Year: 2019

So, your mortgage is coming to the end of its product term.  You may have fixed for an amount of time, maybe two, three or five years.  And now your rate is due to change to the lenders variable rate, which in the main, is higher than the rate you are currently on, and your […]

Firstly, we are delighted to have been recognised and ‘highly commended’ in this year’s ‘What Mortgage?’ awards Best Mortgage Broker category. This is a great testament to the team we have and we’re very grateful to all those who have voted for us. We are proud to be in our 28th year in the mortgage […]

With every mortgage, the lender will require to know that they are lending money on a suitable property. This will entail a valuation and normally a surveyor will visit the subject property. This is a fairly basic valuation and is for the lender, paid for by the borrower, and it should not be relied upon […]

With technology taking over the world, and so many transactions taking place over the internet, it might be easy to be attracted to products online. There is so much information readily available and over 11,000* mortgage products to choose from, but these types of things can get lost in translation. Therefore, seek advice! Yes, it […]

Short term finance (Bridging) was initially used as a way to mend a broken link in a housing chain and typically used to ‘bridge’ the gap between a house sale and completion. However, bridging is often also used for people buying at auction, to meet strict deadlines – usually of 28 days – for people […]

You have a default? A CCJ? Missed a payment or two here and there? Yes, the high street lenders will probably say they can’t help, but there’s plenty of others who will. These days, competition is very strong across the mortgage market and this includes helping those who have had a credit blip or two […]

In the eyes of many industry commentators and members of the opposition, the Help to Buy scheme sits somewhere between being the Governments greatest achievement within the housing market, and a potential reason why many house builders and the new build sector could crumble like a house of cards in the future. I’m focusing on the […]

It seems to be that you can’t turn on the TV without seeing an advert for Equity Release. This is one area of the market that continues to gain momentum. It gets a huge amount of airtime and column inches, yet its estimated to be just a £4bn part of a £260bn+ mortgage market and […]

There’s been a lot of talk recently about new technology, especially regarding the new ‘open banking’ opportunities and how your private transactions will come under scrutiny by lenders decision making computers, after you’ve given permission of course! The idea is that the lender can review your incomes, outgoings and all other financial items just from delving […]

Market conditions continue to cause huge uncertainty and as such, we’ve seen some lenders pull out of the market until more stable conditions return and others completely stop lending.  The most recent being Tesco Bank.  They announced that hey have ceased all new mortgage lending and are actively looking to sell their existing mortgage portfolio, to concentrate […]