12 Jan 2024
In this blog we look at what happened in the housing market in relation to house prices last year, and look ahead at the forecast for 2024.
3 Nov 2023
Getting a mortgage when you are self-employed can be tricky, but it certainly isn’t impossible.
25 Oct 2023
We have written a short blog of some stress busting ideas that you may want to put into practice, whether you're in the process of buying a property, or not, you may find these tips and techniques helpful.
21 Jul 2023
Moving soon? It's never too early to get organised! Be prepared and avoid unwanted stress by checking out our list of tips to get you ready for moving day.
10 Mar 2023
Although house prices have been on the rise, purchasing a property is still cheaper in the long run than renting and it’s always worthwhile trying to get on the housing ladder.
Here we have looked into SDLT in more detail and explored how the recent tax reduction can help people who want to buy a new home.
2 Aug 2022
The term ‘mortgage salary multiplier’ is used when referring to multiplying your income to calculate the maximum amount a mortgage provider would lend to you.
27 Jul 2022
Ultimately, a full structural survey provides you with peace of mind and removes some of the risks associated with buying a property.
1 Jul 2022
IPFA stands for ‘Industry Panel for Financial Advice’ and this panel has come together to advocate on behalf of UK financial advisers and all of the customers we serve.
28 Apr 2022
we have put together a list of important things to consider whenever you’re comparing mortgage products from different lenders.
20 Apr 2022
We have listed some of the most common reasons why people are unable to get the mortgages they’ve applied for
31 Jan 2022
Buying your first home comes with a mixture of emotions. Owning a property is a really exciting prospect, but the practicalities associated with actually buying a property can be quite daunting.
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.
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.
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.
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.
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.
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.
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.
How does a first-time buyer get onto the housing ladder? Here we make a few suggestions...
The Help to Buy scheme allows first-time buyers to purchase a new-build property with just a 5% deposit.
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
Rishi Sunak has announced that he is to extend the existing Stamp Duty Holiday until the end of June 2021.
Moneyfacts, the independent mortgage market monitor of all things ‘mortgage’ has reported that overall mortgage availability rose in January 2021, to 3,215 products!
The more complete a picture you can build both before and after you make your offer, the better protected you are from the unknowns in the transaction. Don’t be afraid to ask.
A TA10 form is one of several forms a seller must complete during the conveyancing process. The TA10 sets out, in detail, what is or is not included in the sale of the property.
There are largely two main factors that drive interest rates in the UK mortgage market. They are The Bank of England’s Base Rate and LIBOR.
Flats, in particular, are usually owned leasehold because in very simple terms, to own the freehold of a property is basically to own the land below and the air above and, in the case of a flat, clearly this isn’t possible.
What can you do to improve your negotiating position? Here are a few simple tips that too many people ignore.
The definition of a first-time buyer has been set out by the government in a guidance note published in 2018. It states the following...
The chancellor has announced a temporary holiday on stamp duty up to £500,000 as part of a number of measures to help stimulate the economy. We have listed below the key facts following this announcement.
One thing that has come out of lockdown is a steady stream of First Time Buyers ready to get on the housing ladder.
Applying for a mortgage can seem an intimidating and complicated process. Thankfully this is something we do every single day, so we can do much of it for you. Simple.
You must have an Energy Performance Certificate before you start marketing your property. Buildings that don’t need an EPC include...
If you are self-employed, a mortgage lender may ask you to provide a copy of your SA302.
Generally referred to as ‘the base rate’, when it falls it is usually (but not always) an indication that lending rates generally will also fall.
If you can’t come to us we can quickly set up a video or phone appointment.
The mortgage lending criteria is information used to establish if mortgage lender will lend you the funds and how much they will lend to you.
Here is Katie, senior mortgage adviser discussing the mortgage process when buying your dream home.
Here is Katie, senior mortgage adviser discussing Government schemes available to help first time buyers get onto the property ladder. These include - Help to Buy, Help to Buy ISA, Help to Buy Shared Ownership.
Here is Katie, senior mortgage adviser discusses mortgage affordability criteria and how a mortgage lender will base the size of your mortgage on your income.
Here is Katie, senior mortgage adviser answering frequently asked questions from our first time buyers.
We have recently seen an increase in the number of people buying homes together, even though they are not married. If you are one of these people, here are a few tips to consider.
After receiving your mortgage offer there are a few things you should do - or rather, not do. They include...
Of course, buying your dream home means, by definition, that your heart is driving this at least as much as your head. You need to suppress your desires and keep a cool head. Don’t allow the day dreams and wishes to cloud your judgement.
When shopping for a new mortgage, it might seem sensible to stick with the devil you know - namely, your bank. But is this really the right thing to do?
Buying your first property can seem complicated but if you understand the process you can save time and money. Here is a brief guide to the process of buying your new home.
With an ISA you’ll earn tax-free interest on your savings or a return on your investments. You can only open one ISA per year, but it is possible to transfer to another with another provider.
An Income Multiplier is the number by which a mortgage lender will multiply your sole or joint incomes when calculating the maximum amount they are prepared to lend to you.
3 days ago
As the cost-of-living crisis continues, many people across the UK are struggling financially, many of whom are finding it hard to get debt-free.
According to research by StepChange, there are five common reasons people don’t seek help and advice with debt concerns.
6 Feb 2024
Every Friday our experts search the market for the latest rates from every lender saving our clients some serious £'s!
2 Feb 2024
Are you looking to extend your property? There are many benefits to adding an extension to your existing home, here are a few.
30 Jan 2024
Put simply, Equity Release is where you can release equity (money) tied up in your home for any purpose you like. In this short article, we share some reasons why you may want to consider Equity Release.
17 Jan 2024
The team at Mortgage Required may not be able to lower the prices in your local supermarket, but we have come up with a list of tips to help you lower your food shopping bill.
14 Jan 2024
Every year Big Energy Saving Week takes place to raise awareness about energy efficiency, reducing energy bills, and combating fuel poverty. Below are some ways you can get involved and hopefully make a saving!
12 Jan 2024
In this blog we look at what happened in the housing market in relation to house prices last year, and look ahead at the forecast for 2024.
13 Dec 2023
With many of us putting our feet up on 26th December after a full-on day of festivities, there are a significant number of people who find themselves checking out property portal sites!