Mortgage Broker vs Bank This is a question I get asked fairly frequently. It seems to me that mortgage brokers are deemed as a fall back option if the bank says no. While our services do extend to this assistance there are far more valuable reasons why you should consider approaching a mortgage broker before contacting your bank. Did you
Remortgages in Brighton Hove and Shoreham For the first time in my 19 year mortgage career I would describe remortgaging as exciting. The act of remortgaging of course isn’t (nobody likes paperwork), but the savings that can be made currently and what can be done with this money certainly is! When opportunity knocks…. Property prices have risen significantly in the
The 95% mortgage is BACK!
This popular lending option from pre ‘credit crunch’ sees buyers able to purchase property with just a 5% deposit. A fantastic opportunity for first time buyers whom haven’t yet raised the capital for a 10%+ deposit.
The BBC recently published an article about interest only mortgages and the shocking volume of people who are likely to be effected in coming years when they haven’t made provisions to repay the original debt. It’s an interesting topic and something that has also sparked over 900 comments on the article.
Interest only mortgages became popular in the early 2000’s and according to Citizens Advice Bureau by 2027-28 will be when the first peak of repayment problems are expected to appear. The next wave resulting from the (often described as irresponsible lending) pre ‘credit crunch’ will come in 2032.
In this article we investigate online vs traditional estate agencies to see who comes out top! I do understand the allure of an online agency vs a traditional agency, it’s the new craze and even Sarah Beeny from Channel 4 property programme fame has jumped on the bandwagon! So what is an online agency? It serves the same purpose as a traditional agency you’ll likely be familiar with, to promote your property to potential buyers via websites like Rightmove and help you build an effective sales description for your property including things like floorplans, virtual tours, EPC and more! Some also offer support with conveyancing and optional professional photography, or a professional negotiator to mediate the sales process.
If you’re planning to sell your home in the next few years you might have found yourself considering home improvements to make which are likely to add value to the property. In this article we look at whether it is worthwhile investing in a new kitchen prior to selling.
We have probably all heard about the dramatic growth in property prices across London and the commuter belt, and it’s precisely this which has spurred some City livers to reconsider their town house in favour of a better value home and more relaxed lifestyle at one of the UK’s harbor or Marina villages.
And another thing I’m fairly sure about, is that people frequently don’t take out sufficient insurance to protect their income in case life is unkind or unfair.
Legislation has been relaxed and steadily mortgage lenders have become more willing to provide finance. In fact as of Q3 2014 it accounted for 14% of all mortgage lending*.
There are many reasons people may choose to up-size but the upheaval of moving home in order to gain more space might not be favourable. Instead many are opting to extend their home and in this blog we round up some of the most popular choices.
Get expert mortgage advice tailored to your needs. Contact us today – no obligation, just clear and honest guidance.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Number One Mortgages Ltd is authorised and regulated by the Financial Conduct Authority. We typically charge £749 for mortgages on new purchases and £499 for remortgages.
A summary of our internal complaints handling procedure is available on request, if you are unable to settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk