6 MYTH’s BUSTED! Mortgage Brokers v. Mortgage Bankers
September 3, 2019 by David Sellar in category Mortgage News tagged as free mortgage advisors, london mortgage broker, mortgage broker londonRecently it has been observed that some people have fallaciously started to believe that mortgage bankers are considerably a better option than good old mortgage brokers when it comes to dealing with estate finance. That is why it has become so indispensable to bust such myths and reveal truth to the people. Myth No. 1: […]
0 0 Read more6 Tips for Getting a Mortgage When Building Your Home
August 21, 2019 by David Sellar in category Mortgage News tagged as first time buyer london, Independent mortgage brokerDreaming about a new abode is not as easy as you think. It’s one of the most challenging experiences with many hidden risks as address; it is going to be the largest investment of your life. This leads to another noteworthy point that purchasing a home involves so many crucial steps that if one goes […]
0 0 Read more5 Reasons Why You Should Hire a Mortgage Broker
August 21, 2019 by David Sellar in category Mortgage News tagged as mortgage advice service, mortgage broker freeA lot of people go crazy with the idea of using a mortgage broker because they believe they will have to overspend their funds but there’s always one case you can’t get over. Along with the expenditure of funds comes a commission that even if you want to dismiss this one, you can’t- it’s mandatory […]
0 0 Read moreConsiderations on the Mortgage Term.
July 5, 2019 by David Sellar in category Mortgage NewsThe length of the mortgage term affects the amount of interest you pay over the term of the mortgage. The increasing availability of 40-year mortgage terms could help more borrowers reduce their monthly repayments – but it could also mean paying more interest. According to Moneyfacts more than half of all residential mortgage deals on […]
0 0 Read moreBUILDING SOCIETIES ON TOP FOR FTB, 5% AND 10% MORTGAGES.
July 4, 2019 by David Sellar in category Mortgage NewsA Moneyfacts residential mortgage analysis has found that first-time buyers looking for lower interest rates and a more tailored approach to their mortgage application could be better served by the building societies. Analysis of mortgage loans aimed at the first-time buyer market, where deposits of around 10% or even 5% are common, has discovered the […]
0 0 Read moreINCOME REQUIRED BY A FIRST TIME BUYER IN A UK CITY
July 3, 2019 by David Sellar in category Mortgage NewsAccording to an analysis by Zoopla, first-time buyers need an average income of £54,000 to buy a typically-priced house in a UK city. The amount those stepping onto the housing ladder must earn has increased by 9% in just three years because of the soaring cost of property, requiring a deposit on average of £38,000 […]
0 0 Read moreADVERSE CREDIT MORTGAGES
June 28, 2019 by David Sellar in category Mortgage NewsHere is a message from Bluestone Mortgages, one of the lenders that I may turn to to try to place your mortgage enquiry with. ‘When choosing the most suitable specialist lender for your client, it’s important to have a clear idea of all the options available to them. Providing the best possible experience as they […]
0 0 Read more£500,000 NO DEPOSIT MORTGAGE WITH BARCLAYS
June 27, 2019 by David Sellar in category Mortgage NewsAs long as a family member contributes 10 per cent of the property purchase price from their own savings, FIRST-TIME buyers can borrow £500,000 with NO deposit at Barclays. Barclays has extende its Family Springboard mortgage range so first-time buyers can get larger mortgages over a longer period of time First introduced six years ago, […]
0 0 Read moreFLEET MORTGAGES CUTS RATES
June 26, 2019 by David Sellar in category Mortgage NewsFleet Mortgages, the buy-to-let specialist lender, has reduced rates across its specific standard, limited company and HMO products. Feedback from a large number of their intermediary partners decided them to simplify their offering to ease understanding and to ensure advisers are aware of the sectors they operate in and the benefits of using Fleet. […]
0 0 Read moreMortgage: Exploding the Self Employed Myth
June 25, 2019 by David Sellar in category Mortgage NewsDon’t let your heart sink when you go for a mortgage just because you are self-employed. As a Mortgage Broker you are always keen to help – your business depends on it – but the fact of the matter is that some lenders remain wary of self-employed borrowers. This often translates into rigid and inflexible […]
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