What is a retirement interest-only mortgage and should I get one?
Retirement interest-only mortgages are finally making it fairer for older borrowers to access finance. In this article we look at what retirement interest-only mortgages are…
Mortgages
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…
Can I remortgage with a bad credit history?
Reader Question I have an existing mortgage which I have managed through difficult circumstances to hold on to but I now have a terrible credit…
Reader Q: Would switching my debts now to a 0% credit card adversely affect any mortgage application?
Reader Question Hi Would switching some of my debts now to a 0% credit card adversely affect any mortgage application when I come to re-mortgage…
New mortgage rules for 2014 mean a third of borrowers won’t be accepted come April
On the 26th April 2014 mortgage lenders will be required to advance loans to their customers under new rules. But the boss of one building…
Mortgage rate outlook & what borrowers should do as we head into 2014
The announcement by Mark Carney, the Governor of the Bank of England, that the Fund for Lending Scheme (FLS) will be diverted away from mortgages…
