Mortgage Illustration

What Is a Mortgage Illustration? A mortgage illustration is a document that sets out the key features and costs of a particular mortgage based on your circumstances. It can include the interest rate, monthly repayments, mortgage term, fees, total amount repayable and any early repayment charges. You will normally receive a mortgage illustration before applying… Read more
Getting a Mortgage on a Zero-Hour Contract

How to Secure a Mortgage on a Zero-Hour Contract Despite the flexibility and freedom that zero-hour contracts offer, they can complicate your ability to find a willing lender. However, with the right guidance and approach, obtaining a mortgage is entirely possible. What is a Zero-Hour Contract? A zero-hour contract is for staff members that do… Read more
Remortgage After A Bridging Loan

Bridging Loan to Mortgage: A Guide to Remortgaging The transition from a bridging loan to a traditional mortgage can be a complex but necessary step. Bridging loans, while essential for securing quick funds, often come with high interest rates and short repayment periods. Remortgaging can provide a more stable and affordable long-term solution. At Kerr… Read more
First Time Buyer Interest Only Mortgages

Can First-Time Buyers Get an Interest-Only Mortgage? Yes, it is possible to get an interest-only mortgage as a first-time buyer in the UK, although fewer lenders offer this option compared with standard repayment mortgages. Some lenders accept first-time buyers on an interest-only basis, subject to their income, deposit, affordability and repayment strategy requirements. Others do… Read more
UK Mortgages for Overseas Investors

How Overseas Investors Can Secure UK Mortgages Investing in UK property is an attractive option for many overseas investors. The market’s reputation for stability and potential returns has made it a favourite among global buyers. However, securing a mortgage as an overseas investor comes with its challenges. At Kerr & Watson, we specialise in guiding… Read more
What is the Buy to Let Stress Test and Will I Pass It?

Understanding the Buy to Let Stress Test The buy-to-let stress test is how lenders assess whether rental income is high enough to support a mortgage. Understanding how this works before applying can help you avoid declined applications, improve borrowing potential, and choose the right lender from the start. Different lenders use different stress calculations, which… Read more
Equity Release For Purchases

Using Equity Release to Buy a Property If you’re over 55 and considering moving home, you might be wondering how to bridge the gap between what you sell your current property for and the cost of your new one. For many people in later life, income may no longer be sufficient to qualify for a… Read more
Can you get a mortgage using dividends

Can you get a mortgage using dividends? Yes, many mortgage lenders will accept dividend income as part of your mortgage application. If you are a company director paid through salary and dividends, lenders will usually assess both forms of income together. However, every lender assesses this differently, which is why choosing the right lender is… Read more
Bridging Loans for Companies

Bridging Loans for Companies: Secure Short-Term Finance for Business Growth When your company needs swift access to capital for property purchases, renovations, or business expansion, bridging loans can sometimes provide the solution. These short-term loans can help companies seize opportunities quickly, aiming for faster approvals than traditional commercial term finance. At Kerr & Watson, we… Read more
Capital Raising on Mortgage Free Property

Capital Raising on Mortgage-Free Property | Your Expert Guide Owning a mortgage-free property is a significant milestone, representing financial security and stability. However, situations may arise where you need to raise capital, whether for home improvements, debt consolidation, or even property investment. In these instances, your property can be a valuable financial resource. What Does… Read more
Commercial Finance For Football Clubs

How Commercial Finance Helps Football Clubs Grow On And Off The Pitch Running a football club is about far more than what happens over ninety minutes. You are managing a complex business that has to juggle player wages, transfer activity, stadium costs, community commitments and the expectations of supporters who want success every season. Commercial… Read more

Category: Knowledge