Life Insurance Matt Cotter from The Mortgage Broker Ltd discusses life insurance in the first of five mini, mortgage protection episodes, including: What this is and why this is so important for you and your family Eligibility Quantity and timeframe of the policy Budget How a Mortgage Broker can help
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”
Customer Mortgage Journey – Applying for a mortgage with The Mortgage Broker – how does it work? What is the best way to find a mortgage? A lot of people simply decide to go to their bank or building society and apply for a mortgage. That can work out fine, but remember you’re only going … Continue reading “The Mortgage Application Customer Journey”
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?”
Many were expecting a drop in the number of home loans approved in December 2017. However, some were surprised at how big the drop was. The total approved by banks in the final month of the year was 36,115 – far lower than the 39,007 figure recorded the previous month. That amounts to 2,892 fewer … Continue reading “Mortgages Suffer Huge Drop in December”