Do I Need a Solicitor to Remortgage?
When considering a remortgage, you might question whether paying for a solicitor is really necessary. It’s understandable – legal fees add to your costs, and if you’re remortgaging to save money with a better rate, additional expenses aren’t what you ...
Can I Change My Mortgage to Buy to Let?
Are you considering turning your home into a buy to let rental property? Perhaps you’re moving to a new city for work, or you’ve inherited a property and want to make the most of it. Whatever your reason, changing your ...
Can I remortgage my holiday let?
Remortgaging a holiday let can be a great way to take advantage of better rates or terms, or to free up equity in the property for other investments. However, it’s important to understand the unique nature of holiday letting and ...
Do you pay stamp duty on a remortgage?
When remortgaging your home or raising money for home improvement projects, you don’t need to worry about paying Stamp Duty. That’s because tax is only applicable when purchasing a new property or land. However, if you’re remortgaging your home and ...
Is a remortgage based on income?
Knowing when to move your mortgage can be a tricky decision. Remortgaging is often a good opportunity to save money and access extra funds, but it’s important to understand how lenders view income when considering a remortgage. This article will ...
Do you need payslips to remortgage?
Are you thinking of remortgaging your home but are unsure whether you need to show any payslips? Before you get started, it’s important to understand what is required from both lenders and borrowers when it comes to proving income. In ...
Top 8 acceptable reasons for a remortgage
Remortgaging your home can be a great way to save money on interest payments, as well as providing you with access to additional features. Whether you’re looking for a cheaper interest rate, want to make overpayments without penalty fees or ...
Does bad credit affect remortgaging?
Remortgaging can be difficult if you have bad credit. Just like the process of securing a mortgage for the first time, there are plenty of things to take into account, and this can become increasingly complicated if your credit history ...
Do you need a deposit to remortgage?
Remortgaging a house means replacing your existing mortgage with a new one. But is there a requirement to put down a cash deposit because you are applying for a mortgage with a new lender? Most of the time, no deposit ...
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 ...
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 ...
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 ...
Renovation Mortgage: An unlettable property in Scotland
As a specialist in providing finance for holiday and short term let property, we receive enquiries for financing the very simple to the quite complex. One area of finance where we are experiencing growth, is for mortgages to purchase run ...