Doesn’t everyone like to have their own dream house where they can live with their family and enjoy themselves? Do you also plan on getting a house for yourself in a few days but are looking for different finance options? If yes, then you will have to opt for a mortgage which is a type …
One of the best dreams is to have a home you can call your own. However, if it’s via a mortgage, chances are you’d be paying it for up to 30 years. This means you’ll need a stable source of income throughout those years so you won’t miss your payments. If not, you might lose …
In April of 2021 the UK government initiated a 95% mortgage guarantee scheme that encouraged lenders to allow 5% mortgage deposits. The previous minimum was 10%, with some lenders preferring higher, especially if other buyers were interested in the same property. The 5% deposit scheme will run until December 2022 and be reviewed at a …
For homebuyers and those looking to invest in property, there are a few things that everyone should be doing. One of the very first things that you should be doing when looking to buy property of any kind is enlist the services of a mortgage broker. There are those naïve enough to think that they …
Five Reasons You Should Be Using Mortgage Broker Services Read More »
Today, it’s more difficult than ever for younger people to get their first mortgage. This issue tends to be due to the huge deposit that is required to put down on a property, even with the help of the government’s help-to-buy scheme. However, if you do have the money for a deposit, that’s still only …
Moving to a new house can be one of the most thrilling experiences; most people spend their entire lives dreaming of moving to a new home. Buying a new home is one of the most significant investments most people make; however, things don’t often go as planned, as a new house could cost you more …
Mortgage Brokers – Things to Ask before Hiring One Read More »
The mortgage process can be a confusing one, especially for first-time buyers who have never been through the experience before. To help you understand what to expect from the process, we have broken down each stage so you know exactly how it works and roughly how long it can take. This is never set in …
Mortgages aren’t one size fits all, there are many different types of mortgages out there to suit each person’s circumstances. This guide will list some of the different mortgages and explain what they mean, it might even help you decide what kind of mortgage you need. Fixed Rate Mortgage A fixed rate mortgage means you …
Getting ready to purchase a home for the first time can be a great adventure. In all the excitement, you may assume you know how to get a mortgage as a first time buyer. However, it can be a complicated process with many different options available. With a little extra knowledge, you can ensure you …