Umbrella Contractor Mortgages: A Guide for Contractors
Umbrella Contractor MortgagesFor contractors working under an umbrella company, securing a mortgage can seem more complicated than it is for traditional employees.While many assume that their employment structure may limit mortgage options, the truth is that many mortgage lenders are willing to work with umbrella contractors.However, it is essential to find mortgage providers who understand […]
Can You Get a Residential Interest Only Mortgage? Key Insights
Explore the viability of residential interest-only mortgages. Understand the pros and cons to make an informed decision. Read the article for key insights.
What to Do If Your Mortgage Offer Is About to Expire
If you’re reading this, you’re likely concerned that you won’t complete your property purchase before your mortgage offer expires. The good news is that there are often solutions available to help you avoid losing your mortgage offer and still proceed with your purchase. This guide will explore what you need to know and how to […]
Using Vested Stock & RSUs for Mortgage Affordability
IntroductionStock options and Restricted Stock Units (RSUs) can play a significant role in boosting your mortgage affordability. If you’re a professional receiving a substantial portion of your income in the form of stock-based compensation, you may be able to use it to secure a larger mortgage. However, not all lenders treat this income the same […]
The True Cost of Buying a Home in London
London is one of the most exciting cities in the world, offering fantastic career opportunities, a rich cultural scene, and a vibrant lifestyle. However, purchasing a home here doesn’t come cheap. The cost of buying in London can feel overwhelming, but with the right preparation and knowledge, you can navigate the process with confidence. In […]
UK Short Lease Mortgages: Everything You Need to Know
Navigating the UK property market can be both exciting and challenging, particularly when a short lease is part of the equation. Whether you’ve recently come across a leasehold property with a limited lease or already own one, you may be wondering how this factor will influence your mortgage options and long-term investment. At Strive Mortgages, […]
New Build Mortgages: How Much Deposit Do You Need?
What Are New Build Mortgages?New build mortgages are home loans specifically designed for purchasing newly constructed properties. Lenders often have stricter criteria for new builds compared to older homes due to the perceived risks, such as potential delays in construction and valuation fluctuations. However, there are various options available for buyers looking to secure a […]
Getting a Mortgage for a Property with an Annexe: What You Need to Know
IntroductionProperties with annexes offer great flexibility, whether you need extra space for family members, a dedicated workspace, or even a potential rental opportunity. However, securing a mortgage for such properties can be more complex than a standard residential home. Lender criteria vary, and factors such as the intended use of the annexe and its construction […]
Mortgages for Lecturers: How to Secure the Right Deal
As a lecturer, you hold a reputable and esteemed position that should place you in good stead when applying for a mortgage. However, there are some challenges and factors to consider to maximize your chances of securing the right mortgage for your needs. At Strive Mortgages, we have worked with universities across the UK, helping […]
Mortgages for Company Directors in London – A Complete Guide
Securing a mortgage as a company director in London can be more complex than for salaried employees. Most lenders classify directors as self-employed if they own 25% or more of their company, meaning affordability is assessed differently. With London’s high property prices, working with the right mortgage broker in London is essential to access lenders […]
