The Ultimate Guide to Buying Your First Home – 10 Essential Steps
As a first-time buyer, stepping onto the property ladder can be both an exciting and daunting experience. With so many factors to consider and decisions to make, it’s easy to feel overwhelmed. But fear not, first-time home buyer! This comprehensive guide is here to help you navigate the journey to homeownership with confidence and ease. […]
Skipton Launches 100% Mortgages for Renters
The Skipton Building Society has recently launched a new mortgage product that is exclusively for renters offering a 100% mortgage. This mortgage product is aimed at helping renters get away from sinking money into landlords pockets and into homeownership, but be warned these won’t come without risk. In this article post, we will discuss what […]
Shared Ownership – How Property Price Changes Affect Your Investment
As property prices fluctuate, it is essential to understand how these changes can affect shared ownership. In this article, we will explore the implications of increasing and decreasing property values on shared ownership using two example scenarios. Shared ownership is a popular option for first-time homebuyers in the UK, as it offers an affordable means […]
Shared Ownership – A Comprehensive Guide for First-Time Buyers
Although recent trends show property prices are falling slowly across the UK, the dream of homeownership remains elusive for many first-time buyers. Shared ownership properties offer a solution to this challenge, providing a more attainable pathway to owning a home without bearing the full financial burden. Shared ownership schemes allow first-time buyers and those who […]
A Guide to Mortgages for Seafarers – Sail Through to a Successful Application
Purchasing a home is an exciting and rewarding experience. However, when it comes to mortgages for seafarers you may encounter unique challenges when it comes to obtaining a mortgage. Your irregular income, limited time onshore, employers registered in other countries, and the fluctuations of exchange rates if paid in foreign currency are just a few […]
How to Cut the Time it Takes to Save a Deposit for Your First Home – 5 Top Tips for First Time Buyers
Buying a first home is a significant milestone for many people, marking the start of a new chapter in their lives. However, for first-time buyers, saving up for a deposit can be a challenging process that can take years to achieve. With house prices continuing to rise, albeit it more slowly than before, the task […]
What are guarantor mortgages? Our guide for you and your guarantor
What are guarantor mortgages? With today’s housing market and property prices continuing to rise, many first-time buyers are struggling to find a way to get a mortgage to purchase their own property. There is help from government schemes but they may not be suitable for you Whilst there are several government-backed schemes such as Help […]
Applying for a Mortgage – A First Time Buyers Guide
The mortgage process can be a bit of a mystery for first-time buyers. It’s not always easy to know where to start, what paperwork is needed and what the next steps are. We’ve compiled some helpful tips and resources from our experts below that will help you get on your way to buying your first […]
Leave Renting and Start Owning – 5 Ways for First Time Buyers to Get on the Property Ladder
There are a lot of first time buyers who are desperate to get on the property ladder and own their own homes. However, house prices have gone through the roof in recent years in the UK and it can be very challenging for first-time buyers to do this. That’s why many people are still living […]
What’s the difference between a fixed rate mortgage and a variable rate?
The first thing people think about when they’re looking to buy a home is deciding between a fixed and variable rate mortgage. Let’s take a closer look at the difference and help you decide which one is right for your needs. Fixed Rate Mortgages A fixed-rate mortgage has an interest rate that stays the same […]