affordability Likely to Improve

12 January 2022

The Bank of England has revealed plans to relax the current mortgage affordability rules, making it easier for first-time-buyers to secure lending. The Bank’s Financial Policy Committee (FPC) has decided this affordability rule is no longer necessary. The current rule that means borrowers are required to prove that they can repay their mortgage each month […]

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Deadline for New Fire and Smoke Alarms Looms

03 January 2022

Scottish legislation has changed whereby all homes in Scotland must have interlinked Fire and Smoke alarms installed along with an adequate Carbon Monoxide Detector by February 1st, 2022. The new law was due to come into force in 2021 but its implementation has been delayed by a year due to the pandemic. This legislative change […]

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