Key issues around applying for mortgages and costs of mortgages
If you are a Scottish Widows Bank mortgage customer seeking a Product Transfer Switch when your current deal is coming to an end, we can assist. We are specialists in working with Scottish Widows Bank, particularly in the Professionals market and can advise you on your Scottish Widows Mortgage Product Transfer and make all the […]
How long after mortgage valuation to Offer? With High Street Lenders mortgage valuation to Offer is typically two working days as most of the work is complete by that stage With Specialist Lenders mortgage valuation to Offer is typically 5 to 10 working days as the case is fully underwritten following receipt of the valuation […]
One of our Specialist Lenders is now offering high income multiple residential mortgages at up to 6 times household income with the option to take the lending on an interest only basis. In order to qualify you need: Household income in excess of £100,000 per annum No credit issues in the past 36 months Deposit […]
Leeds Building Society Mortgage rates from 1.49% Existing Leeds Building Society borrower? Looking to switch to a new Rate? Make one simple phone call to 020 8979 9684 No need to book an appointment with a Mortgage Adviser Fixed rates for existing Leeds Building Society borrowers 2 year fixed rate 1.69% until 31st March 2020 […]
Experian will provide a copy of your for credit report under its statutory obligations for cost of £2. This means that to obtain your experience credit report you do not need to sign up for an account on any subscription basis, free or otherwise. Below we outline how the process works. Search Use your browser […]
In today’s budget the Chancellor, Philip Hammond, announced Stamp Duty Land Tax Relief for First Time Buyers to start today 22nd November 2017. The relief is available on all properties up to £500,000 purchase price where all buyers are ‘First Time Buyers’. We have already had a number of queries from our clients about this […]
Why do Mortgage Lenders ask to see Bank Statements? Primarily to: Ensure no payments have been returned Ensure any overdraft limit is not exceed See income being banked as per wage slips See existing rent or mortgage payments going out Spot regular payments that have not been listed on the application The importance of your […]
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? […]
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 […]
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 […]