Essentially Mortgages – Quarter Three 2018

With mixed signals coming from the housing sector, and signs of a slowdown evident particularly in the London area, knowing how to read and react to property market conditions can help you achieve your property goals.

In the last few years, many middle-aged workers have found themselves unable to afford to get onto the housing ladder, or are renting as a result of a relationship breakdown.

A fixed-rate deal means that the interest rate and your monthly mortgage repayment remains unchanged for an agreed number of years. If the fixed-rate period on your mortgage is about to end, this is when taking professional advice will help you make the right choice for your circumstances.

Interest-only mortgage holders only pay the interest on the loan each month and don’t repay any of the capital.

Here are the steps that you’ll need to take to remortgage your home. If it all seems daunting, don’t worry we can help you navigate your way through the process.

It’s been widely recognised for some time that we’re experiencing a chronic housing shortage that’s driving up prices and causing problems for buyers and sellers on every rung of the ladder.