Articles
Retirement Interest Only (RIO) mortgages and the new residential option between normal Interest Only and Equity Release
With people living and working longer, it is inevitable that there will be more elderly homeowners who still have finance secured on their properties.
Limited company buy to let mortgages
During the last few years, there have been many changes to mortgage regulation. There are several regulators, all of which have particularly got their teeth into buy to let mortgages.
Therefore, subsequent Chancellor of the Exchequers have introduced tougher tax legislation on landlords and landladies.
All of this has made having a portfolio of investment properties less attractive and less profitable.
Remortgages versus product transfers
If your current mortgage is coming to an end and you are giving thought to what your next steps might be, you could well be weighing up whether a remortgage or product transfer is the right option for you. Euxton Mortgage Market always gives advice based only on what is right for our clients. We are fully FCA-compliant and believe unreservedly in treating customers fairly.
10 pitfall mortgages
Getting a mortgage these days is totally different than it was just a few years ago. In 2014, the ‘Mortgage Market Review’ regulations tightened; it is now more important than ever to have your financial affairs in order. Here are the main factors that could make you a higher risk to lenders – all of which you can mitigate, if you plan ahead.
Transfer of Equity
One of the less frequent changes is the addition, or removal, of someone from the mortgage deeds and usually subsequently the property deeds themselves. This is known as ‘Transfer of Equity’ and can occur for a number of reasons.
