Guide to raising a deposit for first time buyers How much deposit do you need? The Consumers’ Organisation’s Which? magazine suggests that you need a deposit equivalent to at least 5% of the purchase price of the home you want […]
Mortgages when working for an umbrella company What are the pros and cons of working for an umbrella company? The principles – and advantages – of working for an umbrella company are described by the aptly-named website Umbrella. While we […]
Our Guide To Mortgages for Seafarers Why are mortgages for seafarers often difficult to get? The majority of mortgage lenders are accustomed to dealing with applications from individuals who have land-based jobs – on an employed or self-employed basis. Their […]
Our Guide to Mortgages for Older Borrowers Above the Normal Retirement Age Are mortgages for older borrowers readily available? Mortgages for pensioners – or those approaching retirement – are not readily available. They are a specialist product, the demand for […]
Our Guide To Mortgages For Properties With Annexes Why may it be difficult to get mortgages for properties with annexes? With the Valuation Office Agency reporting a recent 39% increase in the number of granny annexes alone in the past […]
Our Guide to LIFT Scheme Mortgages What is the LIFT Scheme? LIFT stands for – Low-cost Initiative for First Time Buyers (LIFT). Since the scheme’s introduction in 2007, it has helped more than 12,000 people buy their first home, says […]
Our Guide to Second Home Residential Mortgages Is a second home mortgage the same as a remortgage or buy to let mortgage? A second home mortgage is just that – a mortgage that enables you to buy a second home, […]
Our guide to limited company buy to let mortgages Our guide to limited company buy to let mortgages Landlords: why incorporate? Conventionally, there are a number of advantages in setting up a limited liability company rather than running your business […]
Our guide to buy to let mortgages income requirements Buy to let mortgages background Specialist buy to let mortgages have been marketed only since 1996, but already comprise around 14% of new mortgages currently being granted – according to statistics […]
Our Guide to Holiday Let Mortgages Can I use a BTL mortgage for a holiday let? If you are interested in investing in such a property, the likelihood is that you may also be interested in holiday let mortgages – […]
Our Guide to Joint Borrower Sole Proprietor Mortgages What are joint borrower sole proprietor (JBSP) mortgages? At face value, these appear to be complicated but in reality, they are quite straightforward. It might be best illustrated by considering a typical […]
Our guide to self-employed mortgages Our guide to self-employed mortgages Self-employed mortgages – or mortgages for the self-employed? Perhaps the first part of the myth that needs to be dismissed is that there are such things as self-employed mortgages – […]
Our Guide to Self-Employed Decreasing Profits Mortgages What are self-employed mortgages with decreasing profits? You might see these self-employed mortgages described under a just that term, but the reality is that, whatever your employment status, a mortgage is a mortgage […]
Our Guide to Sole Trader Recently Gone Limited Mortgages Why incorporate your sole trader business? The following are some of the advantages in turning your business as a sole trader into a limited liability company: a limited company is an […]
Our Guide to Expat Mortgages Why can it be difficult to get mortgages for expats? Mortgage lenders typically base their decisions on whether to advance, as well as the potential sums they will lend (called the loan-to-value ratio or LTV), […]
Our Guide to Mortgages for Foreign Nationals Why can it be difficult to get a mortgage as a foreign national? Applying for a mortgage is a process that requires a potential lender to meet both regulatory requirements and their own […]
Our Guide to Getting a Mortgage with a Foreign Non-EU Applicant How can I be eligible to apply for a UK mortgage as a foreign Non-EU applicant? The first point to be absolutely clear on is that mortgage lenders in […]
Our guide to remortgaging for divorce settlements Considering your options Faced with the prospect of the upheaval of divorce, there are probably a million and one things to consider, but what happens to the matrimonial home is for many people […]
Our Guide to Day 1 Remortgages Why may I need a Day 1 remortgage? There are a number of reasons why you might want to mortgage a property almost as soon as you have bought it. Some of the most […]
