Tag: first time buyer

Even on Furlough, lenders may consider you for a mortgage

Just because you’re on the Furlough Scheme (or have been on it), does not necessarily mean you cannot get a mortgage. Several lenders have issued guidelines to accommodate those on Furlough and will offer mortgage products to them. Especially clients looking to stay with the same lender and do what is called a ‘product transfer’. […]

Completing a fact find and be mortgage ready!

First-time buyer or home mover? Either way, know the process and be mortgage ready! 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, you can shop around and should make sure that you speak to an independent mortgage […]

Be aware of your mortgage rate and options

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 […]

Are you financially prepared for the year ahead?

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 […]

Your mortgage broker should ‘get to know you’…

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 […]

Don’t be loyal to your current mortgage provider when rates are so low, think of number one!

It really appears to be a race to the bottom!  In the last few weeks, we’ve seen five year fixed rates available from 1.45% and two year fixed rates starting from just 1.19%.  Obviously, terms and conditions apply based on individual circumstances, but if you’re looking to change your current mortgage, use the uncertainty across […]

Shared Ownership popular outside of London

Help to Buy has benefited from an increased profile in recent times (probably due to the impending closure date!) and this has helped more FTBs recognise its attributes – which is a good thing – although it’s prudent to point out that it should not be considered an all in-compassing solution.  And, on the flip side, […]

Looking at Buy to Let? Visit the Property Investor Show

If you are contemplating moving into the Buy to Let sector (buying a property to rent out), then I would recommend making a visit to the Property Investor Show that takes place on 4th and 5th October at the London ExCeL Centre.  There will be over 100 exhibitors and over 50 seminars that will assist in answering all your […]