In this post I will try to clarify what documents are needed in order for you to get a mortgage. Please can I start by stating that since the FCA Mortgage Market Review (MMR), the level of documentation … Read More →
News
Mortgage with a criminal record
Tips on getting a Mortgage with a criminal record and how to source the right mortgage in the UK if you have been to prison. I am a firm believer that people who have paid their price should … Read More →
Why its time to Remortgage to a fixed rate
5 year Fixed Mortgage rates from 2.44% maybe its time to Remortgage to a fixed rate now In recent years remortgages have not been as popular as they once were as rates have been so low, however both … Read More →
Buy to let Mortgage Limited Companies
Key points on Buy to let Mortgage Limited Companies and how the finance side of things work Following the budget landlords have been turning to limited company wrappers for their portfolios but is there only an upside? Moving assets … Read More →
Deposit levels needed to get a Mortgage with a default
Your guide on getting a Mortgage with a Default. Read below about how much deposit you need and what are the maximum limits on past defaults. The good news is I specialist in mortgages for customers with defaults on … Read More →
Deposit levels needed to get a Mortgage with a CCJ
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 … 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 Defaults Unsecured … 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 … 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 … Read More →
HMRC SA302 & Tax Year Overviews for getting a Mortgage
In short: An SA302 is the official HMRC tax calculation that summarises the income and tax you declared for a tax year. Mortgage lenders pair it with the matching HMRC tax year overview to verify self-employed or self-declared … 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 … 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 … 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 … 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 →