Tag: Fixed-Rate Mortgage Mortgage Refinance
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Optimising Your Debt So Lenders Love You
Navigating mortgage applications requires careful debt management. Key factors include maintaining a low Debt-to-Income (DTI) ratio, prioritizing high-interest debts, and optimizing financial documentation. Achieving a DTI under 35–40% enhances borrowing power. Understanding lender perspectives on various debts can substantially improve mortgage eligibility and interest rates.
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How to Save a House Deposit in 2026 Without Feeling Miserable
Saving for a house deposit in the UK can be manageable and even enjoyable with the right strategies. Typically, deposits range from 5% to 20% of the property value. Utilizing savings accounts like Cash ISAs and LISAs can enhance your savings. It’s vital to set realistic goals and automate savings for success.
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Master Your Credit Score for a 2026 Mortgage Approval
Credit scores are crucial for lenders to evaluate repayment reliability. A strong score secures favorable loan terms, while a low score signals high risk. Regularly checking credit reports, correcting errors, and maintaining low credit utilization can improve scores. Understanding lenders’ criteria enables strategic financial planning for major investments by 2026.
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Fixed vs. Variable Rate Mortgages: Pros and Cons Explained
When choosing a mortgage, one of the first decisions is whether to go with a fixed or variable interest rate. A fixed-rate mortgage locks in your interest rate for a set period (usually 2, 5, or 10 years), offering predictable monthly payments. This is ideal for budgeting and protecting against rate rises. A variable-rate mortgage,…
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Mortgage Jargon Made Simple: 10 Terms Every Buyer Should Know in 2025
Confused by mortgage terms? Learn 10 essential terms — from LTV to SVR — explained in plain English so you can make informed decisions before applying
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Deposit Saved? Here’s How to Make Sure You Can Afford the Monthly Mortgage Payments
Saving the deposit is only step one. Learn how rates, term length, and loan size affect your monthly mortgage payments — with real examples for 2025 buyers.
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Starter Home vs. Dream Home — Which Should You Buy
Debating a starter home or holding out for your dream property? Explore the pros and cons of each — from equity growth to affordability and lifestyle choices.
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Fixed Rate Mortgage Ending? What It Means for Your Monthly Payments in 2025
Worried about your fixed rate ending? Discover how much your mortgage payments could rise in 2025 and explore your options to stay in control.
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Understanding Mortgage Capacity Reports in Divorce
Going through a divorce is challenging enough without having to navigate complex financial arrangements. One crucial document that often becomes central to divorce proceedings is the mortgage capacity report. If you’re facing divorce and dealing with property matters, understanding what these reports are and why they matter could make a significant difference to your financial…
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Why It’s Crucial to Read Your Mortgage Illustration (ESIS) Before Signing
Before you agree to a mortgage, make sure you’ve read and understood your mortgage illustration. Here’s why it matters—and what to look for.
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