Can I Sell My House If I Have a Fixed Rate Mortgage? Yes, you can, but let’s look at what that means. A fixed rate mortgage locks your interest rate for a set period. This could be anywhere from two to ten years. This setup means your monthly payments stay the same, making budgeting easier. […]
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A Guide To Selling Your House During a Fixed Mortgage Term
How Soon Can You Remortgage After A Fixed Deal?
What Happens When My Fixed-Rate Mortgage Ends? Once your fixed-rate mortgage ends, your payment plan becomes unpredictable. In most cases, if you don’t take any action, your lender will automatically switch your mortgage to their Standard Variable Rate (SVR). This rate is generally HIGHER than the fixed rates you enjoyed during the initial term. And […]
A Complete Guide To Fixed Rate Mortgages
What is a Fixed Rate Mortgage? A fixed rate mortgage is a type of mortgage where the interest rate remains constant for an agreed period, typically between 2-10 years. With a fixed rate deal, your monthly repayments stay the SAME for the duration of the fixed term, regardless of whether interest rates rise or fall. […]
Can Second-Time Buyers Get 95% Mortgages?
So, you’re ready to move again. Perhaps your family’s growing or a new job calls, but you’ve hit a snag: your deposit is smaller this time. If you’re in this situation, you’ve likely searched countless lenders on the internet to find 95% mortgage deals in the UK. With few options, strict lending rules, and high-interest […]
Can You Get Mortgages with a 5% Deposit and Bad Credit?
Getting a mortgage in the UK might seem tough, especially if you’ve had financial issues before. If you’re buying your first home and worried about your credit score, there’s good news. You might be able to get a 95% mortgage, which means you only need a small deposit. This article will show you that even […]
How To Secure Mortgages With 5% Deposit In Scotland?
Saving a big deposit for a house is often the biggest challenge for first-time buyers. High living costs, stagnant wages, and unpredictable expenses – these things can make you feel like owning your first home is impossible. However, that’s not true. With 95% mortgages in Scotland, you can own a home and apply for a […]
