News

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...] about How do loans stop you getting a mortgage and what you can do about it

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...] about How Mortgage overpayment facility works to save you money

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...] about How long does a mortgage Offer last for?

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. Please note … [Read more...] about Who runs a soft and hard credit checks at AIP

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...] about Interest only mortgage – Is it a bad idea?

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...] about What is a repayment mortgage?

Furloughed what happens with getting a Mortgage I am a professional Mortgage Broker and in this article I cover the topic of furloughed workers in relation to obtaining a mortgage. I don't know about you but until a few weeks ago I was unware … [Read more...] about Furloug Mortgage Process

Property visits by Surveyors are suspended under Government “stay at home” guidelines. What this means for all Mortgage Valuations & Surveys. Many lenders have pulled back from hight to loan to value lending. but some can run desktop … [Read more...] about Mortgage Valuations Problems during COVID 19 Crisis Tips on what to do.