Lender’s valuations explained
What is a lender’s valuation and why do you need one? When you buy a property and need a mortgage, the lender will commission a mortgage valuation. The valuation advises the lender of the value of a property and of any characteristics of the property, including...
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...
Remortgaging – lower your monthly mortgage repayments
While most home owners have a mortgage, many don’t realise that they could save money by remortgaging. While there are good reasons to find a new mortgage deal, it really depends on your situation and circumstances. Not sure whether to remortgage, you will want to...
Choosing the right mortgage
Choosing the right mortgage, whether it’s your first home or the next rung on the property ladder, one of the most important things you’ll need to consider is the type of mortgage that’s right for you. When choosing the right mortgage, it can make a big...