Matt Wiseman, Author at The Money Hub

Is a Mortgage Application becoming more difficult?

With so much activity in the housing market right now, with the sales pipeline being busier than it has been for many years, it is reasonable to assume many households are successfully navigating the mortgage application process. This is positive news for prospective buyers, as it indicates an opportunity to find a suitable and affordable mortgage package. However, the current financial and economic climate is challenging, and prospective buyers should prepare themselves to face a tough time when applying for a mortgage. Many people might have arranged a mortgage of late, but this doesn’t mean the process has [...]

By Matt Wiseman|2026-10-30T21:11:21+00:0030 June 2021|Blog, Mortgages|Comments Off

Mortgage Lending Rises to Highest Monthly Amount

According to data published by the Bank of England, the net mortgage borrowing for March 2021 was £11.8 billion. This is the highest recorded figure since records began in April 1993 and are interesting reading for those with an interest in UK mortgage lending. There is no getting away from the fact that this outcome was significantly influenced by buyers looking to arrange a property purchase before the end of the stamp duty holiday. The end of this relief was initially scheduled for the end of March; however, it has since been extended to the end of June, [...]

By Matt Wiseman|2026-10-30T21:12:31+00:0018 May 2021|Blog, Mortgages|Comments Off

Mortgage Borrowers Benefit as Base Rate Held at Record Low

The Bank of England has shown great consistency with its base rate, which is held at the record low of 0.1%. This move was implemented in March 2020, as the impact of the pandemic started to unfold, and mortgage borrowers should find out more. Now, in May of 2021, the base rate remains at this level, while quantitative easing has been maintained at £895 billion. The chief purpose of low-interest rates is to encourage people to spend, rather than save. While the past year has been financially challenging for many households, there are also families and individuals who [...]

By Matt Wiseman|2026-10-30T21:13:33+00:0018 May 2021|Blog, Mortgages|Comments Off

Are Self-Employed Mortgages Unaffordable?

While self-employment offers many opportunities, it is often a challenging activity. It is vital that people moving towards this form of employment understand the pros and cons of doing so. Anyone looking to arrange self-employed mortgages should be aware that many lenders don’t offer favourable rates for self-employed applicants. In 2019, according to the Annual Population Survey, the self-employment rate in the UK stood at 15%. There had been an increase in the number of people who classify themselves as self-employed over the past decade. As we move forward, the impact of the pandemic will shape the self-employed [...]

By Matt Wiseman|2026-10-30T21:14:36+00:0026 April 2021|Blog, Mortgages|Comments Off

95% Mortgage Guarantee Scheme is now live

While announced during the March 2021 Budget, the new 95% mortgage guarantee scheme is now live across the country. The scheme assists buyers to purchase property valued up to £600,000 with a 5% deposit. The scheme is available to all buyers, not just first-time buyers. Therefore, existing homeowners looking to move can capitalise on this scheme. The scheme is also available for all property types, so buyers are not restricted to looking at new-build properties. Lenders who are participating in the scheme include: HSBC Barclays Santander NatWest Lloyds There are other mortgages that may be of interest to [...]

By Matt Wiseman|2026-10-30T21:15:43+00:0026 April 2021|Blog, General Interest|Comments Off

When Applying for a Small Deposit Mortgage

While the extension of the stamp duty holiday to the end of June 2021 and then tapering off period to September was the headline news in the March Budget, it wasn’t the only matter affecting the property market. The Chancellor also announced a small deposit mortgage guarantee. Speaking to MPs, Rishi Sunak said; “Lenders who provide mortgages to homebuyers who can only afford a 5% deposit will benefit from a Government guarantee on those mortgages. I'm pleased to say that several of the country's largest lenders including Lloyds, NatWest, Santander, Barclays, and HSBC will be offering these 95% [...]

By Matt Wiseman|2026-10-30T21:17:09+00:0019 March 2021|Blog, Mortgages|Comments Off

Mortgage Options Continue to Rise

As of March 2021, according to Moneyfacts, there are 3,532 mortgage deals available in the United Kingdom. This figure is less than the mortgage deals which were available at the start of March 2020, which then stood at 5,222. Of course, it has been an eventful year, and a lot has changed in the mortgage market. When you think about the virtual shutdown in the housing and mortgage markets in March 2020, there were significant fears about how these sectors would bounce back. More mortgage options help buyers Image Credit: Coffee Secrets - https://coffeegeek.tv/starbucks-secret-menu/ Therefore, continual [...]

By Matt Wiseman|2026-10-30T21:18:06+00:0019 March 2021|Blog, Mortgages|Comments Off

Remortgaging for Home Improvements

Home improvements are a vital part of homeownership for many households. Whether your focus is on adding value to your home to generate more significant offers when you sell it, or to make your home more pleasurable or functional when you live in it, home improvements are worth pursuing, which is why raising money for home improvements is important. However, some home improvements such as a loft conversion or an extension are expensive, which is why many homeowners look for ways to raise this money and taking out a remortgage for home improvements is an option. Is remortgaging [...]

By Matt Wiseman|2026-10-30T21:19:10+00:003 February 2021|Blog, Mortgages, Remortgages|Comments Off

How do you Pay for a Loft Conversion?

Buyer demand in 2020 has shifted, and even more people are looking for larger homes. If the lockdown period left you feeling frustrated at having little space at home, there is a range of solutions to choose from. Of course, you might not want to move. You might be settled where you are, your kids might be in a great school, and you may love local life. Or, you might not think you can afford to scale up in property size right now. The great news is you don’t have to move home to live in a larger [...]

By Matt Wiseman|2026-10-30T21:20:17+00:0024 November 2020|Blog, General Interest, Loans, Mortgages|Comments Off

Remortgage to Release Equity

Remortgaging is a suitable strategy for many homeowners looking to ensure they have the best deal and are paying an affordable rate each month. It never hurts to check your current mortgage to determine if you can arrange a better deal. However, homeowners don’t just remortgage to lower their monthly payments or to find a way to pay their mortgage off earlier. By releasing equity through a remortgage you can generate funds that help you improve your home, help loved ones, pay off debt, or any other activity that costs money and that you wish to make. What [...]

By Matt Wiseman|2026-10-30T21:21:26+00:0019 November 2020|Blog, Mortgages, Remortgages|Comments Off

About Matt Wiseman

As a mortgage is secured against your home or property, it may be repossessed if you do not keep up the mortgage repayments think carefully before securing other debts against your home.

WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. FOR HELP, GO TO MONEYADVICESERVICE.CO.UK.

FOR FULL DETAILS OF OUR SERVICES PLEASE REVIEW OUR DISCLOSURE DOCUMENT.

Help & Info

Loans

Mortgages

Insurance

Help & Info

Loans

Mortgages

Insurance