Learn about the First Homes scheme – one form of help available to first-time buyers to help them on the property ladder. … More Help for first-time buyers: First Homes scheme
We discuss mortgage affordability: an assessment made by lenders to determine the risk you represent to them in your ability to make mortgage payments on time. … More Understanding mortgage affordability – factors involved in lender decisions
Learn about the Shared Ownership scheme, in place to help first-time buyers get onto the property ladder. … More Help for first-time buyers: Shared Ownership scheme
Read some of the differences between a standard residential mortgage and a buy-to-let mortgage, including repayment types and affordability calculations. … More How buy-to-let mortgages differ from residential mortgages
Learn about the Lifetime Individual Savings Account (LISA) – an available scheme to help first-time buyers get on the property ladder. … More Help for first-time buyers: LISA
Learn if having a poor credit score or no credit history will be detrimental to you getting a mortgage, and learn tips on how you can improve your score. … More Is it possible to get a mortgage with a poor or no credit score?
If you’re currently looking to buy a new property you may have heard the term “mortgage in principle”. Here we’ll answer some FAQs about mortgages in principle. … More What is a mortgage in principle, and do you need one?
With the Bank of England recently cutting the base interest rate, we discuss what impact this has on different mortgage types. … More Does a lower base interest rate mean lower mortgage rates?
Learn about the current rate of inflation in the UK and how it is calculated. Plus the link between interest rates and inflation and what this means for mortgages. … More What impact does rising inflation have on mortgages?
In this article we discuss what a mortgage term is and the benefits of both long- and short-term mortgages. We then discuss how to determine which term is best for you. … More What mortgage term is best for you?
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