The latest from Tim
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…
Stakeholder Pensions Explained
Stakeholder pensions are flexible pension schemes designed to provide a way for anyone to save for their retirement. All stakeholder pension schemes must have certain features, including low minimum contribution…
AVC Pensions: How Additional Voluntary Contributions Work
An AVC pension scheme could prove useful if you want to supplement payments you make into a workplace pension. AVC pensions allow flexibility when it comes to managing contributions and…
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.
Should I Get an Interest Only or Repayment Mortgage?
There are two main ways of repaying a mortgage. With an interest only mortgage, your monthly payments only cover the interest charged on your loan. With a repayment mortgage, your…
What’s the Difference Between Freehold and Leasehold?
Most home buyers in the UK have two main options when it comes to property ownership: it will usually be offered freehold or leasehold. With freehold, you will own the…
Shared Ownership Mortgages Explained
A shared ownership mortgage can help make buying a home more affordable if purchasing a property outright is difficult. You’ll buy a share of the home at the start, and…
First Homes Scheme: Discounts for First-Time Buyers
The government First Homes scheme aims to help local first-time buyers and key workers get on the property ladder. If you’re eligible, you may be able to buy a new-build…
Rent to Buy: What is the Scheme and How Does it Work?
The government’s Rent to Buy scheme provides would-be homeowners with a way to bridge the gap between renting a property and owning one.
First-time Buyer Stamp Duty Relief Explained
As a first-time buyer you only need to pay stamp duty if the property you’re buying costs over £425,000. Even if it costs more, first-time buyer stamp duty relief means…
Loans for People on Disability Benefits
It can be possible to get a loan if you have a disability or long-term illness and are receiving disability benefits, but the interest rates you’re asked to pay might…