Understanding LTV ratios is crucial when exploring mortgage options. The loan-to-value (LTV) ratio measures the mortgage amount against the property’s value. High LTV mortgages, often over 85%, typically require a smaller deposit but carry higher risks for...
As a key worker providing vital services to the community, you may be eligible for exclusive mortgage schemes designed to support your home-buying aspirations. These schemes often offer favourable terms, such as lower interest rates or higher loan-to-value (LTV)...
Securing a mortgage can be challenging for those with non-standard employment, such as temporary or agency workers. However, with the right approach and by understanding how lenders assess such applications, it is certainly achievable. How Lenders View Temporary...
When assessing mortgage applications, lenders closely scrutinise your debt-to-income ratio. This metric calculates your monthly debt obligations as a percentage of your gross monthly income. It helps lenders evaluate whether you can comfortably afford the proposed...
Obtaining a mortgage as a foster carer can be a complex process, but with the right guidance and preparation, it is certainly achievable. This blog post aims to provide valuable insights into how fostering income is assessed, the role of specialist lenders, proving...
Declaring bankruptcy can have a significant impact on your credit score, making it challenging to secure a mortgage in the immediate aftermath. However, it is possible to rebuild your creditworthiness and obtain a mortgage after a period of time. Impact of Bankruptcy...
