Latest Mortgage Advice Articles

Your credit rating is more than just a number. It’s a reflection of your financial health and a key factor lenders consider when you apply for a mortgage. A good credit score can give you access to the best mortgage products and interest rates, making it easier to achieve personal […]

As the UK government unveiled its highly anticipated Autumn Budget for 2024, first-time home buyers across the country have been left with a mix of emotions. While some of the changes announced offer glimmers of hope, others pose significant challenges to their homeownership dreams. Understanding these changes is crucial for

As the UK’s new Labour government prepares to unveil its first Budget statement on October 30th, first-time buyers are understandably anxious about how the upcoming changes could impact their ability to purchase a property. With the Chancellor warning of a “painful” budget aimed at addressing a £22 billion deficit, it’s

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

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

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

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

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?

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