If you’re thinking of buying your first home, or moving to another property, it’s often difficult to know where to start. There are so many variables involved in the buying process that it’s important to be prepared and mortgage ready before viewing potential properties. Understanding Your Mortgage Options A mortgage […]
Top 4 Benefits of Using an Independent Mortgage Broker Read More »
A Decision in Principle (DIP), also known as an Agreement in Principle (AIP) or Mortgage in Principle (MIP), is an informal decision made by a mortgage lender confirming the maximum they are willing to lend based on specific initial checks. These include: Affordability, such as how much you can borrow
What is a Decision in Principle and How Do You Get One? Read More »
Although mortgage interest rates have started to fall, house prices remained “resilient” in 2023 according to Kim Kinnaird, director at Halifax Mortgages. According to the Halifax house price index, UK house prices rose by +0.5% in November, making the average now £283,615. This is welcome news for existing homeowners and
5 Ways to Boost Your Home Buying Deposit Read More »
As a first time buyer, there are a few steps to take to determine how much deposit you’ll need to save up for a mortgage. Step 1: Check Your Affordability Saving up for a deposit is the first step to purchasing your first home. But how much do you actually
How Much Deposit Does a First Time Buyer Need for a Mortgage? Read More »
As I write this blog on the 8th January, I’ve just finished reading lots of positive emails from mainstream lenders confirming interest reductions on their fixed mortgage rates in 2024. That’s certainly welcome news after the uncertainty of 2023 when rates were all over the place. It created a lot of
What Will Happen to UK Mortgage Rates in 2024? Read More »
It’s an exciting time planning to buy your first home. Having a place to call your own, decorate it how you want, and to be able to host friends and family. It’s so tempting to want to start viewing properties and consider making an offer, but are you really prepared?
Top 10 Mortgage Application Tips for First Time Buyers Read More »
Being a first time buyer can be an exciting time, but it also can be quite a daunting experience with lots of confusing options to think about. Choosing the right mortgage deal is a crucial decision that can impact your financial wellbeing for years to come, so it’s important you
What is the best type of mortgage for first time buyers? Read More »
COVID-19 has undoubtedly forced us all to change the way to do everyday things such as shopping, exercise and seeing friends and family. But technology has helped us to adapt to these new ways of living. Shopping online and using video calling to see friends and family has become the
How to have a successful mortgage appointment via Zoom Read More »
On March 17th the Chancellor of the Exchequer announced that all lenders will offer a 3 month payment holiday to anyone who is suffering financially due to the Coronavirus pandemic. The FCA have also issued new guidelines on how mortgage lenders should treat customers fairly. This has given many peace
Coronavirus – What All Mortgage Customers Should Know Read More »
There’s no such thing as a ‘self employed mortgage‘ or even ‘self employed rates’! This is one of many misconceptions about the mortgage market if you work for yourself. It’s also not as difficult as you may think to get approved for a mortgage. In reality, its no more difficult
5 Tips for Mortgage Success if You’re Self Employed Read More »
