Mortgage Advice You Can Count On
Buy-to-let mortgages – what you need to know
The UK’s property market is notoriously resilient. Crashes are very few and far between. There are occasional low periods. In practice, however, all these mean is that house-price growth slows and properties can take a bit longer to sell. Demand for rental property is generally strong. With that in mind, here is a quick guide […]
Are You A New First-Time Buyer?
Last year, saw 408,379 people collect the keys to their first home. It was the first year the number of first-time buyers had exceeded 400K since 2006. If you were one of those first-time buyers, you might be feeling somewhat nervous about the future. Here are some tips to guide you. Prepare for interest-rate rises […]
Get the best out of your Buy To Let mortgage
Many fixed mortgage deals will be approaching the end of their term this October, so it’s a good idea to review your buy-to-let mortgage. With interest rates still at low levels and demand for rental properties increasing around the country, investing in a buy-to-let (BTL) is a popular choice for many. Buy to let basics […]
Understanding What Inflation Actually Means
Inflation basically means price increases. Its opposite is deflation. Price is essentially a reflection of supply and demand. It can be interesting to take a close look at inflation to see what it suggests about the state of the economy. With that in mind, here are some key points about inflation heading in the UK […]
Where Now For Mortgages?
The Stamp Duty holiday appears to have stimulated the housing market. It is, however, only of benefit to people who can afford to buy. For many people, their ability to buy depends on their ability to get a mortgage. Right now, however, that is a major challenge for a large segment of the population. From […]
Help To Buy 2.0
During the (virtual) Conservative party conference, Boris Johnson announced his intention to create “Generation Buy”. It looks as though he may introduce two separate schemes to make this happen. The details of one of these schemes are, currently, very hazy. The details of Help to Buy 2.0 are, however, much clearer. The “Generation Buy” scheme […]
Managing mortgage stress – we’re here for you
Whether you’re a first-time buyer, a second- stepper or further up the housing ladder, buying a home and getting a mortgage is always a big move and can feel a bit like a roller coaster ride at the best of times. Now there is the added complications and worries that the COVID-19 pandemic may have […]
Understanding the Mortgage Market Review
After the 2008 financial crisis, the Financial Conduct Authority (FCA) undertook a review of the mortgage market. This resulted in the introduction of affordability criteria, which came into effect in 2014. Since then, mortgage lenders have been obliged to stop using broad-based criteria such as multiples of income to decide whether or not a potential […]
Remortgaging
[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”0px|||||” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text admin_label=”Text” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}” theme_builder_area=”post_content”] [Remortgaging means getting a new mortgage for your existing home. You can do this by switching to a new product with your existing lender or […]
