Case Study: Long-Term Mortgage Solution for First-Time Buyers

Summary We recently helped a young professional couple purchase their first home in Blackwater, near Camberley, Surrey. They were buying a flat for £230,000 with a £23,000 deposit and required a mortgage of £207,000. Both applicants were employed with a combined income of £90,000, but they were also both living in the UK on Tier… Read more
Bridging Loans for First Time Buyers

Bridging Loans for First Time Buyers When and Why They Are Used When you are buying your first property, most people assume a mortgage is the only option. In many cases, which is true. However, there are situations where a standard mortgage does not work, at least not straight away. This is usually when bridging… Read more
Case Study: Supporting First-Time Buyers in Petersfield

Summary We recently helped first-time buyers purchase a property in Petersfield through a private sale agreed directly with owners they already knew. The customers were using a combination of personal savings and family inheritances for their deposit and wanted a 25-year mortgage term to keep repayments manageable without extending the borrowing unnecessarily. They also preferred… Read more
Can You Get a Mortgage After Bankruptcy

I Was Made Bankrupt. How Does That Affect Me With a Mortgage? Being made bankrupt can affect your ability to get a mortgage, but it does not always stop you from buying a home in the future. The impact usually depends on how long ago the bankruptcy happened, whether you have been discharged, what your… Read more
Case Study: JBSP Mortgage in Essex with Spousal Visa Challenge

Summary We recently helped our customer secure a JBSP mortgage in Essex to buy their first home for £370,000. Although their credit history was good and they had no liabilities, the application had several points that needed careful consideration. The mortgage needed to work on a Joint Borrower Sole Proprietor basis, one of the applicants… Read more
How Do Credit Cards Affect a Mortgage Application?

Can Credit Card Debt Stop You Getting a Mortgage? Credit cards can affect a mortgage application, but having a credit card does not automatically stop you from getting a mortgage. Lenders are usually more interested in how you use the card, how much you owe, whether payments have been made on time, and whether the… Read more
How Do Childcare Costs and School Fees Affect Your Mortgage?

Mortgage Affordability and Childcare Costs Explained Childcare costs can affect how much you are able to borrow on a mortgage because lenders look at your income and regular household outgoings before deciding what is affordable. For many parents, nursery fees, childminder costs, wraparound care, after-school clubs or private school fees are among the largest monthly… Read more
Costs And Fees When Buying Your Home

Understanding the costs and fees when buying property When you buy a property, the purchase price is only part of the overall cost. There are several fees and expenses involved before, during, and after completion. Some are paid upfront, some are linked to your mortgage, and others are ongoing once you own the property. Understanding… Read more
Case Study: First-Time Buyer Mortgage for Professional Footballer

Summary We recently helped a professional footballer in the EFL Championship purchase his first home in London after signing a new contract with a new club. The property was valued at £880,000 and the customer required a £650,000 mortgage. The main challenge was that he had only just started with his new club and had… Read more
Can I Get a Mortgage If I Am on Maternity or Paternity Leave?

Can You Get a Mortgage on Maternity or Paternity Leave? Yes, you can get a mortgage while you are on maternity leave, paternity leave or shared parental leave. Being on parental leave does not automatically prevent you from getting a mortgage. The main issue for the lender is whether the mortgage will remain affordable based… Read more
What is a Joint Borrower Sole Proprietor (JBSP) Mortgage

Get a Mortgage with Family Help: How JBSP Mortgages Work Getting onto the property ladder can feel like an uphill climb, especially if your income alone doesn’t stretch far enough. Whether you’re a first-time buyer or simply struggling to borrow enough on your own, a Joint Borrower Sole Proprietor (JBSP) mortgage could be the solution… Read more
Green Mortgage Deals for EPC A–C Homes

Green Mortgage Deals Explained If you’re planning to buy a home or remortgage, you might be surprised to learn that your property’s energy efficiency could impact the type of mortgage you get. Green mortgages are a growing trend in the lending world, offering incentives such as lower rates or cashback when you choose or improve… Read more

Category: First Time Buyer Mortgages