A new Barclays mortgage product at 3.71% has been announced this week, becoming the latest in quite a few recent announcements from big UK mortgage lenders who are all dropping their rates below 4%. In recent weeks there has been a mortgage 'rate war' or sorts which...
NatWest buy-to-let mortgage products have been hit by some significant rate reductions this morning, giving a boost to both current and aspiring buy-to-let landlord investors. Over the last few years the buy-to-let market has taken a bit of a beating to put it...
This morning Santander joined the bandwagon of UK mortgage lenders dropping their rates below 4%, which is fantastic to see! The new Santander mortgage rates below 4% announced today stretch across their entire mortgage range and are likely to encourage a lot more...
The UK government has pledged to try and build 300,000 new homes every year by the mid-2020s. In this blog we will go through some of the most common questions people have when they first start looking at new build homes.
Our clients were looking to buy a property together and had put in an offer which had been accepted. Thinking it would probably be the easiest option, they went direct to their own bank to seek a new mortgage however our clients had some financial difficulty in the past and as a result they had defaults and missed payments on their credit files. When their bank ran a credit check on the clients it failed due to the adverse credit in the background and their bank was unable to offer them a mortgage.
Our client and her partner found an ideal property through a large house builder on a shared ownership basis and was looking forward to the prospect of owning her first real home. However, despite the excitement they both felt, they were also extremely nervous as she had been told plenty of conflicting information about the best way of getting a mortgage by the builder, her friends, and her own internet research.
Deposit. Probably the most common word you hear during the house buying process and, perhaps the one that makes people the most apprehensive. With any property purchase, unless you are lucky enough to buy in cash, you will need some form of property finance loan such as a mortgage. And, with any kind of mortgage, you will normally need to contribute some of your own funds towards the purchase.
2021 was the most first-time buyer saturated year in at least 10 years according to Halifax intermediaries coming off the back of a year of pandemic uncertainty.
Perhaps the oldest question in the book of mortgages, do I need a good credit score to get one? For years people have avoided getting a mortgage because of their ‘less than perfect’ credit score and hundreds of thousands of people have missed out on some perfect properties due to black and white mortgage lenders and inexperienced advisors.
The Nottinghamshire based building society, which has been managing its customers finances and lending money in the UK since 1869, has joined the lender panel of Primis meaning that Primis advisors and brokerages will now have access to The Mansfield’s range of residential and buy-to-let mortgage products.
Our clients owned a residential property that they would be selling to try and purchase their dream home. Unfortunately, the new property needed a major upheaval to make it liveable for the clients and their family.
Our client and his partner both owned separate flats and their intention was to sell both and use the joint equity to purchase one single property for them both to live in. Our client’s partner sold her property very easily however he was unable to sell his property due to it having cladding.
With rent at an all-time high and independence being at the forefront of every young person’s mind, buying your first home can really make you feel like you have taken a huge leap in life and achieved something. But unfortunately, it’s not always as straight forward as saving a deposit and getting a mortgage.
Our clients wanted to help their daughter in any way they could to purchase her first property. Our clients owned their own residential property which meant they would be liable to a large stamp duty tax if they went on a standard mortgage with their daughter.
Our clients had been living in London for several years and had toyed with the idea of moving away from the big smoke and raising their children in the countryside. However, a change in employment circumstances caused a big issue.
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.
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