Hove Mortgage Blog

Property taxes can be confusing, but if you own a home in Hove, you need to understand your tax obligations. From Council Tax to Stamp Duty, this guide breaks down what you need to pay in 2024. 1. Council Tax in Hove (2024 Rates) Council Tax is a local charge based on your property’s valuation…

Brighton and Hove attract property investors, but which city is better for buy-to-let returns? Factor Hove Brighton Average Price £450,000 £500,000+ Rental Yield 4-5% 3.5-4% Tenant Demand High Very High Short-Term Lets Growing Strictly regulated Which is Better for Investment? ✔ For long-term growth: Brighton✔ For rental income: Hove (better yields, less competition) 💡 Tip:…

Thinking of becoming a Hove landlord? The rental market remains strong, with high demand from professionals and students. ✔ Average rental yield in Hove: 4-5%.✔ 2-bedroom flats in demand (£1,500–£1,800 per month).✔ Best areas for investment: Central Hove, Poets’ Corner, and West Hove. 💡 Tip: Consider short-term lets – Airbnb rentals near Hove Beach generate…

Buying your first home in Hove can be both exciting and daunting. With property prices still rising and mortgage affordability a key concern, first-time buyers often need financial assistance to get onto the property ladder. Fortunately, there are several local and national schemes that can help. This guide explores the best first-time homebuyer programs available…

While bridging loans offer numerous benefits, they also come with certain risks. This guide explores the risks of using bridging loans in the UK, especially for those in and around Hove. What is a Bridging Loan? A bridging loan is a short-term loan designed to bridge the gap between an immediate need for funds and…

Determining whether bridging finance is the right choice for your financial needs requires careful consideration. This guide explores the factors to consider when deciding if bridging finance is right for you, especially in and around Hove. What is Bridging Finance? Bridging finance is a short-term loan designed to bridge the gap between an immediate need…

Understanding the differences between bridging loans and traditional mortgages can help you choose the right financing solution. This guide explores the key differences between these two types of loans, especially for those in and around Hove. What is a Bridging Loan? A bridging loan is a short-term loan designed to bridge the gap between an…

Bridging loans offer flexible and rapid financing solutions for various needs. This guide explores the different uses of bridging loans in the UK, especially for those in and around Hove. What is a Bridging Loan? A bridging loan is a short-term loan designed to bridge the gap between an immediate need for funds and securing…

Understanding the time it takes to secure a bridging loan can help you plan your financial needs effectively. This guide explores how long it takes to get a bridging loan in the UK, especially for those in and around Hove. What is a Bridging Loan? A bridging loan is a short-term loan designed to bridge…

While secured loans offer many benefits, they may not be the best option for everyone. This guide explores alternatives to secured loans in the UK, especially for those in and around Hove. What is a Secured Loan? A secured loan, also known as a homeowner loan, involves borrowing money against an asset, typically your property.…