Repayment

First time buyers guide to getting a mortgage

First time buyers guide to getting a mortgage

A steady income and a small deposit used to be all you needed to get a foot on the property ladder. Then the banking crisis hit and all that changed overnight. First time buyers now face bigger challenges than ever before in securing a mortgage, but never fear – the mortgage products are still out

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Harder to get a mortgage now

Harder to get a mortgage now

New rules that came into force at the end of April could make it harder to get a mortgage now. The changes have been brought in to prevent home owners taking on excessive loans and it means lenders will now look more closely at your finances. Before the financial crisis, banks were less strict about

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What is a repayment mortgage

What is a repayment mortgage

Getting a mortgage can be a time consuming and difficult task, especially if you’re a first time buyer tying to get on the ladder. There are different types of mortgages, each with their own advantages and disadvantages that you need to be aware of. As it’s one of the most important decisions you’ll ever have

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mortgage lending

New mortgage lending rules

The government has been tinkering with legislation again. This time in relation to new mortgage lending rules. It is a further attempt to prevent another wholesale collapse of the housing market, and simultaneously help homeowners make responsible decisions about debt. The new rules came into force on 26th April this year. Here is a simple

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Buying a listed building

A listed building is one that has been awarded special status due to its architectural or historical interest. A listed building is afforded certain protections from alterations that may cause the reason for its interest to be damaged in some way. The older a building is, the more likely it is to be listed. It

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Mortgage UK

Could you afford to overpay your mortgage

Your mortgage is one of the most expensive thing you will ever buy and also the longest term loan you’ll ever have to borrow. With today’s uncertain economic climate, it can be a worry getting tied to a mortgage for the foreseeable future, as most last for at least 25 years, but some up to

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