The GDPR is Europe’s new framework for data protection laws – it replaces the previous 1995 data protection directive, which current UK law is based upon. The EU’s GDPR website says the legislation is designed to “harmonise” data privacy laws across Europe as well as give greater protection and rights to individuals. Within the GDPR […]
As I am sure you are already aware, the changes in Stamp Duty Legislation came into force on the 1st April, 2016 affecting additional Stamp Duty charges on the purchase of a second home. Did you complete the purchase on your current property in March 2016? Many homeowners and landlords will be due for a […]
Many of you may be unaware at the moment that you’re currently paying a mortgage on a standard variable rate. Further to this, you may be aware that there has been an increase in the base rate on mortgages by 0.25%. This may not sound like much, however by remortgaging, you could be saving on […]
In this age of economic uncertainty making those big financial decisions such as taking on a mortgage requires extensive research and informed decision-making. If you have tried to find the the right mortgage without a mortgage broker you will know how daunting it can be. You also have to find the best price, which […]
You may be earning a good income, but your credit history is one of the most significant details lenders will consider when approving a mortgage. Bad credit or a low credit score can seriously compromise a person’s ability to gain a mortgage regardless of their income level. This is due to the fact that lenders will consider […]
Does “Whole of Market” matter to consumers? Should it and what does it mean? A Move Brokers have recently moved to being regulated directly by the FCA (Financial Conduct Authority) as opposed to being tied to a network, being directly authorised means that we are not beholden to a restricted panel of lenders or a […]
The Mortgage Bankers’ Association in America report that new mortgage applications have dropped over 6% compared last week and when compared to the same week last year, new mortgage applications are down 17%. Interestingly homebuyer demand is still strong, but the number of purchases has fallen due to the size of average purchase loan application.
Following three months of consecutive house price falls, Nationwide reported today that the average house price rose 1.1% month-on-month in June. In addition, the annual house price rise is 3.1% to June. The average house price across the UK is now £211,301. The regions again are growing at varying rates, however, the gap between the […]