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

Posted:

UK set to be besieged by swarms of wasps

Authored by News Desk
Posted: Wed, 09/02/2015 - 2:43pm

Britain is ‘under attack’ from swarms of winged creatures.

Large numbers of airborne common black garden ants have been spotted everywhere this summer and now; thousands of wasps are also set to come out in record numbers for the next few weeks.

Following a huge uplift in sales of insect repellents, Wyevale Garden Centres is forecasting September to be an insect battleground for UK gardens. Britain’s summer of insect invasion has paved the way for a 300 per cent year on year rise in sales of Ant control products. Plus, wasp control products peaked last week with an increase...

Grants available to keep Devon homes cosy

Homeowners and private-rented householders in selected areas of Devon are being offered grants of up to £7,000 to help insulate their homes.

Teignbridge, North Devon and Torridge district councils are working with Cosy Devon and E.ON to provide new 'Pioneer Places' grants towards the cost of solid wall insulation. The funding has been awarded by the Department of Energy and Climate Change, with North Devon Council leading the project.

This month, letters will be sent to 13,000 prospective householders in selected areas of each district: Newton Abbot and Kingsteignton in...

Young gardeners throw in the trowel

Gardeners in the South West are losing their green fingers as nine in ten young people struggle to identify common garden plants, new research reveals.

A study of 2,000 Brits aged 25-35 found that time pressures and lack of knowledge meant that the majority struggle when it comes to nurturing their gardens.

Over three quarters of those living in the region couldn’t identify a tulip when shown a picture of one, while 84 per cent struggled with a geranium.

Perhaps that’s why just over 2 per cent of those polled described their gardening skill as ‘very good’.

...

Recycling roadshow rolls into Exmouth

Authored by Mary Youlden
Posted: Thu, 08/27/2015 - 10:19am

Scores of people came along to East Devon District Council’s Feniton recycling road show on Saturday to pick up top tips on how to recycle more and throw away less.

The event was held in the village to help householders prepare for the new improved recycling collection service which is being trialled in the area, and in Exmouth (The Colony), from mid-September.

Next Saturday (August 29) the road show rolls in to the Imperial Recreation Ground in Exmouth from 11am to 2pm and everyone is invited to come along and have a chat with the council’s recycling and waste team....

Houses with history

Thinking about buying a listed property? From getting to know your local conservation officer to undertaking a background check, Chris Davey, Luscombe Maye Estate Agency, gives his top tips on getting the best out of listed properties, as well as things to consider before purchasing. From the humble thatched cottage, to grand period homes, and even a bus station, listed properties are of great significance and beauty. With over 376,099 listed building entries in England, they are the jewels in the property crown, and are a marked sign of the country’s heritage and history. Laws and...

Stove manufacturer launches Exeter showroom

Authored by Stacy Hill
Posted: Sat, 08/15/2015 - 4:11am

Leading Devon-based stove manufacturer, Dean Forge, is launching a new showroom in Exeter, with an open day on Saturday 12 September.

Customers will be able to take advantage of a fantastic one-off promotion of up to 50% off selected stoves and huge savings on leading brands, including Dean Forge’s own range. The new venue – located in Marsh Barton, near the Porsche Garage – will celebrate local craftsmanship, stocking products hand-made in its factory in Buckfastleigh, Devon.

To mark the launch of its second showroom, Dean Forge is also unveiling its latest innovation, The...

Get mortgage fit and invest wisely

With more people choosing to grow their finances in buy-to-let properties, one of the country’s leading housebuilders says getting mortgage fit will help potential investors sail through the buying process.

Barratt is providing information and advice that is designed to help investors secure specialist mortgages, allowing them to let their new assets for potential medium and long term profit.

The five star housebuilder currently has a number of homes in the Exeter area suitable for investors. Developments locally include Rydon Place and Hillside Gardens.

“With a...

The ‘welcome in’ feeling

A new survey carried out by Reeds Rains estate agents has found that in Britain, 47% of people take between 1-5 minutes to form an impression of a property which they are viewing while others take less than 30 seconds. The study of 244 people looked at the ways they judge a person’s house when first entering and found cleanliness, smell and fresh flowers are crucial in forming a good impression. The study also revealed that ‘how modern and bright the kitchen is’, ‘tidiness’ and ‘the state of decorations (paintwork and wallpaper) are also evident in the minds of people judging a home. John...

Improved recycling service for Teignbridge

Information about Teignbridge’s improved waste and recycling service will be dropping through the letterboxes of the district’s homes over the coming months.

Teignbridge is changing its waste and recycling service to make it easier for people to recycle more. The scheme is being rolled out across the district in three phases and will start in September and end in November.

Ahead of roll-out in each area, a four-page leaflet is being delivered to homes. It gives people information about when their new recycling service starts and how they can subscribe to a new optional...

Devon residents to trial new recycling scheme

Authored by Mary Youlden
Posted: Wed, 07/29/2015 - 11:35am

Key information is being sent out next week to around 1,800 households living in the Feniton and Exmouth (The Colony) areas giving details of an improved recycling collection service which is to be trialled by East Devon District Council.

From mid-September, residents in these areas will be able to recycle more in their green recycling boxes as the council is adding cardboard and mixed plastics to the extensive number of items it already collects from the kerbside each week.

Every household in the trial areas will receive an additional 70 litre reusable sack which they can...

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