Bovis and Barclays have joined forces to offer competitively priced mortgages for first time buyers in Colchester. Mortgages for Essex developments have been formulated to help first time buyers get involved in the property market by offering high LTV loans with low interest rates. By helping first time buyers purchase a property, the move will [...]
The Colchester property market is experiencing an abundance of empty flats as buyers are holding out on getting mortgages until they find their ideal family home in Essex. Traditionally first time buyers in the area were around 20 years old and took their first step on the property investment ladder by purchasing a flat. However, [...]
Colchester homeowners may have a chance to pay off existing mortgages on their Essex homes at a reduced rate if they remortgage with another lender. The news comes after one of the UK’s largest hedge funds announced that it has recently procured thousands of mortgage portfolios off several international lenders at a greatly reduced rate. [...]
The phenomenon of the accidental landlord is rising in Colchester as homeowners believe that income from renting is a better way to repay mortgages on Essex properties. Industry experts however are warning that unless a professional approach is taken, landlords face a very real risk of falling behind with repayments. The rise in the number [...]
Mortgage applications in the town of Colchester in Essex are on the increase after building has resumed at three sites in the town. One of the most popular developments is along Hythe Quay, where riverside apartments are bringing a big lick of luxury to an area that was facing serious redevelopment issues. We take a [...]
For first time buyers in Colchester, mortgages in Essex might be more difficult to secure than some lenders claim. It has been noted in recent reports that scrutiny over the finances of first time buyers has toughened, which in return has led to an increase in rejected applications. The system is causing damage to the [...]