ADVICE
Can you extend the term of your mortgage?
Finding it increasingly tough to meet your monthly mortgage payments in light of rising costs? Don’t let things get worse… extending your mortgage term may be a possible solution. With the cost of living going up, you may be worried about your ability to pay your...
Don’t suffer from homebuyer’s remorse
Looking to buy a property? Make sure you visit your desired place during different times of the day, and don’t be tempted to act in haste after a quick first viewing. The property market is currently busy, with more buyers than properties, and this might tempt you to...
How can you tell if a buyer is serious?
Selling your home? Want it to be as stress-free as possible? Here’s how to tell if someone is genuine about buying your property. The property market can be unpredictable at the best of times. We’re not necessarily talking about fluctuating house prices or...
The truth about stress-testing
The need for stress testing has been withdrawn, which means it should be easier to get a mortgage, right? Unfortunately, this is not necessarily the case. Find out why removing stress testing may not make a difference to homebuyers. The media recently reported some...
The Bank of England increases the base rate
The latest announcement from the Bank of England to increase the base rate to 1.75% marks the sixth consecutive rate rise. The Bank of England has just announced that the base rate is increasing to 1.75% in a bid to combat rising inflation. The Bank has just announced...
What you need to know about gazumping
Unfortunately, gazumping is a fairly common occurrence, especially when property prices are rising, and there are more buyers than properties. We explain why it happens and what you can do to reduce the risk of it happening to you. Asking someone if they’ve ever been...
What you need to know about an Agreement in Principle
If you’re looking to buy a property, you may have heard about a Mortgage Agreement in Principle. Find out more about the benefits of having one… If you’re hoping to move house soon, you may have noticed there’s not much choice on the property market. There are...
Will high inflation affect mortgage affordability?
High inflation levels and a dip in real wages could mean it’s tougher for some borrowers to afford a mortgage, according to the media. Find out what’s going on… Rising inflation and a dip in real wages could make it more challenging for borrowers to afford a property,...
Rental costs continue to rise
With rental costs rising consistently, you may be contemplating whether to apply for a mortgage. Even if you’re unsure, it’s worth exploring your options. If you’re a prospective first-time buyer unsure whether to commit to taking on a mortgage, you may be motivated...
A word from our founder, Monica Bradley, on rising interest rates
Why it pays to have a conversation with an expert and formulate a plan rather than just worrying about increasing costs. We’re living in challenging times. After the stresses and strains of the pandemic over the past two years, we’re now dealing with rising fuel and...