A product transfer represents moving from one mortgage product to another, while staying with the same mortgage lender. Often called a rate switch or product switch, a product transfer is similar to a remortgage. The difference is a remortgage involves moving to a new...
For first time buyers, the challenge of getting onto the property ladder has become increasingly difficult. For many years, house price inflation (HPI), currently standing at 12.8%, has well exceeded general inflation. This means the cost of buying a home has become...
Remortgaging is part and parcel of having a mortgage. A remortgage involves moving your mortgage from one lender to another, with the option to make changes if you wish. The most common time to remortgage is when your current interest rate comes to an end, before...
Monthly premiums on all types of life insurance come in a variety of forms. From premiums that remain the same throughout the term of the policy to premiums which are set to increase at specific intervals by amounts not pre-determined. In this blog, we’ll discuss the...
Mortgage affordability is a common topic across our weekly blogs as it’s central to nearly all residential mortgages. Affordability is predominantly dependent on income and expenditure, and it can vary significantly between different lenders. Income multiples are a...
