Articles
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.
House prices increase swiftest in North West - compared to rest of UK
A year-on-year comparison shows that house prices in the North West have risen faster than any other UK region, official figures show.
The Office for National Statistics (ONS) reported that by July of this year, annual growth in the North West was at 5.6%.
Mortgages: debts versus deposits
You certainly need some money behind you to get on the property ladder in the 21st century and how much depends on which kind of scheme, property or even lender you use, not to mention the area you intend to buy in.
