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Why Buying a House is a Wise Investment: Advantages Over Renting

Buying a house is a wise investment

In the perennial debate of renting versus buying a home, opinions often sway towards the merits of renting for its flexibility and perceived lack of responsibility. However, while renting offers immediate flexibility, buying a house is a long-term investment that brings numerous advantages, both financial and emotional, making it a prudent choice for many. Let’s […]

Your Ultimate Guide to Getting Your First Mortgage in the UK

Buying your first home is an exciting milestone, but navigating the process of securing your first mortgage can feel overwhelming. From understanding the types of mortgages available to gathering the necessary documents, there are several crucial steps to take. In this comprehensive guide, we’ll walk you through everything you need to know to successfully secure […]

Divorce in the UK: Mortgage Capacity Reports and Debt-to-Income Ratios

Mortgage Capacity Reports for Divorce purposes

In the challenging process of divorce, where emotions run high and futures feel uncertain, one aspect that often requires immediate attention is the division of assets, including the marital home. Whether you’re planning to retain the family home or looking to purchase a new one, obtaining a mortgage capacity report becomes crucial. But what exactly […]

The UK Mortgage Market Landscape: A Snapshot of UK Mortgage News in April 2024

UK Mortgage Market in April 2024

In the dynamic realm of the UK’s mortgage market, April 2024 emerges as a pivotal juncture, marked by a confluence of factors shaping the borrowing landscape. From policy shifts to market trends, this article delves into the latest developments, offering insights into what lies ahead for aspiring homeowners, existing borrowers, and industry stakeholders. Policy Pivot: […]

What Is Mortgage Capacity And How Is It Calculated?

The first part of a new calendar year and the last part of a financial year is often a time when people take stock of what they currently have and start to consider what tomorrow will bring for them. For many, it is a time to either take their first steps onto the property ladder […]

When Should You Release The Equity In Your Home?

For many people who have paid off a significant amount of their mortgage or are debt-free entirely, their home is often the most valuable asset they have. This is increasingly the case given the average house price in the UK has nearly doubled since records began in 2005, meaning that people who bought a house […]

Why Might 2024 Be A Good Year To Get A Mortgage?

As the New Year dawns, people will ask many questions about what the year ahead will bring them. For those whose chief aim is to buy a new home, the issue is whether now – or at least this year – will be a good time to get a mortgage. Last year was clearly a […]

What Are Property Market Predictions For 2024?

The housing market has been so unstable this last year, it is hard to predict what will happen in 2024 – whether house values will continue to fall and mortgage rates rise or if there will be a plateau as loans stabilise? Here we look at what 2023 was like for the property market, and […]

When Should You Take Out A Lifetime Mortgage?

Whilst this is not always the case, as people get older, they want to slow down and take advantage of the care, work and savings they have invested into over the course of decades, to ensure a better quality of life and more peace of mind whilst they can enjoy it most. Without the pressure […]

Paying Back An Interest-Only Mortgage At The End Of Its Term

Interest-only mortgages are very appealing, as they enable people to afford a property by only paying off the interest over the term of the loan.  At the end of this, the equity needs to be paid off, which normally happens when the homeowner sells the property.  However, if they want to remain in the house, […]