Negative equity can appear scary but with planning and time, you can ensure it is not a major concern. Firstly, it is important to remember negative equity is only a concern when you want to sell your house, so until then there are several options to help you reduce the deficit and get back into the black.
Let to Buy mortgages are mortgages that give home owners more flexibility without having to sell their property right away. Ideal for home owners who want to move to a new home, make the jump to landlord, or don’t want to lose money on poor property values, it is one way of ensuring solvency while enjoying the benefits of a new home.
Deciding on a mortgage can be daunting with such a long-term financial contract on offer. Research, consideration, and planning are paramount to deciding which lender you should approach. Mortgage brokers have become more and more popular, accounting for over 60% of home loan deals in the UK in 2014.
Selling your home can be a time-sensitive affair. We have put together a few tips to help you get the sale and price you want. From touching up paint work to embracing digital mediums, these cost-effective, easy jobs can be the catalyst for great change.