Buying your home is probably the most expensive asset you’ll buy in your life. It’s therefore important that you get it right.

Most of us borrow large sums of money over significant periods of time in order to make that purchase and it’s very important that the terms upon which we take any loan should be as favourable as possible. Saving just a fraction of 1% on a mortgage of £200,000 taken over 25 years can make a huge difference to how much interest you pay back.

This is one of the reasons why employing the services of a mortgage adviser is so important.

Nowadays the number of mortgage lenders and the myriad of products per lender means that anyone not working in the market every day is unlikely to be able to evaluate the best and most competitive mortgage products available for a specific individual.

At Mortgage Required we are able to determine your personal needs and circumstances and then search for, evaluate and compare the mortgages available to you, all quickly and in your best interests.

Many mortgage lenders have specific criteria based on a wide range of variables including location, type of home, tenure, type of buyer, type of job, personal circumstances, etc. The list goes on and on. Our job is to properly explore the mortgage market and then put forward the best options for you at this time.

Another advantage to using a qualified whole market adviser is that we are specialists. If we get it wrong, you have a right to redress. We’re also geared up to do this dozens of times a week. All we need is a consultation with you in order to collate your information and then we can use that data to interrogate the market and unearth the most attractive deals available in the market.

Contact Mortgage Required for a no obligation, informal chat on 01628 507477.

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Recent posts

The Financial Conduct Authority (FCA) has shared new changes to mortgage rules with the aim to simplify remortgaging, and encourage competition within the mortgage market.

Lloyds Banking Group has jumped on the bandwagon to boost lending for first-time buyers as they allocate an additional £4 billion to help first-time buyers on to the property ladder.

As the Loan to Income (LTI) cap has been increased to 5.5 times income, applicants who fit the First Time Buyer Boost criteria could borrow up to 22% more. 

The government is introducing mortgage reforms to boost homeownership, stimulate economic growth, and make the housing market more accessible, especially for first-time buyers.

Chancellor Rachel Reeves has announced the most significant mortgage reforms in over a decade—great news for those dreaming of homeownership.

Nationwide ease their ‘Helping Hand’ mortgage designed to help first-time buyers get onto the property ladder by allowing them to borrow up to six times their income.

 

Keeping the kids entertained over the six-week summer holidays isn’t always easy, especially with the cost-of-living making it even more difficult. Below is a list of fun, inexpensive ideas to do over the break

The Financial Conduct Authority (FCA) has published a discussion paper about the future of the mortgage market in a bid to improve access for first -time buyers, self-employed, and those borrowing in retirement.

Ever wondered where the most reasonably-priced towns for families to buy are? Property company, Zoopla has identified the top 10 towns for families to live in the UK by looking at the most affordable towns, and how many people are looking in that area.

There was a 32% increase last year in 100% loan-to-value (LTV) mortgages which are mortgages that require zero deposit. According to a recent report by chartered accountants and business advisers, Lubbock Fine, the reason behind this is buyers simply struggling to save enough for a deposit.