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Expats Investing In Eastbourne

Eastbourne is the second fastest-growing seaside town in the UK

With a population of 100,000 people, Eastbourne is the second fastest-growing seaside town in the UK and is the economic driver of one of the fastest-growing counties in the country. Eastbourne has a broad economic base and is home to companies in a wide range of industries.

The town is home to the largest book distributor in the UK, as well as to a number of specialist advanced manufacturing and engineering companies, many of which are based on industrial estates in and around the town. It is also the base for a growing number of successful e-commerce companies who distribute goods across the UK and throughout Europe. There is a high availability of affordable commercial property in Eastbourne and nearby Polegate, where a planned 700 new homes promise continued economic growth.

Eastbourne is a great place to invest in as it is only 1hr outside of London, has great transport links along with a vibrate varied community. Expat Mortgage brokers can help you find the right mortgage for you and can also help you with the financial planning relating to your mortgage.

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Category : blog &Buy To Let &Latest News

Frequently Asked Mortgage Questions

If you need free mortgage advice then why not try this mortgage faq site they have a growing number of mortgage questions and forms a foundation for your mortgage query without the commitment and cost of using a mortgage broker.

All questions appear to be answered by qualified mortgage professionals. If you need specific information about Eastbourne Properties then why not ask a question and have it answered promptly.

You can search through questions that others have asked already as you may not be the only person with that type of mortgage question.

Category : Latest News

Halifax reduces rates across affordable housing range

Halifax has reduced the rates across its NewBuy, Shared Equity and Shared Ownership mortgages in a move which further strengthens its support of the affordable housing sector.

The changes, which came into effect on Friday 12th April include:

New Buy and MI NewHome
90% LTV 2 year fixed rate mortgage reduced by 0.30% to 4.69% with a £995 fee
90% LTV 2 year fixed rate mortgage reduced by 0.30% to 5.09% with no fee
90% LTV 7 year fixed rate mortgage reduced by 0.30% to 4.69 with no fee
Shared Equity and Shared Ownership

First Time Buyers and Homemovers
Up to 60% LTV 2 year fixed rate mortgage is being reduced by 30bps to 2.74% with a £999 fee
60% LTV 2 year fixed rate mortgage is being reduced by 30bps to 3.19% with a £999 fee
Up to 75% LTV 2 year fixed rate mortgage is being reduced by 30bps to 3.59% with no fee

Craig McKinlay, new mortgages director at Halifax, said: “As one of the largest supporters of New Buy, Halifax already represents a third of all applications and completions on the scheme.

“By further reducing the rates across our affordable housing mortgages, we are continuing to demonstrate our commitment to helping home buyers in this sector make their way onto, and up, the property ladder.”

Category : Latest News

Beware…don’t cut out the middle man as you look for a mortgage

The number of new mortgages being taken out may be well short of the volumes seen in the heady days before the banking crisis, but that doesn’t mean the job of finding the best mortgage gets any easier.

The number of home loans on offer is mind-boggling and even if you’ve already worked out whether it’s a variable rate or fixed rate product that you’re going to plump for you still need to fathom out which is the cheapest option for you.

Unlike personal loans or credit cards the answer isn’t as straightforward as referring to a best buy table on a comparison website , although many lenders still market attention-grabbing interest rates, hoping it will be sufficient to win custom from those who don’t take the time to shop around or use an independent mortgage broker.

 

Category : Latest News

Paying off your mortgage for a year takes 103 days

Mortgage company Halifax has calculated that Saturday, the 103rd day of the year, is the point at which the average new homeowner – covering both first-time buyers and those who have moved – will have earned enough to pay off the annual cost of their mortgage. For those who rent, the equivalent date arrives nearly a month later, on May 12.

Craig McKinlay, mortgage director at Halifax, said: “If you rent your home, then every year, on average, you will need to do about a month’s extra work to cover the cost of renting compared with a mortgage.

“For most homeowners, mortgage payments are the biggest outgoing every month; knowing they’ve earned enough to pay off their mortgage for another year should be a reassuring thought.”

Category : Latest News

Housing market sees spring bounce

The number of people trying to buy or sell homes has picked up in the past month, according to estate agents.

According to the National Association of Estate Agents (NAEA), the number of potential sellers rose in March to its highest level for six months and the number of prospective buyers went up by 7% last month.

The NAEA said Spring had brought its usual increase in activity, and suggested sales would improve in the coming months.

“Spring has finally arrived and brought with it a much needed boost to the housing market, particularly among sellers,” said Gary Smith of the NAEA.

“This figure has been low in recent months and this is a welcome indication that reflects a growing confidence that the recovery is well underway.”

Encouraging signs

 

Category : Latest News

Act now or risk missing out at Windmill Walk

Time is running out for property-seekers hoping to secure one of the final family-size houses at Windmill Walk, Taylor Wimpey’s sought-after development in Eastbourne, East Sussex.

Eager buyers have been quick to take their pick from this highly desirable new homes collection in an established residential area of the seaside town, and now only a handful of properties remain up for grabs.

Among this final selection are two beautiful four-bedroom ‘Caldbec’ properties priced from just £275,500 – each offering generous accommodation that’s ideal for modern family living.

 

Category : Latest News &Residential

South East period house is the ideal UK home

A period house located in the south of the country is the ideal investment option for the majority of Brits, a new study into the perfect home has found.

Asking UK buyers what they would be looking for when heading to an estate agent if money was no barrier, PrimeLocation discovered that a detached home in the south-east of England would be most desirable.

In the last year, the value of rural homes has fallen by 5.1 per cent, but the report found that this has not dampened the love for the idyllic countryside retreats among British buyers.

“Typical British reserve and understatement shines through in selecting of their ideal property. Forget sprawling mansions or flash penthouses, the quintessential English country house with enough room for a family is what the majority of Brits view as their dream home,” said the company’s spokesman Lawrence Hall.

He added that peace and quiet still outstrip vibrant city life in the eyes of many across the UK.

Category : blog &Latest News

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