Looking for a mortgage broker in London? Learn how brokers help you access more lenders, borrow more, and secure the right mortgage.
Looking for a mortgage broker in London? Learn how brokers help you access more lenders, borrow more, and secure the right mortgage.
In most cases, you’ll need a household income of around £140,000–£175,000 to secure a £700k mortgage in the UK, depending on your deposit size, income structure, and lender affordability rules. Below, we break down realistic salary scenarios, lender calculations, and...
Find out how much you can borrow for a mortgage in the UK based on income, deposit and lender affordability rules.
Following a press release this morning given by the new Chancellor of the Exchequer Jeremy Hunt, confidence has returned slightly to the market. But many don't think that this will cause any drop in mortgage rates to occur. Jeremy Hunt, the newly appointed...
A report issued out to the public yesterday by mortgage lender Santander shows that an increasing number of property purchasers are willing to pay more for energy efficient homes as the increased costs to heat and power a property starts to impact the general...
For most mortgage borrowers, the sensible thing to do has been to fix your mortgage product and rate for a certain period of time. Most lenders will offer products that you can fix for 2, 3, 5 or 10 years. Fixing your mortgage rate means that you will have confidence...
Recent research has shown that the average monthly cost of a variable rate mortgage, in comparison to the more commonly utilised fixed rate mortgage, has increased by 13.3% and is only likely to increase as rates jump up and up. What Is A Variable Rate...
Virgin Money, the banking arm of Richard Branson's Virgin Group have been the latest in a swarm of mortgage lenders to announce new rate increases to their residential and buy-to-let products. In recent weeks and months, mortgage lenders have been bumping up...
Santander have announced that they will now be offering mortgage products of up to 95% LTV, or mortgage products where the borrower will only need to contribute a 5% deposit. This re-introduction of 95% mortgage lending by Santander is a huge game changer for...
"Rising mortgage costs mean significant house price drop is inevitable", claims economic research organisation Capital Economics in their recently released report on the state of the housing market. Is a significant reduction in house prices really on the way...
Your current fixed mortgage deal might not be up for renewal anytime soon, but is it worth biting the bullet and paying the lender's early redemption penalty to secure a new mortgage deal now? Last week the mortgage market fell into chaos as lenders started...
This morning, The Exeter building society Head of protection distribution Jamie Page sent a message out to all mortgage and protection brokers. In the message he presented a dossier of reporting's that he and the building society have made in regard to...
The latest news coming out of number 10 today is that, in an attempt to fix the damaged and struggling mortgage market, the government is looking into different property purchase schemes and how they are being utilised. One of these schemes on the table for discussion...
As financial advisors, we are passionate about taking care of people and making sure that we can help make people's lives better financially in any way we can. So, with this mentality at the forefront of everyone in the office's minds, we wanted to extend our...
What on Earth is going on with the mortgage market at the moment? Lots of conflicting stories on the news and people claiming banks have cancelled their mortgages and now charging them 10% interest to re-apply. In a change up to our usual blog format, one 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.