This is one of the questions we’re most frequently asked. Generally, first-time buyers will require a deposit of 5% – 15% of the property value. This is money you will pay as lump sum at the outset. The size of your deposit affects the mortgages available to you from different lenders, the interest rates and […]
Buying your first home should be exciting. But finding the money for a deposit and finding an affordable home in an area you’d like to live can be daunting. Rising house prices, increased interest rates, and a sluggish economy have made this all the more difficult in recent years. However, with the right guidance and […]
We’re delighted to announce that Fiona Pinto has joined ChoiceMortgages UK Ltd as our new Mortgage & Protection Consultant, marking an exciting new chapter in the continued growth of our business. As our client base continues to expand and enquiries increase, it is important to us that we maintain the high standards of service, advice […]
On 26 February 2026, Nicola Bentman celebrates 25 years with ChoiceMortgages UK LTD in Stamford, a remarkable milestone in an industry that has seen extraordinary change. When Nicola joined the firm in 2001, the average UK house price stood at £137,230. Today it’s closer to £291,000. The Bank of England base rate was 5.75% then, […]
The November Budget is a roadmap that will shape financial decisions for years to come. From tax thresholds, savings limits and property charges, these measures will influence borrowing capacity and financial planning. It is likely to affect your family finances, cost of living and how you protect what matters most. The budget may affect your […]
What is Conditional Selling? Conditional selling occurs when an estate agent strongly encourages a home buyer to use their in-house services. This could be a recommended mortgage broker, solicitor or financial advisor, for example. Estate agents may claim that choosing to use their in-house providers will speed up the process of buying a home, make […]
The Bank of England has voted to reduce the base rate by 0.25% for the second time this year, taking it to 4.25%. The Bank has regular committee meetings to decide what should happen to interest rates. The aim is to keep on track with inflation targets and maintain a healthy economy. Inflation is currently […]
