How does overpaying on my mortgage affect the overall cost?
November 09 2023
Overpaying on your mortgage can reduce the overall cost and shorten the term of your loan. It lowers the outstanding…
What’s the process of re-mortgaging, and when should I consider it?
November 09 2023
Re-mortgaging involves switching your current mortgage to a new one with different terms or a lower interest rate. You should…
What’s the difference between fixed-rate and variable-rate mortgages?
November 09 2023
A fixed-rate mortgage has a set interest rate for a fixed period, providing predictable monthly payments. A variable-rate mortgage, also…
How can I improve my chances of getting approved for a mortgage?
November 09 2023
To increase your chances of mortgage approval, maintain a good credit score, save for a deposit, show stable income, reduce…
What factors influence mortgage interest rates?
November 09 2023
Mortgage interest rates are influenced by various factors, including the Bank of England base rate, economic conditions, inflation, lender competition,…