Are mortgage brokers a good idea? Whether using a mortgage broker is a good idea depends on individual circumstances and preferences. Mortgage brokers act as intermediaries between borrowers and lenders, helping borrowers find suitable mortgage products from various lenders. Here are some factors to consider when deciding if a broker is right for you. Access […]
Keeping mortgage costs down can be advantageous for your financial well-being. Here are some tips to keep your mortgage costs down. Shop around for the best mortgage rates Before committing to a mortgage, explore different lenders and compare their interest rates, terms, and fees. Even a small difference in interest rates can significantly impact your […]
Finding out ways to get a mortgage is probably at the top of your list if you’re seeking to buy your first house. Given that a mortgage is a significant financial commitment, it’s crucial to thoroughly weigh your alternatives in order to select the best deal for you. We’ve outlined the steps to make it […]
Buying a property can be one of the most stressful episodes in your life. It is a risk too, and complicated. We took a look at the different types of mortgages, and how they may help you make the right decision. Different Types Of Mortgages – Fixed Rate Mortgages Your interest rate is guaranteed with […]
If you wish to find the perfect mortgage deal, here are some tips that may push you in the right direction. Ask Existing Lenders A “product transfer” is when you change lenders from your current one. It wasn’t a wonderful alternative in the past, but now days, if you’re not borrowing more, your current lender […]
Are you prepared to carry out your relocation plans? Our step-by-step guide will walk you through the entire process. This includes from budgeting to placing an offer, exchanging contracts, and moving in. Here’s how to get going, with our brief home buying guide. Selling & Deposits If you’re not a first-time buyer, selling your home […]
One thing is certain: purchasing a home with negative credit is a difficult undertaking. There are, nevertheless, many reasons to remain positive. Getting a mortgage with bad credit is possible, but it takes perseverance and patience. Credit Score Appraisal Before you start looking into buying a house, you should first check your credit score. You […]
The mortgage market in the United Kingdom is by far the most important and largest of all financial markets. After all, the United Kingdom has 11.1 million of them. This market in the United Kingdom is valued at more than £1.3 trillion. In terms of the quantity lent and the total value of outstanding loans, […]
If you’re considering purchasing a home, you’ll need to know how to prepare for a mortgage application. For first-time buyers, purchasing a home is thrilling, but it can also be stressful. Put yourself in the best possible situation. Knowing how to effectively prepare yourself so that the application process goes well when the time comes […]
Mortgages are harder and harder to get, especially for first time buyers. As property prices continue to get larger, many see the only solution is to buy property with a much longer repayment period. But is this wise? We look at the question of whether long term mortgages a good idea? Why Their Popularity? Because […]
Buy to let mortgages are not a common area of concern for many, but for those interested in them it is important to be fully aware of how they differ from conventional mortgages. We took a look at what is involved, and whether they may be something you could prosper from. Buy To Let Mortgages […]
For most people, the mortgage is their largest debt. Many people are concerned, however, that if they currently have debts, they may be unable to obtain a mortgage. As a result, Moolr has looked into a prevalent question. Just how difficult is it securing a mortgage with debt? There Is No Simple Answer – Except […]
It is a common concern of those looking to get on the property ladder. How will their financial situation affect their chances of mortgage providers accepting them for credit? We took a look at getting a mortgage with debt. Getting A Mortgage With Debt – The Effect Of Coronavirus Many who worry about gaining a […]
Home equity release is an option many homeowners may be considering right now. The access to funds in a property must be tempting to those that need access to money. However, it is a big step to take, and should be researched thoroughly before proceeding. We took a look at some home equity advantages […]
Many home buyers choose to join forces with friends, family or their partner to purchase a property, and therefore need to take out a joint mortgage. There are plenty of reasons why joint ownership mortgages are an attractive option. Often buying with someone else is the only way to make owning a home affordable, and […]
The mortgage market in the UK is probably the most important and largest financial market of all. After all, there are 11.1 million mortgages in the UK. The UK mortgage market is worth more than £1.3 trillion. The UK is the largest in Europe in terms of amount lent and total value of outstanding loans. […]
A 95% mortgage is a loan for 95% of a property’s price. With a 95% mortgage, you’d need to provide a 5% deposit to cover the remainder. For example, if you wanted to buy a house worth £200,000 with a 95% mortgage, you’d borrow £190,000 (95% of the price) and put down £10,000 of your […]
If you are thinking about property for others to live in, Moolr have taken a look at what that involves, and the various steps such a move entails. We took a look at buy to let mortgages. What is a buy to let mortgage and how does it work? A buy to let mortgage is […]