As I am sure you are already aware, the changes in Stamp Duty Legislation came into force on the 1st April, 2016 affecting additional Stamp Duty charges on the purchase of a second home. Did you complete the purchase on your current property in March 2016? Many homeowners and landlords will be due for a […]
Many of you may be unaware at the moment that you’re currently paying a mortgage on a standard variable rate. Further to this, you may be aware that there has been an increase in the base rate on mortgages by 0.25%. This may not sound like much, however by remortgaging, you could be saving on […]
In this age of economic uncertainty making those big financial decisions such as taking on a mortgage requires extensive research and informed decision-making. If you have tried to find the the right mortgage without a mortgage broker you will know how daunting it can be. You also have to find the best price, which […]
You may be earning a good income, but your credit history is one of the most significant details lenders will consider when approving a mortgage. Bad credit or a low credit score can seriously compromise a person’s ability to gain a mortgage regardless of their income level. This is due to the fact that lenders will consider […]
The Mortgage Bankers’ Association in America report that new mortgage applications have dropped over 6% compared last week and when compared to the same week last year, new mortgage applications are down 17%. Interestingly homebuyer demand is still strong, but the number of purchases has fallen due to the size of average purchase loan application.