Can you get a mortgage using retained profits?
Are you looking for a mortgage that uses your retained business profits? You’ve come to the right place! We understand how important it is for business owners to access their hard earned money, and our team of expert brokers have ...
How is a CIS mortgage calculated?
By using your gross, rather than net, income, CIS mortgages often allow you to borrow more than you might with a traditional mortgage. Plus, you can qualify with just a few months of payslips, making this a great option for ...
Can a joint mortgage be transferred to one person?
When it comes to owning a property, things can sometimes get complicated, especially when it comes to mortgages. One of the most common complications is when there is more than one person on the mortgage, and one of them wants ...
How to buy someone out of a house
If you own your home with someone else, at some point you may need to consider buying them out, such as in the event of a divorce. According to the Office for National Statistics, over 80,000 divorces were granted in ...
How to change an interest only mortgage to repayment
Many borrowers who have an interest-only mortgage may consider switching to a repayment mortgage. This is because while interest-only payments are lower, it can cost more in the long run and the repayment vehicle may not always be reliable. This ...
Can you change your mortgage to interest only?
Are you looking to change your mortgage from repayment to interest only? If so, you’re not alone. Many homeowners in the UK are considering this option as they try to find ways to reduce their monthly payments and make their ...
Interest only mortgage vs repayment: Which is best?
When it comes to choosing a mortgage repayment method, there are a few different options available to borrowers. Two of the most popular types of mortgages are interest-only and repayment. Both have their own set of advantages and disadvantages, and it’s important ...
Unlock the Benefits of An Offset Mortgage
Have you ever considered the benefits of an offset mortgage? This type of loan allows you to link your savings directly to your mortgage, allowing you to reduce your interest payments and save money over the long term. In this ...
Maximising rental income through property conversion
Increasingly, landlords are taking advantage of the rising popularity of flats by splitting a large house into multiple units. The process of converting a house into flats will depend on local planning permission and building regulations, so landlords should always ...
Are second charge mortgages regulated?
If you’re a homeowner in the UK, you may have been considering a second charge mortgage. But are they safe? Are they regulated? In this article, we’ll answer those questions and explore the ins and outs of second charge mortgages ...
How do you buy out a partner in a mortgage?
Are you looking to buy out your partner in a mortgage, but unsure of how to go about it? This process is known as a transfer of equity and it can be a complex process with many different options to ...
What kind of mortgage do you need for Airbnb?
Are you a landlord looking to make money from Airbnb rentals in the UK? If so, it is important to understand the type of mortgage you need for your property. With more and more people turning to short term rental ...
Are self cert mortgages still available?
Self-certification mortgages were once a popular option for individuals in the UK who were self-employed or had complex income streams. These mortgages allowed borrowers to self-certify their income without providing extensive documentation or proof of earnings. However, the availability of ...
Should you get mortgage advice from your bank?
Mortgage advice is an important decision that can have long-lasting effects on your financial well-being. When considering whether to get mortgage advice, one option is to go to your high street bank. However, another option is to seek advice from ...
Who would need a day one remortgage?
Day one mortgages are designed to help people remortgage their homes as quickly as possible after purchasing them. This is ideal for people who want to take advantage of falling interest rates, switch their mortgage provider, or access additional equity. It can also ...
What can a bridging loan be used for?
A bridging loan, which is also known as a short-term loan, can be used for a number of different reasons. This type of flexible financing can provide you with the money you need to purchase a property, pay for home improvements, ...
What kind of mortgage is best for a holiday rental property?
When it comes to mortgages, there are a few different types that you can choose from. If you are looking to purchase a holiday rental property – also known as a holiday let – then you will want to look ...
How to Finance an Auction Property
When you are looking to buy an auction property in the UK, you will need to decide how to finance the purchase. This can be done in a few different ways, and we will explain all of your options here. ...
The PDR Opportunity for Investors
Planning permission through PDR (Permitted Development Rights) is a great opportunity for investors to make profit The demand for housing continues to exceed supply and there is nothing to suggest that this position will change soon. Real property remains a ...
Switch your mortgage and save money
Could switching your mortgage save you money? Your monthly mortgage payment is likely to be one of your biggest outgoings and making sure you’re on the best possible deal can make a huge difference to your overall finances. Your mortgage ...
Bank of Mum and Dad
Ever heard of the “Bank of Mum and Dad?” It’s not a real bank, but a term we use in the UK to describe parents and family members helping their kids buy their first home. With house prices being what ...
Calculating the cost of buying your own home
There are quite a few costs to consider when buying your home. Beyond the purchase price, there are a number of additional costs to buying your property which can add more than 10% to the total bill. Knowing what to ...
Checklist for buying your first home
Your checklist for all the key stages to get you on the property ladder. ARE YOU LOOKING to buy your first home but not sure where to start? Owning a home doesn’t have to be just a dream. Homeownership is ...
What is the 6 month mortgage rule?
The 6 month mortgage rule can cause problems for property purchases as well as when refinancing is needed. The rule applies to mortgage applications on properties that have been owned for less than six months. Some mortgage lenders take a ...