John's picks
Porting a Mortgage Explained
Porting a mortgage is when you transfer your existing mortgage deal when you move to a new home, instead of taking out a new mortgage. Here’s how mortgage porting works…
Transferring Property Ownership From Parent to Your Child
Parents can transfer ownership of a property to their child in the form of a gift or by transferring equity in the property, but it’s important to be aware of…
How to Tap into your Property’s Value Through Equity Release
Equity release is a type of loan that allows older borrowers to access some of the money tied up in their property. There are different types, like a lifetime mortgage…
The latest from John
Discount Mortgages: Is a Lower Rate Worth the Risks?
A discount rate mortgage tracks a lender's standard variable rate, but at a discount. There are pros and cons to this sort of loan.
Employee Loans: How to Get a Loan at Work
Employers can offer loans to their employees in a few different ways. Employee loans can come directly from your place of work or a third party.
Mortgage Guarantee Scheme: What is it, and do you Need to Apply?
The government’s mortgage guarantee scheme aims to ensure mortgages are available to buyers with a 5% deposit. The 95% mortgage scheme is due to run until the end of June…
Mortgage Advice: Do I Need a Mortgage Broker?
The job of a mortgage adviser or broker is to help you find the best mortgage for your circumstances and needs. They may also apply for the mortgage and take…
How to Get Help With a Mortgage Deposit
The larger your deposit, the less you have to borrow to cover the cost of your home, which often means lower interest rates. A few schemes and options are available…
Guarantor Mortgages: What Are They and How Do They Work?
A guarantor mortgage could be an option if your income, small deposit, or bad credit means you’re finding it difficult to get a mortgage on your own. Your mortgage guarantor…
Offset Mortgages: Using Savings to Lower Your Interest
An offset mortgage links your savings to your mortgage, reducing the mortgage amount you have to pay interest on. You could lower your monthly mortgage repayments or pay off your…
What is a Let-to-Buy Mortgage?
A let-to-buy mortgage allows you to buy a new home and let out your existing property to bring in extra income. It can be useful if you can’t or don’t…
Credit Union Loans: How Do They Work?
If you need to borrow money, you may consider a credit union loan. You need to join a credit union to apply for a loan, but they could be more…
How to Tap into your Property’s Value Through Equity Release
Equity release is a type of loan that allows older borrowers to access some of the money tied up in their property. There are different types, like a lifetime mortgage…
Breaking Down Your Completion Statement
A completion statement is effectively the bill for the purchase of a property, laying out what you need to pay.
What is a Cashback Mortgage?
To tempt those buying a property or remortgaging, some lenders offer cashback mortgages. This type of deal involves the lender paying a cash lump sum to the borrower. Read on…
Fixed-Rate Mortgages: Peace of Mind Over Your Repayments
With a fixed-rate mortgage your interest rate, and therefore your monthly repayments, will stay the same for the duration of the period you’ve chosen to fix. Most fixed-rate mortgages are…
House Survey: What Homebuyers Need to Know
If you’re buying a new home, you probably want to know exactly what you’re buying. Fortunately, professional surveyors can inspect the property as part of a homebuyers report. We explain…
What is a Residential Mortgage?
A residential mortgage is used to purchase a property that you plan to live in. The loan is taken out against the property and can come in various forms, such…