Guides

Guides

Getting a mortgage when self-employed

Getting a mortgage when self-employed is more a bit difficult than getting a mortgage when you are an employee.

Guides

Renting out your home for the first time

A quick guide to becoming a landlord

Guides

Fastest ways to improve your credit score

Your credit history has much to do with getting a mortgage. Lenders will look at your credit score as well as your credit history in order to asses their risk in lending to you. Like with most loans, a poor credit score and credit history that is filled with missed payments can result in a denied mortgage application. If you have been denied a mortgage because of your credit score or your credit history, there is still hope. Luckily, there are plenty of ways you can improve your credit score when preparing for a mortgage application.

Guides

Moving house checklist: What to ask the estate agent or seller

When moving house there are a few things you should ask either the seller or the seller’s estate agent in order to make the transition go smoothly. Here are 10 of the most important questions you should ask.

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What is LTV and why is it important?

LTV, or loan-to-value, is the amount of your mortgage in relation to what the property costs to buy, described as a percentage. For example, if you purchase a £500,000 home and put down £100,000 as a deposit, then your mortgage will be for £400,000, making the LTV 80%. This would mean that the property is 20% paid for. LTV is something that matters when it comes to getting a mortgage on a home.

Guides

Should I move house or improve my property?

As your home becomes more lived in, you may notice areas that require improvement. Sometimes it is a hard to decide whether the time and money home renovations cost is worth the while. Some people might prefer to move house instead of putting forth the time, energy and money that come along with home renovations. It really comes down to weighing out the costs and determining if it is more financially sound for you to find a new home or improve upon the one you already have. We will help break down the process of both sides of the decision, hopefully making it easier for you to make a plan of action when it comes to either selling or renovating your home. Sometimes it may be easier to just move house, but taking the extra time to plan and execute home improvements may be the wiser financial option. It is important to understand which home improvements can add value to a property, and when home improvements may cost more than moving house.

Guides

Buying a home: A timeline

Buying a home is likely one of the largest financial decisions you will make in your lifetime. It is also likely one of the most costly when it comes to time. From beginning to end, buying a home can take anywhere from a few weeks to several months. How long it takes to buy a home depends on a number of factors and how long certain parts of the process take to complete.

Guides

Applying for a mortgage: What is required?

Applying for a mortgage can be a timely and somewhat stressful process. However, with a little know how and planning, applying for a mortgage can be a smooth process. Follow this simple advice to make applying for a mortgage a bit easier.

Guides

How to pay off your mortgage faster

Most of us dream about being able to pay off our mortgages faster and getting started on a debt free lifestyle. However, it’s not as easy as it sounds and there are a few things you should bear in mind if you’re considering attempting to pay off your mortgage early.

Guides

Do I need a mortgage adviser?

Mortgage advisers are used by many who mortgage their homes in the UK. In fact, about 2/3 of homebuyers use a mortgage adviser. What does a mortgage adviser do exactly and how can they help? This article will break down what a mortgage adviser does and how they can be of service to you in the search for a mortgage.

Guides

Coronavirus FAQ

While your health and welfare are top priorities, Coronavirus is affecting lots of people’s income and employment, as well as the ability to manage their money

Guides

Why should I bother reviewing my mortgage?

The mortgage market is in constant flux. New deals pop up all the time, which means that just because a deal worked for you one year doesn’t mean it’s your best deal the following year.

Guides

How to Buy Your First Property

Ok, first things first. We all know buying a property is the biggest purchase you are ever likely to make.

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A Guide To Buying A Second Property