Category: Advice

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Benefits of UK Property During Economic Uncertainty

In today’s volatile financial climate, investors and savers are searching for safe havens for their money. Amid news of bank failures and market instability, the UK property market is proving to be an attractive option. At IMS, we understand the concerns of international investors and the need for a stable investment. That’s why we are highlighting the benefits of purchasing UK property at this uncertain time.

Lower prices, increased rental returns to counter interest rate rises and the safety of a tangible asset are just a few of the reasons why property investment is an excellent option. With our expert guidance and extensive knowledge of the UK mortgage market, we can help international investors navigate the purchasing process and secure their ideal property.

At IMS, we pride ourselves on providing bespoke solutions tailored to individual needs, whether you’re an expat or foreign national looking to purchase a property in the UK. Our team of experienced mortgage brokers will guide you through the entire process, from finding the right property to securing a competitive mortgage rate.

At IMS, we understand the benefits of purchasing UK property in uncertain times. As experienced mortgage brokers, we can assist you in financing your investment in UK property. Contact us today at contact@mortgageims.com to discuss further and take advantage of the current market conditions.

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Advice Mortgages

Mortgage rates cooling despite the latest BoE Base Rate increase

The Bank of England raised the base rate again in February, but this doesn’t seem to be affecting mortgage rates as much as in the past. In fact, mortgage rates are still falling, and the cheapest five-year fixed-rate deal is now below 4% for the first time since early October. 

This is good news for buyers who are looking for affordable ways to get on the property ladder. Additionally, inflation in the U.K. was down in January, with The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rising by 8.8% in the 12 months to January 2023, down from 9.2% in December 2022. 

This indicates that inflation may be starting to level off, which could help stabilize the property market. For those who are acting now and locking in longer rates, lower U.K. property prices may make this a good time to buy.