The number of fee-free mortgages being offered by lenders is increasing in a bid to get more borrowers. According to Moneyfacts approximately 40% of the available deals on mortgages in July this year came without any fees. Is there a catch? A fee-free mortgage is very enticing but before you… Read the full article
The availability of bad credit mortgages is on the rise with over 800 mortgage products now available according to moneyfacts. If you’ve defaulted on a loan payment in the past or have had a CCJ should you consider a bad credit mortgage? Below we explore what they are: How Do… Read the full article
With the recent interest rate increase the gap between a fixed-rate mortgage and a variable rate mortgage is now at its widest for 10 years. What can you do to avoid moving on to a standard variable rate mortgage at the end of your fixed-rate deal? You can speak with… Read the full article
With the recent increase in interest rates, this could see the end of the record low mortgage rates, so is now the right time for you to consider fixing your mortgage deal for 10 years? This may feel daunting as many of us are used to fixing for 2 or… Read the full article
The changes introduced by the government mean that if you are a First Time Buyer purchasing your first home for under £300,000 you no longer have to pay Stamp Duty. If, you are purchasing a home for up to £500,000 you will also benefit from a Stamp Duty reduction. Unsure… Read the full article
According to the insurance firm Exeter Family Friendly the average length of a claim for people off work ill is 56 months. As the world of self-employed people grows the need for income protection is growing as the support from the state is so minimal. If you were off work… Read the full article
The Bank of England has raised interest rates from 0.5% to 0.75%, the highest rate since 2009. The base rate is set by the Bank of England and is used by banks to calculate interest rates, although it is not compulsory to follow it. Although this is not a huge… Read the full article
Buy-to-let mortgages have been in the news a lot lately. Seen by many landlords in the last few years as a great investment opportunity. Recent changes to buy-to-let tax relief have now left a number of individual landlords wondering whether it’s worth it. Yet renting still remains an attractive option… Read the full article
A. Interest rates and mortgages have been in the news a lot recently. The Bank of England has reduced interest rates to a record low of 0.25%, and even hinted at the possibility of a further cut. So, is this a good time to fix for longer than the usual… Read the full article
A. The answer to this question is most definitely yes. But (and you knew there was a but coming, didn’t you?) lenders are a little stricter with self-employed applications. It frustrates me when I hear that lenders haven’t been helpful to a self-employed applicant; something which is often mentioned in… Read the full article
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