Getting mortgage-ready
Buying a home takes careful preparation and planning. As well as finding a property you like, you need to get your finances in good order before lenders review them and assess your ability to make repayments on your loan. Save upDuring the recent lockdown, many lenders pulled their ‘high loan-to-value (LTV)’ products which typically only require…
Mortgage affordability in a post-COVID world
Back in March, the Bank of England slashed interest rates to an all-time low of 0.1%, in a bid to alleviate the severe economic pressure caused by coronavirus. As the base rate cut fed through to mortgage rates and with the continuing pressure of a closed mortgage market, lenders responded by withdrawing mortgage offers, increasing…
Why you should get insurance now
When you get wrapped up in the excitement of buying a new home the last thing you probably want to think about is if you pass away what will happen! Most of the time life just ‘gets in the way’ of organising important things like life cover. However, for a very cheap price you could…
Home improvements to add value to your home
Evidence suggests that many more of us are putting down roots and choosing to stay in our current homes for longer. The average time a homeowner in the UK stays in their property is 21 years. This contrasts with the 1980’s, when a fast-rising property market encouraged a move every eight years on average. However,…
Managing mortgage stress – I’m here for you
Whether you’re a first-time buyer, a second- stepper or further up the housing ladder, buying a home is always a big move and can feel a bit like a roller coaster ride at the best of times. Now there is the added complications and worries that the COVID-19 pandemic may have caused for people’s lives,…
Take the fuss out of remortgaging
Are you at the end of your deal? When your current mortgage deal comes to an end you might be tempted to do nothing and simply move on to your lender’s Standard Variable Rate (SVR). However, by doing so you could risk your mortgage rate more than doubling. According to Moneyfacts, fixed mortgage deals taken…
Why you should get mortgage advice
Taking out a mortgage could be one of the biggest financial decisions you’ll need to make in your entire life, so it’s important to get it right. You could ‘go direct’ to find the right mortgage for your circumstances – as long as you’re prepared to spend time and effort scouring a very competitive market…
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Carl Cashman - Mortgage Adviser 