Top Tips For Remortgaging Your Home | Reducing Mortgage Payments

20 Jan 2022

Once you have been living in your home for a few years, you may want to consider remortgaging. Switching mortgage providers is actually quite common and there are a number of different reasons why people choose to remortgage

What Is A Mortgage And How Does It Work? | A Definitive Guide

11 Jan 2022

If you’re still trying to get to grips with what a mortgage is, below we have covered all of the basics you need to know before buying a property. 

What Credit Score Do You Need For A Mortgage? | All You Need To Know

4 Jan 2022

It is important to ensure that you’re aware of your credit score and you’re obtaining a copy of your credit report before applying for a mortgage. 

Can You Get A Mortgage For Land? | All You Need To Know

15 Dec 2021

There are actually lots of different land mortgages available, from self-build mortgages and commercial development mortgages to agricultural mortgages.

What Can Stop You From Getting A Mortgage? | Help & Advice

15 Dec 2021

If you’re wondering what can potentially stop you from getting a good mortgage deal, we have looked into some of the most common factors to be aware of. 

How To Save For A Mortgage | Our 4 Top Tips

1 Dec 2021

Nowadays 100% mortgages, also known as ‘no deposit’ mortgages, are not available and people who are looking to buy a home will require at least a 5% deposit to get a mortgage offer from a lender.

How To Get A Mortgage On A Low Income | Our 5 Top Tips

21 Nov 2021

Getting a foot on the property ladder is becoming more and more difficult for people of all ages. Not only is the price of property in many parts of the UK continuing to rise, but the majority of businesses still only pay their employees minimum wage, so many fear that they will never be able to own their own home. 

What You Need to Know About Remortgaging

8 Nov 2021

The mortgage that you secured when buying your property may not be the best deal after a few years, especially if your home has gone up in value

What is a Property Chain and How Does it Work?

If you’re new to buying a home, you may hear lots of familiar phrases that you don’t fully understand. One of these phrases commonly used is ‘the chain’. If you’re unsure what this is and why it’s talked about so much, we explain here.

How does a Gifted Deposit Affect a Mortgage?

A gifted deposit is a sum of money given to you by someone else, usually a member of your family. The money you are gifted must be given by way of a gift and not a loan.

Tips on Buying a Property with a Tenant in Occupation

There are a few reasons why you might be buying a property with a tenant still in occupation (a sitting tenant).

Help to Get on the Property Ladder in 2021

How does a first-time buyer get onto the housing ladder? Here we make a few suggestions...

The New 2021 Help to Buy Scheme Explained

The Help to Buy scheme allows first-time buyers to purchase a new-build property with just a 5% deposit.

Can I Remortgage my property to buy a Second Home?

If you increase the loan on your primary home, the mortgage lender will want you to be able to prove that you can afford the larger loan.

What Does Virtual Freehold Mean?

These long leases are sometimes referred to as ‘virtual freeholds’. The owner of such a lease might not own the freehold but he does have most of the rights associated with ownership of the freehold, such as the right to exclusive possession and quiet enjoyment.

The Government's Mortgage Guarantee Scheme Explained

With the new mortgage guarantee scheme, even if you only have 5% deposit, you may be able to obtain a mortgage on the remaining 95% of the purchase price

New Stamp Duty Extension Explained

Rishi Sunak has announced that he is to extend the existing Stamp Duty Holiday until the end of June 2021.

What is a Sinking Fund?

A sinking fund is basically a savings account managed, usually, by the building’s managing agent.

What is a Debt Management Plan (DMP) and How to Get One

A Debt Management Plan is a mechanism by which you can have a third party negotiate with the people to whom you owe money and set out a plan by which you will make a single, affordable monthly payment each month.

The Number of Mortgages Available is Now at a 12 Year High!

Moneyfacts, the independent mortgage market monitor of all things ‘mortgage’ has reported that overall mortgage availability rose in January 2021, to 3,215 products!

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Recent posts

Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.

Call us for more information: 01628 507477 or email: team@mortgagerequired.com.

According to Rightmove, a whopping 500,000 UK homebuyers are rushing to finalise their home purchase before the new Stamp Duty rules change in April.

The UK government is introducing new rules for Energy Performance Certificates (EPCs) that will impact landlords. Here's a summary of the key changes

Choosing to buy a house is one of the biggest decisions you are likely to make in your lifetime. There are many factors that influence a house purchase, these include: finances, housing market conditions, and mortgage rates.

Since being launched back in 1999 Individual Saving Accounts (ISAs) have been very popular for those wanting to put money into savings. There are four types of ISA, and the majority allow flexible saving and the ability to withdraw funds easily. There are financial penalties on certain products, these usually pay the most interest.

According to the Office for National Statistics, last year (ending March 2024), there were 153,800 new homes completed in the UK. To help the housing crisis, the UK government has pledged to build 1.5 million new homes in the next five years.

Check out some of the reasons why a new-build home might be for you.

Many households are still being affected by the high cost of living, with several people worrying about how they can make ends meet on a monthly-basis. Unfortunately, the cost of bills including, water, council tax, and energy are still rising. Here are some things you can do.

The Renters’ Rights Bill represents a significant milestone designed to enhance the rights and protections of tenants in the rental market. This comprehensive bill aims to foster a more balanced and fair rental sector, ensuring that tenants can enjoy greater security and equitable treatment. It is likely to become law in late 2025.