What is the Government-backed 95% mortgage guarantee scheme
The Coronavirus (COVID-19) pandemic led to the virtual disappearance of mortgages that only required a 5% deposit. But the Chancellor, Rishi Sunak, announced on 3 March 2021 a new initiative during his Budget 2021 speech. It’s being referred to as the...
Can I get a mortgage with no deposit?
Different ways to buy your home with no deposit or a small deposit A few years ago, you would have been correct in thinking it is impossible to get a 100% mortgage. However, some lenders are beginning to find new ways to help first-time buyers. If you’re hoping to get...
What is a Decision in Principle
Before applying for a mortgage, and often before making an offer on a property, you may need a mortgage in principle called a Decision in Principle (DIP), sometimes referred to as an Agreement in Principle (AIP) or a Lending Certificate. With a Decision in Principle...
2021 – 2023 Help to Buy Equity Loan Scheme
As a first-time buyer, searching for a newly built home, you may need a financial boost. With the government’s Help to Buy: Equity Loan scheme, buying your own home could become a dream come true. So can Help to Buy: Equity Loan scheme help you buy your first...
Mortgage Ready – Planning to buy your first home
Are you planning to buy your first home this year? Get yourself MORTGAGE READY. There is a wealth of information to take in when buying your first home, and in the current market lenders are far stricter with lending criteria for first-time buyers. Most people dream...