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What Do Mortgage Lenders Look for in Your Bank Statements?
Your bank statements play a key role in mortgage approval. Lenders examine your income, spending, savings, and existing debts to assess affordability. Red flags like frequent overdraft use, payday loans, or large unexplained deposits can affect your chances. Preparing your finances in advance can help secure the best mortgage deal. Read our full guide to improve your application success!
Why Regular Gambling Transactions Can Hurt Your Chances of Getting a Mortgage
Why Regular Gambling Transactions Can Hurt Your Chances of Getting a Mortgage" If you're looking to secure a mortgage, it’s essential to know that lenders will scrutinise your finances carefully—and frequent gambling transactions on your bank statements could hinder...
“Will Falling Interest Rates Spark a Brighter Future for the UK Property Market?”
As 2025 unfolds, there’s an optimistic buzz in the UK property market, and much of this sentiment can be attributed to the prospect of falling interest rates. With the potential for more favourable borrowing costs on the horizon, property buyers, sellers, and...
A Year in View for Investments
When looking back over the last 12 months it should be said that it’s been a relatively good year for investors, especially for those who have a diversified global portfolio. The financial markets have experienced some significant turbulence, marked by a mix of global...
Choosing between a Fixed Rate and a Tracker/Discount Mortgage: Finding the best fit for you.
One of the most important decisions when securing a mortgage is choosing between a fixed rate and a tracker/discount scheme. Each option offers unique benefits and considerations, making it crucial for borrowers to understand their options before making a decision. So, how do you determine which mortgage type is right for you? Let’s explore.
Great News for First Time Buyers. It’s the new £5K deposit mortgage.
Today sees the dawn of a new mortgage scheme, by Accord mortgages that has been designed specifically to help first time buyers. You may be able to take that first step onto the property ladder with a £5,000 deposit. This scheme is exclusively available to first time...
Will the new Tax Year help you to become better off Financially?
Will the new Tax Year help you to become better off Financially? With some of the announcements made by Jeremy Hunt in his speech last week in the Spring budget and when considering some other announcements that have recently been made, the new tax year may offer you...
Are You Finding It Hard to Maintain Your Mortgage Repayments and Your Bills.
Many people today are having difficulty making ends meet. The recent Increases in interest rates appear to be causing stress and worry for some people. Their biggest concern centres around their ongoing mortgage repayments considering the current mortgage interest...
The Power of Reviewing Your Mortgage Scheme
Without realising it homeowners are throwing away pounds each year by failing to take advantage of the many competitive mortgage deals available in the marketplace. If you are currently on the standard variable rate (SVR) for your mortgage, it is time to take a closer...
Is A Second Charge Loan Better Than a Personal Loan
This article is designed to provide you with some information about a financial product known as a “Second charge loan”. This type of loan can be a valuable tool for homeowners seeking additional financing options while still maintaining the existing mortgage and...
New Year’s resolution? Get to know your pension age(s)
Did you know that the phased increases to State Pension age (SPA) reached 66 for both men and women in October 2020 and it’s set to rise further? The minimum age for taking funds from a personal pension is also set to rise in 2028. Getting to know your pension ages,...
Glimmers of hope for the New Year
Over the past year, our vulnerabilities have been starkly exposed by coronavirus, and the pandemic continues to present an array of challenges on many different levels. Economic frailties have also been laid bare but, as we enter a new year, there are hopes of...
