Category: Remortgages

  • Case Study: Helping Ascot Homeowners Secure a Further Advance for Home Improvements

    Case Study: Helping Ascot Homeowners Secure a Further Advance for Home Improvements

    Introduction Home improvements can enhance both comfort and property value, but funding them often requires strategic financial planning. This case highlights how we assisted homeowners in Ascot to secure a further advance with their current lender, HSBC, to finance their renovation plans while ensuring affordability and stability. The Scenario The homeowners already held a mortgage… Read more

  • Mortgage for Commission Only Jobs

    Mortgage for Commission Only Jobs

    Mortgage for Commission Only Jobs: A Complete Guide to Borrowing on Commission If you earn your income through commission only, you may have wondered whether getting a mortgage will be harder than it is for someone on a basic salary. You might even have been told that lenders do not like commission only jobs, or… Read more

  • Case Study: Remortgage to Buy a Property Abroad

    Case Study: Remortgage to Buy a Property Abroad

    The Scenario A professional couple based in Virginia Water were exploring options to purchase a holiday home in the Algarve, Portugal. Rather than securing foreign lending, they sought to remortgage their UK home to raise the necessary capital. Their plan was to unlock equity from their existing property to fund the full purchase and associated… Read more

  • Case Study: Helping a Family in Fleet Secure a Further Advance for Home Improvements

    Case Study: Helping a Family in Fleet Secure a Further Advance for Home Improvements

    The Scenario The customers, a couple with two children based in Fleet, Hampshire, were looking to capital raise for home improvements. They were also considering using the additional funds to clear a loan but had not made a final decision. Their current mortgage with Nationwide had an outstanding balance of £297,905, and they wanted to… Read more

  • Is Remortgaging a Good Idea?

    Is Remortgaging a Good Idea?

    Is Remortgaging Right for You? Weighing the Benefits and Drawbacks Remortgaging is a term that often comes up in conversations about managing finances and homeownership. But what exactly does it mean, and is it something you should consider? Whether your current mortgage deal is coming to an end, or you’re exploring ways to better manage… Read more

  • What to Bring to Your Mortgage Appointment

    What to Bring to Your Mortgage Appointment

    Essential Checklist: Documents You Need for a Hassle-Free Mortgage Appointment Preparing for your mortgage appointment is crucial for a smoother and more efficient application process.  Bringing or sending over the correct documents can significantly speed up the approval of your mortgage or remortgage.  At Kerr & Watson, we aim to make this process as seamless… Read more

  • The Mortgage Process: What Lenders Look For and What Underwriters Do

    The Mortgage Process: What Lenders Look For and What Underwriters Do

    Key Insights and Tips to Boost Your Mortgage Approval Chances Mortgage underwriters are the gatekeepers of mortgage approval, meticulously assessing every aspect of a your financial profile. We explain the intricacies of mortgage underwriting, shedding light on what lenders scrutinise and offering actionable advice to bolster your chances of securing that coveted mortgage offer. Understanding… Read more

  • Remortgage in the UK to Buy a Property Abroad

    Remortgage in the UK to Buy a Property Abroad

    How to Release Equity to Buy a Property Overseas Buying a property overseas is an exciting goal, whether you are looking for a holiday home, an investment, or a place to retire too in the future. One of the most common ways to fund this dream is by remortgaging your existing home in the UK… Read more

  • Longest Term Mortgage in the UK

    Longest Term Mortgage in the UK

    Longest Term Mortgage in the UK: Benefits and Drawbacks When considering a mortgage, one of the decisions you’ll face is the length of the mortgage term. The mortgage term refers to the duration over which you’ll repay your loan, influencing your monthly payments, total interest paid, and financial planning. As lenders continue to evolve their… Read more

  • No-Deposit Mortgage

    No-Deposit Mortgage

    Getting on the Property Ladder Without a Deposit Struggling to save a deposit for your first home? A no-deposit mortgage might be your solution. At Kerr & Watson, we understand the challenges of saving for a deposit while paying rent and managing other expenses. This guide will explain how no-deposit mortgages work, their advantages and… Read more

  • What If Your Fixed-Rate Mortgage Deal Ends

    What If Your Fixed-Rate Mortgage Deal Ends

    What to Do When Your Fixed-Rate Mortgage Deal Ends As your fixed-rate mortgage deal approaches its end, you might be feeling uncertain about what lies ahead. Mortgage rates have fluctuated over the past few years, and the end of a fixed-rate term can bring significant changes to your financial situation.  Understanding your options and planning… Read more

  • Case Study: Easing the Remortgage Process for New Parents in Camberley

    Case Study: Easing the Remortgage Process for New Parents in Camberley

    Easing the Remortgage Process for New Parents in Camberley Meet our customers: a couple, both aged 33, from Camberley in Surrey. Their journey with us, Kerr & Watson, began amidst an exciting yet challenging time. They anticipated the arrival of their first child, and they needed to remortgage their residential property, without the added stress… Read more