Could You Build Your Own Home?

Could You Build Your Own Home?

There’s a lot goes in to building a house and commercial housing developments are often a matter of teamwork, with tasks handed out to people who specialise in them.  Private housing development, however, can, within certain limits, work within their own rules and you might be surprised at the options for creating your own home from scratch (or almost).  Here are three options for doing so - and three considerations to keep in mind when making your plans.

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All Change For Buy To Let

All Change For Buy To Let

As the old saying goes, hope for the best, prepare for the worst.  This seems as good a description as any for the Bank of England’s approach to managing interest rates and the prospect of their going up.  While savers may be delighted at the idea of earning a better return on their deposits, rate rises are bad news for borrowers and this last fact has clearly been noted by financial regulators.

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Britain’s Best Lenders – Mum & Dad

Britain’s Best Lenders – Mum & Dad

The days of 100% mortgages are unlikely to return any time soon.  Quite the opposite, in the current climate, it’s a case of “the bigger the better”, where deposits are concerned.  While it may be the purchaser who hands over the deposit, many first-time buyers are turning to the bank of mum and dad for help to get on the housing ladder.  This, however, impacts on the financial health of the parents in question.  With this in mind, here are three points to consider on the topic.

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Buy To Let Numbers Do Still Add Up

Buy To Let Numbers Do Still Add Up

The UK is one of the most densely-populated countries in the world and hence there is a high demand for housing both to buy and to rent.  Over recent years, the government has attempted to help first-time buyers onto the housing ladder though a combination of providing direct assistance, in the form of help-to-buy schemes, and by making it more expensive to buy and run investment property (buy to let).  With all the recent changes, now may be a very good time for landlords to reassess where they stand financially and to decide if buy-to-let still makes sense for them.

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