Can you use RSUs, bonuses and share income when applying for a mortgage? Learn how lenders assess complex income and why choosing the right lender can make a huge difference.
Mortgage approvals reached a 15-month high while house prices continued to soften. Read the latest UK mortgage market update covering rates, affordability, remortgaging, and property market trends.
Discover how we helped a newly appointed executive secure a £750,000 mortgage while still in their probation period. Learn how lender criteria can make all the difference.
Buy-to-let affordability assessment stress tests and calculations have got extremely strict in comparison to where they were last year. Lenders have had to restrict their generosity with affordability assessments and increase their requirements at affordability stage...
Building society Skipton have sensationally announced that they are launching a new 100% mortgage product, that means that potential borrowers can get a mortgage for 100% of the value of a property, without having to contribute any deposit themselves! This is a very...
What Are Holiday Let Mortgages? It might seem like a fairly obvious answer, but it is definitely worth getting the basics down before we get into the real meat of holiday buy-to-let mortgage loans! A holiday let mortgage is a mortgage that allows you to rent out a...
Data released recently by the Bank of England has shown that mortgage approval rate in the UK has jumped significantly in the period from March to April 2023. A good sign that stability will return to the property market, if it hasn't already. The Bank of England, the...
Landlords have it easy, right? Buy a house, rent it out to someone, collect the money and sit back on your golden throne. Well that simply isn't true at all. And for 99% of people with rental properties, keeping a profitable rental property has become extremely...
The Bank of England's next monetary policy committee meeting is scheduled to take place on the 11th of May however, it seems that lots of lenders are already jumping the gun and introducing mortgage rate rises across their product offerings. Some lenders are also...
This week, and specifically in the last couple of days, we have seen a lot of mortgage lender changes being announced. Changes around mortgage interest rate increases, mortgage interest rate decreases, product withdrawals, product introductions, and changes to lender...
In recent times, we have noticed that there has been a significant shift in the market in terms of the length of time that people are taking a mortgage for. It used to be the case that a 25 or perhaps 30 year mortgage term was a standard number of years for someone to...
The property market is a strange beast at the moment, that is no secret. Things are more complicated than they once were when searching for that dream home. Mortgages were pretty chaotic for a few months at the end of 2022 and beginning of 2023 and are still...
As many people predicted, it looks like we have seen the first lender to raise mortgage interest rates since it was announced that UK inflation had only decreased marginally. Nationwide building society have announced that from the 26th of April they will raise...
Over the last 6 months or so, most mortgage borrowers will have seen a significant mortgage payment increase. This is because the current economic climate has made mortgage lenders increase their mortgage rates from record lows. For those lucky enough to have secured...
Over the last few months, the property market in the UK has been a little hostile to say the least. Interest in property has dipped and risen more frequently than a roller coaster as interest rates have peaked and dropped and peaked and dropped again. The cost of...
If you have any questions about UK mortgage news or anything you’ve read then please get in touch. We’d love to hear from you.