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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Christmas tree recycling in East Devon

Authored by News Desk
Posted: Mon, 01/02/2017 - 8:34am

East Devon is recycling Christmas trees at eight different sites in early January.

The trees will be shredded and the chippings will be used in local parks and gardens.

The recycling events will be held at:

Seaton, Harbour Road car park, Weds Jan 4, 8.30am to 11.30am

Axminster, West Street car park, Weds Jan 4, 12.30pm to 2.30pm

Exmouth, Imperial Road car park, Weds Jan 4, 8.30am to 2pm

Honiton, Lace Walk car park, Thurs Jan 5, 8.30am to 11.30am

Ottery St Mary, Land of Canaan car park, Thurs Jan 5, 12.30pm to 2.30pm

Budleigh...

Residents get stacking in Teignbridge recycling campaign

Authored by News Desk
Posted: Fri, 12/23/2016 - 10:03am

Residents have been playing their part in improving street cleanliness, with the first monthly winner of Teignbridge District Council’s ‘Operation Stack’ recycling campaign announced.

Mrs Sylvia Mills from Kingskerswell was drawn as November’s winner of a recycling goody bag, containing a set of recycling wine glasses, leftover recipe book and various food waste reducers. The campaign has already seen over 400 thank you cards randomly issued to residents who have been stacking their recycling boxes and food waste containers on collection days.

With the Christmas and New...

Over £1billion at risk as renters languish on expensive energy deals

Authored by News Desk
Posted: Tue, 12/20/2016 - 2:24pm

UK renters are missing out on savings worth over £1 billion collectively on their energy bills, because they didn’t know they could switch suppliers , had bills included in their rent, failed to discuss the matter with their landlord, or simply weren’t allowed to, according to new analysis from MoneySuperMarket.

The analysis looked at energy switching habits among renters , and shows almost half (49 per cent) of the nation’s renters were not given any information about their energy provider at the start of their tenancy. 12 per cent think their landlord is solely responsible for...

Popular Pool Styles to Keep You Cool All Summer Long

Authored by News Desk
Posted: Tue, 12/20/2016 - 11:14am

If you have ever dreamed of having your own refreshing and luxurious swimming pool on your property, chances are you are not alone. There are many different options when it comes to pool installation and from in-ground Olympic size pools to on ground versions to keep you cool and refreshed there is an option for everyone. Your property size, style of home and budget are all factors to consider when deciding on what type of pool is right for you. The best way to figure it all out is to consult with professional firm in your area. If you are in Sussex or the surrounding area, click here to...

Home provides the perfect venue for Christmas entertaining

Authored by News Desk
Posted: Fri, 12/16/2016 - 11:14am

Home isn’t just where the heart is according to a new survey – home entertaining is on the increase and it’s where people are now more likely to entertain family and friends.

Households throughout the South West area are gearing up for everything from family gatherings through to kids’ parties, formal cocktail evenings and of course Christmas dinner, and a new survey has highlighted the importance of home as the perfect venue. As Christmas entertaining gets into full swing the survey from local housebuilder David Wilson Homes reveals that almost 50 per cent of people are more...

Make an electric check part of your routine this winter

Authored by News Desk
Posted: Wed, 12/14/2016 - 10:24am

The NICEIC & ELECSA are reissuing a crucial message as we approach the Christmas season; think safety first when decorating your home this Christmas.

The UK’s leading regulatory body for electricians NICEIC and ELECSA surveyed 2,000 UK tenants and homeowners. With 9 in 10 of us using lights to decorate this Christmas, some disturbing facts have been revealed about our attitude to electric safety over the festive period. In excess of 1 in 4 showed no concern about the safety of the lights they are using. This result is marginally better than the response to the 2015 study. Tony...

Exeter housebuilder calls upon Santa to ensure local children are on his list

Authored by News Desk
Posted: Mon, 12/12/2016 - 9:13am

The housebuilder behind a brand new community in Exeter is taking action to ensure its homes are on Santa’s radar this Christmas.

Barratt Homes, which is bringing new homes to Exeter at its Hillside Gardens development, has written to Mr Claus to make sure he stops by this festive season. The five-star housebuilder is keen to make sure that Santa is fully aware of the development and that the new community gets a visit.

Sales director Sara Parker said: “Having met many of the children who have moved to Hillside Gardens we know for a fact they will be on Santa’s ‘nice’ list...

Recycling information events in Exmouth

Authored by News Desk
Posted: Thu, 12/08/2016 - 10:08am

Scores of Exmouth residents are learning more about East Devon’s new improved recycling collection service due to start in the town from mid-February through a series of information days which continue through this month and into January.

The information events are a great opportunity to find out more about the new service where householders will be able to recycle additional items such as cardboard, mixed plastics, cartons and small electrical goods which will be collected every week.

The next information day is on Saturday December 10 at Exmouth Market in The Strand where...

Get your Wellies On at Redrow’s Saxon Brook

Redrow is inviting Exeter house hunters to join its team of friendly and knowledgeable sales executives for a special Wellies On Event at its new Pinhoe development, Saxon Brook, on Saturday 10th December from 11am – 4pm.

Visitors are invited to slip on some wellies and a hard hat for a sneak preview of the impressive new homes being built at Saxon Brook on Pinn Hill, located just 4 miles from Exeter city centre. Visitors will be taken on an exclusive guided tour of the development by Redrow staff and view build progress of the mix of 3, 4 and 5 bedroom homes currently available to...

RD&E appoints new Chief Executive

Authored by News Desk
Posted: Fri, 11/18/2016 - 2:11pm

The Royal Devon & Exeter NHS Foundation Trust has appointed Suzanne Tracey as its new Chief Executive. Ms Tracey, who has been the Trust’s Director of Finance and Business Development, Deputy Chief Executive and Chief Financial Officer and more recently acting Chief Executive, will take up her post with immediate effect.

RD&E Chairman James Brent said: “Suzanne has been a key member of the Trust’s well regarded executive team for almost eight years and has made a significant contribution to the success of the RD&E during this time.

“She brings with her extensive...

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