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 […]
Why use a mortgage broker?
There are many reasons why it’s beneficial to use a mortgage broker – here’s a few of the main ones.
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 […]
New-found freedom if you are a mortgage prisoner
Are you stuck in your mortgage and unable to switch, even though you’ve been keeping up with your repayments? You might, unfortunately, fall into the category of being a mortgage prisoner – but not for much longer. Mortgage prisoners is a term used for people who are unable to switch to a better mortgage […]
Why now is a great time to move home
Recent industry figures have shown that 1.09 million people with adverse credit scores might be looking to buy a new property in the next 12 months.
What is shared ownership
Shared ownership is a government-aided initiative to help first-time homebuyers and existing homeowners purchase a new property by helping towards the deposit.
The latest UK home moving guidance ahead of new lockdown
If you’ve just had an offer accepted on a new house, or are currently packing boxes, you may be wondering whether the higher tier coronavirus restrictions – and latest national lockdown – will affect your big move.
To move or improve?
To move or improve. One of the side-effects of lockdown is that many people are re-evaluating the amount of space they need in their house and garden.
Exiting a fixed rate early
You can usually leave a fixed rate mortgage early – however, lenders usually require an early repayment charge and an exit fee.
Do I have to use Estate Agents mortgage broker or Builders Broker
A common question I get nearly every day is whether clients must use the Estate Agents or Builders Mortgage Broker. The short answer is ‘no’.
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 […]
