The Bank of England forecasts inflation hitting 4% this year, as the economy revives in the wake of the pandemic, which could result in a potential base rate rise. So now could be a good time to remortgage, taking advantage of the range of deals currently available. However, fees may be payable, and homeowners with…

A gifted deposit is money gifted to you which is put towards part or all of your mortgage deposit. The person gifting is usually a relative or close friend. An example is you may have a 10% deposit for a property, and your parents then gift you 5%. Therefore, your total deposit amount is now…

Yes, there are lenders who will use benefit income within their assessment for a mortgage. At the time of writing, there is in excess of 5 million people claiming Universal Credit. And around 40% of these, or about 2 million people, are working. It is therefore no great surprise that many ask us ‘if I…

As of September 21st 2023, the Bank of England has announced that interest base-rates have remained at 5.25%. It is certainly true that if interest rates rise so will the cost of borrowing. However, the correlation between the two are not always that straight forward for your mortgage. In the current market, whilst the base rate…

Should I buy a house in 2023? “When is the best time to buy a house?” is a common question asked of our advisers.  The most relevant word here is “best”.  Defining when is best will very much depend on you and your individual circumstances. We all buy property for many different reasons, the main…

100% Mortgages For many buyers, getting a deposit saved for a property purchase can be a difficult task. This is especially the case for first-time buyers when you may already be renting. Then also having the everyday living costs to cover before you even start to think about savings. How to get a mortgage with…