Mortgage guides

House surveys are important when it comes to buying a property. They enable you to gain a better understanding of the property, and foresee any potential problems in the future. There are various types of surveys out there, and choosing the right one for the property you’re buying can be confusing. To help out, our mortgage specialists have prepared this short overview explaining everything you need to know.

If you’re buying a property, you might be wondering what stamp duty is. You might not be sure how much you need to pay, when you need to pay it, or why. To help clear things up, we’ve prepared this handy guide to explain everything you need to know.

Help to Buy: Equity Loan is a government scheme that provides homeowners who might not be able to purchase a property a bit of extra financial help. Often, when people are considering this scheme, they worry about repayment. That’s why our expert mortgage advisors have created this handy guide. We’ll explain what happens when you want to pay your equity loan back and what happens if you don’t pay it back before you sell your property or when the mortgage term is over.

The conveyancing process can seem confusing and overwhelming if you’re not used to it, with unfamiliar terminology making things scarier than they should be! That’s why our mortgage experts have created this handy guide, explaining it in detail and defining key terms. We’re here to empower you with all the information and advice you need to navigate your property purchase with confidence. Let’s get into it!

Sometimes during the property purchase process, specialist reports are required. Often this is because there are specific risks or concerns with the property such as asbestos, structural integrity, wood rot, and damp. To help you understand what reports and surveys might be required and why, we’ve summarised some of the most common in this handy guide.

Selling a property can seem like a long and complicated process – but it doesn’t have to be! To complement our guide to conveyancing, we’ve summarised all the different steps in the sales process to help you understand how it works.

If you’re a tenant in a council house, you might be eligible for right to buy. This scheme originated in 1980, and has enabled scores of people to purchase their homes as a significant discount. To help you work out if it’s right for you, we’ve compiled the following information. Once you’ve had a read, don’t hesitate to contact our Right to Buy experts with any questions.

Buying a home of your own is exciting, but it can also be a little bit stressful! Whilst the purchase process might seem complex, it’s really not. To help you get your head around it and put you at ease, our mortgage experts have created this helpful guide to conveyancing; that is, the legal transfer of a property’s ownership. Let’s break it down into several stages. 

For those looking to get on the housing ladder, Help to Buy: Shared Ownership can be a suitable option. Effectively a combination of buying and renting, this affordable housing scheme can help you realise your homeowning ambitions sooner rather than later. Here, we explain everything you need to know about this scheme so you can decide if it’s right for you.

Many hopeful homeowners have opted to open a Help to Buy: ISA. This government scheme aims to financially support first time buyers by topping up their savings. If you’ve got a Help to Buy: ISA, you might have a few questions about how it works and what happens when you want to use it. That’s why our mortgage experts have created this helpful guide to make things a little bit clearer.

Help to Buy: Equity Loan is a government funded affordable housing scheme that aims to help first time buyers get on the property ladder. It started in April 2013 and offers hopeful homeowners the option of buying a 5% deposit on a new build property, with the government covering an additional 20% of the purchase price. Let’s explore how it works in more detail.

Leasehold and freehold are different forms of property ownership in England and Wales – essentially describing how you ‘hold’ the land. If you’re not sure what the difference is and want to understand these terms a little better before proceeding with your property search, our handy guide should help.