A mortgage is a long‑term loan secured against a property you’re buying. You provide a deposit; the lender covers the remainder. You repay monthly over a term, with interest. Mortgage basics (example) Price £250,000; deposit £25,000 (10%); mortgage £225,000. Payments include capital and interest. Main UK mortgage types • Repayment: pay capital + interest; mortgage…

A lifetime mortgage is a form of equity release for homeowners (typically 55+) to access tax‑free cash while remaining in their home. You can take a lump sum, drawdown, or a mix, with interest usually rolling up. How it works Loan secured on your home. No mandatory monthly payments (voluntary payments possible). Interest…

If you're planning to buy a home, one of the most important questions you'll ask is: “How much mortgage can I get?” Whether you're a first-time buyer, moving home, or remortgaging, knowing your borrowing limit is essential for budgeting and making the right property decisions. In this post, we’ll explain how mortgage lenders calculate your…

What’s Happening With Mortgage Rates in 2025? After several years of rising interest rates, UK mortgage holders finally have some good news — rates are beginning to ease. The Bank of England cut its base rate earlier this year following signs that inflation is cooling. As a result, some lenders have already reduced their fixed…

Understanding How Much You Can Borrow One of the first questions most homebuyers ask is: “How much can I borrow on a mortgage?” Whether you’re buying your first home, moving up the property ladder, or investing in a buy-to-let, knowing your maximum borrowing power is essential. Mortgage lenders in the UK calculate this using your…

The UK property market in 2026 is a landscape of both challenge and immense opportunity. While the "easy money" era of the past has shifted into a more regulated environment, the demand for high-quality rental housing is at an all-time high. For investors, success now hinges on one factor: financing strategy. In this definitive guide,…

Homeownership is a significant life accomplishment—the culmination of hard work, saving, and meticulous planning. Yet, as a homeowner, unforeseen circumstances such as illness, loss of income, or disability could jeopardise the security and stability you have strived for. What would happen if something unexpected disrupted your ability to make timely mortgage payments? Mortgage protection insurance…

The mortgage journey can be an exciting yet daunting prospect, particularly for first-time homebuyers. Navigating the world of mortgages often involves grappling with a complex array of jargon, terms, and practices that can leave even the most determined home seeker feeling overwhelmed. It's crucial to understand mortgage terminology, not only to make informed decisions but…

The path to homeownership often presents a wide variety of mortgage options to explore. Understanding the distinct features, benefits, and potential implications of these mortgage types is pivotal to making informed decisions that align with your personal financial circumstances and property goals. At Everest Mortgage Services, our dedicated professionals guide borrowers on this journey, offering…

If you've ever worried about how you'd manage financially if you couldn't work due to illness or injury, income protection insurance is something you might want to consider. It's a kind of safety net that pays you a regular income if you can't work because of such circumstances.  With that in mind, this guide will…

Ensuring your family's financial security in the event of unforeseen circumstances is a critical responsibility for any parent or breadwinner. While the life insurance market offers a plethora of options aimed at protecting a family's financial future, family income benefit insurance stands out as a lesser-known yet cost-effective and tailor-made product that warrants closer examination.…

As property investment continues to gain popularity and demonstrate its viability as a long-term wealth generation strategy, it is crucial for investors to understand the various financing options available to stay competitive and ensure the success of their property portfolio expansion endeavours. Leveraging the right mortgage products and strategically managing funding are integral factors in…