Why Specialist Lending Is So Important to the Housing Market
Over the last few years, the housing market has faced some real challenges. Rising interest rates, increased living costs, and tighter lending criteria have meant that more people are finding it harder to secure a mortgage with a traditional high street lender. But just because a bank says “no”, it doesn’t always mean home ownership […]
Can You Borrow More on Your Mortgage to Make Your Home Energy Efficient?
With energy bills still a big concern for many households, improving the energy efficiency of your home is becoming a priority for homeowners across the UK. The good news is that some mortgage lenders are now offering “green additional borrowing” options, allowing homeowners to borrow money at very low or even 0% interest, for a […]
2 or 5 Year Fixed Mortgage? What Should You Choose When Your Rate Is Ending Soon?
If your mortgage deal is coming to an end in the next 6 months, now is the perfect time to start planning your next move. Leaving it too late could mean falling onto your lender’s Standard Variable Rate (SVR) which is usually much higher and can seriously bump up your monthly payments. One of the […]
Can First-Time Buyers Really Buy a Home with Just £10,000?
A Simple Guide to 98% Mortgages for First-Time Buyers Saving for a house deposit can feel like trying to fill a bath with the plug out especially when rent, bills and everyday life keep getting more expensive. If you’re a first-time buyer, it can sometimes feel like owning a home is always just out of […]
Completion Day Explained: What Happens When You Finally Get the Keys?
If you’re buying your first home (or moving up the ladder), completion day is the moment it all becomes real. It’s the day you officially become a homeowner, get your keys, and (hopefully) start unpacking boxes in your new place. But what actually happens on completion day?What time do you get the keys?And what can […]
Shared Ownership for First-Time Buyers
Buying your first home can feel impossible when house prices keep rising and rents eat into your savings. If you’re a first-time buyer who feels priced out of the market, Shared Ownership could be the stepping stone you’ve been looking for. Spring is traditionally one of the busiest times in the property market. More homes […]
Exploring All Options to Reduce Monthly Outgoings
The situation The clients approached us for mortgage advice, looking to reduce their monthly outgoings by consolidating several financial commitments, including an existing secured loan. Following a full review of their circumstances, it became clear that a remortgage or further advance was not suitable at this time due to: Being tied into a fixed-rate mortgage […]
Why Getting an Agreement in Principle Is One of the Smartest First Steps for First-Time Buyers
If you’re thinking about buying your first home, you’ve probably heard the term Agreement in Principle (often shortened to AIP or DIP) but what is it, and do you really need one? Short answer: yes. Long answer: getting an Agreement in Principle can save you time, stress, and disappointment and it puts you in a […]
Want to Buy Your First Home This Year but Worried About Your Credit or Deposit?
Are you a first-time buyer hoping to move home this year, but feel held back by a poor credit score or not having enough deposit? You’re not alone and importantly, these things don’t always stop you getting a mortgage. At Clever Mortgages, we’ve helped hundreds of people buy a home even when their credit wasn’t […]
Want to Buy Your First Home This Year but Worried About Your Credit or Deposit?
Are you a first-time buyer hoping to move home this year, but feel held back by a poor credit score or not having enough deposit? You’re not alone and importantly, these things don’t always stop you getting a mortgage. At Oak Mortgages, we’ve helped hundreds of people buy a home even when their credit wasn’t […]
January Mortgage MOT: Is Your Home Loan Still Working for You?
January is often the month where reality kicks back in. The decorations come down, the credit card statements land, and many of us start thinking about money a little more seriously. If you’re a homeowner, January is actually one of the best times to review your mortgage. Interest rates have shifted over the last few […]
Can You Really Get a Mortgage with Adverse Credit? Yes and Here’s How to Make It Happen
Buying a home can feel impossible when you’ve had financial problems in the past. Maybe you’ve missed a payment, had a default, built up some debt during tough times, or even gone through bankruptcy or an IVA. Many people believe this automatically blocks them from getting a mortgage but the truth is, it doesn’t. At […]
Christmas Budgeting Tips – Especially if You’re Planning to Move House or Get a Mortgage Next Year
Christmas is magical, but the financial hangover in January isn’t. If you’re planning to buy your first home, move house, or apply for a mortgage in the next 6–12 months, how you manage your money over Christmas matters more than you think. Your bank statements, use of overdrafts, Buy Now Pay Later accounts (like Klarna, […]
Rising Debt and Christmas Spending: How Homeowners Can Take Control Before January Hits
As Christmas approaches, it’s easy to get caught up in the excitement presents, parties, and festive food can all add up – have you seen the price of Turkeys this year! But for many households, this season also brings financial strain. Rising costs, regular use of credit cards or Buy Now, Pay Later (BNPL) services, […]
First Time Buyer Mortgages: Low Deposit Options, Rates & Getting on the Property Ladder
Buying your first home is one of life’s biggest milestones, but it can also feel daunting. In this blog we will cover how deposits affect rates and what low‑deposit options are available. Remember, this content is for information only and does not constitute financial advice. Why your deposit matters When you take out a mortgage, […]