The latest from Tim
Mortgage Calculators for UK Borrowers
Use our simple UK mortgage calculators to get an estimate of monthly mortgage repayments, work out how much you could borrow, and see how interest rate changes and overpaying may…
What is a Standard Variable Rate Mortgage?
A standard variable rate, or SVR, is an interest rate set by your mortgage lender that you may be moved onto once your fixed, tracker or discount rate mortgage deal…
What are Early Repayment Charges and How to Avoid Them
You may have to pay an early repayment charge (ERC) if you pay off your mortgage early or overpay by more than is allowed. The charges can be hefty, but…
What Credit Score Do You Need for a Mortgage?
It’s important to look at your credit score before applying for a mortgage because it can give you an idea of how a lender will view your application.
95% Mortgages: Getting a Mortgage With a 5% Deposit
95% mortgages only require you to have a 5% deposit. They are mainly used by first-time buyers, and sometimes by existing homeowners who are looking to move or remortgage but…
What are Interest Only Mortgages?
With an interest only mortgage you’ll only pay off the mortgage interest each month, but none of the original loan. Learn more about how these mortgages work, their pros and…
Compare Remortgage Deals
Taking time to compare remortgage deals can save you money. Learn about remortgaging and how to get the best remortgage deal for you.
What is a Mortgage in Principle?
Getting a mortgage in principle can give you an idea of whether a lender will offer you a mortgage and for how much. Having such an agreement doesn’t guarantee you’ll…
When Can You Remortgage?
It’s possible to remortgage whenever and how often you like, but there may be charges if you remortgage before your current deal ends.
How Long Does a Remortgage Take?
The remortgaging process may take one to two months if you’re switching to a new lender, or it could be less than a week if you stay with your current…
How to Remortgage to Pay for Home Improvements
Remortgaging to pay for home improvements or an extension may be an option if you have sufficient equity in your property and can prove to your lender a larger mortgage…
Remortgage Costs and Fees Explained
Remortgage costs are the fees that you may have to pay when switching from your current mortgage to a new deal. These could include arrangement fees, booking fees, legal fees…
Do You Need a Solicitor to Remortgage?
The legal expertise of a solicitor will be needed if you remortgage with a new lender but may not be necessary if you take out a new deal with your…
What is a Remortgage & How Does Remortgaging Work?
Remortgaging involves changing your existing mortgage for a new deal, either with a different lender or your current one.
Discount Mortgages: Is a Lower Rate Worth the Risks?
A discount rate mortgage tracks a lender's standard variable rate, but at a discount. There are pros and cons to this sort of loan.