First-time buyers Mortgage rate cuts 

January 16, 2021

Enable’s IFAs in Bishop’s Stortford know it is always going to be a bit of a challenge being a first-time buyer. In addition, over the course of 2020 many of the lower deposit mortgages vanished from the market but some are now coming back and some have announced rate cuts. Nationwide Building Society announced that from 13th January it will reduce selected 2, 3, 5and 10-year fixed rates an... more >

First-time buyers moving out of the cities

January 13, 2021

If you are a first-time buyer and are planning to move out of the city Enable’s experienced IFAs based in Bishops Stortford may be able to help you with your mortgage planning. It has recently been reported that the pandemic has created a shortage of high loan-to-value mortgages forcing first-time buyers to turn away from city living. Trussle’s survey suggests that “many younger first-tim... more >

Looking for a Lifetime Mortgage?

January 6, 2021

If you are approaching later life and looking to find ways to finance your way through the pandemic Enable’s IFAs in Bishop's Stortford can help you look at your options. Recently Lifetime Mortgages have started to become more and more common as property owners look to release some of the cash locked up in the value of their homes.  Lifetime mortgages are only available to homeowners aged 55... more >

What support is there to buy a house in lockdown 3?

January 5, 2021

2021 so far as not been the year many of us were hoping for. Another lockdown has meant that the majority of us are working remotely, most children are receiving homeschooling and we are all having to protect the NHS from being overwhelmed whilst we, experienced IFAs at Enable in Bishops Stortford, like others up and down the country wait for a vaccination. But despite the current Covid-19 situ... more >

Mortgage holidays are coming to an end

December 28, 2020

Enable’s IFAs in Bishop's Stortford know that many homeowners have been taking mortgage holidays through this Covid-19 lockdown period. Mortgage flexibility has been a useful financial tool during this period of change and uncertainty. But homeowners must be aware that the Financial Conduct Authority (FCA) has revealed that special COVID mortgage payment holidays in the UK will not extend past t... more >

Remortgagers have seen increases in property value

December 26, 2020

Enable’s IFAs in Bishop's Stortford have noticed that some remortgagers have seen increases in the value of their property recently. According to a NatWest survey of those who remortgaged during Covid some 62% say it led to an increase in the value of their property. Their survey also revealed that 45%, almost half of 18-30-year olds’ homes are now worth between 10% and 20% more after having r... more >

Mortgage availability is getting better

December 15, 2020

Enable’s IFAs in Bishops Stortford know it has been a challenging time for some trying to get a mortgage recently. But figures from Moneyfact say that the number of mortgage products on the market has increased by 16 per cent to 2,782, the most substantial monthly jump for six years! Moneyfact finance expert Eleanor Williams says: “Echoing last month’s trend, the number of available mortg... more >

Vaccine immunising will it stop housing market downturn?

December 13, 2020

The housing market is never simple and with the UK becoming the first country to approve a Covid-19 vaccine will help to stave off a housing market downturn next year? Many property experts are hoping it will. Enable’s IFAs have seen housing markets go up and down. It is always hard to predict even in the unusual circumstances we find ourselves in now. Jamie Durham a PWC economist says that t... more >

Good news for new builds?

December 9, 2020

For some, a new build is the only way to go when looking for a home or an investment. Enable’s experienced IFAs in Bishops Stortford can help you finance any of your new home projects helping with mortgages, savings and investments. Interestingly enough in the UK, there has been a sustained recovery in UK construction output with new order volumes expanding at the quickest pace in six years. ... more >

House prices still strong

December 7, 2020

Recently house prices have seen the strongest growth since 2004. According to Halifax Enable’s IFAs in Bishops Stortford note with interest that house prices have surged by 7.6 per cent in the year to November. The Halifax figures indicate that most of the house price growth took place in the second half of the year with prices increasing by an average of £15,000 the most substantial jump ov... more >