amnteam

A Mortgage Now are online independent, whole of market, mortgage brokers.
We offer a swift and secure advice and recommendation service with no meetings, no paperwork, and no fuss.

Mortgages for over 50’s

Mortgages for over 50’s

In recent years we are presented with more and more over 50’s mortgage borrowers looking for assistance. Borrowers born in the 1950s, the 1960s, and now even the early 1970s, are increasingly concerned about their mortgage options and the limited mortgage terms being offered to them. Why can mortgages for over 50’s be a problem? […]

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Debt management plan mortgages from 4.69%

Debt management plan mortgages from 4.69%

Can I get a mortgage if I have a debt management plan? We have mortgage lenders who will consider applicants who have settled a debt management plan (DMP), and applicants who still have current debt management plans (DMP) in payment, and not yet cleared, or settled. Mortgage deals are available with highly competitive rates from […]

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Worried about the security of your gifted deposit?

Worried about the security of your gifted deposit?

It is becoming increasingly common to gift a child or close family member funds towards their deposit on a property purchase. But what happens where there is another party involved, the spouse or partner of your child? In the event of a later split, do you really want to see your child’s ex-partner going off […]

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Why wont HMRC provide SA302s?

Why wont HMRC provide SA302s?

HMRC are now running a policy to avoid having to provide SA302’s to mortgage applicants. HMRC have a list of mortgage lenders who they understand will work from either an SA302 Tax Calculations that Tax Payers or their Accountants/Agents produce on specialist software –  HMRC staff will therefore say they will not issue SA302’s. N.B. The list on […]

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Interest only mortgages and downsizing

Interest only mortgages and downsizing

Do you need interest only mortgage lending? Is your property your only major asset? Looking to downsize the family home at a later date? Need to save £900 a month on your cash flow?* *Example £200,000 lending over 15 years monthly mortgage payment capital repayment v interest only Interest only Lenders (sale of mortgage property […]

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Mortgages and Complex Deposits

Mortgages and Complex Deposits

Deposits on mortgage applications are not always straightforward transactions with cash from the buyer’s savings. Below are some examples of unusual mortgage deposit situations that can be accommodated. Yes, you can borrow your deposit. example Dad lends his son Tom £40,000 towards his home purchase. Tom has agreed to pay Dad back over 5 years […]

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The new buy to let mortgage market

The new buy to let mortgage market

Why your capacity to borrow as a landlord is shrinking Exploring how a buy to let investor buying a property valued at £250,000 with £1,000 of rental income will find themselves needing to find another £44,000 in cash to make the purchase. Key Actions for Landlords If you need extra buy to let lending get […]

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Self-employed? How much do you earn for mortgage purposes?

Self-employed? How much do you earn for mortgage purposes?

We often find that our self-employed applicants are unsure what to consider as their ‘income’ for mortgage purposes when making a mortgage application. This is not a simple question. What a self-employed applicant can consider as income will depend on the mortgage lender there using and most importantly their trading style. Other factors include ownership […]

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Buy to Let Mortgages for maximum lending and minimum cost?

Buy to Let Mortgages for maximum lending and minimum cost?

Which type of buy to let mortgage lender is suitable for your needs? Did you know? Some buy to let mortgage lenders will lend you nearly twice what others will Some buy to let mortgage products will cost you double what others will Buy to let investors, like all business people, have differing needs for […]

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Bank of England drops base rate to 0.25%

Bank of England drops base rate to 0.25%

The Monetary Policy Committee today dropped Bank of England Base Rate to 0.25% What the market has done (5th August 2016) The following Lenders have said they are cutting their: Tracker Rates Mortgage Changes Barclays – now for new customers, 1st September 2016 for existing customers Coventry BS from 1st September 2016 Halifax from 1st September […]

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