by Keelan Little | Apr 26, 2023 | General, Mortgages
Make sure you have a good credit score: Lenders will check your credit score to determine how likely you are to make your mortgage payments on time. A higher credit score will increase your chances of getting a mortgage Save for a larger deposit: The larger the...
by Keelan Little | Apr 24, 2023 | General, Mortgages
Predictable monthly payments: With a fixed-rate mortgage, your monthly payments are fixed, so you know exactly how much you will be paying each month. This can help you budget your finances and plan for the future. Stability: A fixed-rate mortgage offers stability...
by Keelan Little | Apr 24, 2023 | General, Mortgages
Regulation: Ensure that you do your due diligence and check that your broker can be found on the Financial Conduct Authority Register – you can check the firm and individuals on the government website: https://register.fca.org.uk/s/ This will help ensure that you are...
by Keelan Little | Apr 24, 2023 | General, Mortgages
1. Not shopping around for the most suitable mortgage deal: It’s important to compare mortgage rates and terms from multiple lenders to find the most suitable deal for you – a mortgage broker can help you do this 2. Not having a good credit score: Lenders will...
by chris | Jul 13, 2022 | Buy to Let Mortgages, Mortgages
Can I get a mortgage on a buy-to-let? If you are looking to invest in the buy-to-let market, then the good news is that most – if not all – high street banks, mortgage brokers and specialist lenders will have a variety of buy-to-let mortgage deals for you to choose...
by chris | Sep 3, 2021 | Knowledge, Mortgages
What to consider when remortgaging If you are looking to remortgage then there are a variety of things to consider. It may be that you are simply looking for a ‘pound for pound’ remortgage option i.e. just swapping your current rate for a new one and not looking to...
by chris | Sep 3, 2021 | Knowledge, Mortgages
If you are looking at a step up from the traditional Buy to Let where the property is let on a single, standard assured short-term tenancy then you may wish to look at Homes of Multiple Occupancy (HMO’s) and Multi-Unit Blocks. So what is the difference? Houses of...
by chris | Sep 1, 2021 | Knowledge, Mortgages
The UK housing market has been on the rise since the early 2000s and many people have looked at property as an opportunity to invest their hard-earned cash to provide a stable investment platform with the potential to realise returns from both the rental income, as...
by chris | Jul 20, 2021 | Mortgages, News
Having seen the full impact of the pandemic on lenders, employed applicants, Buy to Let Landlords, and self-employed applicants, the biggest impact by far has been on self-employed applicants. Pandemic effect on the mortgage industry Obviously, anyone that has had...
by chris | Jul 20, 2021 | Knowledge, Mortgages
How do these mortgages work? A Joint Borrower Sole Proprietor mortgage is commonly used to help improve the amount that can be borrowed as it can include other income (generally from a family member that won’t be living in the property) to increase the amount that can...
by chris | Jul 20, 2021 | Knowledge, Mortgages
This is an extremely common question and is usually the first thing that we are asked as brokers. Why is mortgage affordability so important? Well, once you know how much you can borrow plus your deposit this is the key to unlocking your property search and...
