How long does it take to remortgage your home?
Remortgaging lets you pay off your current mortgage and move to a new and typically cheaper deal. It also provides an opportunity to release cash…
Mortgages
What do you need to apply for a mortgage?
What documents you need to apply for a mortgage? It does vary from lender to lender and based on your circumstances, but broadly here is…
How long should you fix your mortgage rate for?
When should you fix your mortgage? I’m often asked by clients ‘Should I fix my mortgage?’ or ‘How should I fix my mortgage for?’ Even…
Why arranging a second mortgage may get a lot harder
Why arranging a second mortgage may get a lot harder The Financial Conduct Authority (FCA) has recently announced that it plans to regulate the second…
How to get a mortgage under the new mortgage rules
The new mortgage rules which came into effect in April 2014 have had a big impact on the mortgage market, in particular on how to…
How to get a mortgage with a poor credit rating
People automatically assume that if you have a poor or adverse credit history, or have ever been made bankrupt, you can not get a mortgage….
Interest rate rise – How mortgage borrowers should prepare
This week I was asked by a national newspaper how mortgage borrowers should prepare for an interest rate rise. This was sparked by Mark Carney,…
How much will the average mortgage repayment go up by when interest rates rise?
Latest research published in the Daily Mail suggests that ‘Millions face becoming ‘mortgage prisoners’ as interest rate rises to just 3% would make loans unaffordable’….
What are the tax implications when changing a buy-to-let mortgage from interest only to repayment?
Reader Question I have a buy to let property on a interest only mortgage, I was wondering what are the tax implications if I move…
Reader Q: Will unused overdrafts affect my chance of getting a mortgage?
Reader question: I am currently trying to save ahead of moving house later this year. I was very interested in your article “How to earn…
Reader Q: Do multiple mortgage searches affect your credit score?
Reader Question: Hi Damien I’m trying to get a mortgage but concerned that my poor rating means I won’t be able to. I’ve cleared all…