Gifted deposits: How do they work?
So, you’re looking to buy your first property. You’ve been renting for a few years now and you haven’t been able to put enough money aside for a deposit. You’re frustrated because you know that most monthly mortgage payments seldom differ greatly to the current monthly rent payment you’ve been making for years but without […]
Shared Ownership: what do you need to know?
There are many government schemes designed to make buying a home more accessible for people who would otherwise struggle to generate a deposit. There are plenty of options to suit your individual situation. Shared Ownership is another one of these schemes which has grown in popularity in recent years, but what do you need to […]
Protect yourself and your loved ones
You don’t need protection, do you? 🤔 You’re still young, you’ve never had any drastic health concerns and you don’t even smoke – why would you bother putting money aside each month for something so overwhelmingly unlikely? 🤔 Well, your optimism may be misplaced. 😰 The odds of you needing some form of cover during […]
Loan to Income vs Loan to Value: What does it all mean?
Loan to income and loan to value (or LTV) are phrases you often hear in the mortgage industry… 😯 The two terms are easy to mix up, understandably, but they are very different. It’s important to know the difference because both loan to income and loan to value are key factors used to determine how […]
Critical Illness Cover vs Income Protection: Do you need both?
Critical illness cover and income protection are often confused, with many people assuming if they have one, they don’t need the other. However, these policies and the cover they provide do offer different benefits, so let us explain the difference, and why it’s often worth having both. What is critical illness cover? Critical illness cover […]
What is ‘specialist lending’?
Specialist lending is a phrase you might hear batted about by mortgage advisers, but what does it mean? And if someone’s suggested it as an option for you, you might be wondering if it’s a bad thing. Well, here is our guide to everything specialist lending… Lending is generally split into high-street or specialist, so […]
What does Home Insurance cover?
Home insurance is used to describe buildings and contents insurance. Buildings insurance is a requirement with a mortgage and is designed to pay for rebuilding the property should the structure be damaged. Contents insurance is optional but very useful, as it covers what’s inside your home… 🏠 Leaks and floods. This is both the most […]
Mortgage Broker Southend-on-Sea PART 2
In this edition of The Mortgage Mum Podcast, Sarah talks about why she became a Mortgage Broker. The Mortgage Mum now has a team of 20 brokers, and an upcoming mortgage recruitment day is set to expand the company even further. Turning disappointment into opportunity It was a Friday in 2015, I was working in […]
Mortgage Broker Southend-on-Sea PART 1
An Introduction To Mortgage Brokers! In this episode of The Mortgage Mum Podcast, Sarah explores the role of a Mortgage Broker. What is the role of a Mortgage Broker? We’re here as the middle woman (in our case) between you, as the client, and the banks, otherwise known as the mortgage lenders. A Mortgage Broker […]
Bridging Finance – The Basics
Bridging Finance can have a bit of a bad reputation. People tend to think it’s really expensive, that you only use it for one thing, that it’s all about speed and that it’s an absolute last resort. So this episode is going to give you some real knowledge and help you understand exactly what it […]