Mortgage

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Will I have to pay stamp duty?

There are all sorts of costs to consider when buying a new house, besides the actual cost of the property itself. There are moving costs, legal fees and of course stamp duty.

Why there's more to a good mortgage than a low interest rate

When you’re buying a property, working out which mortgage is best for you is a big decision. For many people, the main thing they look for is the interest rate, as this will play a big part in determining how big the monthly repayment will be.

Negative equity: what is it, and how to avoid it

House prices fell by almost 3% in January according to the Halifax house price index, while over the last three months they have dropped by around 0.8%. With Brexit almost upon us, and the potential difficulties that will bring, it can be a nervy time for homeowners.

Why stretching your mortgage term is dangerous

While mortgages have traditionally been offered over 25-year terms, this has started to change in recent years. According to data from Moneyfacts, the number of mortgages with a maximum mortgage term has jumped from 1,118 to 2,221 since 2014.

How to cut home moving costs

Latest figures from Lloyds Bank have found that the average cost of moving home is now £12,110 - up by £486 on last year. But there are ways to keep escalating costs under control.

How to get a mortgage if you’re self-employed

Getting a mortgage if you’re self-employed may be harder but it certainly isn’t impossible. Ultimately, you need to prove that you have a reliable income and there are loads of ways you can do this – you may just need to try a bit harder. We’ve rounded up the best advice on how to secure a mortgage if you’re self-employed.

What is the loan-to-value on your mortgage and why does it matter?

If you’re looking to purchase a property in the UK, then chances are the first thing you’ve thought about is getting a deposit together. The days of being able to purchase a home without having to put down a deposit are long gone, with typical deposits now coming to tens of thousands of pounds.

9 ways to save for your mortgage deposit

Saving up for a mortgage deposit can seem daunting, but there are plenty of things you can do that’ll not only help you reach your savings goals sooner but also your dream home.