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