Offering first-time buyers over the age of 18 in England the chance of home ownership with discounts of 30-50 per cent of market value, the Government’s First Homes scheme is a successor to Help to Buy – but the scale and impact will be very different.
Read moreBase rate rises: How does it affect my mortgage?
In June 2023, the Bank of England announced an increase to its base rate by 0.5%, rising to 5% in the thirteenth rise since December 2021. Inevitably, this will affect everyone throughout the UK. So, what does it mean and how does it affect your mortgage?
Read more100% Mortgages – What are they and how do they work?
The Skipton Building Society have just launched the UK’s first 100% mortgage exclusively for renters who are also first time buyers, aged 21 and over, and are not purchasing a new build flat. This blog aims to help outline how this scheme works and also some of the potential downsides.
Read moreHow To Improve Your Mortgage Affordability
With affordability tests being revised in the wake of the cost-of-living crisis currently happening in the UK, many prospective buyers are looking for ways to improve their chances at securing the best possible mortgage for them.
With house prices still at a high, improving your affordability can be a great way of increasing your chances of securing a mortgage – especially for first time buyers looking to raise a deposit for their first home. Here, we take a look at the most effective ways you can improve your affordability.
Read moreReviewing Your Buy To Let Mortgage
With interest rates still at low levels and demand for rental properties increasing around the country, investing in a buy to let is a popular choice for many.
Many fixed buy to let mortgage deals will be approaching the end of their term in the first quarter of 2022, so it’s a good idea to review your buy to let mortgage.
Read moreFirst Time Buyers: What Are The Options?
2021 has seen some welcome good news in the first-time buyer market, with mortgage affordability for people buying their first home improving by 20% since the turn of the year according to Mortgage Broker Tools’ latest index. We take a look at some of the newer options available to first-time buyers that can help to get you on the property ladder.
Read morePurchasing a property as a first-time buyer using a mortgage adviser
I have recently been fortunate enough to be in a position to purchase my first property. With no previous experience in securing a loan or mortgage, I turned to an adviser in Temple Mortgage to guide me through the process – and I was pleasantly surprised at how simple and easy the process was!
Read moreWhat’s next for you in the property market?
With many mortgage lenders resuming physical valuations on properties in England, the property market seems to be breathing back into life. Coupled with the majority of housebuilders returning to building sites, there is renewed hope for whatever stage of property ownership you’re at.
But what does it mean for you? We hope to answer some of the questions you may have.
Getting a mortgage through a broker
As we adapt to a ‘new normal’ in the wake of the pandemic, many people during lockdown have spent time really looking at their lives and for some, have decided to make significant changes to their lives.
This may include, buying their first home, moving to somewhere with a garden, being closer to work, getting a better deal on their current mortgage, or starting a property portfolio. To help them with these plans, enlisting the services of a Mortgage Adviser has never been so important.
Read moreHow is your current, or potential, mortgage lender helping customers impacted by the Coronavirus pandemic?
One of the main things that is mentioned when talking about mortgages and the impact the current Coronavirus pandemic is having on customers is the option of a mortgage payment holiday. But is this the right thing for you to consider?
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