Why are BTL Fees so high?

Why Are Buy-To-Let Mortgage Fees So High? Buy-to-let mortgage fees can seem high because many lenders use arrangement fees to balance the interest rate, rental stress test and overall profitability of the product. In some cases, a buy-to-let mortgage with a high product fee may have a lower interest rate. This can help reduce the… Read more
Do I Need a Mortgage Broker for a Remortgage?

Understand the Benefits and Making the Right Choice For Your Remortgage Remortgaging can be a pivotal financial decision, whether you’re aiming to reduce your monthly payments, consolidate debt, or access equity for home improvements. One critical question you might be asking is, “Do I need a mortgage broker for a remortgage?” This blog post will… Read more
Does A Student Loan Affect A Mortgage?

Does a Student Loan Affect a Mortgage? Learn How It Impacts Your Application Having a student loan does not usually stop you getting a mortgage. However, if you are making student loan repayments, the monthly deduction can affect how much you are able to borrow. UK student loans do not appear on your credit report… Read more
UK Mortgages for Property Investors Based in Switzerland

Tailored UK Mortgage Solutions for Switzerland-Based Property Investors For property investors in Switzerland, whether Swiss nationals or UK expats, the UK property market offers attractive opportunities. Known for its stability, long-term growth potential, and diverse investment options, the UK remains a top choice for investors looking to secure a buy-to-let property, a family home, or… Read more
Mortgages for Foreign Nationals in the UK

How Foreign Nationals Can Secure Mortgages in the UK At Kerr & Watson, we understand that securing a mortgage as a foreign national in the UK can be a complex and daunting process. However, with the right guidance and expertise, it can be achieved. Our mission is to simplify this journey for you, ensuring you… Read more
Documents Needed for a Self-Employed Mortgage

Essential Guide to Applying for a Self-Employed Mortgage Applying for a mortgage as a self-employed individual can feel daunting, especially when it comes to gathering the right documentation. Unlike salaried employees, who present payslips and a P60, self-employed applicants need to provide a more detailed financial picture to prove their income. At Kerr & Watson,… Read more
Can You Get a Loan Secured to Your Investment Portfolio?

Investment-Backed Loans Explained When you think of a mortgage, you probably imagine it being secured against a property. That’s the standard route most borrowers take. However, if you hold significant investments, you might be wondering whether it’s possible to use them to secure a loan instead of tying everything to bricks and mortar. The answer… Read more
Mortgage Advice on Proof of Address & History

Can your address history affect your mortgage application? Yes — lenders use your address history to verify your identity, assess your credit profile, and carry out anti-fraud checks. If your address history is incomplete, inconsistent, or difficult to verify, it can delay your application or reduce your lender options. However, many lenders are still willing… Read more
How to get a Mortgage for a Freehold Flat

Can you get a mortgage on a freehold flat? Yes — but it can be more difficult than a standard property. Freehold flats are considered non-standard by many lenders, which means fewer mortgage options and stricter criteria. However, with the right advice and access to specialist lenders, it is still possible to secure a mortgage.… Read more
Mortgages for Older Borrowers

Mortgages for Older Borrowers: Your Guide to Lending in Later Life As you get older, you may assume that getting a mortgage becomes more challenging. While it’s true that some lenders have upper age limits, the market has evolved to accommodate older borrowers with more flexible mortgage options. Whether you’re looking to purchase a home,… Read more
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 At Kerr & Watson, we understand that securing a mortgage can be challenging, especially for those on zero-hour contracts. 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… Read more

Category: Mortgages