If you are coming to the end of the advantage period on your mortgage you will need to begin to look at your remortgage options, you should do this around 3 months before your interest rate changes. It is common…
Considerations if looking at buy to let property
You may be thinking of purchasing a buy to let property in the search of ‘easy money’, but do not be fooled, owning buy to let properties is anything but easy and with increasing legislation and requirements it is becoming…
Do You Have a Help to Buy Equity Loan?
Help to Buy equity loans were introduced in 2013 to help buyers get on the property ladder. If you bought your property using this type of loan when they were introduced, you may now have started to pay interest on…
First time buyer step by step guide
Step 1, get yourself mortgage ready. Let’s assume you have already saved or have a gift from a close relative to fund the deposit, an independent survey, solicitor’s fees, moving costs and any new furnishings you will need. As…
The value of a stay at home parent
Childcare these days can be costly, and with wages barely covering these costs it is often the case that mothers or fathers with young children will choose to stay at home forgoing their careers, as it just doesn’t seem to…
Base rate rise – time to re-evaluate your circumstances?
With the recent Bank of England base rate rise now may be a good time to re-evaluate your circumstances and assess your mortgage options and requirements. From a mortgage point of view, if you are already on a fixed…
Help to Buy ISA or Lifetime ISA?
The Help to Buy ISA will be closed to new savers from 1st December 2019, therefore prospective first time buyers should be assessing whether it is best to open one now or whether to go for the alternative Lifetime ISA. …
Mortgage considerations when you have adverse credit
Having adverse credit can make you feel like obtaining a mortgage is impossible, but there are a few things you can do to boost your credit score and improve the merit of your application. Start by checking your credit…
Beware of New Builds
Nothing looks better than a newly built property on the market. The walls are blank canvas’ ready for you to put your mark on, the brick work is bright and new and the photographs are always very pleasing to the…
Rate Switch or Remortgage
I will be providing below some considerations when looking at rate switching or remortgaging. Before I start it is worthwhile pointing out that all lenders will have their own rules and processes and a rate switch may not always be…