Precise Mortgages has unveiled a new mortgage range offering up to six times your income, alongside loan-to-value (LTV) ratios of up to 95%. This move could transform the borrowing potential for first-time buyers, home movers, and remortgagers who have struggled to...
Metro Bank has officially launched into the HMO mortgage and Multi Unit Freehold Block (MUFB) markets, bringing a fresh wave of opportunity for UK landlords and property investors. This strategic move comes at a crucial time, as demand for HMO properties continues to...
The mortgage market and property markets in the UK have experienced significant changes in recent years, influenced by a multitude of economic factors. Terms like "interest rate fluctuations," "gilt yields," and "cost of living pressures" are now being used in...
For hundreds of years, mortgages were pretty black and white. You want to buy a property but don't have the money to pay for it in full, so you borrow money from a lender and pay them back. Normal straight forward mortgages are given based on the borrowers income,...
Purchasing a property for the sole purpose of letting it out for short term holidays or short term business breaks has become increasingly popular in recent years, thanks primarily to the holiday let conglomerate Airbnb. So what do you need to do if you want to...
Key facts: Clients were both foreign nationals, originally from countries outside of the UK. One is an EEA national and the other was not. They moved to London a few years ago and had been renting for a while. Now that they had both established themselves in the UK...
According to several sources from Whitehall, Prime Minister Liz Truss's government are due to announce a stamp duty cut on property purchases in their Friday mini budget announcement. What Is Stamp Duty Tax? For anyone who doesn't know what stamp duty is, stamp...
When it comes to getting a mortgage, there are a few rules and regulations that you need to follow and different lenders have different criteria. Each lender's criteria helps safe guard themselves from potential risks when lending money and also safe guards...
According to a statement from the Centre for Economic and Business Research, house prices are expected to fall in 2023, giving hope to potential buyers who are being priced out by inflated figures. But potential bad news for people looking to sell! The CEBR...
Young People Are Paying A Lot More On Their Mortgages Comparison website Uswitch have released figures this week from a recent study, that show young people are shockingly paying a disproportionate amount more per month on their mortgages that older people. According...
Official government figures released this week show that the amount of new build homes being built in the UK has risen by 21%, indicating that there is no slow down in the demand for buying new properties....or, is this just wishful thinking from the...
In our previous two blogs, we answered the internets most common questions about the mortgage and the home buying process. Another extremely important of getting yourself financially secure and organised, is to make sure that you have the right relevant personal...
Recent market analysis by Savills estate and letting agents suggests that new buyers and home movers are significantly reducing their property budgets because of the rising cost of living, increasing interest rates, tougher mortgage affordability rules, and spiralling...
In our blog from earlier this week, we answered some of the internet's most common questions about the mortgage process when buying a property. A lot of new home buyers have questions around the process outside of mortgages too. So we thought it would be useful...
Looking to move home and in need of a mortgage? Already happy with your mortgage lender and deal and don’t want to go through the hassle of applying for a completely new mortgage? Ever heard of mortgage porting? Porting your mortgage is a good borrowing...
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.