Getting a mortgage when furloughed The furlough scheme, or to give it its official name, the Coronavirus Job Retention Scheme has been a huge part of the government’s support package to help people get through the pandemic over the last 12 months.  It has meant the government has picked up the tab for 80% of … Continue reading “Getting a mortgage when furloughed”

I have adverse credit and a small deposit – can I still get a mortgage?  The pandemic hasn’t done much to slow down house price growth in the UK. Indeed, according to the latest house price index from Nationwide Building Society, prices have grown 5.7% over the last year, taking the average property price to … Continue reading “Adverse Credit Blog”

95% Mortgage Guarantee Scheme – what you need to know! The Budget this week was a notable one for anyone looking to buy a home, and not just because of the government’s decision to extend the Stamp Duty holiday. That’s because the Chancellor also announced a new mortgage guarantee scheme, aimed at helping people purchase … Continue reading “Mortgage Guarantee Scheme”

Budget Update March 2021 – The Mortgage Broker Jodi from The Mortgage Broker discusses all the key points from the March 2021 budget including: The Stamp Duty holiday extension and what this means for First Time Buyers and Home Movers How the new 5% deposit mortgages will work More support for the Self-Employed Lenders reactions … Continue reading “Budget Update March 2021”

Remortgaging for Debt Collection – A guide to what you need to know  Having debt looming over you can be incredibly difficult to deal with. Therefore, you may want to explore the options that are available to you in order to consolidate the debt you have built up and remortgaging for debt consolidation is one … Continue reading “Remortgaging for Debt Consolidation”

Being a first time buyer embarking on your mortgage journey can be both an exciting yet uncertain time; which can leave you with a number of questions, thoughts and worries surrounding your mortgage and the process you will go through as a first time buyer.  We have answered some frequently asked questions surrounding first time … Continue reading “First Time Buyer Mortgage Podcast”

What exactly is a re-mortgage? A remortgage is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. The first thing to point out with a re-mortgage is probably that it’s a lot quicker, it’s a lot simpler, it’s a lot easier and generally a … Continue reading “Remortgaging – What does it mean?”