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
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
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
Can you get a mortgage using dividends? Yes – Many mortgage lenders will accept dividend income as part of your mortgage application. If you are a company director paid through salary and dividends, lenders will usually assess both forms of income together. However, every lender assesses this differently, which is why choosing the right lender… 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