With Brexit looming many people are so uncertain of the future of both the housing market and what mortgage rates will do! Securing the best mortgage for you in 2019 Let’s be honest, mortgage rates are so cheap at the moment and it is highly unlikely much will happen to interest rates whatever the outcome.
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A very interesting question cropped up with one of our customers today regarding extending their lease on their flat. As you may be aware, when a lease gets low then it has a big effect on (a) its value (b) its saleability and (c) its mortgage-ability! We would tell you that a lease with ‘8’
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Ten years ago, a high percentage of mortgage borrowers had the option to take an interest only mortgage. The benefit to doing this is that the monthly cost was far cheaper. If you took a £300,000 mortgage over 25 years at 3% a repayment mortgage would cost £1423 per month when compared to £750 on
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What an incredible thought, being mortgage-free? Sadly, for most of us, this is a pipe-dream in the foreseeable future – but some feel otherwise! On average, a younger generation mortgage borrower who is 34 feels optimistic that they will be mortgage-free by the time they are 51 whereas on the flip-side, a 55-year-old borrower is
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