At Greyfox we believe in keeping you informed about what is going on in the property market.
Posted on Thursday, January 19, 2017 | Selling
Lenders have started to announce changes to their buy-to-let policies following the Prudential Regulation Authority’s decision to phase in new stricter rules. The PRA said in September that lenders must take the borrower’s income...
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Posted on Thursday, January 12, 2017 | Buying
Contractors and people who are self-employed can face additional challenges when securing a mortgage, which may sometimes cause delays during the property buying process. Around 22% of the UK workforce are now self-employed or contractors,...
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Posted on Wednesday, November 23, 2016 | Property
Moving house can be a stressful time but, for buyers who already have a mortgage, it doesn’t necessarily mean ripping up the deal and starting again. Most mortgages are portable, which means that they can be transferred from...
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Posted on Monday, November 21, 2016 | Property
The author of Adrian Mole fame, Sue Townsend’s, former home is for sale. The four-bedroom property in Stoneygate , Leicester has many happy and creative memories. Now t he property is on the market for o...
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Posted on Monday, November 7, 2016 | Market Reports
On the 23rd November, The Chancellor of the Exchequer, Philip Hammond, will present his Autumn Statement to Parliament. This will be his first opportunity to define the Government’s strategy for the forthcoming year, and it will be...
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Posted on Thursday, October 6, 2016 | Property
The Government Help to Buy Mortgage Guarantee scheme (Help to Buy Two) was first launched in October 2013, with the aim of increasing the availability of high loan-to-value mortgages and providing a much needed boost for First Time Buyers...
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Posted on Wednesday, September 7, 2016 | Property
The recent cut in the Bank of England base rate may have come as welcome news for many mortgage holders, but for savers it has been yet another hit on their returns. There is light at the end of the tunnel however. At times when homeowners are...
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Posted on Wednesday, August 24, 2016 | Market Reports
The UK residential property market continues to confound the analysts, as sales and prices hold up relatively well in the first full month after the Brexit referendum. The last four weeks saw a 1.2% (£3,600) fall in the average price of...
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