How Important is a Mortgage in Principle?

Posted on 08 Oct 2019
How Important is a Mortgage in Principle?

Many clients are unsure of the meaning and importance of obtaining a mortgage in principle (also known as a decision in principle) from a lender before putting in an offer on a property.

Whilst some agents may put forward your offer without one in place, the majority will not even... Read more...

Why Should I Remortgage?

Posted on 07 Oct 2019
Why Should I Remortgage?

The New Year is a great time to think about re-mortgaging. Now is the time lenders provide the best rates!

In this article, we explore the various reasons why yacht crew should consider remortgaging their investment properties.

With the U.K. imminently due to Read more...

Brexit - Pandora’s Box or Land Of Opportunity?

Posted on 01 Oct 2019
Brexit - Pandora’s Box or Land Of Opportunity?

What is the Real Impact of Brexit on the Housing Market, and how can you benefit as a Seafarer?

Brexit has proved to be the original Pandora’s Box.

Unfortunately once the lid was lifted... Read more...

Seafarer Mortgage Applications FAQs

Posted on 22 Aug 2019
Seafarer Mortgage Applications FAQs

There seems to be a lot of uncertainty surrounding the application process and eligibility of seafarer’s obtaining a mortgage in the UK.

Many clients contact us saying they have tried everywhere but to no avail, or many have got a decision in principles only to then get declined upon... Read more...

Bank Rate Maintained At 0.75%

Posted on 01 Aug 2019
Bank Rate Maintained At 0.75%

The Bank of England’s Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.75%. This is continued good news for borrowers, particularly mortgage holders, who will be relieved not to see their payments increase.

The Bank of England is expected to keep interest... Read more...

Is the UK Property Market Finally Seeing an Upturn in 2019?

Posted on 01 Aug 2019
Is the UK Property Market Finally Seeing an Upturn in 2019?

At last there is some good news regarding the stability of the UK housing market.

Mortgage lending growth remained steady in the year to June offering indications... Read more...

What are Special Purpose Vehicles & Why Are They Used By Property Developers?

Posted on 17 Jul 2019
What are Special Purpose Vehicles & Why Are They Used By Property Developers?

What is a Special Purpose Vehicle (SPV)?

A SPV (Special Purpose Vehicle) is a type of limited company that is set up for a specific purpose.

The term SPV in the mortgage industry is the term for a limited company specifically set up to buy and rent properties.

Why are... Read more...

What is a Mortgage Broker & Why Should I Use One?

Posted on 18 Jun 2019
What is a Mortgage Broker & Why Should I Use One?

Put simply, a mortgage broker is an intermediary who will help you to find and arrange a deal on your mortgage.

The advice they give is tailored to your individual needs and circumstances

Not only will they be able to tell you what size mortgage you’re likely to get based on... Read more...

What is a Help to Buy Equity Loan?

Posted on 05 Jun 2019
What is a Help to Buy Equity Loan?

A Help to Buy equity loan is a loan from the government which you can combine with a deposit and a mortgage to buy a new-build property.

The loan is interest-free for the first five years.

The... Read more...

A Step by Step Guide to the Home Buying Process

Posted on 23 May 2019
A Step by Step Guide to the Home Buying Process

Buying a home is a huge financial commitment and can be daunting – especially if you’re a first-time buyer.

The process is often a complex and lengthy one but if you break it down into stages, things aren't as scary as they seem.

If you can get your head around the basics of ... Read more...