Tag: mortgage
7 remortgage FAQs
If you are reaching the end of a reduced-rate mortgage deal, remortgaging may give you the opportunity to find a better offer than your existing lender’s standard variable rate. We answer some of the questions we are most frequently asked about remortgaging. 1. Do I need a solicitor to remortgage? Unless you are staying with...
How much are conveyancing costs?
If you are moving house, you need to know how much the full conveyancing costs of buying and selling are likely to be. We look at the expenses that you will incur alongside the basic solicitors’ costs for conveyancing and what these charges are for. The charges for the legal work aspect will depend on...
7 remortgage mistakes
There are several mistakes that are frequently made when remortgaging. We go through the top seven remortgage mistakes that we see and explain how to avoid them. Remortgaging is often beneficial, giving you the chance to move to a better deal, to reduce or increase the amount you borrow as your circumstances change and allowing...
10 top ways to improve your credit score before buying a property
If you are hoping to secure a mortgage to buy a property, it is crucial to check that your credit score is as healthy as possible. We look at how to improve your score, giving you access to the best possible mortgage deals. Securing a good interest rate for your mortgage can save you a...
7 Mortgage Myths
If you are thinking of buying a property with a mortgage, you may have questions about some of the things you have heard about mortgages. We take a look at some of the most common mortgage myths. 1. You need to find a property before you start thinking about a mortgage While you will not...
Making your mortgage more affordable
With interest rates continuing to rise, homeowners are facing concerns about the affordability of mortgages. We take a look at options that might help. Typical two-year fixed-rate mortgage deals are now, on average, at more than 6%, making the situation difficult for first-time buyers and those looking to remortgage at the end of a reduced...
Can you exchange contracts and complete on the same day?
If you are buying or selling a property, the agreement does not become legally binding until contracts are exchanged. We take a look at what this means and whether exchange and completion can happen simultaneously. When someone buys a property, there is a substantial amount of work to be done beforehand. All of this must...
Buying a building plot
If you want to build your own dream home, the first step is buying the right plot of land. There is a lot to consider before you agree to a purchase and it is vital that all of the preliminary work is done to ensure that your build goes as smoothly as possible. There are...
Joint buyer sole proprietor mortgages
With increasing financial input from parents and other family members to help young people onto the property ladder, joint buyer sole proprietor mortgages are a popular option. We take a look at how they work and what they entail. For many young people, buying their first home would be difficult without financial support from parents...
