A Guide to Affordability
Affordability can also be down to the property you are looking to purchase as well, if you are looking to refurbish a property it would be never advisable to borrow to your maximum affordability
What Credit Score do you need to get on the housing ladder?
Having poor or bad credit doesn’t always mean you won’t get a mortgage, but it can affect the options available to you.
Will the stamp duty holiday continue past March 2021
This year has been a roller coaster when it comes to the mortgage market, during lockdown 1 in March Mortgage Products fell dramatically with lenders very nervous what the affects of the pandemic would bring, removal of higher LTV schemes saw less first time buys able to get a foot on the ladder. The transition […]
Furlough Mortgages
The current situation with furlough You may have been on furlough or finding yourself on an extend period with the current scheme running until 30th April 2021. If you are looking to purchase a property or remortgage your current home, you may find it difficult to find a lender to accept your furloughed income, especially […]
Help to buy scheme – April 2021 – March 2023
The new Homes England Help to Buy Equity loan scheme commenced on the 16th December 2020. This scheme is only open to first time buyers purchasing a new build property. The scheme is coming to an end in 2023, to see important dates, please see the bottom of the page. The scheme is design to […]
Beat the Stamp Duty rush and save money with a bridging loan
We’re currently seeing one of the busiest housing markets in over a decade as people rush to beat the Stamp Duty Land Tax (SDLT) deadline. It’s not too late to take advantage of the incentive though, with other lending options available, which could get your property purchase over the line before the end of the […]
Are you looking for a mortgage to buy a new house?
When you’re looking for a house, the fun part is trying to find the home to suit you. However, figuring out where to start when you’re looking at finance options can seem like a daunting task. With so many differing schemes, mortgages and housing options out there, it can be hard to narrow down exactly where you should start
A Guide to Separation, Divorce, Dissolution and what to do with your mortgage
Whats in this section What happens to the home if you are not married or in a civil partnership? What if we have a joint mortgage and are breaking up? If you have children? What happens to the home if you’re divorcing or dissolving your civil partnership? What if we have a joint mortgage and […]
Mortgage Myths
Getting a foot on the property ladder and looking for a mortgage can be a really exciting time. But it’s also important you’re armed with the right information.
Payment holidays: what will the impact be on you?
Payment holidays have been widely used as a way of relieving the strain put on UK households as a result of the widespread financial impact of coronavirus, with 1 in 6* mortgages now utilising payment holidays. In times of great uncertainty, payment holidays provided a much-needed ‘break’ from repayments for some households, but with many […]
Chancellor Rishi Sunak has announced that the stamp duty threshold has been raised to £500,000.
What is Stamp Duty? Stamp duty is a tax paid when buying a property in England or Northern Ireland. Also known as Stamp Duty Land Tax, there are several rate bands that dictate the overall cost of stamp duty. Until 8th July 2020, homebuyers would be expected to pay stamp duty on properties bought for […]
Help our Heroes
For every completed Heroes mortgage or remortgage*, we will gift £100 to the NHS to support the vital work they are doing to keep us all safe in this time of uncertainty. Everyone here at Clever Mortgages appreciates the efforts of the essential workers that are working relentlessly to reduce the impact of COV-ID 19. […]
We’ve helped 1000s of customers, and still counting!
We’ve made it our mission to help as many people as possible find their perfect mortgage, specialising in helping people with a bad credit history or previous credit issues – we think everyone deserves a chance to remortgage or own their dream home! Difference between going direct to a lender and seeking the advice of […]
How COV-ID 19 impacted mortgage products and the market
The coronavirus pandemic has changed many aspects of our daily lives, with everyone taking steps and precautions to work together to prevent the spread. In uncertain times, banks and lenders are examining their products and the level of risk involved. A number of mortgage products have been withdrawn from the market, mainly those with a […]
How to increase the value in your home
If you’re looking to make your home more valuable, you’re probably wondering where to start. We’ve put together a handy guide to see you through increasing the value in your property. If you require finance to do the improvements, from a remortgage, equity release or secured loan, speak to an advisor. Speak to an advisor […]
