Blog

Being a student can make securing a mortgage challenging. Lenders are often cautious due to your limited credit history and fluctuating income.  But, here is the deal – it’s not impossible. With the right guidance, you can get on the property ladder while being a full-time student.  Curious, how? This article will show you how […]

What Is Stipend Income? Stipend income isn’t your regular paycheck from a 9-to-5 job.  Instead, it’s a set amount of money you receive regularly to help you focus on your studies, research, or training without the need to work full-time.  Whether you’re diving into a PhD program, an internship, or a fellowship, a stipend is […]

Can Rental Income Secure You a Residential Mortgage? Yes, you can. If you’re managing properties as a professional landlord, you’ll find many UK lenders consider the income you earn from these rentals a solid foundation for your mortgage application.  They’re keen to know if you can handle the mortgage repayments.  To this end, they assess […]

What Counts as Proof of Income for a Mortgage? Proof of income for a mortgage is the documentation you provide to show how much money you earn. It helps lenders decide if you can afford the mortgage payments. This usually includes your payslips, bank statements, P60 forms, and possibly your employment contract, depending on your […]

Can You Get a Mortgage While on Probation? Yes, it’s possible to get a mortgage during your probation period, but there are extra steps to consider.  Lenders often view probation as a sign of less stable employment because your role might not be permanent yet.  They worry if you’re still in the early stages of […]

Can You Use Pension Income to Qualify for a Mortgage? You can qualify for a mortgage with pension income. Lenders like pension income because it’s steady and predictable, making it easier for you to repay the mortgage.  More lenders are now considering pension income when deciding if you can afford a mortgage. However, qualifying for […]