While spring is finally making a shy appearance in our neck of the woods, it’s all good news and sunshine for homeowners in the Greater Glasgow area. Lots of buyers are looking for their dream home currently, which makes it the ideal context for selling. With affordable mortgages and good approval rates, it is an ideal time for aspiring buyers to look for the next opportunity. Continue reading Local Property Market Update
Category Archives: Mortgages
Help Children Purchase Their First Home
Getting up the property ladder for the younger generations has been proving more difficult in recent years, that is why many appeal to the bank of Mum and Dad to finance the deposit on the first home. But if gifting the deposit to your children is not convenient or possible, there are a few other ways to help younger family members start their journey up the property ladder. Here we look at a few current options: Continue reading Help Children Purchase Their First Home
Should I Overpay on My Mortgage?
Could overpaying on your mortgage be a wise move? Using some of your savings or disposable income to make additional mortgage payments can result in considerable gains in interest. However, with any such decision regarding financial planning, it’s always best to consult an independent financial advisor to ensure this is the right move for your personal circumstances. Continue reading Should I Overpay on My Mortgage?
Easter Wishes from The Mortgage Hub
For many, Easter is a time for celebrating new beginnings. With spring officially here, winter receding and the days getting longer and warmer, it finally feels like a fresh start. It’s not surprising then, that a lot of us can find our minds wandering to thinking about our wishes and hopes for the future, and how we can make a new beginning in a new home. Continue reading Easter Wishes from The Mortgage Hub
20% Deposit Buy to Let Mortgage Announced
One of the mainstream lenders we work with here at The Mortgage Hub has just announced 20% deposit mortgage product for property investors looking for a buy-to-let mortgage. Continue reading 20% Deposit Buy to Let Mortgage Announced
More First Time Buyers Than Ever Ask Advice from a Mortgage Expert
In the last year, first time home buyers came to the market in unprecedented numbers to find out more about the accessibility of mortgages. Because of the historically low-interest rates and the relatively higher approval rates, many wishful home buyers are in a position to move one step forward on the property ladder. Continue reading More First Time Buyers Than Ever Ask Advice from a Mortgage Expert
Scottish Property Market the Strongest of the UK
The property market in Glasgow and Edinburgh has shown the biggest price increase in the UK in 2017. Recently released data from the Office for National Statistics suggests that the average price of property in the UK increased by 5.2% in 2017, but local Glasgow property market has grown by 7.9%, top of the leaderboard across the UK. Continue reading Scottish Property Market the Strongest of the UK
Getting a Mortgage When You Are Self Employed
We get many enquiries from freelancers and self-employed about mortgage accessibility, so we have created this post to share the most important aspects of getting your mortgage approved when you are self employed. Continue reading Getting a Mortgage When You Are Self Employed
Interest-only mortgages: Talk to Us Today!
Do you have an interest-only mortgage on your home? The answer could very well be yes, as nearly one in five mortgage customers currently have an interest-only home loan, according to the Financial Conduct Authority (FCA). Interest-only deals allow borrowers to pay off the capital only when the mortgage term ends, and while you will pay smaller amounts monthly, you will need to make plans to repay the capital (the amount you borrowed) in order to clear your debt. Continue reading Interest-only mortgages: Talk to Us Today!
Buying a Home with the Bank of Mum and Dad
For many young people, the Bank of Mum and Dad has become the only route to buying their own property. Whilst mortgage rates remain low, the ever-increasing price of houses across the UK means that even before they try to borrow, first-time buyers need to save a larger deposit. Continue reading Buying a Home with the Bank of Mum and Dad