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…
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…
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…
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…
Are they working for you? Or The Seller?
When you are considering a house purchase it is very easy to get swept up in the moment and you can easily get carried away with all sorts of ideas. Many different parties get involved and you need to always…
Should You Stretch Affordability
As a first time buyer or any buyer for that matter you will likely question, ‘how much can I borrow?’ A potentially more apt question is to ask yourself ‘how much can I afford?’ These are both fantastic questions to…
Payment Free Mortgages for the over 55’s
Most people with a mortgage will have always had it in mind that they wanted it paid off by the time they retire. There is, however, a type of mortgage that you can have for the rest of your life…
Who Works For Who
Buying a house is a complicated process, with lots of people involved helping you along the way. An important thing to keep in mind is remember who is to work and represent you in the process. Firstly, the estate…