Mortgage Blogger – Easy Mortgage Guides

What is a tenancy deposit scheme?

If you’re renting out property, protecting your tenant’s deposit in a government-backed tenancy deposit protection (TDP) scheme is a legal requirement. This guide explains how deposit protection works and highlights your responsibilities as a landlord. What is a Tenancy Deposit Scheme? Since April 2007, landlords in England and Wales have been required to safeguard their

Refinance Your Mortgage With Bad Credit: Four Steps To Success

The recent housing crisis and the predatory lending that went along with it have led many homeowners to look into the possibility of refinancing their current mortgages in order to make payments more affordable. However, the flip side to trying to accomplish this feat is that the same crisis has made many of those same

Buy-to-let mortgages

If you want to buy a rental property but need to borrow the cash, you will have to take out a buy-to-let mortgage. These are different to residential mortgages and have special terms and conditions attached. What are buy-to-let mortgages? These are loans to buy an investment property which you plan to rent out to

Brownfield sites: what you need to know for your self build project

A key part of the UK’s strategy for meeting new home build targets, redeveloping brownfield sites gives purpose to previously disused land, providing the space required for new houses to be built. Without the environmental impact often associated with new builds, building on a brownfield site is seen as a greener way of developing housing,

Exploring Alternative Financial Options

The start of 2021 has certainly seen a huge shift in many different markets as after a difficult year many have started to explore alternative options – whilst not all are guaranteed, exploring many of the bigger options may have something of interest and a way to make a little extra. But where are the

Mortgages

Build your own home using Modern Methods of Construction

Have you been thinking about building your own home? You might want to consider looking into Modern Methods of Construction (MMC), which utilises offsite production and could offer a faster and cheaper alternative to traditional brick and block construction. What is MMC? MMC is the new generation of prefabricated housing but vastly different to the

Mortgages

Mortgages at their most affordable in a decade

Halifax revealed that mortgages in the UK have reached their most affordable level in a decade. The latest price index stated that in the last quarter of 2017, typical mortgage payments accounted for less than a third of homeowners’ disposable income (29%), compared to almost half in 2007 (48%). This rise in affordability is a

Mortgages

Sitting on a Mortgage Time Bomb?

How to stop an interest-only mortgage blowing up in your face So what’s an interest-only mortgage? An interest-only mortgage is exactly what the name suggests; a home loan where you only pay the interest that accrues and aren’t bound to pay off the amount you have borrowed until the end of the term. Nearly one

Financial tips

Property in trust insurance

When you place a property (money or any other assets) in trust, you transfer its ownership to an entirely separate and independent entity. Through the transfer, you have created a distance or gap between yourself and the property concerned, so that the latter is effectively protected and discounted from any assessment of the value of

Mortgages

3 Ways to Finance a First-Time Home

Low interest rates on mortgages in Scotland, Wales, and Northern Ireland are driving a boom in housing purchases amongst first-time homeowners who can now afford their own property. In the second quarter of 2017, growth rates in these areas were twice as high as those found in London, in part due to higher housing prices in the