How much deposit do I need to get a Mortgage with a CCJ This article is about obtaining mortgage finance if you have a county court judgement (ccj). It is aimed at residential mortgage customers who want a conventional mortgage; it is not open to … [Read more...]
Mortgage with bad credit Update July 2015
Getting a Mortgage with Bad credit including CCJs, Default, Missed payment and debt management plans. Residential and Buy to Let Mortgages with Bad Credit Missed payments on loans and Credit cards County Court Judgements (CCjs) And … [Read more...]
Halifax withdraws its 1% cashback first-time buyer mortgages
Halifax in a shock withdrawal of its 1% cashback mortgage incentive for first-time buyers only giving a few hours for full application to be submitted. I was very disappointed to read an email timed at 4 O’clock this afternoon notifying us that … [Read more...]
5 things you need to know about getting a mortgage with a Visa
If your a Foreign national looking to get a mortgage with a Visa you really need to read my tips 1. Not all brokers are the same When it comes to foreign national mortgages and getting mortgage with a Visa things are likely to be different … [Read more...]
HMRC SA302 & Tax Year Overviews for getting a Mortgage
Evidencing income you self-declare tax on - SA302 & Tax Year Overviews for Mortgage Lenders. A HMRC SA302 & Tax Year overviews will be required for any given year requested. Please read below … [Read more...]
Woolwich Mortgages have made another change to their affordability criteria
Woolwich will now lend up to 5 times income for certain type of mortgages. Surprise, surprise Woolwich Mortgages have decided to change their mind again and put in yet another income multiple revision. Historically Woolwich mortgages was one of the … [Read more...]
Abbey – Santander changes Mortgage income rules for First Time Buyers
Bad news as Abbey - Santander changes Mortgage income rules for First Time Buyers to 4.49x income. As if things where not bad enough we have seen yet another lender real under pressure of the regulators by introducing even more prudent loan to … [Read more...]
Guide to getting a Mortgage for self-employed applicants
2015 guide on getting a Mortgage for self-employed applicants. A must read for all entrepreneurs looking to buy property. Following the regulatory mortgage market review (MMR) last year the lenders have implemented changes to the way they assess … [Read more...]
Different lenders affordability criteria
Where do I stand on the lenders affordability criteria, following all the changes in recent months? Maximum affordability is the ‘real issue’ facing the UK mortgage market, and not rates. In this article I will explain why rate has become secondary … [Read more...]
Woolwich limits income multiples for applicants with less than 20% deposits
This message only relates to applicants with less than 20% deposits with Woolwich who will see there income multiples reduced. Woolwich are the latest lender to succumb market pressures and have reduced their loan-to-income ratio to a maximum of … [Read more...]
Uk’s Cheapest 10 year fixed mortgage
Niche Advice and Woolwich for Intermediaries offers Uk’s Cheapest 10 year fixed mortgage at 2.99% From tomorrow 07/01/2015 we are introducing the UK’s lowest ever 10 year fixed rate mortgage at 2.99% for residential loans up to 60% LTV. The … [Read more...]
Buy to Let Mortgage without early repayment charges
Godiva Buy to Let Mortgage without early repayment charges and free valuation from 2.55% The Godiva Buy to Let Mortgage without early repayment charges product is very attract to buy to let landlords as it provides them with the flexibility at a … [Read more...]
Buy to Let 5 year fixed rate 3.75% rate
Post Office for Intermediaries Buy to Let 5 year fixed rate 3.75% rate The Post Office for Intermediaries Buy to Let 5 year fixed rate 3.75% rate is designed to attract buy to let landlords with the long term security of a low set payments. The … [Read more...]
Stamp Duty Calculator
Stamp Duty Calculator from HMRC The good people at HMRC have been kind enough to produce a stamp duty calculator which takes into account recent changes. I like this calculator as its simple and enables you to put the exact date of completion in and … [Read more...]
Auction Bridging Finance Rates
A break down of our Auction Bridging Finance Rates and products We all know purchasing a property at an auction can be very lucrative but the process is time-sensitive, as such standard mortgages usually fail to cater for auction properties. … [Read more...]
