Halifax revealed that mortgages in the UK have reached their most affordable level in a decade. The latest price index stated that in the last quarter of 2017, typical mortgage payments accounted for less than a third of...
If you want to buy a rental property but need to borrow the cash, you will have to take out a buy-to-let mortgage. These are different to residential mortgages and have special terms and conditions attached. What are buy-to-let...
How to stop an interest-only mortgage blowing up in your face So what’s an interest-only mortgage? An interest-only mortgage is exactly what the name suggests; a home loan where you only pay the interest that accrues and...
When you place a property (money or any other assets) in trust, you transfer its ownership to an entirely separate and independent entity. Through the transfer, you have created a distance or gap between yourself and the property...
Low interest rates on mortgages in Scotland, Wales, and Northern Ireland are driving a boom in housing purchases amongst first-time homeowners who can now afford their own property. In the second quarter of 2017, growth rates...
Have you been considering a remortgage for your property? How much you have to pay back will depend on whether you act now or wait a few months. Research shows that remortgage rates are slowly rising in the UK. Let’s look at...
Over a period of time an individual can build up a substantial financial resource which is locked into a house or property. Such a resource is built up from both repayments on the mortgage, as well as any rises in property prices...
You may be forgiven for thinking it is impossible to get a mortgage on a zero hour contract. But there are some ways to give yourself the best chance of securing a loan. Firstly, the facts. The number of people employed on a...
In life, the only way to grow is to collect experiences along the way. Some experiences are going to be a bit of a challenge, while others will feel like a breeze. Buying your first home is an interesting mix of both...
Anti-mortgage backlash doesn’t make sense, but a lot of people are giving up mortgages in favor of renting. While this might make sense in the short term, it’s something that makes us sad. We have fond memories of the...