If you're in the market for a new home, you'll want to ensure you have the best possible credit score. That's because your credit score significantly determines whether you'll be approved for a mortgage and what interest rate you'll receive. So before consulting your local mortgage broker, here's how to improve your credit score and…
Owning a home is a dream that many people have, but paying off the mortgage can be a daunting task. However, there are several ways to pay off your house early and become debt-free. In this article, we will discuss seven ways to achieve this goal.
Making Extra Payments
One of the most effective ways…
With the rising cost of homes in the UK, it's no surprise that many people are looking for ways to get on the property ladder. One option that has gained popularity in recent years is the 100% mortgage.
But is it the right choice for you? Before consulting your independent mortgage advisor, here's what you…
A remortgage is one of the most popular ways of refinancing a property. It involves switching to a new mortgage deal, which typically comes with lower interest rates and more favourable terms. While remortgaging can save you money in the long run, the process can be confusing and time-consuming. Therefore, many homeowners consider working with…
Interest-only mortgages are home loans that allow borrowers to pay only the principal interest for a certain period. After this period ends, the borrower must start paying the principal and interest amounts. This kind of mortgage is an attractive option for borrowers who want to keep their monthly payments low in the initial years of…
Secured loans are a popular type of borrowing for those looking to get a large sum of money. Unlike unsecured loans, secured loans require collateral, such as a car or property, to be put up as security for the loan. This reduces the risk for the lender, making it easier for borrowers with less-than-perfect credit…
The thought of losing a loved one is a difficult and emotional experience. While we cannot control when or how we will pass away, we can control the financial impact on our loved ones.
Life insurance is an essential aspect of financial planning that provides financial security to your loved ones when you are no…
Remortgaging is a popular way for homeowners in the UK to save money on their mortgage payments or release equity from their home. After submitting a remortgage application, many questions often arise regarding the process. In this blog, we will answer some frequently asked
questions about remortgaging in the UK after applying.
When Will My…
Finding the right mortgage is an essential part of buying a home. With so many different mortgage products available, it can be overwhelming to choose the right one. This guide will provide you with tips on how to find the right mortgage, so you can make the best decision for your financial future.
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Mortgage preapproval is an important step in the home-buying process. Given this, it's important to be as informed as possible. To help you out, here's a brief explainer on everything that you need to know about mortgage preapproval. Generally, mortgage pre approval is referred to as an agreement in principle or a decision in principle.…
Right to Buy Mortgages are mortgages that are specifically designed to help those who have exercised their Right to Buy scheme. This scheme was introduced in the 1980s and allows tenants of local authority properties to purchase their homes at a discounted rate. Right to Buy mortgages provide an affordable way for those who have…
Bad credit can make it difficult to get a mortgage, but it’s not impossible. There are several things you can do to improve your chances of getting approved for a mortgage with bad credit.
What is Bad Credit?
Bad credit is a term used to describe a person’s credit history when…