Precise Mortgages has expanded its residential mortgage criteria, including interest-only lending up to 75% LTV, consideration of flats above 20 storeys and wider age and income eligibility. We explain what’s changed and who could benefit.
You don’t legally need a Mortgage in Principle to make an offer on a house, but having one can strengthen your position as a buyer. Here’s when to get an AIP, what it proves and what happens after your offer is accepted.
UK mortgage rates continued to rise between the 7th and 14th of September 2026, but new data suggests buyer demand may be starting to improve. Here’s what changed this week and what borrowers should watch next.
Buying your first home can feel like stepping into the unknown. With rising property prices, changing mortgage rates and complicated legal processes, many prospective buyers feel unsure about where to begin. To help clarify some of the most common concerns, Heidi...
UK Mortgage Market Update – 9 March 2026 This weekly UK mortgage market update explains what’s happening with mortgage rates, housing trends, and what it means for borrowers right now. The UK mortgage market saw some important developments this week as global economic...
Case Study: Helping a Self-Employed Buyer Secure a Mortgage After Their Bank Declined This mortgage case study is based on a real client scenario. Details have been simplified to protect client confidentiality. Self-employed borrowers often find applying for a...
What salary do you need for a £500k mortgage? For many UK borrowers, a combined or individual annual income of approximately £100,000–£125,000 provides a useful starting point, based on lenders offering between 4 and 5 times income. However, some lenders offer higher...
Should you fix your mortgage for 2 or 5 years? Compare the pros and cons, costs, flexibility, early repayment charges and key considerations for UK borrowers in 2026.
UK Mortgage Market Update – 2 March 2026 The UK mortgage market continues to shift as expectations around interest rates change, mortgage pricing stabilises, and house price data shows renewed momentum. Here’s what happened this week, and what it means if you’re...
How We Helped a London Buyer Borrow £80,000 More Than Their Bank Offered The Situation Our clients were a London-based professional couple looking to buy their next home with a required mortgage of £700,000. They had strong incomes and a solid deposit in place, but...
How much do you need to earn for a £400k mortgage in the UK? As a general guide, a household income of around £80,000–£100,000 could support borrowing £400,000, based on income multiples of 4–5 times salary. Some lenders may consider lower incomes where higher...
Should I wait for mortgage rates to fall? This week’s mortgage FAQ answers one of the most common questions we’re hearing from buyers and homeowners right now. Many people are wondering whether they should wait for rates to fall, or act sooner. Here’s what you need to...
UK Mortgage Market Update – 23 February 2026 The UK mortgage market continues to shift as inflation eases, interest rate expectations change, and house prices show signs of renewed momentum. Here’s what happened this week, and what it means if you’re buying,...
To borrow £300,000, you would typically need a household income of around £66,667 if a lender offered 4.5 times your income. At 4 times income, you would need £75,000, while a lender willing to consider 5 times income could potentially lend £300,000 on an income of...
We helped a client to secure a £1 Million+ mortgage with bonus income within 7 working days. But, it wasn't as simple as it might seem. The Challenge A client with strong earnings needed a large mortgage quickly, but their income structure included variable bonus...
