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.
There are a few reasons why you might be buying a property with a tenant still in occupation (a sitting tenant).
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.
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.
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.
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.
A sinking fund is basically a savings account managed, usually, by the building’s managing agent.
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.
Moneyfacts, the independent mortgage market monitor of all things ‘mortgage’ has reported that overall mortgage availability rose in January 2021, to 3,215 products!
There are still many reasons why the UK property market could be considered one of the best investment opportunities in the world. Here are ten reasons why.
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.
As with all professional services, the level of service will vary and therefore, it’s important that you ask some very specific questions when deciding which mortgage adviser to use.
Whilst a physical, in-person viewing is going to be necessary at some point, a virtual viewing can be very useful in the early stages and can save you a lot of wasted time.
Many properties are sold leasehold and subject to a ‘peppercorn rent’. This is effectively a notional rent that isn’t demanded or paid. It is purely a legal requirement of any contract.
If you feel you may have bad credit, you should obtain a copy of your credit report which will show all your credit, good and bad.
First-time buyers that wish to buy a new-build home will be able to apply for an Equity Loan from the government for up to 20% of the home’s value.
With energy prices likely to rise in the long term, it makes sense to consider how you can make your home more efficient.
A second mortgage, as the name suggests, is a second loan that is also secured on a property.
Why have interest rates been increasing? when will they go down? And what does this mean for you?
We have created this short guide to provide self-care tips to support your physical and mental health.
13 Sep 2023
Selling up? It’s important to make your house as appealing as possible to potential buyers. Good decorating can help with first impressions, and increase the perceived value of your property.
25 Aug 2023
With the cost of living affecting so many of us, we have made a list of budget-friendly activities and ideas for you.
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.
27 Jun 2023
Inflation simply put, is the increase in the price of something over time. The Office for National Statistics (ONS) tracks the prices of hundreds of everyday items and these items are updated to reflect shopping trends.
20 Jun 2023
We are often asked if it's good advice to consolidate “unsecured” debt (credit cards and loans etc) into your mortgage, the answer is, sometimes.