Articles
Offset mortgages: how they work and who they work for
When considering finance for your home, there is a lot more to consider than simply deciding between a fixed or variable rate. Many lenders have been innovative over the years to appeal to client needs; one such option is an offset mortgage.
First-time buyer stamp duty relief
There are many costs involved in purchasing your own home and paying the government’s stamp duty land tax, usually abbreviated to ‘stamp duty’, has long been one of the highest; even taking the process out of reach for some.
The 3% stamp duty
Tax changes and new mortgage lending regulations have made things much tougher for landlords and landladies, whether they have a huge portfolio of properties and manage them for a living or have simply retained their previous or first home as an investment for the future.
Joint Borrower Sole Proprietor Mortgages
The majority of mortgages and house purchases these days, and for some years, have been legally set on a joint tenancy basis. This means that the names on the mortgages and its deeds must match the title deeds to the property.
Solicitors and conveyancers
Buying a home is an elaborate jigsaw; a collaboration of many parts which must all come together for things to run smoothly.
Employing a good solicitor is an essential part of this as ultimately even with your dream home secured and the finance arranged to purchase it, without completing the legal process it can never be yours.
