https://youtu.be/UexOq36-PrY New Stamp Duty Holiday Residential & Buy to Let Rules Stamp Duty Land Tax (SDLT) cut could cost the government as much as £3.8bn in revenue. “The government will temporarily increase the Nil Rate Band of … [Read more...]
Mortgage and product news, best buys and tips
First time buyer 10% deposit mortgage in Summer 2020
90% loan to value mortgage in the UK with 10% deposit required by the lender As a first time buyer looking for a 10% deposit mortgage you probably feel you are ready to go however the Summer 2020 has re-shaped matters and bought some concerns into … [Read more...]
How do loans stop you getting a mortgage and what you can do about it
How do loans stop you getting a mortgage? How do loans stop you getting a mortgage is a more detailed subject than it may first appear. As a consumer you are often encouraged to take out loans to fund cars, PCs, TVs, study and furniture but often … [Read more...]
How Mortgage overpayment facility works to save you money
Use Mortgage overpayment without changing your product and contract. In this article, I reveal the impact of how adjusting your mortgage repayment strategy using Mortgage overpayments can substantially financially benefit you rather than the … [Read more...]
Remortgage a residential property to buy another
5 Things to consider when you Remortgage a residential property to buy another Releasing equity to buy another property using a remortgage is common in the UK but it is not always as straight forward as you may think. I’m a professional Mortgage … [Read more...]
Niche Mortgage Information
Speak directly to the experts - we are FCA regulated Mortgage Brokers dealing with Niche Mortgage Information every day. Niche Advice is a Financial Conduct Authority (FCA) regulated Mortgage Broker and helps customers obtain niche mortgage … [Read more...]
How long does a mortgage Offer last for?
Mortgage Offer times for Major UK Mortgage lenders. A mortgage Offer sets out the basis of a mortgage contract. There may be certain conditions to fulfil ahead of Completion such as pay off debts to make the mortgage affordable; and there is also … [Read more...]
Who runs a soft and hard credit checks at AIP
What you need to know about an Agreement In Principle AIP also known as a Decision In Principle DIP The earliest stage in a mortgage is an agreement in principle (AIP) and it can involve a credit check depending on the Mortgage Lender. “An … [Read more...]
Interest only mortgage – Is it a bad idea?
Is getting an Interest only mortgage a bad idea? An interest only mortgage does want it says on the tin, you are not repaying the money you’ve borrowed, simply paying for the privilege of doing so. Its’s common for a residential mortgage to be … [Read more...]
What is a repayment mortgage?
How taking out a Repayment Mortgage will affect you. With a repayment mortgage you are repaying the loan instalments, along with interest being charged for borrowing the money, so that at the end of the term you have paid off the mortgage in full. … [Read more...]
