When you are buying a property there are two big choices facing you in terms of selecting the mortgage. Should you opt for an interest only mortgage or a repayment mortgage? Which is best for you? For many people the deal-breaker is cost. Typically interest only mortgages are […]
People know that a mortgage is about borrowing money to pay for a property, but there is so much more to a mortgage than that. Getting into trouble with a mortgage could lead to a homeowner losing their home. Mortgages need to be taken seriously; they need to […]
Is your terrible credit record stopping you from getting the mortgage you need to buy that property you want to buy? The good news is that you are not shut out of getting a mortgage forever. To get back into the good books of lenders is not as […]
On the surface, it may seem that buying for cash is the best way to buy a property. However, appearances can be deceiving. It is not always best to buy a property for cash. A lot depends on the circumstances. There may be times when buying for cash […]
Perhaps the quickest and easiest way to buy a property is to leverage or use another property. By using another property, you may be able to raise the full deposit you need to get on the property ladder in one single step. So if you […]
This blog is another of my attempts to explode the myth that getting on the property ladder is so difficult for most people, it is more often than not a hopeless task. Yes, it is quite a hurdle; yes it is becoming more difficult with every passing day…but […]
Getting that mythical deposit to buy your way into one of the most exclusive clubs of all – the Property Owners Club – is it really possible? Don’t you need to be something incredibly special to get in? If you listen to the negative folk, you are not […]
In these days where it may seem impossible to get a foot on the property ladder, parents and grandparents are increasingly helping their children and grandchildren to become homeowners. 1. The Bank of Mum and Dad The term “Bank of Mum & Dad” (“BMD” for short) has become […]
It would be wrong to accuse the government of not having a commitment to homeownership. In my blog government help to buy I considered three of the latest government initiatives aimed at helping first time buyers to climb onto the property ladder: Help to Buy ISA Help to […]
It’s hard to believe but true – the government is doing a few things to help people get on the property ladder. Not everyone will qualify, but it’s worth taking a closer look at what’s on offer. 1. Help to Buy ISA This government initiative applies to first […]
