how to get consent to let to buy another property

How To Get Consent To Let To Buy Another Property?

What is Consent to Let and How Does it Work? Consent-to-let is a formal agreement or permission from your mortgage lender to rent out your house temporarily. It’s not a new loan, but an approval from your lender.  Most residential mortgages don’t allow you to rent out your property without permission. By getting consent to […]

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How To Get Consent To Let To Buy Another Property?
mortgage lenders that dont credit score explained

Mortgage Lenders That Don’t Credit Score Explained

Are There Mortgage Lenders That Don’t Credit Score? The short answer is yes, there are some mortgage lenders in the UK that don’t rely as heavily on credit scoring for approval.  But, the reality is that most BIG high street banks and mainstream lenders do use credit scoring as a KEY part of their mortgage […]

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Mortgage Lenders That Don’t Credit Score Explained
mortgage affordability test scrapped is it now easier to get a mortgage

Mortgage Affordability Test Scrapped: Is It Now Easier to Get a Mortgage?

What Was the Mortgage Affordability Test? After the big financial crisis in 2007-08, the Bank of England introduced a measure to ensure responsible lending practices.  This was the mortgage affordability test, often referred to as a stress test.  Here’s how it worked: Before approving your mortgage, lenders had to assess if you could still make […]

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Mortgage Affordability Test Scrapped: Is It Now Easier to Get a Mortgage?
What Is Proof Of Deposit For A Mortgage

What Is Proof Of Deposit For A Mortgage?

When you’re buying a house, one of the first things you need is a deposit. This is a chunk of money you pay upfront. 💷 Most mortgage lenders ask for at least 5% to 20% of the property’s value. However, it’s not enough to simply have the deposit amount ready. You must also show where […]

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What Is Proof Of Deposit For A Mortgage?
Can I Really Get a Mortgage With No Deposit in the UK

Can I Really Get a Mortgage With No Deposit in the UK?

While saving a deposit is the traditional path to home ownership, the dream of buying a house with no money down is very tempting.  With soaring property prices, can you really get a 100% mortgage and avoid years of gruelling savings? 🤔 What Is a No Deposit or 100% Mortgage? A no deposit or 100% […]

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Can I Really Get a Mortgage With No Deposit in the UK?
What Is the Best Way to Get Help with a House Deposit

What Is the Best Way to Get Help with a House Deposit?

Are you struggling to save up enough for a mortgage deposit as a first-time buyer in the UK?  Don’t worry, there are several government schemes designed to help people like you get on the property ladder.  In this comprehensive guide, we’ll explore the top mortgage deposit assistance programs and how to take advantage of them. […]

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What Is the Best Way to Get Help with a House Deposit?