How to Get Your Bank Statements in Tip-Top Shape Before Applying for a Mortgage
If you’re thinking about applying for a mortgage, one of the most overlooked, yet critical parts of the process is your bank statements. Lenders don’t just glance at your income; they scrutinise your spending habits, financial stability, and even the tone of your transactions. So, how can you make sure your statements paint the right […]
How does a credit score work?
Have you ever wondered how a credit score works? How it can affect you? Or why there are different agencies that create your reports?
Below we answer your questions and a link to a free credit report check*
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.
Moving House Checklist – Copy
Moving house checklist. Please find below our hints and tips for moving house.
Firstly, plan ahead, dont leave it until the last minute.
How Klarna and Buy Now, Pay Later Schemes Could Affect Your Mortgage Application
If you’re thinking about buying your first home, you might be wondering if using Klarna or other ‘buy now, pay later’ (BNPL) services could cause issues with getting a mortgage. Spreading out payments can be super helpful, but it’s worth knowing how lenders might see it. Will Klarna Stop You from Getting a Mortgage? Not […]
Professional Landlords Embrace Higher-Yielding Investments Amid Market Challenges
Recent analysis by Shawbrook reveals a significant shift in professional landlords’ strategies, with many focusing on higher-yielding property types such as semi-commercial and commercial properties. This trend, combined with cautious refinancing activity, highlights the sector’s adaptability and prudent approach to navigating current market conditions. Rising Demand for Semi-Commercial and Commercial Properties While overall mortgage application […]
Why Buying an HMO is a Smart Investment: Funding Options and the Importance of Expert Advice
If you’re looking to diversify your property portfolio or maximize your rental income, investing in a House in Multiple Occupation (HMO) could be the perfect opportunity. HMOs, where three or more tenants share communal facilities but have separate rental agreements, are increasingly popular among landlords and investors due to their high rental yields and demand. […]
How Long Does It Take to Buy a Property as a First-Time Buyer?
Buying your first home is an exciting but sometimes overwhelming experience. To help you navigate this journey, here’s a complete guide that outlines the timelines, roles of professionals, and the paperwork you’ll need to prepare. How Long Does It Take? The process of buying your first home typically takes between 2 to 6 months, […]
How Buy Now, Pay Later Services Like Klarna, GoCardless, and PayPal Credit Can Affect Your Chances of Getting a Mortgage
If you’re planning to buy a house, you’ve probably heard that lenders look closely at your finances to decide if they’ll give you a mortgage. What you might not realise is that using things like Klarna, GoCardless, PayPal Credit, or other “buy now, pay later” (BNPL) services could have an impact on their decision. Let […]
Your Guide to Buy-to-Let Mortgages: What You Need to Know
Thinking about becoming a landlord? Buying a property to rent out can be a smart investment, but it comes with some key considerations. One of the first steps is securing a buy-to-let mortgage. Don’t worry if you’re new to the landlord world—it’s possible to get started even if this is your first time! Let’s break it […]
The Benefits of Student Letting: Maximising Rental Yields for Landlords
For landlords looking to maximise rental yields, investing in student property has long been a smart strategy. The demand for student accommodation continues to rise, driven by the growing number of students attending universities across the UK. Offering strong returns and a stable rental market, student properties can be a lucrative addition to any investment […]
A Comprehensive Guide to HMO properties.
Investing in Buy-to-Let Properties: A Comprehensive Guide to Success with HMOs Investing in a buy-to-let property can be a rewarding venture, offering both steady rental income and potential property value appreciation. But for those looking to maximise returns, a House in Multiple Occupation (HMO) can be a smart choice. An HMO property, where multiple tenants […]
What is a fixed rate mortgage UK
A fixed rate mortgage basically means that your interest rate and payments won’t change for the initial product period of your mortgage.
How does a credit score work?
Have you ever wondered how a credit score works? How it can affect you? Or why there are different agencies that create your reports?
Below we answer your questions and a link to a free credit report check*
What is a residential mortgage?
A residential mortgage in the UK is a loan that is used to purchase a property for use as a primary residence. The lender, typically a bank or building society, uses the property as collateral for the loan. The borrower makes monthly payments to the lender until the loan is fully repaid, which is typically over a period of 25-30 years.
