What is mortgage equity?
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Whenever you decide to remortgage you maybe asked about the value of your equity. But what is your mortgage equity? Put simply, your equity is the share of the property…
What is a gifted deposit?
Are you finding it difficult to get onto the property? Well, join the club! More than half of first-time buyers under the age of 35 apparently rely on assistance from…
Why you need a deposit to buy a home
You’ve seen your dream home and have worked out your monthly mortgage budget – all you need now is your deposit. And that’s where things get tricky! How much money…
What you need to know about mortgage interest rates
Mortgage interest rates are important to understand as they determine how much your monthly repayments will be when buying a house. If you are a first-time buyer or have a…
Remortgaging for home improvements
If your house needs extending to make room for a home office or new baby you maybe considering remortgaging for home improvements. An extension can cost tens of thousands of…
All you need to know about an agreement in principle
When buying a house an estate agent may ask for an agreement in principle before taking it off the market. The AIP is also called a decision in principle, a…
What is the 95% LTV mortgage guarantee scheme?
More lenders are beginning to offer 95% LTV mortgages thanks to the introduction of the mortgage guarantee scheme. It helps buyers purchase a home a 5% deposit. What is the…
Mortgage interest rates: What you need to know
Interest rates are a term you will hear when applying for a mortgage. Even if you have a mortgage now, you may not fully understand why you need to pay…
Mortgages and new-build homes
When buying a new-build home there is a chance of your mortgage offer expiring before your house is built. Those people reserving off-plan – which means the developer has not…
Why should I use a mortgage broker?
When buying your new, or first, house you’re likely to need a mortgage – but should use you use a mortgage broker? Very few people buy a house with cash,…