Arranging a mortgage is a challenging process, and it is easy to see why many potential buyers are left frustrated with the process. Lenders impose strict criteria when deciding who will receive a loan offer and at what rate. Many buyers with a good credit rating struggle to find an […]
Can you get a mortgage with a CCJ? Yes – There are mortgage lenders who will consider lending to clients who have a CCJ registered. As a guide, most high street lenders will require that CCJ’s that were registered over 3 years ago and are now marked as satisfied, plus […]
So what are holiday let mortgages? Holiday let mortgages are intended for people who would like to purchase a property that will be let on a short-term basis to tourists as a business. It varies from a holiday home mortgage, where you borrow money to buy a second home that […]
The term mezzanine finance can be complicated. Mezzanine financing in commercial properties gives lenders the authority to convert debt into equity if a borrower defaults on a payment. To give you a better example of this would be, if the borrower fails to pay the debt on time, the lender […]
Expat Mortgages can be challenging. Lenders will perceive you as a higher risk than other borrowers. Not to worry, though, as there are plenty of providers who you can speak with. These providers can offer a range of mortgages such as remortgaging or even buy to let. Buy to let […]
Paying back your debt and saving money are essential financial goals. Also, you know the importance of saving or having a pension for when the time comes to retire. Focusing on the debt could mean you are not starting or paying as much into your retirement as you would like. […]