The Homeowner Mortgage Support Scheme
Announced on December 3rd, the Homeowner Mortgage Support Scheme has been introduced by the government to provide homeowners with more assurances that they will be able to remain in their homes if they experience a temporary fall in income.
The scheme allows lenders to lower a borrower’s current monthly mortgage payments, with the deferred payments added [...]
Borrowing For a Mortgage? Have a Deposit!
You can save up to £2,200 a year if you have a deposit of up to 40% of the property value. Those who have a lower deposit are paying up to this amount on the same loan!
According to new research released by mform.co.uk, on a 2 year tracker mortgage of £150,000, borrowers with a 40% [...]
Mortgages - How Much Can I Borrow
Buying a house is one of the biggest purchases you’ll ever make so it is important you know how much you can afford before you go house hunting. You don’t want to be disappointed! These five factors will give you an indication of how much you can borrow:
1. Salary Multiples
2. [...]