Remortgage vs Product Transfer – What’s the difference?
With the current low interest rates, a remortgage or a product transfer may be attractive options for your existing mortgage. I can arrange both of these options for you, but you may be asking yourself – what’s the difference? A Remortgage is when you decide to either borrow a different amount, or decide to switch […]
Government Green Homes Grant scheme explained
While the stamp duty holiday and ‘Eat out to help out’ scheme stole the headlines in Chancellor Rishi Sunak’s Summer Economic Update in early July, an overlooked incentive was the Green Homes Grant scheme, where homeowners and landlords will be able to apply for vouchers towards the cost of energy-saving improvements to their properties. Under […]
How to get a mortgage if you’re self employed
If you are a self employed business owner wondering how to get a mortgage and whether it’s possible, then let us help you! Most of us here at The Mortgage Mum are self employed, so we KNOW what we are talking about when it comes to getting you a mortgage. We help a lot of […]
‘Help to Buy’ build deadline extended
PLEASE NOTE – Applications for Help to Buy were to be submitted by 31st October 2022, and is no longer available to new applicants. The deadline for building work under the current Help to Buy scheme will be extended from December 2020 to February 2021. The extension allows an additional two months to complete properties […]
Get Income Protection Because Nothing Can be Predicted!
No-one could have predicted the first half of 2020 and what it would bring, so the notion that you could have been completely prepared for what was to come is difficult to comprehend. I’m guessing that if you could travel back in time and put more insurance policies in place you more than likely would […]
Can You use Maintenance and Benefits as Income for your Mortgage?
Can you use maintenance as income for your mortgage? The answer is yes. Does it always have to be court-ordered? No. It does have to be on your bank statements. We have to ideally see that being paid over a three to six month period and it needs to be the same amount going in […]
Are you divorcing or separating?
Divorce and separation can be an incredibly tough time, sometimes change is inevitable for some households. We have noticed an increase in enquiries recently and so I wanted to put together a video for those of you who may feel the world is on your shoulders enough already and the thought of dealing with the mortgage and […]
Standard Variable Rate and Why You Shouldn’t Be On One
Three words we do not like to hear in the same sentence – standard variable rate. We do not want you on this rate and in this video below we explain why (mainly because it is often the highest rate you are automatically put on after the end of your term). A tracker rate is likely going […]
How much paperwork do we need to get you a mortgage?
How much paperwork do we need to get you a mortgage? So many of our initial calls with customers pose thoughts such as “I may just use my current lender because I cannot be bothered with all the paperwork.” It really is not as bad as you think! Here at The Mortgage Mum we have […]
Tracker Rate Mortgages And Why They Might Be For You
Tracker rate mortgages are a big talking point at the moment because of the Bank of England base rate being so low. A tracker rate is as it sounds, it tracks the Bank of England base rates. Many people recently have benefited from being on a tracker rate but it’s not for everybody due to […]