Buying a new-build home can present unique mortgage challenges. Discover how we helped a client secure their mortgage before construction was complete and kept their purchase on track.
For many homeowners, a large amount of wealth is tied up in their property. As property prices have increased over time and mortgage balances have reduced, many borrowers now have substantial equity in their homes. Remortgaging to release equity allows homeowners to...
Being paid weekly doesn’t usually stop you getting a mortgage. Discover how lenders assess weekly income, overtime and affordability in our latest FAQ guide.
According to an announcement sent out to all brokers this morning, Halifax is set to make a significant change to its lending policy from Tuesday the 1st of August 2023. The bank will be increasing its maximum working age for mortgage applications, allowing customers...
Effective from 28th July 2023, NatWest, one of the UK's leading mortgage lenders, is introducing new enhancements to its' valuation process to facilitate borrowing against properties in England constructed using cladding. These revisions aim to streamline the mortgage...
In the midst of the ongoing mortgage crisis and economic crisis in general, experts and policymakers are turning their attention to new solutions to alleviate the burden put on homeowners and hopefully revive the housing market. One potential measure gaining traction...
Good news for prospective home buyers! Barclays, one of the big six of UK's leading mortgage providers, has announced a substantial reduction in mortgage rates for home buyers, hopefully making homeownership more affordable and accessible moving forward. The move...
Last week it was announced, to much joy and relief, that inflation in the UK had fallen to a level below what was initially predicted. The Bank of England are currently aiming for an inflation rate of 2%. Despite drastic measures being taken with interest rate rises,...
In a move that may impact both new and existing borrowers, Santander for intermediaries has recently made adjustments to its mortgage rates and products. The high street bank's broker-only arm has raised selected residential and landlord rates, prompting reactions...
Skipton, one of the leading mortgage providers in the UK, has announced significant changes to its buy-to-let criteria, affecting landlords across the UK. The modifications include adjustments to the Buy-to-Let Stress Rate for different fixed-term products. The stress...
In the 12 months leading up to May 2023, the UK property market experienced a moderate increase in average house prices, according to the latest data released by The Office for National Statistics (ONS). The report indicates that the average house price across the UK...
This afternoon, mortgage lenders NatWest and Coutts, have announced rate increases on their mortgage products, despite the recent drop in inflation to 7.9%. The decision has left many customers puzzled, as the current economic climate suggests that there could soon be...
When it comes to mortgages, there are various types available to suit different financial situations and goals. Sometimes a standard repayment and interest loan is neither beneficial or appropriate for a borrower, and alternative repayment methods might be more...
The UK mortgage market has witnessed its fair share of fluctuations in recent months, with interest rates playing a pivotal role. As homeowners and prospective buyers seek stability and affordability, the question on everyone's minds is whether we are headed for seven...
In an exciting development for prospective homebuyers and existing mortgage holders, TSB has announced significant improvements to its lending criteria. Effective from the 13th of July 2023, the changes aim to enhance affordability and accessibility for borrowers....
