House prices rebound to 12-month high House prices appear to be on a constant rollercoaster ride. The latest figures reveal that prices are at their highest level for over a year, this is giving hope to those waiting for the property dip to be over. A rise was seen of £526 in July taking the [...]
Time to buy? Homeowners are unsure whether to go for a tracker mortgage or fixed. If they opt for a capped tracker they are having the best of both worlds. They have a low tracker rate set at 0.5% whilst having peace of mind of a cap to the rate when the base rate rises. [...]
Attractive mortgages for first time buyers The government are nudging lenders to offer better rates for those offering limited deposits. The best of the bunch are listed below: The Yorkshire Building Society is currently offering first time buyers a fixed rate of 5.39% until September 30th 2013. The loan-to-value ratio is 90%, the maximum advance [...]
Mortgage rates are at the lowest level since records began A report out recently states that the average mortgage rate has dropped to its lowest level for 25 years. This is great news for homeowners who are staring into the face of crippling tax hikes, rising inflation and wages that are going nowhere! These savings [...]
Low demand pushes house prices down There hasn’t been a traditional spring bounce for the property market this year. The multitude of bank holidays and the ongoing economic problems have all hindered. Figures reveal today that house prices have dropped 1.1% in April. Estate agents sold on average 14.7 in the three months to the [...]
Factors to consider before searching for a family home How many bathrooms does it have? Two bathrooms are fantastic if you have more than one child, but you may want to opt for an en-suite so you can retain your privacy each day. With four people living in the house, one bathroom is going to [...]
The purchasing process One in three offers actually ends up falling through. Purchasing your dream home first time round, may not happen. Your negotiating skills come into play at this stage, getting the right price and keeping things on track is extremely important. As soon as your offer is accepted, process your application with your [...]
Can you get on the property ladder as a first time buyer? We are being told that purchasing property is only going to get harder over the next decade… What a chirpy thought. A report out has revealed that home ownership will drop to 63.8% over the next ten years, this is down from 72.5% [...]
New 100% mortgage deal to be launched We are to see a return of the 100% mortgage. The deal was launched recently, and this type of mortgage has not seen since the credit crunch. These loan types were scrapped as they were criticized for being an irresponsible form of lending, allowing first time buyers to [...]
Tracey launched the Convey News website in 2008 to provide consumers with a guide to the intricacies of Conveyancing and the problems and pitfalls that can make the moving / conveyancing process a stressful experience. The website includes up to date information and news of what is happening today’s property market and useful tips and advice on the house moving process.
Over the last 10 years Tracey has worked in both Conveyancing and management roles in Solicitors and Licensed Conveyancing practises, ranging from High Street practices to specialist Conveyancing businesses and has also had the pleasure of working as an Estate Agent.
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