12/11/2021
How to protect yourself from the impending mortgage rate increase.
Contributed by Evolve Financial Solutions
8/09/2021 - Evolve Financial Solutions
According to Estate Agents Hamptons, Londoners bought 73,950 homes outside the capital in 2020 – the highest number in four years – with data suggesting that rural areas were high on the list of desired locations.
But, as restrictions are lifted there has also been a shift towards buyers returning to London and property search engine OnTheMarket reports a 31 per cent increase in London property searches in the last 12 months by people not living in the capital. However the majority of these seem keen to retain some of their new found space and outdoor living and searches favour the greener, more spacious areas such as Wimbledon Village, Richmond, Chiswick and Ealing.
Mortgage advisor Evolve Financial Solutions, based in the East of England, have highlighted some key points when considering relocating:
“Whether you’re eager to take advantage of the prospect long term remote working offers to where you can live, or are simply ready for a change of scene, it’s important to factor in everything you need to ensure your big move goes smoothly” Evolve suggest, “research is key!”
“When it comes to the more practical side of things, that’s where Evolve can help. We can help you establish what kind of mortgage you’ll need, and then secure you a great deal, including accessing offers that aren’t available to the general public. And that way, with our support, when your ideal home pops up on the market, you’ll be in prime position to book an early viewing, get your offer in, and make your dream come true”.
For more tips and guidance on relocating visit the Evolve blog here.
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