Category: Residential Mortgages

  • Case Study: Mortgage for Premier League Footballer on Contract

    Case Study: Mortgage for Premier League Footballer on Contract

    The Scenario A newly signed Premier League footballer got in touch to buy his first home in The Midlands.  He had recently moved from a football scholarship to a full professional contract and was seeing a big increase in income. The property he wanted to buy was worth £1,000,000, and he had a 15% deposit… Read more

  • CIS Mortgage Advice

    CIS Mortgage Advice

    CIS Mortgage Advice for Construction Workers | Kerr & Watson If you work under the Construction Industry Scheme (CIS), you might have experienced challenges when trying to secure a mortgage. Traditional lenders often view CIS workers as higher risk due to irregular income patterns and self-employment status. At Kerr & Watson, we specialise in understanding… Read more

  • Remortgage Advice

    Remortgage Advice

    Remortgaging can be an exciting but often overwhelming experience. With numerous factors to consider, such as mortgage rates, equity, and changing financial circumstances, the process can seem daunting. That’s where Remortgage Advice steps in – your navigator in the intricate world of mortgage refinancing. The Remortgage Process Understanding the remortgage process is essential for homeowners.… Read more

  • Can I move during my Fixed-Rate Mortgage Period

    Can I move during my Fixed-Rate Mortgage Period

    Can you move house during a fixed-rate mortgage? Yes, you can move house during a fixed-rate mortgage — but there may be costs involved. The main decision is whether to transfer your current mortgage to your new property or repay it and take out a new deal. Each option comes with different implications, including early… Read more

  • Does Age Matter for a First-Time Buyer?

    Does Age Matter for a First-Time Buyer?

    Key Considerations for First-Time Buyers at Any Stage of Life Purchasing your first home is a significant milestone, but does age really matter when you’re a first-time buyer? This is a common question among prospective homeowners, and the answer isn’t straightforward. Age can influence various aspects of the home buying process, from mortgage eligibility to… Read more

  • Can You Transfer a Mortgage to Another Person?

    Can You Transfer a Mortgage to Another Person?

    How to Transfer a Mortgage to Someone Else: Key Steps and Considerations Transferring a mortgage to another person can arise from various situations, such as a change in relationship status, estate planning, or the sale of a property. Whether you’re looking to add a partner to your mortgage, transfer ownership to a family member, or… Read more

  • Do I Need a Mortgage Broker for a Remortgage?

    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?

    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, but it can affect how much you are able to borrow. Lenders focus more on your monthly student loan repayments and overall affordability rather than the total balance owed. Not… Read more

  • UK Mortgages for Property Investors Based in Switzerland

    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

    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

  • Home Mover Mortgage Advisor

    Home Mover Mortgage Advisor

    Moving to a new home is a significant milestone, often accompanied by unique financial and logistical challenges. Whether upsizing, downsizing, or relocating, understanding the intricacies of the mortgage landscape is vital. A Home Mover Mortgage Advisor is your trusted ally, helping navigate the complexities of buying a new home while managing an existing mortgage. The… Read more

  • Documents Needed for a Self-Employed Mortgage

    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