John

Even though the risk of your house being destroyed can be minimal, knowing what will happen can be essential to help you plan for the worst, especially understanding what will happen to possibly your largest expense, the mortgage. Nothing happens to your mortgage if your house is destroyed and you need to keep paying, even … Read more

Lying on your mortgage application may seem like a good idea at the time. Hiding key pieces of information, embellishing the truth or just straight up lying in order for a mortgage lender to approve your application that they may otherwise have denied can be classed as mortgage fraud. The penalty for lying on a … Read more

Making sure you have enough money in your bank account for your mortgage payment can be difficult enough without the worry about when that payment will even be taken. No, mortgage payments do not come out on weekends or bank holidays, payments are only sent on working days. This means if you have a payment … Read more

Unfortunately, recessions are part of the economic cycle so are inevitable. However, knowing what happens to mortgage rates in a recession and whether they go up or down can make sure you can properly prepare. In a recession mortgage rates typically go down as governments try to stimulate the economy by reducing interest rates. This … Read more

Buying a house is regularly cited as one of the most stressful things you can do, including finding a property in the first place and making an offer. Knowing whether you need a mortgage agreement in principle (AIP) in place or whether you can make an offer without one is key. No, you don’t need … Read more

Getting a mortgage can be difficult, often having to jump through multiple hoops to prove who you are and that you’re a credible borrower. This can be made even harder if you’re wanting to secure two mortgages with different lenders, so is it possible? Yes, you can have two mortgages with different lenders, it all … Read more

With demand for property continuing to rise, securing your mortgage as quickly as possible can help ensure you’re in the best position to make the purchase. However, if it’s getting closer to the weekend it’s definitely worth knowing whether your mortgage broker works on the weekend. Yes, some mortgage brokers work weekends as they’re aware … Read more

A buy for uni mortgage can help university students make the most of their situation and buy a property to live in during their studies. This can be a great alternative to leasing a potentially sub-standard property from a student landlord. However, knowing whether this product is right for you can be a challenge, especially … Read more

For a lot of people, going to university can be a great way to change careers into something they’re more passionate about or even just to help increase their earning potential. However, having a mortgage to pay each month can be quite an obstacle, so is it possible? Yes, it is possible to go to … Read more

Buying a property is regularly cited as being one of the most stressful things you can do and for good reason. There are a lot of moving parts, including finding the property in the first place. However, what you’re probably not expecting is the process to grind to a halt because of slow conveyancing solicitors. … Read more