Y-Not Finance

Amazing delivery ! What a fantastic Thank You present to the Y-not team , best this year !!! You are stars Lottie and Andy x

The FCA are looking into enabling lenders to change the way they assess affordabiliy for clients trapped on high variable rates, so that they can switch to lower fixed deals.

First-time buyer figures have hit their highest levels in twelve years. The analysis indicates that the number of first-time buyer mortgages has exceeded 2007 levels and almost double of that in 2008. The figures suggest first-time buyer levels have continued to rise and now represent 50% of all homes bought with a mortgage, meaning first-time buyers' mortgage market share is at its highest level since 1995 when it reached 53%.

Happy Christmas everyone ! We all hope you have a fantastic 2019 , all the best from the Y-not Finance team..........

Halifax predicts house price inflation of between 2% and 4% in 2019, higher than its forecast of 0% to 3% growth for 2018. Halifax said an ongoing shortage of homes for sale and low levels of housebuilding will continue to support high prices, constraining demand.

The Bank of England's Monetary Policy Committee have voted unanimously to keep Bank Rate at 0.75%.
The MPC said that Brexit uncertainties have "intensified considerably" since its last meeting.
The Committee says these uncertainties are now "weighing on UK financial markets". Additionally, sterling has depreciated further, and its volatility has risen substantially.

A lender has announced a new mortgage aimed at the Holiday Let market.

The average standard variable rate (SVR) has risen to not just to its highest point this year, but the highest level seen since 2009.
The average SVR has risen steadily from 4.75% in December 2017 to 4.90% this month.

Annual house price growth increased to 1.9% in November, up from 1.6% the previous month, according to the latest Nationwide house price index. The modest 0.3% increase means that house price growth for the whole of 2018 is likely to exceed Nationwide’s earlier forecast of 1%.

Great seeing Jim Legg at the Meet Dorset Chamber event yesterday...great fun and well hosted Mr Bulley !!!

The Brexit vote has had a limited direct impact on the UK housing market, with the slowdown primarily as a result of multiple tax changes and weaker market fundamentals, according to the latest Hometrack index.

Lots of clients moving in this weekend! Congratulations to Simon and Elise on their new home X

Fantastic to receive this lovely card today... thanks so much.

The Building Societies Association believes that the Bank of Mum and Dad will continue to play an increasing role in helping first-time buyers over the next 5-10 years.
The Association welcomed a rise in product innovation which is increasing the options beyond straight gifting. 59% of building societies will now accept a deposit from family members as security, 33% will accept a charge over the property of family members to ease affordability barriers and 10% offer family offset mortgages.

A recent softening in new buyer demand is now causing house prices to fall nationally, according to the latest RICS residential market survey. However the regional picture remains highly varied, with some parts of the UK still seeing fairly strong price growth and much of the weakness continuing to stem from London and the South East.

Today's Budget documents show that the government will extend the Help to Buy scheme until 2023.
The Budget announced that from April 2021, a new Help to Buy Equity Loan scheme will run for two years before closing in March 2023.
The new scheme will be available for first-time buyers only, and for houses with a market value up to new regional property price caps.

Today a high street lender lauched a re-mortgage designed to redeem a Help to Buy: equity loan in full and will be available on deals up to 90% LTV. This is potentially great news for people who are already paying interest on their equity loan or who want to come out of the scheme early so they can benefit fully from any increase in their property value.

Tony's brill, approachable, knowledgeable and goes out of his way to help

Tony has managed to arrange our re-mortgage - it was not at all straight forward and he and Billie have achieved what other brokers out there could not! Thank you so much for your help, support, guidance and professionalism - we are so happy! Recommend you to anyone looking for efficiency, speed, success and a bit of humour too.

Tony has gone above and beyond with the service he has provided, his wealth of knowledge and caring nature really shine through and I personally can't thank him enough for the help he has given me. Would highly recommend x

Tony has been our mortgage man since our first purchase. I wouldn't go with anyone else as we trust him completely with our money.

Tony and Billie were amazing throughout the whole process. We were first time buyers and had so many questions but the team were there for every step and available whenever we needed them. We couldn't have done it without them and can't recommend the team enough!

Tony and Billie were a great help for my sister and I buying our first property together - no question was too small and all the team were very friendly. They put us in contact with good solicitors and surveyors, so we didn't have to trawl the internet for them! Definitely couldn't have done it without them!

Tony and Billie have been amazing dealing with our mortgage application, not the most straight forward of applications but less than 2 weeks from application to receiving our offer in the post today! We couldn't have got here without your help and lovely people to deal with! Thanks again Tony and Billie. Abi and myself would recommend talking to you before going anywhere else

Today we moved into our dream home, thank you Tony and Billie for enabling us to do so! This is the third mortgage we've done through Y-Not finance and I can't recommend you enough

Thankyou Tony for all your help getting me on the property ladder, brilliant service and will highly recommend you to all my friends.

Thanks for the great service in helping me purchase my first property! Always there to help and made things simple.

Just awesome, can't recommend them enough

Excellent service and advice

Brilliant as always, we weren't the easiest applicants but Tony and Billie helped us get our first house and nothing is ever too much trouble. Even just small enquiries are always dealt with straight away with great honest advice. Highly recommended