Yes, another awareness day, or week in this case… New Homes Week 2022 is running from 21st to the 27th of March and provides the perfect opportunity to discuss all things new build. New builds are the marmite of the housing market. One side of the fence tends to see...
A mortgage broker is an intermediary between individuals and mortgage lenders. The fundamental job of a mortgage broker is to secure the best, most competitive mortgage available which meets the current and prospective future needs and objectives of the client. In...
Remortgaging is the process of moving your mortgage from one lender to another. Similar to a remortgage is a product transfer or rate switch, but this involves staying with the same lender. When required, remortgaging is, more often than not, the most appropriate...
Mortgages can be arranged via three different payment options. These are called repayment methods and include capital repayment, interest-only and part and part. Capital repayment involves paying down the mortgage (reducing the capital), as well as paying the...
Your mortgage term is defined by the number of years the mortgage is taken over. For a capital repayment mortgage, the full mortgage will be repaid at the end of the term. For an interest-only mortgage, the full mortgage must be redeemed at the end of the term. In...
This week has seen the majority of mainstream UK mortgage lenders increase interest rates on mortgage products for those buying, remortgaging and rate switching. While this is just a continuation of the trend seen over the last couple of months, it has been heightened...
