Month: June 2023

What is interest rate vs APR on a mortgage?

June 23, 2023

When you’re looking for a mortgage, it’s important to understand the various terms and factors that affect the total cost of your loan. One of the most significant factors to consider is the interest rate and the annual percentage rate (APR). In this article, we answer the commonly asked question, what is interest rate vs APR on a mortgage?

Is now a good time to remortgage?

June 16, 2023

Interest rates have been in turmoil over the past few months due to the continued uncertainty surrounding the economic climate. The Bank of England raised interest rates for the 11th time in a row in March, resulting in borrowing being even more expensive. Despite all of this, mortgage rates have been decreasing. So, is now a good time to remortgage?

Can a Newly Qualified Nurse Get a Mortgage?

June 9, 2023

The question of whether a newly qualified nurse can get a mortgage in the UK is a valid concern, especially for those just starting out in their careers. The answer to this question is not a simple one, as there are several factors that come into play when applying for a mortgage. In this article, we will explore the various factors that determine can a newly qualified nurse get a mortgage in the UK.

Does it Cost to Remortgage?

June 2, 2023

Remortgaging is a process of switching from an existing mortgage to a new one, usually with a different lender or product. It is a common practice in the UK, where homeowners aim to save money on their mortgage payments or access better terms and conditions. However, many people wonder does it cost to remortgage and whether it is worth the effort. In this article, we will explore the costs of remortgaging and explain the factors to consider when deciding whether to remortgage or not.