Homes & Gardens

How the Debt-to-income Ratio for a Mortgage Works

You might be wondering, "Can you get a mortgage with debt?" Banks use something called the Debt-to-Income Ratio to decide if you can borrow for a house. This blog will show you how to calculate debt to income ratios and what numbers lenders want to see.

Stick around, because getting your dream home may depend on it!

Key Takeaways

  • Banks use the Debt-to-Income (DTI) Ratio to decide if you can get a mortgage. It compares your debts to your income.
  • There are two types of DTI: Front-End focuses on housing costs, Back-End includes all debts. Lenders
  • ...

Liv Butler

Liv Butler

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5 bathroom accessories you should never miss in your home

It may often be the smallest room in the house, but the average person spends 1.5 years of their life in the bathroom.

And many people see their bathroom as a sanctuary where they can enjoy some precious solo time . It's also where we go to wash away our troubles or prepare for a busy day ahead.

As such, when you're updating your new home , it's vital to select bathroom accessories that make your life easier and more comfortable.

Here are some of the top bathroom must-haves that you shouldn't be without.

1. Wooden Floor Mat

Safety is important...

More than half of Devon residents suffer health problems due to condition of their rented home

Authored by Sam Richards
Posted: Mon, 04/15/2019 - 11:34am

The Homes (Fitness for Human Habitation) Act has now come into force across the UK and Devon’s tenants might be feeling positive. After all, it’s now easier for them to sue a landlord who fails to keep their home in a habitable condition.

This is an important piece of legislation; it functions as an update to the Landlord and Tenant Act of 1985. The new Act improves on the wording in the original 1985 legislation, specifically that landlords were previously obliged to ensure only that their properties are kept in good repair. The update sets out that landlords must not only keep...

Sell your home to London buyers - the Experts in Property Westcountry Property Exhibition, 2nd May 2019, Lawsons & Daughters, Fulham

It's time to spring into action!

With the winter blues behind us, now is traditionally the time when the housing market really starts to gather pace, so it’s time for the Experts in Property Spring Westcountry Property Exhibition in London.

If you’ve been holding off putting your property on the market, now is the perfect time as it could be marketed directly and in person to serious buyers in London, which account for almost 10% of those buying homes in our region.

the Experts in Property Westcountry Property Exhibitions take place three times per year and the Spring event is by no doubt the most popular...

Surging rental prices: Is capping rent the solution?

The capital city of Germany, Berlin, is known to have the lowest prices when it comes to renting costs. However, in recent years, there has been a steady increase in the prices of rooms for rent in Berlin . In fact, 2018 was its highest ever which was recorded at EUR 11.40 per square meter of property compared to a decade earlier which was at 5.60.

Although, there have been reports saying that in spite of the increase in its prices, Berlin is still the cheapest, not only in Germany itself but also in Europe. This is the reason why many of those who are looking for a room to rent...

10 home hacks to get your house ready for summer

With summer fast approaching (hooray!) it's the best time of year to ensure your house is in it’s best living condition. Whether it’s home improvements, extensions or large-scale updates that need doing, you don’t want to be spending the whole summer season tied down with manual jobs.

Summer is all about enjoying your home in every way possible. From sitting outside admiring your tidy garden , to embracing the natural sunlight blasting in through the windows and warming up your home, there’s just something so calming about your home during summer.

As the winter starts to...

Barratt Homes Minerva

Help to Buy speeds up buying a home in Exeter

New research from local housebuilder Barratt Homes shows that the government’s Help to Buy scheme can knock more than three years off the time it takes to get on the property ladder.

Barratt, which is building new homes at developments across Exeter, surveyed around 1,600 of its customers who had used Help to Buy to get their views on the scheme. More than half of the respondents (55 per cent) said it would have taken them three or more years to buy a house if they hadn’t used Help to Buy, while more than 33 per cent said that without using the scheme it would have taken them...

4 ways to update a property after you have moved in

Buying a house is an exciting time. You will spend weeks, perhaps even months, searching for the ideal property, and eventually,you will step through the door of the one that you know you will call home.

However, no house is perfect, and even the best one you see will have work that needs doing to it to make it exactly what you want. Here are some of the easiest, most cost-effective pieces of work you can do after you move into a property to make it more comfortable and more like home.

Paint

One of the very best ways to change the look of a room – or entire house...

Right to Buy: What happens if it goes under in England?

Authored by Sam Richards
Posted: Tue, 03/19/2019 - 11:55am

When the Right to Buy (RtB) scheme was first introduced in 1980, then Prime Minister Margaret Thatcher praised the programme as a way for the UK to create a "property-owning democracy". In the nearly 40 years since, the scheme has proved to be anything but. Rather, it has become a huge drain on taxpayers.

Mounting data shows that RtB has created a wealth transfer scheme whereby some council renters have purchased their homes at a great discount only to turn around and resell them for excessive profit. As evidence mounts in favour of ending the programme in England, there is a very...

Fresh New Country Garden Style Homeware

Authored by Hayley431
Posted: Wed, 03/13/2019 - 11:53pm

SPRING INTO THE NEW SEASON WITH HOMEWARE FROM THE ORIGINAL FACTORY SHOP

This spring, The Original Factory Shop is the savvy shopper’s one stop shop to spruce up the home with great looking products that won’t break the bank.

From a new range of affordable, functional and stylish homeware to top quality household brands the discount retailer will enable shoppers to transform their homes with great products at great value prices.

The Original Factory Shop is working on a number of different ranges of great value homeware for 2019, with their Countryside Blush range...

Top reasons why Cwmbran is a tempting place to live

Authored by David Banks
Posted: Sat, 03/09/2019 - 12:11pm

New town, Cwmbran, lies within the historic boundaries of Monmouthshire – a stunning county in southeast Wales. But apart from the breath-taking views, Cwmbran can now also pride itself on being the top alternative hotspot for Bristol , according to property website, Zoopla.

The question is, what does Cwmbran have to offer which makes it so appealing to residents?

It has great amenities

If you’re looking for an inexpensive and entertaining place to live, you might be tempted by what Cwmbran has to offer. The town is known for its free town centre parking, which is...

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