The cost of buying a house: explained We break down seven common costs associated with buying a home. A deposit is the tip of the iceberg when it comes to buying a home. From legal fees and buildings insurance to stamp duty and removals, there’s a host of smaller costs that can rapidly build up if [...]
Do you feel like you have to jump through more hoops when applying for a mortgage just because you’re self-employed? And not sure which way to turn? We’re here to help. We are mortgage advisers and we can help you navigate the self-employed mortgage market and any of the challenges you may face. What is a [...]
How can the Bank of Family support first time buyers? With gifts and loans from the Bank of Mum and Dad totalling a whopping £9.4bn in 2023, it would be one of the UK’s biggest if it was a real bank or lender. Given the clear affordability challenges still facing house buyers – particularly first timers [...]
What are the pros and cons of 100% mortgages? A 100% mortgage is, very simply, a home loan which allows the buyer to purchase a property without putting down any money (or a deposit) up front. Prior to 2008, it was common for lenders to offer deposit-free mortgages as standard, with some even allowing consumers to [...]
A first-time buyer’s guide to mortgage rates A glance at the news over the last 12 months or so would suggest that mortgage rates are a very hot topic indeed. For the last 14 years, mortgage rates - the interest rate charged on the money borrowed to purchase a property - have tended to be low, [...]
The cost of moving home Buying a home comes with extra costs and fees you need to be aware of – from securing your mortgage to booking the removal van. In 2024, the average cost of buying or moving house is estimated around £10,255. These costs can be higher or lower depending on where you live, [...]
Credit reports look at your borrowing history and how you’ve managed to pay back any money you’ve borrowed in the past. They’re put together by the three main credit reference agencies in the UK; TransUnion, Equifax and Experian. Every time you borrow and repay money, your credit score builds up in the background based on your [...]
Most of us will borrow money to buy a property at some point in our lives. Whether you’re buying your first home, buying to let or remortgaging, it’s a big commitment. Here are some key facts to help you feel more confident about your financial decisions. The different types of mortgages The types of mortgages vary, [...]
Worried about mortgage lenders withdrawing their products and deals? The mortgage market is going through another unpredictable time with mortgage lenders withdrawing mortgage deals and increasing rates in a reaction to the recent news that inflation is slowing at a less- -than-expected rate. Do you need to remortgage now? If you’re due to remortgage now, don’t [...]
Moving home can be a hectic and exciting time, but don’t forget about protection – taking out the appropriate policies can save you a lot of stress in the long term. If you’ve just moved home or are about to, it probably feels like you’ve been caught up in a bit of a whirlwind over the [...]
