Mortgage News

Shared ownership mortgages are best for people who cannot afford to buy a home single handily. This government scheme is specially designed for first time buyers who struggle to get a foothold on the property ladder. Shared ownership mortgage – how does it work? In this case, the buyers can split their purchase and form […]

An Offset Mortgage is a loan that allows you to use your savings to cut down the mortgage costs. To facilitate the finances, you can club your savings account with your mortgage. The money in your account would be counted as an overpayment for the mortgage. However, this would just be a temporary arrangement and […]

Mortgage interest rates – the basis of repayments Mortgages normally come with an additional cost which is nothing but the interest you pay on the amount borrowed. When you already have a big loan like a mortgage, the interest can become really heavy and often pile up thousands of pounds on the amount you need […]

We all know that mortgages can be paid in these two ways – interest only and repayments. Again, it is a well known fact that interest only mortgages are best for cheaper monthly repayments however, they are not the safest bet and many loan experts may advise you not to choose them. In case, you […]

Does the idea of grabbing a 95% mortgage deal excite you? With the ever rising home and property prices, it becomes difficult for the first time home buyers to see their dream home turning into reality. Most of them cannot save more than 5% of the actual price of the house they want to buy. […]

Are you a First Time Home Buyer? – Check the Most Helpful Tips to get Your Dream House All of us have an idea about our dream house and often want the place to be comfortable, cosy and relaxing. We have the mental picture of the design and the feel of the home, but buying […]