There is always the question of whether to go with a mortgage broker, or directly through the bank, when you are applying for a mortgage. There are of course pros and cons for both, but
Rising Inflation Damages Credit Scores
The rising inflation rates may mean that securing a new or first time mortgage will be difficult this year, iNews reports. Despite a strong demand from those looking to take their first step
Why Hundreds Of Mortgage Products Have Been Discontinued By Lenders
Throughout February 2022, mortgage lenders axed 518 products, which is the largest monthly fall in choice since May 2020, during a period before the housing market reopened with aplomb.
What Factors Can Make A Mortgage Unusual?
Many mortgage lenders and underwriters want applications to be relatively typical, in no small part because they perceive that the less risky a borrower appears to be, the more likely they
What’s Next For UK Mortgage Rates?
According to data from the Office for National Statistics (ONS), UK house prices increased by 10 per cent in the year to November 2021, which is an increase from 9.8 per cent in the year to
Third Of Homeowners Unsure Of Being Mortgage-Free By Retirement
One in three homeowners with a mortgage is unsure if they will be debt-free by the time they retire or have even rolled the possibility out, according to a survey.
This Is Money reports
Does Paying Off A County Court Judgement Help Your Mortgage Chances?
Credit eligibility is a very complex process, with some elements of subjectivity with regards to which financial factors are prioritised over others.
However, outside of bankruptcy
What Are The Effects Of A County Court Judgement?
Eligibility for a mortgage can depend heavily on the lender, with certain banks preferring some types of borrower over others due to an aversion to risk. This is a problem often seen with
Mortgage Brokers ‘Becoming More Flexible’ With Lending
New data has indicated mortgage brokers are becoming more flexible as they adjust to the strange economic circumstances that have arisen due to the pandemic.
Research by Knowledge Bank
Bank Of England Considers Relaxing Mortgage Affordability Checks
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Unexpected Factors That Can Affect Your Credit Score
When applying for loans, lines of credit or mortgages, lenders want to know that a borrower can make the regular repayments consistently without any gaps, deferrals or delays.
Because
Is It Impossible To Get A Mortgage With A Judgement Against You?
A county court judgement (CCJ) being made against you can cause significant problems when applying for finance, loans and often for mortgages.
The reason for this is that a CCJ is a
