Tag: Mortgage Basics

• Understanding New Build Mortgages: Essential Insights

  Are you considering purchasing a new build property in the UK? Whether you’re a first-time buyer or an experienced homeowner, securing a mortgage for a newly built home comes with its own set of rules and considerations. Here’s a comprehensive guide to help you understand the process. Understanding New Build Mortgages A new build mortgage…

  Emilyjfranks12

  4th June 2025

  First Time Buyers, Shared Ownership

  First-Time Homebuyers, Fixed-Rate Mortgage Mortgage Refinance, Mortgage Basics, Tips for Homebuyers

• Looking To Buy Your First Home- Part Three!

  This week is all about schemes available to first time buyers! In the UK, several home-buying schemes are designed to help first-time buyers get onto the property ladder. These schemes offer financial support and help reduce the barriers to homeownership, such as high deposit requirements. Below are the key home-buying schemes currently available to first-time…

  Emilyjfranks12

  2nd June 2025

  First Time Buyers

  Buying vs Renting, First Time Buyers, First-Time Homebuyers, Fixed-Rate Mortgage Mortgage Refinance, Home Buying Guide, Home Loans, home-buying, Housing Market Predictions, Interest Rate Updates, Mortgage Adviser in Fakenham, Mortgage Basics, Mortgage Broker In Norfolk, Mortgage Broker Near Me, Mortgage News, mortgages, Real Estate Market Trends, Refinance Strategies, Saving for a Home, Tips for Homebuyers

• How to Choose the Right Conveyancer When Buying a Home

  What is a Conveyancer? If you’re buying or selling a property in the UK, you’ll need a conveyancer—a legal professional who handles all the legal work and paperwork involved in transferring property ownership. This includes: You can use a licensed conveyancer or a solicitor who specialises in property law. Both are qualified to handle the…

  Emilyjfranks12

  29th May 2025

  Buy To Let, First Time Buyers, Property Investment, Remortgages, Shared Ownership

  First-Time Homebuyers, Mortgage Basics, Tips for Homebuyers

• Looking To Buy Your First Home- Part Two!

  For our next instalment, we talk more about the mortgage itself! Types of Mortgages in the UK When it comes to buying a home in the UK, choosing the right type of mortgage is crucial. There are various mortgage options, each designed to suit different financial situations and goals. Understanding these types can help you…

  Emilyjfranks12

  26th May 2025

  First Time Buyers

  Buying vs Renting, First Time Buyers, First-Time Homebuyers, Fixed-Rate Mortgage Mortgage Refinance, Home Buying Guide, Home Loans, Housing Market Predictions, Interest Rate Updates, Mortgage Adviser in Fakenham, Mortgage Basics, mortgage broker, Mortgage Broker In Norfolk, Mortgage Broker Near Me, Mortgage News, mortgages, Real Estate Market Trends, Refinance Strategies, Saving for a Home, Tips for Homebuyers

• The Ultimate Guide to Buying a Shared Ownership Property in the UK

  What is Shared Ownership in the UK? Shared ownership is a government-backed scheme that helps first-time buyers and those with lower incomes get a foot on the property ladder. It allows you to buy a share of a home (usually between 10% and 75%) and pay subsidised rent on the remaining portion, which is owned…

  Emilyjfranks12

  21st May 2025

  First Time Buyers, Shared Ownership

  Fixed-Rate Mortgage Mortgage Refinance, Interest Rate Updates, Mortgage Basics, Mortgage News, Tips for Homebuyers

• Buying Your First Home, Part One!

  Join us for a four part series over the next few weeks! Buying your first home is an exciting and significant milestone in life, but it can also feel overwhelming, especially when it comes to navigating the mortgage process. Understanding the ins and outs of home financing is key to ensuring that you make informed…

  Emilyjfranks12

  19th May 2025

  First Time Buyers

  Bridging Finance, Buying vs Renting, First Time Buyers, First-Time Homebuyers, Fixed-Rate Mortgage Mortgage Refinance, Home Buying Guide, Home Loans, home-buying, Housing Market Predictions, Interest Rate Updates, investing, Mortgage Adviser in Fakenham, Mortgage Basics, Mortgage Broker In Norfolk, Mortgage Broker Near Me, Mortgage News, mortgages, Real Estate Market Trends, Refinance Strategies, Saving for a Home, Tips for Homebuyers

• Property Surveys- Don’t Get Caught Out

  Property surveys are essential for homebuyers and investors, providing a detailed inspection of a property’s condition. Following RICS standards ensures expertise and clarity. There are three main types: Level 1 for newer homes, Level 2 for standard properties, and Level 3 for comprehensive evaluations. Surveys should be obtained after an offer is accepted but before…

  Emilyjfranks12

  15th May 2025

  First Time Buyers, investing, Property Investment

  First-Time Homebuyers, Fixed-Rate Mortgage Mortgage Refinance, Home Buying Guide, Mortgage Basics, Mortgage News, Real Estate Market Trends

• Porting – Can I Keep My Current Mortgage Rate and Move Home?

  Porting your mortgage allows you to transfer your current mortgage deal to a new property, helping you avoid early repayment charges (ERCs) and keep your existing interest rate. Here’s what you need to know: What is Mortgage Porting? Mortgage porting involves moving your existing mortgage from one property to another without paying it off or…

  Emilyjfranks12

  12th May 2025

  Porting, Remortgages

  Bridging Finance, Buying vs Renting, First-Time Homebuyers, Fixed-Rate Mortgage Mortgage Refinance, Home Buying Guide, Home Loans, home-buying, Housing Market Predictions, Interest Rate Updates, Mortgage Adviser in Fakenham, Mortgage Basics, mortgage broker, Mortgage Broker In Norfolk, Mortgage Broker Near Me, Mortgage News, moving home, Real Estate Market Trends, Refinance Strategies, Saving for a Home, Tips for Homebuyers

• A Complete Guide to Shared Ownership Staircasing: How It Works and Why It Matters

  If you’re a shared owner and want to increase your stake in your property, shared ownership staircasing could be the key to owning more—or even all—of your home. Staircasing is the process of buying additional shares in a shared ownership property. Over time, this allows you to reduce your rent and, if desired, eventually own…

  Emilyjfranks12

  9th May 2025

  Remortgages, Shared Ownership

  First-Time Homebuyers, Home Buying Guide, Mortgage Basics, Mortgage News, Tips for Homebuyers

• Essential Tips for First-Time Homebuyers: What Not to Do

  When buying your first home, avoid taking out new loans or credit cards before your mortgage application, as it can damage your credit. Don’t rely solely on online calculators; seek professional advice for accurate estimates. Lastly, explore options beyond your current bank for better opportunities. Get guidance to enhance your mortgage readiness.

  Emilyjfranks12

  7th May 2025

  First Time Buyers

  First-Time Homebuyers, Mortgage Basics, Mortgage News, Saving for a Home