Desperate would-be homeowners are being offered a radical new option to get on to the property ladder – the chance to get their future grandchildren to pay off their mortgage.
Category: Property
MoneyExpert: Accessibility To Housing Market Worsens
Accessibility to the housing market is worse than ever for first time buyers, according to new figures.
MoneyExpert: Homeowners Loans Used To Move Up The Market
Taking out a homeowner loan to improve houses can allow homeowners to move up the property ladder without the hassle and complication of moving house, according to Phil Jones, joint managing director of Nemo Personal Finance.
MoneyExpert: House Prices See FTBs Get Creative
First-time-buyers (FTBs) are creating ever more creative ways of getting on the first rung of the housing ladder, according to a Reuters report.
New “Inherited Mortgage” Launches
The Motley Fool, the BBC and Reuters are covering an interesting story about a new mortgage product that has been launched by Kent Reliance Building Society.
Motley Fool: The Inherited Mortgage Arrives
The Kent Reliance Building Society has just announced that it will be offering interest-only mortgages that can be passed on to your heirs along with the home when you die.
Family Finance: Getting A Mortgage For Your First Home
So you’re serious about buying a home and you think you have enough money together to take the plunge into the property market?
MoneyExpert: Life Begins At 40, But You Pay At 34
Life may begin at 40, but the average Briton begins paying for it at 34, market research for Axa Wealth Management has revealed.
Motley Fool: Buy-To-Let Boom Spells Doom
Buy-to-let is about making money from rental income, not about capital gains in rising house prices. It’s also a poor investment choice which is doomed to failure, even for skilled investors. Ha! Just kidding! I only wanted to make some landlords’ blood boil. You see, property investment is a controversial subject. If you’re familiar with […]
Motley Fool: The Lowdown On REITs
Many private investors have put money into property in recent years, but, as an asset class, it isn’t perfect. If you want to invest in residential property, you could buy a flat or a house, perhaps using a buy-to-let mortgage. The problem with this approach is you may end up putting a big chunk of […]