Mortgage information, news and knowledge

Buying Below Market Value: Which Figure Will the Mortgage Lender Use?
A property may be advertised as worth £250,000 but available to purchase for £200,000. The buyer may naturally assume that

Interest-Only Buy-to-Let: The Repayment Strategy Landlords Cannot Ignore
Interest-only mortgages are widely used by landlords because the monthly payment normally covers only the interest charged on the loan.

Are Mortgage Lenders Becoming More Flexible? The Latest Market Review
Mortgage lenders appear to be becoming more flexible in several areas, but that does not mean borrowing has become easy

Mortgage Application Declined? What to Do Before Applying Again
A declined mortgage application can be disappointing, particularly when a purchase, remortgage or property investment depends on the finance being

Early Repayment Charges: The Mortgage Cost Borrowers Discover Too Late
A borrower may find a lower mortgage rate, decide to sell a property or want to release equity—only to discover

Standard Buy-to-Let, HMO or Holiday Let: Different Properties Need Different Finance
A property may look suitable for several different letting strategies, but a standard tenancy, an HMO and a holiday let

Building a Mortgage Referral Service for Landlords, Tenants and Vendors
Letting and estate agents regularly speak to clients at moments when property finance becomes important. A landlord may be planning

Let-to-Buy: Could You Keep Your Existing Home When You Move?
Moving home does not always mean selling the property you currently live in. A let-to-buy arrangement allows a homeowner to

Voids, Arrears and Variable Rent: How Lenders Assess Rental Income
Rental income is central to most buy-to-let mortgage assessments, but lenders do not simply accept the highest figure shown on

Refurbish, Refinance, Rent: Getting the Funding Sequence Right
Buying a property that needs improvement can create an opportunity for a landlord to add value, improve rental demand and