With the overall price of food and non-alcoholic beverages rising around 26% between December 2022 and December 2023, it is no wonder so many of us are feeling the pinch.
According to the Office for National Statistics (ONS), over a third of adults reported that they were buying less food than when shopping in the last two weeks (17th January 2023) due to the rising food costs.
Although the rate of food prices has slowed down, they still remain high. Now, the team at Mortgage Required, may not be able to lower the prices in your local supermarket, but we have come up with a list of tips to help you lower your food shopping bill.
The government has announced plans to make buying or selling a home cheaper and quicker with what is being called the “biggest shake-up to the homebuying system in this country’s history.”
7 days ago
Almost one in five equity release mortgages are now taken out to provide financial support to family.
9 days ago
According to industry data, the expected wait for those looking to buy a property has dropped from just over 11 months to less than six months.
It is common for your first mortgage payment to be higher than your subsequent monthly payments for two reasons.
14 days ago
Firstly, a big congratulations, you’ve now exchanged contracts! After weeks and months of waiting, you are about to move in. What should you do first?
The chancellor will deliver her second budget this autumn. Due to slow economic growth and high inflation, the government need to manage a £40 billion shortfall in public finances. There have already been reports about changes to taxes including income tax and capital gains tax.
29 Aug 2025
The chancellor has advised that landlords could have another tax to pay this autumn as the Treasury decide whether to extend national insurance contributions to rental income.
According to a report in the Guardian, senior ministers have asked Treasury officials to look into a “proportional” property tax to see how it would work as an alternative to the existing stamp duty land tax on owner-occupied homes.