How Address History Affects Your Mortgage When you apply for a mortgage, one of the first things a lender will want to see is proof of your current address and your recent address history. It might seem like a minor detail, but your address records can significantly affect how your application is assessed, what deals… Read more
Mortgages for Freehold Flats: Overcoming the Challenges The mortgage market can be complex, especially when you’re dealing with unique property types like freehold flats. While freehold ownership of a house is common, freehold flats come with challenges that make securing a mortgage more difficult. Yet, with the right advice and lender connections, you can make… Read more
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
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
Interest-Only Mortgages for First-Time Buyers: What You Need to Know As a first-time buyer, the mortgage market can feel overwhelming at times, especially when considering less conventional options like interest-only mortgages. While these types of mortgages were once more popular, they still provide a viable route for specific situations. Understanding how they work, the eligibility… Read more
Embarking on the journey of purchasing your first home is an exciting but often overwhelming experience. With many factors to consider, from mortgage rates to deposit schemes, the process can seem daunting. That’s where a First Time Buyer Mortgage Advisor comes in – your compass in the complex world of homeownership. The Mortgage Process as… Read more
Mortgage Advice for Directors Using Dividends If you run your own limited company, you might choose to pay yourself a mix of salary and dividends for tax efficiency. While this approach can be great for reducing your tax bill, you may wonder how it affects your mortgage prospects. The good news is that many mortgage… Read more
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