Mortgages

We speak to plenty of people who have approached their Bank or Building society for a mortgage only to be told that it is not affordable, it doesn’t fit their lending criteria or their employment status is not acceptable.

Basically your profile does not fit with your Banks’ lending…

The ability to obtain a mortgage will largely depend upon when the adverse credit was registered and the value of your purchase. The greater the deposit, the better chance you will have of a lender considering your application.

There are many lenders who are sympathetic to adverse…

One of the biggest changes in the employment market is the change from the traditional PAYE type to self-employed. Industries that were once bastions of permanently contracted employees have changed and it is now commonplace to have jobs contracted out to limited companies, self-employed…

A stable housing market needs first time buyers to have access to mortgages. All homeowners have at some point been first time buyers and this purchase is what gets everything moving. As long as there is sustainable income, the applicant is suitable risk and the property being purchased is…

Remortgaging is the term given to the process of switching onto a new mortgage deal. This can be with the same or a different lender. The most common time to remortgage is when the fixed, tracker or discounted rate on your mortgage ends. At this point you will be moved onto your current…

A secured loan (second mortgage) is a type of loan that is secured against your property, similar to your main mortgage, but secondary to it — hence the name “second charge mortgage.”

A second mortgage allows you to borrow money against the equity in your home, without replacing your…

An increased number of people are looking to invest in property. It has become a more controlled environment as lenders have acted more cautiously towards buy to let lending. The regulators have revamped guidelines surrounding Buy To Let mortgages that have triggered …

Our Advisors can help with Help to buy purchase applications for first time buyers and also help to buy remortgage applications.

Help to Buy: Equity Loan government scheme is designed to aid first time buyers and home-movers with purchasing a property. The scheme is for new builds…

Right to Buy schemes are for tenants of council owned homes and some housing associations, devised in order to give them the legal right to purchase their home. The property is made available to be bought by its current tenant outright, at a heavily discounted price. These discounts vary…