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 […]
Whether you’re a first-time buyer or a seasoned property investor, having a trustworthy and knowledgeable advisor is essential to obtaining a mortgage. With the right help, you can navigate the complex and ever-changing world of mortgages and find the best alternatives and rates to make the best-informed choice. Choosing the right professional should take into […]
The decision to take out a mortgage can very well be one of the biggest decisions you will make in life. Then once you’ve made the decision to take the plunge and do it, you’re faced with what feels like so many obstacles in the form of admin and processes. Preparing for your loan application […]
Buying your first home (or any property for that matter) is one of life’s biggest, most memorable events. It is often representative of hard work, perseverance, and patience. Unfortunately, it is also one of the most expensive things you’ll commit to doing, perhaps for the longest period of your life, too. You’re going to want […]
There are various reasons why you should consider getting a mortgage agreement in principle, or sometimes referred to as a decision in principle.
You might ask what do they do that you can’t? Why should you pay for their services when you could do it yourself for free? There are many costs when you move home or remortgage, a mortgage broker should be considered a part of the overall process. Don’t be put off by the fee and […]
You may have noticed some interesting developments if you’ve been closely monitoring the UK mortgage rates. Even though the Bank of England has recently increased rates, the average mortgage rates have been steadily declining. Looking back to December 2021, mortgage rates climbed significantly when the Bank of England began to raise the base rate to […]
The process of buying a home, while very exciting, is not exactly all fun and games. As you navigate the process, you realise that there are a lot more costs and paperwork involved than you’d ever imagined. Chances are, the word ‘costs’ in this headline may even be unsettling you. Especially if you’re a first-time […]
Since 2013, UK home buyers have been able to access loan assistance thanks to the government’s Help To Buy Equity Loans scheme. During the housing crisis and tough economic times, it has made property ownership a reality for many young people who otherwise would never have been able to afford it.
