The latest from Tim
Guaranteed Minimum Pension Explained – What is GMP?
You might have a guaranteed minimum pension if you were a member of a contracted out final salary scheme before April 1997. A GMP pension should pay a level of…
What is a Drawdown Mortgage?
A drawdown mortgage is a form of equity release that allows you to unlock the equity in your home as and when you require. As you only pay interest on…
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.
Non-Standard Construction Mortgages: Who Needs One and How Do They Work?
A non-standard construction mortgage might be needed if the home you’re buying or already own is built differently from the norm. Prefabricated concrete houses, steel or timber-framed homes, listed properties…
Logbook Loans: Loans Secured on Your Car or Vehicle
Logbook loans provide a way to borrow using your vehicle as security for the loan. You can use the vehicle while repaying the loan, but very high rates of interest…
Green Mortgages: What Are They and Will You Save Money?
Green mortgages offer incentives, such as lower interest rates and cashback, to borrowers who purchase an energy-efficient home, or make improvements to their property to meet certain environmental standards. This…
SERPS Pension Explained
If you contributed towards a SERPS pension between 1978 and 2002, you might be due a top up to your state pension. Alternatively you may have contracted out of SERPS,…
Land Mortgages: How to Get a Mortgage for Land
A land mortgage can help you secure the plot of land you want, whether it’s for a self-build project, commercial development, or an agricultural mortgage for farmland. Find out more…
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…
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…
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…
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…
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…
Should I Take Out a Loan Against My House?
Taking out a loan against property could be an option if you need to borrow a larger sum, perhaps to help pay for home improvements, or are struggling to get…
SSAS Pension: How a Small Self-Administered Scheme Works
A small self-administered scheme, or SSAS pension, can be set up by senior company executives who want to take full pension investment responsibility for themselves. The tax advantages of using…