Moving home

Discounted mortgage rates

Discounted Mortgage Rates: An Eye-Opening Path to Financial Empowerment

Discounted Mortgage Rates – What are they? When embarking on the journey to homeownership, understanding your mortgage options is paramount. One such option that often piques the interest of homebuyers is the enticing world of discounted mortgage rates. But what exactly are discounted mortgage rates, and how can they work in your favour? At their …

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Different types of mortgage available

Understanding the Different Types of Mortgage: Which 1 is Right for You?

Introduction to different types of mortgages In the dynamic mortgage market, it’s crucial to understand the different types of mortgages available to make informed decisions. Whether you’re a first-time buyer, a homeowner looking to remortgage, or an investor considering buy-to-let properties, this guide will help you navigate the various mortgage options. Different types of mortgages: …

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What is happening in housing April 2023

What’s happening with housing? April 2023

Rising rates dominated the news around housing and mortgage markets throughout 2022, setting the tone for an expected market downturn in 2023. After the latest Bank Rate rise in February increased repayments for those on variable rates, how will the mortgage and housing markets react? Up and down On 2 February, the Bank of England …

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variable rates

What are variable mortgage rates?

Variable mortgage interest rates, also known as tracker or discounted mortgage products, are mortgage loans with interest rates that can fluctuate over time. The interest rate on a variable mortgage is tied to an economic index, such as the Bank of England base rate or the own building society standard variable rate. As the index …

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Voluntary payments vs roll-up

Biggest interest rate increase in 33 years

After the Bank of England’s Monetary Policy Committee (MPC) voted to increase Bank Rate to 3% in early November, households across the country are feeling the effects of pricier borrowing.   Going up The rise of 0.75 percentage points, an eighth consecutive increase and the biggest since 1989, has a significant impact on borrowers. Future …

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Basingstoke Mortgage Broker

Are you a first time buyer? Be ready to buy in 4 easy steps.

The home-buying process can be complex for the first-time buyer (FTB). So much so that finding the right home can start to seem like the least of your concerns!  Here are some top tips to prepare financially before you kick off your search: Know what you need. Before you start searching, make sure you separate …

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