Choosing the right mortgage is a crucial decision that impacts your financial well-being for years to come. Homeowners have a variety of mortgage types to consider, each with its features and benefits. This blog delves into three popular types of UK mortgages: interest-only, fixed-rate, and repayment mortgages. By understanding the characteristics of each, you can […]
Mortgage
The Bank of Family And Its Impact On The UK Housing Market
The bank of mum and dad has expanded to become the bank of family. Its expansion has enabled it to underwrite an even bigger percentage of the UK’s mortgages. This means it has developed even more influence on the UK’s property market. This influence is, however, somewhat controversial given that not everyone has access to […]
Why Remortgages Should Often Stay With Their Current Lender
As a rule of thumb, when you renew any contract, you should be prepared to move from your current provider. That does not, however, necessarily mean that you should move from your current provider. In fact, if you’re remortgaging, there can be a lot to be said for staying with your current lender. Here is […]
Decoding the Stress Behind Mortgage Applications
Acquiring a home is a monumental life milestone, and for most, it necessitates navigating the labyrinth of mortgage applications. However, what should ideally be an exciting journey into homeownership often becomes a source of stress and anxiety. In a revealing statistic, two-thirds of mortgage applicants find themselves grappling with stress during the application process. Let’s […]
The importance of getting good mortgage advice
The more important a decision is, the more important it is to get it right. For the average person, buying a home, even a starter flat, is a huge financial commitment. This means that although the difference between the right mortgage for you and the wrong mortgage for you may boil down to fine details, […]
How To Speed Up The Home-Buying Process
For many people, just being able to start on the home-buying process is a significant milestone. It’s therefore understandable that you’ll want to move as quickly as possible. In some cases, you may also be up against time pressure. Here is a quick guide on how to speed up the home buying process and when you shouldn’t. If […]