The latest from Tim
What is a Second Charge Mortgage?
A second charge mortgage allows homeowners to borrow against the equity in their property while still having an existing mortgage. These mortgages usually have higher interest rates than a standard…
Mortgage Prisoners: Is There Help to Escape to a Better Rate?
Rule changes in 2019 have allowed some so-called mortgage prisoners to escape, and there may be other switching options to explore. But thousands of others remain trapped unable to move…
Do You Need a Solicitor to Remortgage?
The legal expertise of a solicitor will be needed if you remortgage with a new lender but may not be necessary if you take out a new deal with your…
Signs Mortgage Rate Cuts May Slow After Inflation Rise
The period of constant mortgage rate reductions may have passed and the first base rate cut could be delayed after inflation unexpectedly rises. Here are our latest mortgage rate predictions.
How Long Does a Remortgage Take?
The remortgaging process may take one to two months if you’re switching to a new lender, or it could be less than a week if you stay with your current…
When Can You Remortgage?
It’s possible to remortgage whenever and how often you like, but there may be charges if you remortgage before your current deal ends.
Bridging Loans Explained: How do Bridge Loans Work?
A bridging loan can act as a bridge between the sale of one property and the purchasing of another. It is a short-term option that helps bridge a financial gap…
A Guide to Bridging Loan Rates and Costs
Bridging loan costs can quickly stack up, with various fees being payable alongside the bridging loan rate that will determine your monthly repayments. To keep the cost of a bridging…
Self-Employed Mortgages: How to Get One and What You’ll Need
If you’re self-employed and are planning to get a mortgage, you’ll need your accounts to be in order and you may need to jump through a few extra hoops. Proof…
Student Mortgage: Can I Buy A House As A Student?
Getting a mortgage as a student – often called a buy-for-uni mortgage –could be an option iIf you are at university and would prefer not to rent. However, the criteria…
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…
How Capital Repayment Mortgages Work
A capital repayment mortgage lets you pay back some of the capital you borrowed along with the interest you’re charged each month.
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…
More Cuts in Mortgage Rates Predicted for 2024
Further mortgage rate cuts are widely forecast for 2024 amid a lender price war and predictions the base rate will be heading lower by May.
Should You Remortgage with the Same Lender or Switch?
Remortgaging with your current lender can be easier and quicker than changing mortgage providers, but a different lender may offer better remortgage deals.