How Do Mortgage Interest Rates Work?

Mortgage Interest Rates: Types, Factors, and Advice Understanding mortgage interest rates is crucial when you’re looking to buy a home or remortgage. The interest rate on your mortgage determines how much you’ll repay over the life of the loan. This guide will help you grasp the different types of mortgage interest rates, how they are… Read more
Buy to Let Mortgage Deposits

Buy to Let Mortgage Deposits: Everything You Need to Know Before Investing in Property Investing in property can be a lucrative venture, and buy-to-let mortgages are a popular choice for those looking to enter the rental market when they can not buy with cash or prefer not to use all of their own funds. Understanding… Read more
What Does Loan to Value Mean?

What Does Loan to Value (LTV) Mean? When you’re looking at the world of mortgages, it’s easy to feel overwhelmed by the jargon and technical terms thrown your way. One of the most important concepts you’ll likely encounter is Loan to Value, often abbreviated as LTV. Understanding LTV is important, as it directly affects the… Read more
Mortgage With No Early Repayment Charges

Understanding Mortgages Without Early Repayment Charges As a homeowner or prospective buyer, navigating the world of mortgages can be complex. One aspect that often causes concern is the early repayment charge (ERC). If you’re considering paying off your mortgage early, it’s crucial to understand how ERCs work and the options available to avoid them. At… Read more
Buy To Let Mortgage With No Minimum Income

Can you get a buy-to-let mortgage with no minimum income? Yes — but lender criteria can vary significantly. While many lenders require a minimum income (often around £20,000–£25,000), some will assess applications based primarily on rental income and overall financial position. This means it is possible to secure a buy-to-let mortgage without a traditional income,… Read more
Short Lease Mortgages

Short Lease Mortgages: What You Need to Know Before Buying Purchasing a property with a short lease can be an appealing option due to the typically lower purchase price, but it comes with its own set of challenges, particularly when it comes to securing a mortgage. At Kerr & Watson, we specialise in guiding our… Read more
What is The Minimum Mortgage Amount

Minimum Mortgage Amount: Understanding Small Mortgages and Your Options When it comes to purchasing a property, a question that we have seen is: “What is the minimum mortgage amount I can borrow?” While many are familiar with the process of securing large loans, smaller mortgages can often be overlooked. Whether you’re looking to buy a… Read more
Case Study: Buy-to-Let Remortgage in Wiltshire

Introduction We recently helped our customers remortgage a buy-to-let property in Wiltshire, raising additional capital for a future property investment while securing a new five-year fixed rate. Our customers were experienced landlords who lived in employer-provided military accommodation rather than owning their own residential home. This restricted their choice of buy-to-let lenders, particularly as they… Read more
How to Get a Mortgage on a Concrete House

Can You Get A Mortgage On A Concrete House? Yes, it may be possible to get a mortgage on a concrete house, but it will depend on the type of concrete construction, the condition of the property and whether the lender’s valuer is comfortable with it as security. Concrete houses are usually classed as non-standard… Read more
Mortgages for UK Expats in Singapore

Mortgage Solutions for Expats Living in Singapore Securing a mortgage as an expat can be a challenging process, particularly when you’re living and working abroad, even when you hold a UK passport. For UK expats in Singapore and other areas of South East Asia, the complexities of lender criteria, foreign income considerations, and property regulations… Read more
Fixed vs Variable Rate Mortgages

Should You Choose a Fixed or Variable Mortgage? If you’re approaching the end of your current mortgage deal or buying a property for the first time, you’re probably wondering whether to go for a fixed or variable rate mortgage. With interest rates constantly shifting, choosing the right deal can feel like a gamble. But it… Read more
Regulated Buy to Let – Family Buy to Let Mortgage

Regulated Buy-to-Let Mortgage: Renting to Family Explained (Lender Criteria Guide) If you’re considering renting out a property to a close family member, a standard buy-to-let mortgage may not be suitable. Instead, you may need a regulated buy-to-let mortgage, also known as a family buy-to-let mortgage. These mortgages are designed for landlords who plan to let… Read more

Category: Buy To Let Mortgages