Property Investment in Liverpool
In this blog, we will look at the advantages of fixing your mortgage and what other alternatives there are. The most common sort of mortgage now is a fixed rate mortgage. So the question we always get asked is ‘Should I fix my Mortgage?’ Let’s take a look… What is fixed rate mortgage? A fixed […]
This article will explain what mortgage fraud is, the different types of mortgage fraud and what consequences can result if a person is caught. We will also talk about what can be done to significantly reduce mortgage fraud. What is Mortgage Fraud? Mortgage fraud is a crime that entails lying on your mortgage application to […]
Lot’s of people often ask: Can you rent out a mortgaged property? The answer is often yes, but you should have the correct mortgage that fits your intentions with the property. Avoid occupancy fraud If you lie about your intentions for the property when getting a mortgage, you risk being charged with occupancy fraud. It […]
What is a self employed mortgage? If you work for yourself then you will know that it’s much harder to get a mortgage if you are self employed. Why is it so hard to get one? And what are banks looking for? Why it is hard to get one? If you’re self-employed and searching for […]
So you want to know How to buy a house without a Mortgage? There are many ways including using cash, bridging loans and joint ventures. Cash buying with savings One way of buying a house with no mortgage is using savings/cash. Making a cash purchase with savings can save you money over time, especially on […]
A bridging loan can be obtained through a specialised broker or directly from the lender; however, they are not commonly available and are rarely given by high-street banks. Even though a bridging loan is usually quicker to obtain than a mortgage, lenders will still conduct extensive checks on your credit history, mortgage obligations, and the […]
Getting a second mortgage or second charge can be good for people who are property investors and want to release more capital to purchase another property. However, a second charge is not a good option if you are already struggling with debt and/or mortgage repayments. Mortgage Modification Programmes Mortgage modification programs were put in place […]
Help! I hear you scream! I want to run a property business or get a mortgage but I’ve got bad credit! Well, you will be pleased to know that the answer to can you get a mortgage with bad credit is ‘yes!’ It may just be a little more complex or difficulty to secure. It […]
Welcome, investors! Today were are taking a look at HMO Mortgages. What is a HMO mortgage? And how easy is it to get one? Remember that if you apply for the wrong type of mortgage knowingly, that could constitute as mortgage fraud, so it is important that you are honest with your lender. What is […]
You will need an AIP – Agreement in Principle – if you are buying a house with a Mortgage. Usually, most investors put 25-30% deposit down and get the rest on an interest only Mortgage. This is because it keeps the monthly payments down and allows you to retain the rest of your capital for […]
