by Luther | Jul 26, 2023 | Mortgage tips, Mortgage types
A second, third, or fourth residential home is a common scenario for many people. There are a number of reasons why someone might need more than one residential property, such as work commitments, family reasons, or retirement planning. When it comes to financing a...
by Luther | Jul 20, 2023 | Case studies
Location: Bath Amount raised: £430k The scenario We were approached by a couple who wanted to buy a new home. They had a mortgage on their current home with a high exit charge, so they wanted to transfer it to the new home to avoid paying a penalty. The property was a...
by Luther | Jul 17, 2023 | Mortgage tips, Property conditions
What is stamp duty? Stamp duty is a tax that is paid when you buy property in the UK. It is a tax on the document that transfers ownership of the property, hence the name. The amount of stamp duty you pay depends on the value of the property. In Wales stamp duty is...
by Luther | Jul 14, 2023 | Mortgage tips, Rates
Securing a remortgage deal: A step-by-step guide Listen to section one here Remortgaging is the process of switching your mortgage to a new deal. This can be with your existing lender or with another mortgage provider. It can be a good way to save money on your...
by Luther | Jul 10, 2023 | Mortgage tips, Mortgage types, Self-employed
A seafarer is someone who works on a ship. This includes a wide range of occupations, from deckhands and engineers to cooks and stewards. Seafarers can work on a variety of vessels, from small fishing boats to large container ships. They may travel for months at a...