Affording a Mortgage

With the traditional method of lending sometimes deemed too rigid lenders have developed affordability calculators to see what a borrower really can afford and help them to get on the property ...

There are those among us who would like to own their own home but cannot afford the deposit for a mortgage because of a low income or poor credit history. To this end such individuals can apply for ...

What is an Endowment Mortgage? An endowment mortgage is different from an ordinary mortgage in that it does reduce the amount of your mortgage as you pay your premiums every month. Instead an ...

For those of us buying our first home it is worth remembering that there are additional charges and fees to be incurred when doing so. Many people think, and wrongly so, that these fees and charges ...

This article looks at foreclosure and what happens if your mortgage lender decides to foreclose on your home. It also looks at what you can do to prevent your mortgage lender from foreclosing on ...

When buying property you will be making two types of payment for the property purchase. There is the mortgage of course, the biggest sum that comes from a lender, but there is also the deposit. The ...

There are many people in the United Kingdom – and indeed throughout the world – who suffer from adverse credit which means that when it comes to applying for loans, mortgages or other such credit ...

Some individuals who want to buy a house cannot afford to do so by themselves so they apply for a joint mortgage with either a partner, a friend or a business partner. This allows them to get a ...

What is a Guarantor Mortgage? With first-time buyers increasingly struggling to get on the housing ladder, would be buyers are turning to the bank of mum and dad to help give them a helping ...

When paying a mortgage it is always a worth while idea to take into consideration what might happen if you find yourself out of work or unable to work because of an accident or illness. If the ...

With house prices so high borrowers want to know they have every chance available to them to get their dream home. Self-cert mortgages help those who can’t prove their income in the usual way to ...

Mortgages, in one form or another have been around for centuries – after all it’s basically the idea of borrowing money to buy a house and paying it back with interest. Of course, with ...

When buying a property it is important to have input from someone with experience in such matters and there is no one better qualified than a financial advisor to help you through the minefield of ...