10 top tips on getting mortgage fit and remortgage ready – part 2
As we covered in part 1 of this two-part series, over 1.5 million people need to remortgage this year*. That’s a significant number of people who are likely to be switching from a UK mortgage deal of years gone by, when borrowing was much cheaper and monthly repayments were much smaller. For instance, the average 2-year fixed mortgage deal last month (March) was 5.76 per […]
10 top tips on getting mortgage fit and remortgage ready – part 1
As the weather begins to finally warm up and summer creeps closer, many of us will be thinking about getting our bodies beach ready in time for the holiday season. However, with over 1.5 million people needing to remortgage in 2024*, getting beach body fit shouldn’t be the only priority over the next couple of […]
What’s next for the UK mortgage market?
It was all looking so good at the start of the year. The positive outcome of the much-touted mortgage wars that opened 2024 wasn’t just the fact that cheap UK mortgage deals seemed to be getting cheaper on a daily basis, but also the fact that consumer confidence began to increase. The UK’s housing market was moving again, the best mortgage deals that […]
Mortgage market mixed messages
If you’re not using a mortgage broker right now, then getting a mortgage must be a minefield. It’s certainly a lot more erratic than it was 15 months ago. Over the last couple of years, we’ve seen products being pulled, rates changing daily and, more recently, rates dropping to more competitive (if not wholly palatable) levels. But wait, things […]
The benefits of equity release (and two alternatives to consider)
Equity release mortgages – or lifetime mortgages, as we’ll be referring to them here – are big at the moment. In fact, data released by the Equity Release Council (the industry voice for equity release in the UK) highlights that over £700m in equity was converted into cash via this type of mortgage in Q3 of 2023 alone. So, what […]
Equity release focus: is a lifetime mortgage right for me?
It’s a good question, and one that we’re being asked a lot right now. In fact, as a Maidenhead mortgage broker that’s been in business since 2005, we’ve never seen as many people enquiring about taking equity out of their property as we have over the last two years. From paying down debt and funding home improvement projects, to […]