Guide to the First Homes scheme
If you’re a key worker or a first-time buyer hoping to purchase a newly built property in your local area, you’re going to want to hear about the new First Homes programme. Our guide explains what the scheme is, how it works and what to consider. What is the First Homes scheme? The First Homes scheme […]
Short term mortgages explained
Although borrowing over the shortest term is generally ideal, in the real world, it may not be feasible to do so. In this guide, we will explore the various mortgage terms available and the advantages of opting for a shorter term mortgage. What is a short-term mortgage Most mortgage lenders have set limits on how […]
Halifax Mortgages Reviewed
This guide will offer you an extensive evaluation of one of the leading mortgage lenders in the UK, which is a part of the Lloyds Group. Halifax is a well-known and reputable mortgage lender that caters to a diverse range of customers, including first-time buyers, home movers, landlords, and those seeking to remortgage. If you […]
Accord Mortgages reviewed
Who are Accord Mortgages? Accord Mortgages is a UK-based mortgage lender that was founded in 2002. It is part of the Yorkshire Building Society group, which is the second-largest building society in the UK. Accord Mortgages offers a range of mortgage products, including fixed-rate mortgages, tracker mortgages, and buy-to-let mortgages. Accord Mortgages has over 90,000 customers and has […]
Best mortgage lenders
Unless you’re able to pay in cash, you’ll need to obtain a mortgage loan to purchase a home. In the past, obtaining a mortgage required a visit to a building society, but nowadays, most banks offer mortgage products as well. In the UK, there are over 100 mortgage lenders with more than 12,000 mortgage deals […]
What are renovation mortgages?
If you’re thinking about refurbishing or renovating a property, unless you’ve got really deep pockets, you’ll probably need some sort of finance to fund the project. It’s no secret that there’s plenty of money to be made in property, however, there’s also lots of costs and things to consider. Having an understanding of these beforehand […]
What is a Concessionary Purchase Mortgage?
With house prices and the cost of living continuing to rise, it comes as no surprise that saving for a deposit is the biggest challenge most buyers face these days when buying a home. A concessionary purchase enables you to buy a home below market value, using the equity in the property to fund some […]
Guide to fixed & tracker mortgages
What is a fixed-rate mortgage? A fixed-rate mortgage is a mortgage where the interest rate remains the same for a set period. The three most common deals available are two, three and five-year fixed rates, although other terms are available. Some providers will allow you to fix it for as long as 10 years. A […]
How can I use a green mortgage?
What are green mortgages? With soaring energy prices and ever more focus on the climate change the world faces, it comes as no surprise that ‘Green mortgages’ have sprung to prominence in recent years. Some mainstream lenders are offering ‘Green mortgages’ aimed to incentivise and increase the appeal of buying a ‘Green home’. They offer […]
Guide to mortgages for older borrowers
As people are now living and working longer than before, it is possible to get a mortgage at an older age than previously thought possible. This guide explains the basics of borrowing at an older age. What is the age limit for getting a mortgage? The maximum age for a mortgage varies depending on the […]
