Stamp Duty – What is it?
Stamp Duty – what is it? When you buy a residential property or land in either England or Northern Ireland and its value exceeds £125k, you will have to pay what’s known as Stamp Duty Land Tax – more commonly abbreviated by estate agents and mortgage...
I’ve Come into Some Money – Should I Pay off my Mortgage?
If you’ve had a recent windfall, be it from a bonus at work, an inheritance or even a lottery win, you might be considering paying off your mortgage or at least paying off a sizeable chunk of it. Ask a reputable mortgage advisor whether doing so is a prudent move or...
What is a mortgage?
A mortgage, also called a mortgage loan, is the money you borrow from a lender towards the cost of a house or flat. The security for the loan is the property itself. This means that if you do not keep up your mortgage repayments, the lender may decide to get their...
7 reasons to use an independent mortgage broker
With so many costs associated with moving house, it can be tempting to cut out as many as you safely can. Many of us drum up friends instead of hiring a removal firm, while others decide to ignore the horrible décor in our new homes until the cash flow situation has...
Mortgage terminology – what does it all mean?
If you’re taking out your first mortgage, the array of acronyms and terminology can seem quite bewildering. In this blog, we explain some of the key acronyms, initials and terms you’re likely to come across – we hope it will make you feel more confident as you...