CEO of Octane Capital , Jonathan Samuels, has reassured homebuyers that should start to benefit from more affordable borrowing costs following the cut to base rate at the start of August, with the average monthly mortgage payment having already fallen by £116 per month since the base rate was frozen in August of last year.
Octane Capital analysed how the monthly cost of taking out a...
The new Labour government has committed to building 370,000 homes per year, but is it realistic?
The housing crisis in the UK is a complex issue that has been building for decades. The shortage of homes has led to soaring prices, putting homeownership out of reach for many. Successive governments have pledged to address the crisis by building 300,000 homes per year and the new...
New Freedom of Information data from the Bank of England reveals that in the fourth quarter of 2023, 42% of mortgages had terms extending beyond the state pension age of 66, marking an 11% year-on-year increase. Additionally, data indicates that over the past three years, more than one million new mortgages have been issued with end dates beyond the state pension age.
‘Marathon...
Buying a house for the first time is such an exciting step in your life, but we understand it can also be quite daunting. You might wonder, where do I even start? To help you on this journey, we have created a guide to help you understand the important steps and factors to consider.
Assessing Your Financial Situation
You might want to jump straight...
With the summer season in full swing (despite the questionable British weather!) many homeowners are eager to make the most of their outdoor spaces. However, for those with small gardens, the creating a space perfect for those sunny days without it feeling too cramped can be a challenge.
Jade Oliver, Showroom Stylic at Express Bi-Folding Doors has pulled together her top 6 must-...
Award-winning interior designer and experienced e-designer Amanda Foster from Foster Decor shares with London Daily News, her top tips on making over your bedroom space so it’s full of color and sparkle. Drawing from her extensive experience and a keen eye for detail, Amanda emphasizes the importance of starting with a well-thought-out color palette. Here she teaches...