Latest Mortgages News

What is a mortgage in principle, and how can it help prospective buyers?

Published: April 11, 2022 by Jennifer Armstrong

When applying for a mortgage, being well-prepared can make a huge difference. Although the mortgage application process can be tricky, doing the relevant research and preparing in advance can make the whole process go more smoothly. One step some buyers … Continue reading

6 insightful figures that highlight the challenges first-time buyers are facing

Published: by Jennifer Armstrong

The challenges of getting on the property ladder are well known. As property prices rise, young people are struggling to save the deposits they need to purchase their first home and pass affordability checks. These six figures highlight some of … Continue reading

Interest rates are rising. What does it mean for your mortgage?

Published: March 8, 2022 by Jennifer Armstrong

At the end of 2021, the Bank of England (BoE) raised its base interest rate from 0.1% to 0.25%. Then, the Bank increased the rate further in February to 0.5%, and now it has increased again to 0.75%. While the … Continue reading

What happened in the property market in 2021?

Published: December 27, 2021 by Jennifer Armstrong

Despite the pandemic, the property market continued to move in 2021. Thousands of families purchased their first home, moved up the property ladder, or decided to invest in property during the year. Here are a few of the key events … Continue reading

How long could you pay your mortgage without an income?

Published: December 7, 2021 by Jennifer Armstrong

When taking out a mortgage, you’ll go through affordability checks, and you may have reviewed your own budget. These will consider how affordable a mortgage is while earning your current income, but how would you cope financially if your income … Continue reading