Mortgages tend to be for significant amounts of money. They are always for an important purchase, namely the roof over your head. For both of these reasons (and many others), it’s important to stay on top of your mortgage deal. In particular, it’s vital to plan ahead of your fixed rate ending. Understanding the risks […]
Busting remortgaging myths
Remortgaging can seem daunting, especially with all the myths and misconceptions surrounding the process. Many people are unsure about whether they should remortgage, when they should do it and what their options are. This article will therefore explore some common remortgaging myths and clear them up for you. Myth 1: Income from multiple sources disqualifies […]
What happens when your mortgage deal expires
Understanding what happens when your mortgage deal expires is crucial for homeowners. Failing to take action can result in being transferred to a higher standard variable rate (SVR), leading to increased interest payments. This article explores the implications of mortgage expiration and highlights the role of a mortgage broker in finding the right solutions for […]
100% Mortgage Fears
The resurgence of 100% mortgages has raised concerns in the housing market. While they offer an opportunity for buyers with limited savings to enter the market, the return of these high loan-to-value mortgages has sparked worries about potential risks and their impact on housing market stability. The risks of high loan-to-value mortgages High loan-to-value mortgages, […]
Understanding Negative Equity And How To Avoid It
Negative equity is when your home is worth less than what you owe on your mortgage. Short periods of negative equity may be uncomfortable but can be tolerable. Extended periods of negative equity can, however, be hugely challenging. You should, therefore, do everything you can to avoid it. Here are four tips to help. Never […]
Top Tips For Minimising The Stress Of Moving
Moving house can be one of life’s most overwhelming experiences but it doesn’t have to be. The key to minimising stress is to plan out your move in advance. Then delegate as much as you can. Here are some tips to help. Make a list of your tasks One way to do this is to […]