How a debt consolidation loan could reduce your monthly payments
If you have lots of payments to make every month and are struggling to afford them, then debt consolidation could be for you. It’s easily done, for example you pay for some shopping on one credit card, put the payment for your car’s MOT on another, and before you know it your monthly repayments have […]
What Is a Second Charge Mortgage – And When Should You Consider One?
If you’re a homeowner looking to raise money without remortgaging your entire property, a second charge mortgage (also known as a secured loan) could be the solution you didn’t know you had. At Clever Mortgages, we regularly help clients explore second charge mortgages to free up cash, avoid hefty early repayment charges, or simply keep […]
Mortgage Declined? Don’t Panic — Here’s What to Do Next
Had your mortgage application rejected? It’s totally normal to feel gutted and frustrated, but please don’t lose hope, you’re definitely not alone. Mortgage applications get declined all the time, and it doesn’t mean you’ll never get on the property ladder. With the right advice (and the right people in your corner), there’s every chance you’ll […]
The main benefits of a debt consolidation loan
If you’re currently dealing with multiple loans from different loan providers then consolidating this debt can be a good option. A debt consolidation loan allows you to combine your debts to provide you with one monthly repayment.
Why Reviewing Your Mortgage and Managing Your Debts Can Support Better Mental Health
Life moves fast, and it’s easy to let financial matters slip to the bottom of your to-do list. But one area that should never be overlooked is your mortgage and wider debt situation. Regularly reviewing your mortgage and keeping your debts under control doesn’t just make financial sense , it can also have a big […]
Mortgage Myths vs Facts: Debunking Common Misconceptions
The mortgage process can feel overwhelming, especially when you’re bombarded with conflicting information. To make informed decisions, it’s crucial to separate fact from fiction. In this blog, we’ll tackle some of the most common mortgage myths in the UK and provide the facts to help you navigate the mortgage journey with confidence. Myth 1: […]
Case Study: From Mortgage Prisoner to Financial Relief – How We Helped David and Sarah Take Back Control
Meet David and Sarah* – Trapped by a Mortgage, But Not Without Hope David and Sarah, a married couple in their 60s, came to us feeling stuck and overwhelmed. They were on a joint mortgage originally taken out with Northern Rock, now administered by Heliodor, a lender with limited options for change. They owed £42,000 […]
Can You Get a Shared Ownership Mortgage with Bad Credit?
Buying your first home is exciting, but if you have bad credit, you might be worried about your chances of getting a mortgage especially with a Shared Ownership scheme. The good news? It’s still possible! It might take a little extra work, but with the right approach (and some expert help), you can make your […]
Do I Have to Use the Estate Agent’s Mortgage Broker?
A Guide for Homebuyers Buying a home is a big step, and it’s natural to feel a little overwhelmed with all the advice, paperwork, and professionals involved. One common question we hear from clients is: “Do I have to use the estate agent’s mortgage broker?” The short answer is: no, you don’t. And it’s important […]
Getting a Mortgage with Variable or Non-Mainstream Income: What You Need to Know
For many people, getting a mortgage is a straightforward process, show your payslips, prove your income, and get a decision. But for a growing number of people in the UK, it’s not that simple. If your income doesn’t come in a neat, predictable monthly salary or if it fluctuates due to how or when you’re […]
Consolidate Your Debt with a Mortgage: The Smart Way to Take Control of Your Finances
Are you juggling multiple credit cards, loans, or overdrafts and struggling to keep on top of your monthly repayments? A debt consolidation mortgage could be the financial solution you’ve been looking for. By using the equity in your home to consolidate your debts into one manageable monthly payment, you can regain control of your finances […]
Self-Employed or Have a Complex Income? Getting a Mortgage Isn’t Out of Reach
At Clever Mortgages, we speak to people every day who’ve been turned away by their bank simply because they don’t fit into the “traditional” salary box. Maybe you’re self-employed, a contractor, juggling multiple income streams or all three. And perhaps you’ve been told, “Sorry, you don’t meet our criteria.” But here’s the truth: Just because […]
The Ultimate Guide to Shared Ownership Properties and Shared Ownership Mortgages.
Who Are Clever Mortgages and How Can We Help? At Clever Mortgages, we specialise in helping individuals secure the right mortgage for their needs, including shared ownership mortgages. Whether you have bad credit, no credit history, or are struggling to save for a large deposit, our expert brokers can guide you through the process and […]
Credit Reports and Mortgages: What You Need to Know
When applying for a mortgage, one of the biggest factors that lenders consider is your credit report and credit score. But here’s the catch—not all credit scores are the same, and what you see on a credit checking app might be completely different from what your mortgage lender sees. Many people get caught off guard […]
Why You Should Start Thinking About Remortgaging 6 Months Before Your Fixed Rate Ends
If your mortgage fixed rate is ending soon, now is the time to take action. Many homeowners leave it too late and end up paying more than they need to. At Clever Mortgages, we recommend starting the remortgaging process at least six months before your fixed rate ends to secure the best deal and avoid […]