Applying For a Mortgage
How to make sure you’re mortgage-ready to simplify the journey Navigating through many mortgage deals and sorting out the heaps of paperwork can be daunting and labour-intensive. However, we’re on hand to assist you and simplify this journey. From understanding the different types of mortgages to tips on streamlining the application process, we’re here to […]
Start Your Journey To Homeownership
Multiple affordable schemes and initiatives to get you moving If you want to purchase a home, you’ve likely encountered the term ‘affordable housing’. This refers to homes available for purchase or lease at a cost lower than their actual market value. This is often part of a programme supported by governmental or local authorities. You’re […]
Long Term Mortgages
An affordable solution or a costly compromise? The cost of living is rising, and many homeowners and aspiring buyers are feeling the pinch. An increasing number are extending their mortgage terms to 35 or even 40 years to keep their monthly repayments manageable. Over the past year, there has been a 10% surge in applicants […]
What to do if you can’t pay your mortgage
Talking to your lender as soon as possible to make them aware of your situation is key Over the past year and a half, the Bank of England’s base rate increases have led to a spike in monthly mortgage payments, making it increasingly difficult for some mortgage holders to meet their obligations. This is particularly […]
First-time buyer deposits paid across the UK
Transforming the landscape for prospective homeowners and current mortgage holders Since the government’s mini-budget announcement on 23 September 2022, mortgage rates have soared. It’s as if they’ve been loaded onto a financial rocket and launched into the stratosphere, transforming the landscape for prospective homeowners and current mortgage holders. To buy a home in the UK, […]
Sharp increase in borrowing costs
Mortgage repayments take up almost 40% of people’s average take-home pay According to recent data, the number of mortgage applications has not declined despite interest rates rising to the highest level in 15 years[1]. However, the data has highlighted a sharp increase in borrowing costs, likely impacting activity in the housing market. As a result […]
