Tax Year Overviews and Tax Calculations Explained
In the complex landscape of a mortgage applications, understanding the intricacies of your tax year overview and tax calculations is very important. These essential documents, provided by HM Revenue and Customs (HMRC) serve as record of an individual’s income and tax details for a specific tax year. Whether you are self-employed or someone with multiple […]
What happens if I can’t pay my mortgage?
Understanding Your Options You could get in touch with your lender, as they may have options available for homeowners who are struggling. For example, you might be able to – Switch To An Interest Only Mortgage Instead of a repayment mortgage, where you repay the capital plus interest. Extend Your Mortgage Term This will lower […]
Our Guide to Using CamScanner
Our guide to using CamScanner to send us your documents | The Mortgage Stop
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. […]
Feeling the Squeeze – Romsey Residents and the UK Mortgage Rate Hike – Insights from Rita Kohli
Rita Kohli, the Managing Director of The Mortgage Stop, has been at the forefront of Romsey mortgage advice for years. With her extensive experience and deep understanding of the market, she’s been guiding local homeowners through the current financial storm. The Bank of England’s base rate increase has led to fixed-rate mortgage deals hitting levels […]
Extending Your Mortgage Term – Weighing up the Options
A Brief Introduction to Extending Your Mortgage Term When Remortgaging In today’s ever-changing economic landscape, managing your mortgage effectively is more important than ever. Recent interest rate rises, the cost of living crisis, and soaring energy bills have left many homeowners searching for ways to alleviate financial pressure. One option to consider is extending your […]
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 Remortgaging Can Help You Save Money
Are you feeling the pinch of rising costs and an uncertain economic climate? With the Bank of England base rate at its highest level since 2010 and inflation still above 10%, it’s no surprise that many are feeling the strain of higher expenses for fuel, energy, and everyday basics. To make matters worse, this year […]
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 […]
Should I Overpay On My Mortgage?
When it comes to managing your mortgage, one of the decisions people often ask themselves is “whether or not to overpay on my mortgage”. This decision can have serious consequences for your finances in both the short and long run, so it’s important to weigh all the pros and cons before making a decision In […]