First Mortgage News

Recent figures released by the HM Treasury show approximately 94,000 people have secured a new property with the aid of Help to Buy (HTB) since its launch in April 2013. It is understood that 80% of these completions were accounted for by first time buyers. These numbers include sales via the equity loan scheme as […]

Self-Employed Mortgages: A Wake up Call for the Industry? Recent figures reveal that 40% of the UK’s self-employed workforce believes their status has significantly reduced their chances of securing a homeloan. According to specialist lender Precise Mortgages, only 5% of self-employed individuals are confident that their chances of getting a mortgage have improved significantly. There […]

What constitutes a self employed worker varies amongst lenders, with many categorising an individual who is self employed as owning at least 20 to 25% of a company. However self employed workers are diverse and sit in various “sub-categories”, and many providers have individual criterion for borrowers who are sole traders, limited company owners or […]

With mortgage rates at all time lows, now could not be a better time to think about your options whether you are looking to climb up the property ladder, remortgage or simply buy your first home. Securing a cheap mortgage deal will undoubtedly result in lesser mortgage payments, however it is not just the headline […]

Surge in Mortgage Product Volumes Latest figures released from Mortgage Advice Bureau, have revealed the total number of mortgage products is now at a post-recession high.Twelve months on from the Mortgage Market Review (MMR), the total number of products has soared by 19%, from 11,416 to 13,539. This is the greatest figure recorded on the […]

Moving home can be an exciting time, but it can also be extremely stressful and expensive. It is not just about the cost of the house and getting a mortgage arranged, there are also a number of associated costs which need to be taken into account and unfortunately, these have risen dramatically in recent years. […]