Market analysis by specialist property lending experts, Octane Capital, reveals that the average homebuyer coming to the end of their mortgage term over the next year is set to see the cost of their monthly repayments climb by over £300 a month, despite having made three years worth of payments. The […]
As interest and mortgage rates rise, mortgage providers are becoming more strict when it comes to who they will and will not lend to. This means that anyone who has adverse credit might find it difficult to get mortgage approval. But new industry insight from Revolution Brokers shows that people with adverse […]
In September this year, there will be a significant change to the rules around how lenders judge whether or not a person can afford a buy-to-let mortgage. Landlords will have to move quickly if they wish to secure new mortgages before these rules take effect. The background Back in April […]
It’s probably fair to say that the mortgage market drives the UK housing market. Of course, there are cash-rich investors, who can buy property without finance, but they are the minority. Generally speaking, therefore, the health of the UK mortgage market is a very good indicator of the health of […]
Are you confused by your mortgage options? Why are nearly all investment mortgages interest only, rather than capital repayment? Surely it’s crazy to only repay the interest and leave yourself with the loan at the end, right Wrong. Actually, it’s not crazy for one simple reason: All property investors understand […]
