What mortgage can I get with my salary?

It’s the big question. The first thing almost all homebuyers find themselves asking: “What mortgage can I get with my salary?” Well the good news is that income is undoubtedly a huge factor in determining how much a lender might offer you. However, the reality is it’s not quite as simple as just plugging your…

Should I overpay my mortgage?

Paying off your mortgage faster and owning your home outright is a major financial dream of many in the UK. And making mortgage overpayments – paying more than your required monthly amount – is a popular way to achieve this. But while it sounds good on paper, is it always the right financial move? Because…

Do banks still offer offset mortgages?

When you get really deep into exploring your mortgage options you might start coming up on terms beyond the usual “fixed” or “variable rates”. For example, you might see some lendingers offering something called an ‘offset mortgage’. And yes, these sorts of mortgages are less common than your standard deals but that doesn’t mean you…

What is the 10% rule for mortgage overpayments?

For many people in the UK, owning your home outright is perhaps the ultimate financial achievement. One way to reach that goal faster is by making regular mortgage overpayments so you overpay on the required monthly amount to gradually chip away at the debt. However, lenders often have rules about how much you can overpay…

How Do I Find A Mortgage Broker?

Getting a mortgage is one of the biggest financial commitments you’ll likely make in your life. But the UK mortgage market is vast with many lenders and products making it feel overwhelming especially if you’re a first-time buyer or have complex circumstances. This is where a mortgage broker can be invaluable acting as your expert…