The latest from Tim
Remortgaging 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…
Mortgage Overpayment Calculator
Use our mortgage overpayment calculator to work out the savings you could make by overpaying and how much faster your mortgage could be paid off.
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…
How to Remortgage to Release Equity
Remortgaging to release equity allows you to raise funds by accessing some of the value that’s built up in your home.
Equity Release or Remortgage: Which is Right For You?
If you’re an older homeowner who wants to unlock the equity in your home, equity release or remortgaging could both be explored.
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.
Porting a Mortgage Explained
Porting a mortgage is when you transfer your existing mortgage deal when you move to a new home, instead of taking out a new mortgage. Here’s how mortgage porting works…
Mortgage Advice: Do I Need a Mortgage Broker?
The job of a mortgage adviser or broker is to help you find the best mortgage for your circumstances and needs. They may also apply for the mortgage and take…
What Does Loan-to-Value (LTV) Mean for a Mortgage?
The loan-to-value (LTV) ratio is your mortgage amount expressed as a percentage of the current value of the property being bought or remortgaged. The bigger your deposit or the equity…
How Long Do Mortgage Offers Last?
If a lender makes you a mortgage offer, you'll typically have between three and six months before the offer expires.
Discount Mortgages: Is a Lower Rate Worth the Risk?
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.
What’s the Difference Between Freehold and Leasehold?
Most home buyers in the UK have two main options when it comes to property ownership: it will usually be offered freehold or leasehold. With freehold, you will own the…
Should I Overpay my Mortgage?
Making mortgage overpayments can help you save money in interest and clear your mortgage sooner. But first you should check if there are limits and charges on how much you…
What is a Mortgage Term and How does it Work?
When you apply for a mortgage, you will agree to a time frame for repaying the loan. This will affect how much you pay each month and over the lifetime…