Latest blog articles
How a second charge mortgage could help if you need some cash
27th September 2019
"If you need to free up some cash you might want to consider a second charge mortgage. As the name suggests, you take out a second mortgage on your home and effectively have two different home loans running at the same time."
Sainsbury’s exits the mortgage market: what it means for you
26th September 2019
"Sainsbury’s Bank has announced it’s pulling out of the mortgage market, and will no longer accept new mortgage applications. It’s the second supermarket-linked bank to do so in the last couple of months, following on the heels of Tesco Bank."
Negative equity? What it is and what to do
25th September 2019
"Negative equity is when the value of your home is less than the size of your mortgage. This can happen if house prices drop, which is why so many people fell into negative equity as a result of the global financial crisis. "
Tempted to buy a repossessed home? Here are the pros and cons
24th September 2019
"If you want to snap up a home going cheaply, buying a repossession could be something to consider. You could get one for up to 30% less."
Getting a mortgage if you're already in debt
23rd September 2019
"If you want to get a mortgage, and have credit card debt, for example, don’t panic. There are still lots of options for you. "
7 ways parents can help with a mortgage
20th September 2019
"Given the huge difference between the rise of house prices and wages, mortgage lenders are offering more and more creative ways for parents to help their children buy their own home."
Is using your mortgage for debt consolidation a good idea?
19th September 2019
"You can use your mortgage to pay off expensive debts like credit cards if you’ve got enough equity in your home. But the downside is that you’re generally only able to pay it off slowly, so you could end up paying more interest in the long term."
Buying with your parents? Why a joint borrower sole proprietor mortgage might be the answer
18th September 2019
"Getting a joint mortgage with your parents may seem like a great way to get on the housing ladder, but there are considerable downsides. We explore why a joint borrower sole proprietor mortgage might be a better option."
Why now could be a great time to get an expat mortgage in the UK
17th September 2019
"If you’re looking to buy a home in the UK with a mortgage from overseas, now could be a smart time. The pound has been weaker against other currencies since the Brexit vote, so you can get more for your money if your salary is in a foreign currency."
Remortgaging for home improvements? Avoid these costly mistakes
16th September 2019
"Thinking about remortgaging for home improvements? In some cases it could make perfect sense. But in others, it could cost you a lot more than you imagine. We explore the pros and cons of remortgaging to improve your home."