The latest from John
How to Get a Low Deposit Mortgage
The smallest deposit that you can buy a house with currently is 5%. A more common ‘low’ deposit is 10%, as borrowers have far more options if they are looking…
House Equity: What Is It and Why Does It Matter?
House equity is the difference between the market value of your home and the amount you owe on your mortgage and secured loans. So it’s how much you own of…
What Does Loan-to-Value (LTV) Mean for a Mortgage?
The loan-to-value (LTV) ratio is your mortgage amount expressed as a percentage of the current value of the property being bought or remortgaged. The bigger your deposit or the equity…
Selling a House With a Mortgage: Key Things to Know
Proceeds from the sale of your house often go toward your new home. Find out what’s involved and what you may need to consider.
Notice of Default: What Is It and What Does It Mean?
If you miss loan repayments, you might receive a notice of default from your lender warning that you have broken your credit agreement. If you can't pay your debt, you…
Lifetime ISA: Bonus on Savings for a Home or Retirement
If you’re aged 18 to 40, you can open a lifetime ISA (LISA) and earn a 25% annual bonus on up to £4,000 in savings, until you’re 50.
House Removals – Everything you Need to Know
House removals can ease the stress of moving house by handling the heavy lifting for you. Several factors, such as distance, the services needed and the number of items, determine…
Conveyancing Fees: The Cost When Buying and Selling
Conveyancers transfer the ownership of a property from one party to another, and you will need one when buying or selling a home. A few common conveyancing fees include land…
Want to Know What a House is Worth? Get a House Valuation
Whether you’re remortgaging, buying, selling, or applying for a mortgage, a house valuation is a critical tool to ensure you know the correct price of a property. House valuations can…
What’s Involved in an Exchange of Contracts?
Near the end of a property transaction, both parties sign contracts detailing what is expected and it’s at this stage that they commit to go through with the agreement.
Equity Release or Remortgage: Which is Right For You?
If you’re an older homeowner who wants to unlock the equity in your home, equity release or remortgaging could both be explored.
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…