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:

Landlords in Devon could face mandatory licensing

Landlords in Devon could be forced to secure a licence under Government plans to tackle illegal immigration.

The Residential Landlords’ Association understands that the new Conservative Government plans to extend the scope of the mandatory licensing regime to tackle illegal immigration.

In a speech last week, Prime Minister David Cameron called for a new licensing scheme to tackle landlords who “cram” their houses full of illegal immigrants and powers to make it easier for landlords to evict tenants in private rented housing.

There was widespread concern that this...

What makes a house a home?

Authored by lfletcher
Posted: Sat, 05/30/2015 - 4:00pm

Having a set place on the sofa and feeling comfortable enough to go to the toilet with the door open are what makes a house a home in Exeter, according to a new study.

It takes someone living in South West on average just under four months (14.5 weeks) before they believe their house has become a home and it is the simple things like having a knowing which draw everything is in which make all the difference.

Having a set spot on the sofa topped the list in the South West, with one in seven residents admitting that this was their top house to home indicator. Feeling...

Collegiate AC expand student accommodation in Exeter

The Guardian UK University League Tables 2016 are just out and Exeter University has been ranked at number nine, having risen three places since last year when it was ranked at Number 12 in the UK (league table here ). With an overall Guardian score of 83.8 out of 100, Exeter University ranks especially highly for those ‘Satisfied with Course’ (91.5 out of 100) and ‘Satisfied with Feedback’ (76.7 out of 100). As home to one of the UK’s very best universities, and rising in ratings and popularity, the student accommodation offering for those visiting Exeter University is also flourishing....

Show debut for green-fingered Nicola

Homebase Garden Academy student, Nicola Oakey, from Exeter, is about to build her first RHS Show garden at BBC Gardener’s World Live (11 - 14 June). Nicola, who started the Academy in September 2014, successfully submitted a design for the ‘Beautiful Borders’ category of the show. The design had to be inspired by the ‘Industrial Heritage of the West Midlands’, so Nicola took this opportunity to celebrate the amazing pottery industry that has flourished in the area, notably Spode and Wedgewood. “I can’t wait to bring my design to life”, said Nicola. “The Garden Academy visits Barnsdale...

Exclusive new development in Axminster

Independent developer C G Fry & Son Ltd., with multi-award winning sites, announces the release of its new ‘Lea Place’ development in Axminster. This small, and exclusive development of just 13 private new-build homes, is being built in two adjoining cul-de-sacs and due for completion in autumn this year.

A third-generation family-owned company, C G Fry & Son is renowned for its extensive portfolio of quality build ranging from high-end individual houses to major developments. Best known for the prestigious Poundbury development in Dorchester for The Duchy of Cornwall, all...

Solar firm praises national report on best time to buy panels

Authored by News Desk
Posted: Tue, 05/26/2015 - 10:16pm

Renewable energy firm Solarlec has praised a national newspaper report enlightening consumers to the savings to be made through solar.

Telegraph Money has compiled data that shows how solar panel government subsidies have fallen over the past five years after peaking between 2010 and 2012.

However, the report reveals the drop in product and installation costs means strong savings are still available - the average system is £5,000 cheaper than it was five years ago.

Telegraph Money claims more than 300 solar panel systems are installed on UK homes every week - which...

10 things to do each day to declutter

Here are the top ten things I do every day to reduce clutter in my home and you can easily do them too!

1. Deal with post as I empty my postbox – into action, throw (recycle) or file 2. Delete unimportant emails as soon as I have read them 3. Put the newspaper and empty bottles straight into the recycling box 4. Dirty linen or clothes straight in the laundry bin + before bed a sweep of the house to scoop up anything anyone else has discarded on the floor 5. A sweep of the house before bed collecting up empty cups/glasses and put them straight in the dishwasher not in or by the sink...

Exeter communities go for gold

Green fingered volunteers are improving gardens, streets and green spaces all over Exeter for this years’ RHS Britain in Bloom competition. Four ‘Village’ entries from St David's, St Thomas, St James and Wonford will each be working to achieve top awards for their neighbourhood.

SW house price increases driven by shortages

House prices were driven up again in the South West in April as new instructions declined for the third month, according to the latest RICS UK Residential Market Survey. While 37% more surveyors saw prices rise in the South West in April, the highest reading since September 2014, new instructions continued to decline as 18% more respondents saw a fall in new instructions over the last month.

As supply issues affect the market, for the first time since August 2014, respondents’ reported an increase in prices in every area of the UK; the change coming from members in the London...

Changes to Cranbrook waste collections

Change of collection day for council’s waste and recycling services to affect half of Cranbrook’s households

All residents to receive letters and bin hangers confirming collection days and dates

In the course of its planned development, East Devon’s newest town, Cranbrook has already grown significantly, which not surprisingly has an impact on the services that we provide, such as the waste and recycling collections. Maintaining the efficiency of this service is one of our priorities – our objective is to keep Cranbrook looking good and to meet our customers’ requirements....

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