Can you help me to acquire a self build mortgage?
If you are considering building your own home, renovating or converting an existing property, we can source suitable finance for your project based upon your specific requirements.
Read moreGroup: Mortgage FAQs
What is the Help to Buy: Equity Loan scheme?
The new Help to Buy: Equity Loan scheme was launched on 1 April 2021. It is for first-time buyers and includes regional property price limits to ensure the scheme reaches people who need it most; it will run until March 2023. As with the previous scheme, the...
Read moreWhat is Shared Ownership?
Shared Ownership allows you to part-buy and part-rent your home from a housing association. The share of the property you purchase is usually between 25% and 75% (a mortgage can be secured on this percentage of the property) and you rent the remaining share from the...
Read moreCan you help me to acquire a mortgage to purchase my Right to Buy Council property?
If you meet certain criteria, you will be eligible to purchase your council home. The current economic climate can make this an attractive proposition for certain council house tenants.
Read moreMy property has a short lease, can I still get a mortgage?
For leasehold properties, mostly flats, apartments and maisonettes, a short lease can make finding a mortgage for the property more difficult: a term of less than 60 years is deemed short. As a rule, shorter leases can negatively affect the value of a property as it...
Read moreWhat is the difference between a leasehold or a freehold property?
When you buy a freehold property, you own the building and the land it’s on until you decide to sell it (though of course your mortgage company could still repossess it if you don’t keep up repayments). This kind of total ownership is known as ‘title absolute’. If you...
Read moreCan you recommend a solicitor or conveyancing firm to complete the legal work for my case on my behalf?
We offer a fast quotation service to get your purchase and/or sale moving as quickly as possible. We have access to over 200 solicitors around the country all individually rated by past clients. There is never a charge if your sale or purchase does not complete.
Read moreI’m a professional landlord, can I get a Buy-to-Let mortgage?
Yes, although the pool of lenders which offer mortgages to applicants whose main source of income is from property letting is limited.
Read moreCan a House of Multiple Occupancy (HMO) have a standard Buy to Let mortgage secured on it?
No. An HMO mortgage is a type of mortgage specifically for landlords who want to rent out their property to more than three tenants who aren’t from one household. These mortgages have some key differences, such as lenders only considering experienced landlords, and...
Read moreWhat is a Let to Buy mortgage?
The best way to explain a Let to Buy mortgage is using an example case. Mr & Mrs Smith are living in a property that they currently own, with a mortgage. They would like to buy a new property to be their home and to rent out their current property to tenants. ...
Read moreHow much deposit do I need to put down to purchase a Buy to Let?
The minimum deposit is usually 20%.
Read moreDo I have to have buildings insurance to cover my property?
Yes, it is compulsory to have buildings insurance on your property in case of unforeseen damage or destruction if you wish to secure a mortgage on it. Your Solicitor may ask to see a copy of your buildings insurance policy to check against your lender’s Valuation...
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