There are two main mortgage types – repayment and interest only. Most new borrowers are taking out repayment mortgages. Why is that and are they making the right decision by doing so? This blog takes a brief look at the nature, characteristics, pros and cons of a repayment […]
If you own your home, you are likely to face mortgage difficulties at some point. How you handle those difficulties will determine whether you keep or lose your property.
So you own your home and are looking to keep it for years, paying off the mortgage year by year and watching as its value escalates to super high levels. “Wow” you may be thinking “I am going to have serious net worth when my mortgage ends and […]
Budgeting for home repairs makes great sense because the cost of repairs or replacements can be sudden, unexpected and very large. In the worst case scenario, the cost will exceed your savings and you will have to rush around trying to raise the money – often on unfavourable […]
When it comes to protecting your property, insurance is as important as keeping it in good repair and in tip top condition.
Sadly there isn’t a magic wand to deal with mortgage debt – but the nearest thing to a wand is to be calm, structured and systematic when faced with mortgage problems. Above all, you should not be slow to seek expert advice when things begin to spin out […]
A recent warning by the Bank of England’s Governor Mark Carney that house prices could crash by more than a third in the event of a “disorderly” Brexit has sent shivers down the spine of many UK homeowners. But all seems ominously quiet on what is probably one […]
When it comes to the most interesting or exciting things about property, maintenance and repairs are unlikely to be at the top of the list. But they are certainly one of the most important. Keeping your property fully maintained does not just make it look good; it also […]
There are 101 mistakes you can make in relation to your home. But, which are the biggest, the most damaging, the least smart, the most commonplace mistakes? From my many years’ experience as a property lawyer and adviser, here are the top 3: 1. Slow in dealing with […]
Building insurance is usually not one of the first things you think about a property when you’re a tenant, landlord or investor. But it is certainly one of the most important. Building insurance mistakes can cost you a lot of money – not to mention inconvenience and distress. […]