When will my first mortgage payment be taken?The lender will write to you 10-14 days after completion to confirm when your first payment will be taken and how much it will be. Your first payment tends to be slightly higher than the amount stated on your offer to cover...

Rising energy and food prices are becoming a growing concern for countless households right now, particularly as the tax burden looks set to increase too. So as the cost of living in the UK continues to head upwards, many of us will be looking at where we can make...

If you took out a mortgage when buying your first home, did you know it’s likely it will ‘mature’ after a few years? This means that the initial deal you got on the mortgage will expire, and you could end up paying more unless you do something, such as remortgage ...

The mortgage sector comes with a host of new words and phrases that buyers like you may not be familiar with. Many of these are legal terms that any savvy buyer should know to make sure that they understand what it is they are agreeing to. This isn’t a comprehensive...

Finding the right mortgage deal for you isn’t easy. There are a few different types of mortgage, each with their own advantages and drawbacks. To help you get informed about what’s on offer, this is our guide to the various types of mortgage available:Fixed-rate...

This video will help you understand the house buying process, ensuring that they know and are comfortable with all elements of the process and won’t be confused due to misunderstanding. Don’t worry we are happy to explain further and this video will be up for you to come back to if you ever need to.

First and foremost, using a whole of market mortgage broker will take the leg work out of looking for a mortgage; they’ll search the market and compare the different deals that are available to you, looking at not only the interest rates on offer but other charges...

The government’s move to cut stamp duty means home buyers and property investors can save as much as £15,000 – but who stands to benefit the most? Stamp duty thresholds across the UK are being raised until March 2021 as the government looks to spark the housing market...

The UK property market has enjoyed a mini boom since reopening after the lockdown and the government’s stamp duty cut could result in more people moving home over the next few months.  Here we explain what’s happening to house prices and offer advice on making an...

Costs before completion Lender Arrangement fee This can be called many things including product fee or arrangement fee.  This can be a percentage of the loan or can be a flat fee.  Typically, the flat fees will be £995 or...

Customers often ask us “can I get a mortgage as a contractor?” and the answer is likely to vary from lender to lender, based on a wide range of variables. Along with the usual criteria – such as your age, credit rating, income and the property type (which we will cover in more detail later).

A stipend (sometimes called a benevolence income) is a payment made on a regular basis by an employer or organisation, to cover basic costs of living whilst working/training, such as food, housing, petrol and phone costs. These can include those studying for

Fraudsters are increasingly trying to trick home buyers, sellers and solicitors, into transferring their money into scam accounts. They hack into emails between buyers, solicitors and estate agents and create fake emails to try and persuade people to send money to...

Myth 1.  You don’t need to think about mortgages until you’ve found your dream property. Sure, you won’t need to actually apply for a mortgage until you’ve had an offer on a property accepted. But you certainly need to have scoped out mortgages before then, to check...