Mortgage Information

 

Here is Katie, senior mortgage adviser taking about a second charge on a property. A second charge can be taken out against a property for a number of reasons and it's important to understand the most cost effective options available to you.

Here is Katie, senior mortgage adviser explaining what a Mortgage Agreement in Principal. Essentially an agreement in principal is a certificate which confirms that you are in a position to get the mortgage to purchase a property.

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.

Retirement Only mortgages are generally aimed at borrowers who are too old for standard mortgages and too young for Equity Release.

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...

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?

To minimise the risk when investing in property there are a variety of measures you should take and precautions you can make. Here are just a few...

Bridging loans can be taken to meet inheritance tax liabilities, which can become payable on inherited property very quickly.

Repossession proceedings are extremely stressful and upsetting. It’s important that you take advice early and keep your head.

The government have introduced the Help to Buy Isa scheme that encourages first-time buyers to save. The idea is that the savings can then be used to help with the costs of buying a first property.

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.

As mortgage products become ever more complex and competitive, the market of lenders grows. This is good for borrowers as it increases competition for their business

LIBOR stands for London Interbank Offered Rate. It is the level of interest that banks use when lending to each other and LIBOR is set every day in London by the British Bankers Association.

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.

More of us are buying their first property with one or more friends as a first step onto the property ladder.

Here are a few tips to consider when buying a home;

1 3 4 5
 
 
 
 

Your home may be repossessed if you do not keep up repayments on your mortgage.

There will be no fee for Mortgage Advice. There may be a fee for arranging a mortgage. The precise amount will depend upon your circumstances, but we estimate it to be £399.

Mortgage Required Ltd, Finance House, 5 Bath Road, Maidenhead, SL6 4AQ is authorised and regulated by the Financial Conduct Authority reference 573718 at www.fca.org.uk.

The Financial Ombudsman Service is an agency for arbitrating on unresolved complaints between regulated firms and their clients. More detail can be found on their website: www.financial-ombudsman.org.uk

Call: 01628 507477