London is a great city...in fact, ask a resident and they will most likely tell you that it is the greatest city in the world! Yes, we might not have the best weather all the time, we might not have the white sand beaches and crystal blue oceans, but there is...

One of the biggest issues that new borrowers and existing mortgage owners struggle with nowadays is mortgage affordability. Yes, you may be able to afford a £1,000 a month rental payment or your existing mortgage of £2,000 a month, but unfortunately this means nothing...

New data released by E.surv in their June 2023 House Price Index confirms that UK house price growth has slowed again for the 10th month in a row. What does this mean exactly? And what can we expect from UK house prices moving forward. Is owning a property right now...

In a somewhat concerning development for prospective home buyers and existing borrowers, two-year fixed mortgage rates in the UK have climbed to their highest level since the 2008 financial crisis. Also surpassing the peak at the release of the mini-budget. Recent...

Taking a slightly different angle to the mortgage news that most people are reporting about people struggling to pay their mortgages and record high interest rates, we are going to talk in this blog about people who can afford to make mortgage overpayments on their...

Halifax for intermediaries, the lending channel accessible only by mortgage brokers, have announced a new initiative to support mortgage applications for  high net worth mortgages. Referred to as 'premier customers', mortgages for higher loans need extra care and...

Today mortgage lender Accord Mortgages announced that they will now offer Joint Borrower Sole Proprietor mortgages. This new revelation from Accord is great news for people looking to purchase their first property, who might fall short of the regular high mortgage...

Specialist mortgage lender Precise Mortgages, part of the Charter Court Financial Services Group, has announced that they are pulling their current buy-to-let and residential product ranges and will replace them with new updated products. It seems that the lender...

It’s worth as much as someone is willing to pay… or is it? This week we have had three separate property purchase cases where properties have been significantly down valued by the lender's valuers at mortgage application stage. What does a property down valuation...

New figures on average UK mortgage rates released by Uswitch this afternoon show that some rates have increased by as much as 0.50% in a week. This latest shocking change, specifically to variable mortgage rates comes after several weeks of constant rate increases and...

For a number of years now, shared ownership has been gaining traction and becoming more and more popular for younger buyers. Despite recent drops in property prices, the average price of a property in the UK is over £250,000 and in places like London this is doubled...

The UK finds itself somewhat in the middle of a mortgage crisis. Mortgages are becoming more and more expensive and people are struggling to keep up with rising mortgage interest rates and repayments. We hear a lot about residential borrowers in the news, but often...