News

Today (16 April 2018) is Mortgage Freedom Day – the day on which the average UK homeowner will have earned enough to cover their mortgage payments for the whole year. But some homeowners are freer than others – are you among them? Article by Nick Green.

As if saving for a first home wasn’t hard enough, today’s young adults have had to face a chorus of disapproval from baby boomers who think they’re lazy spendthrifts. But the Millennial Money Survey reveals the real reason why saving today is so hard.

Some borrowers are living with a sword hanging over their heads: a mortgage they have little or no hope of repaying. One possible answer is the “lifetime mortgage” – but it’s hardly ideal. We explore this nerve-wracking scenario and offers some possible solutions.

For years the property ladder has been rising further out of ordinary peoples’ reach. But the latest figures are a ray of light, showing first home purchases at their highest for 10 years. Martin Stewart of London Money hails the comeback of first time buyers – and throws in a free buyer’s guide too.

Few can climb the property ladder alone, and it’s not only couples who are making the ascent. But whether you’re buying as lovebirds or just housemates, it’s vital to understand how joint ownership works – or you could find that your dream home isn’t really yours after all. Most people who buy a home will

Mortgage rates are hitting historic lows, and for homebuyers it looks like the perfect opportunity. But in your eagerness to secure your dream home, you should be wary of ‘mortgage shock’ – the danger of over-stretching yourself in the longer term. The solution? A borrowing buffer zone. The question everyone’s asking is: how low can

The government has pledged to tackle the issue of ‘mortgage prisoners’ – people who are trapped in an expensive mortgage because of regulations that stop them getting a cheaper one. If you’re in this ridiculous position, help may be on the way. Imagine asking to buy a meal costing £6, and being told you couldn’t afford

The age limit for paying off some mortgages has risen to 85 – three years beyond current UK life expectancy. It’s good news for older people who may have feared lenders wouldn’t touch them, but what are the implications of your mortgage outliving not just your job, but you too?   Owning your own home

When it comes to one of life’s biggest challenges – buying a home – your credit file can be your best friend, or your worst enemy. But maintaining a good credit history can be a tricky balancing act, and you may not realise how easy it is to make yours wobble by accident. There are many advantages to having

Being your own boss has many perks, but a smooth mortgage process isn’t usually one of them. So we’ve thrown down a few tips here to ensure that your application doesn’t have feet of clay. Back in the bad old days, the self-cert mortgage seemed like a magic wand for all who wanted to own