Category: Blogs

In historic columns I have used the word ‘panic’ to describe the possible rush to secure a good mortgage deal before they vanish when rates rise. It’s not quite at that stage just yet, but we have seen some rate rises this week from both Santander and TSB. However, there is another important term I […]

In recent months there has been some much-needed attention drawn to customers who have experienced some type of adverse credit. Many specialist lenders and building societies are leading the way both in terms of the education process and through some innovative and highly competitive product ranges. There is no hiding from the fact, or should […]

And so another year begins, have you made any resolutions?  If not, make one to review your mortgage!  Now that the election is out of the way and we have a ‘clearer’ route to Brexit, lenders will look at their strategies for the next few years and I’m sure somewhere in those plans will be reviewing their […]

This time last year, I was predicting that we’d have got over the shenanigans of Brexit and be moving forward in to the unknown, yet positive, challenges that lie ahead. How we can be no further forward still is beyond me. But at the same time, I can’t believe the year has gone and I’m […]

There is a wide range of mortgage calculators and affordability calculations available which will help you to find out ‘How much can you borrow?’. However, the only true response will be from the lender and normally only once they have carried out a credit search and reviewed your credit score. Only a few years ago, […]

The Financial Conduct Authority recently issued its statement around those it considers to be a ‘mortgage prisoner’. It is estimated that around 140,000 people with mortgages are currently classed as mortgage prisoners (although some have quoted this to be as high as 500,000).  This means that the customer could be with a lender who is no […]

The festive period is traditionally a time for giving, but for some people – especially those with a family to support – it can prove to be a difficult one to successfully manage. It is a season where we see more people, from all walks of life, seeking some form of supplementary borrowing, a factor […]

Actually placing a mortgage with a lender is not normally difficult. The hardest part, in the recent climate, is getting the mortgage through to completion! However, a number of lenders are happy to think outside the box and take a manual approach to lending.  One recent example was with the Harpenden Building Society who helped complete […]

Arranging a mortgage can take time.  But actually, the process, regardless of whether you are a first time buyer, home mover or simply re-mortgaging, will be roughly the same.  On any new purchase, the selling agent will seek to agree a number of deadlines with you, including the arrangement of mortgage finance. At this point […]

Some mortgage lenders are sending out letters to those coming to the end of their product term offering them new rates, but giving them a time deadline in which to switch.  We had one customer recently who was four months out from their current rate changing from a fixed rate and moving on to the […]