by Brian Downton | J, Jun, 2023 | blog, mortgages
The short answer? Yes. If you don’t remortgage at the end of your term, you will be automatically transferred to your lender’s standard variable rate, which tends to be higher than the rates on most other mortgage options.* So if you’re coming to the end of your fixed...
by Brian Downton | J, Jun, 2023 | blog, mortgages
It’s no secret that the bank of mum and dad is a popular source of financial help for young people buying their first home. A recent study by Legal & General showed that a whopping 71% of millennials receive support from their parents when buying property....
by Brian Downton | J, Jun, 2023 | blog, mortgages
If the end of your fixed rate mortgage is on the horizon (even if it’s months away), then it’s a good idea to start looking at your options today. If you haven’t got a new deal in place when your fixed rate mortgage ends, your lender will put you onto their standard...
by Brian Downton | J, Jun, 2023 | blog, mortgages
Have you ever heard of a green mortgage? They’re steadily becoming a popular option for property owners, as many lenders are adding them to their portfolios. If you’re due to remortgage soon and you have an energy efficient home, it’s well worth considering them as a...
by Brian Downton | J, May, 2023 | blog, mortgages
When preparing to buy your first home, saving for a deposit can be a difficult process. As house prices, inflation and the cost of living increases, it can be challenging trying to save a large sum of money. It’s also important to consider all the other costs that are...
by Brian Downton | J, May, 2023 | blog, mortgages
Shared ownership is a government scheme introduced to help people get onto the property ladder. It can be an affordable way for people to buy a home, and potentially a great option for those who cannot afford a property outright. In this blog post, we will look at...
by Brian Downton | J, May, 2023 | blog, mortgages
Harry and Sam have been staying with Harry’s dad in his two-bedroomed terrace for just over a year while they save up a deposit for their first house. The lack of space and privacy has proved challenging to say the least and would now like to start searching for their...
by Brian Downton | J, May, 2023 | blog, mortgages
With over 10 years of record low interest rates, fixed rate mortgages offer borrowers the stability of knowing what the mortgage payment will be for a set period, which helps with budgeting. Because of the way many lenders decide what rates to offer, we’re currently...
