So how will this affect Mortgage rates Variable mortgage holders rejoiced as they woke up this morning to the news that Bank of England has reduced Bank Base Rate to 0.25% from 0.75%. It is estimated £1million households should feel the benefit … [Read more...]
Mortgage and product news, best buys and tips
What’s next after a Decision In Principle (DIP)?
What happen’s after we have secured formal Decision In Principle (DIP)? … [Read more...]
Right to Buy Mortgage – Frequently Asked Questions
Lets answer some of your Right to Buy Mortgage questions Follow my recent youtube video which can be seen by clicking here a whole host of questions where asked by prospective Righ to Buy Mortgage clients so I thought I do another video and blog … [Read more...]
Mortgage Lenders Affordability Calculations
What is the basis of Mortgage Lenders affordability Calculations How National Statistics has become part of the mortgage assessment. Mortgages are loans against a property, and importantly failure to keep up with repayments can result in losing … [Read more...]
How Limited company Buy to Let rental calculations are assessed
In this article, I discuss the workings of a rental calculation for a Limited Company mortgage. Lets review how we work out Limited company Buy to Let rental calculations by a formula with two components: rental coverage and interest … [Read more...]
Are Low Deposit Buy to Let Mortgages worth it?
Lets compare 85%, 80% and 75% Loan to Value Buy To Let Mortgages. I’m a professional Mortgage Broker and in many conversations start by the potential customer stating “I want to purchase a buy to let using a mortgage with the least amount of … [Read more...]
How children affect mortgage applications
Solutions on minimising the impact of children on your Mortgage affordability. "Once upon a time" is how the children stories go: getting a mortgage with or without children made no difference. Then the mortgage affordability assessment was … [Read more...]
Mortgages for EU Nationals now Brexit has taken place.
The availability of mortgages for European Nationals after Brexit is an interesting subject. As we sit in February 2020 Brexit has been ratified. The next eleven months will shape the path ahead until this point there should not be any … [Read more...]
Getting a Mortgage with missed Mortgage Arrears in Scotland
Traditionally Scotland has not been as well served by the Specialist Mortgage Lenders. This has meant it's harder for applicants to obtain mortgages than for their counterparts South of the border. Try it FREE for 30 days, then £14.99 a month … [Read more...]
Buy to Let Mortgage Limited Company or Personal Name?
Mortgages criteria for both Limited Company or Personal Name options. Before I delve into the details can I start with the age old adage: "there's always two sides to a story", whilst Limited Company buy to lets are trendy, particularly on … [Read more...]
