The latest from Tim
Buy-to-Let Mortgages
A buy-to-let mortgage allows you to borrow the funds needed to buy a property to rent out.
Notice of Default: What Is It and What Should You Do?
You might receive a notice of default from your lender if you miss loan repayments. If you can't pay your debt, you risk defaulting on your loan.
What Credit Score Do I Need For a Loan?
Your credit score is important for lots of reasons, not least because it can help lenders decide whether to approve your loan application. When it comes to the credit score…
Secured vs Unsecured Loan: What’s the Difference?
Secured loans require you to put forward some form of security, or collateral, but unsecured loans don’t need to be backed by any asset.
How to Get a Loan
It can be fairly simple and quick to apply for a loan online. Knowing what to expect and being prepared in advance can make the process even smoother. Find out…
Personal Guarantees Explained
Providing a personal guarantee for business borrowing (such as a business loan or business credit card) can allow smaller business owners to secure credit that might otherwise be out of…
Do I Need an Accountant for My Small Business?
An accountant could help your small business with various things like filing your annual tax return and managing your payroll – especially if you haven’t been trading for long or…
Loans to Buy a Business: Guide, Pros and Cons
Business loans aren’t just for building from the ground up. If you have experience operating a profitable business, securing a loan to buy a business might be an option for…
Fixed or Variable Mortgage: Which is Right for You?
The main difference between a fixed and variable mortgage is that your mortgage rate stays the same for a set period with a fixed-rate mortgage, while with a variable rate…
No Deposit Mortgages: Getting a 100% Mortgage Without a Deposit
A no deposit mortgage may be an option if you’re struggling to raise the deposit for a home, though you’ll probably need a family member or friend to be your…
95% Mortgages: Getting a Mortgage With a 5% Deposit
95% mortgages only require you to have a 5% deposit. They are mainly used by first-time buyers, and sometimes by existing homeowners who are looking to move or remortgage but…
Interest Only Mortgages
With an interest only mortgage you’ll only pay off the mortgage interest each month, but none of the original loan.
How Much Deposit Do You Need for a House?
A deposit of 5% is usually the minimum needed to get a mortgage to buy a home, but saving a larger deposit can help you secure a lower mortgage rate.
What is a Mortgage in Principle and How do You Get One?
Getting a mortgage in principle can give you an idea of whether a lender will offer you a mortgage and for how much.
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.