17/10/2022 – Property Insider Negotiating with Estate Agents: a mortgage brokers advice Buying a property in 2022 can feel like an uphill battle, even before you have viewed your first property. The reality is, there are far less properties available than there are people looking to buy them. If priced correctly, properties coming to the …
Hospitality Industry Mortgages Working in the hospitality industry can be a fulfilling and exciting career, but it can also come with its own set of challenges when it comes to securing a mortgage. One of the biggest obstacles that those in the hospitality industry face is the lack of consistent income and the prevalence of …
A step-by-step guide to remortgaging a property in the United Kingdom 1. Your current deal is about to end I most cases, you will have taken a mortgage product with an introductory rate which will last between 2 and 5 years. Your current lender will write to you prior to this end date and explain …
Should you be considering 5-year fixed rate mortgage? As mortgage brokers we are always looking to make the best recommendations for our clients. During periods of economic uncertainty such as this, it is crucial to look further forward than usual and provide a failsafe in case the situation devolves into something far uglier. The UK …
Should you be considering a 5-year fixed rate mortgage? Read More »
Here are some tips to help your New Build purchase and mortgage application run more smoothly. For expert advice, contact a Prospect Tree Mortgages expert today Obtaining a Mortgage for a New Build Property: A Guide Of course, any future planning is an opportunity for uncertainty to come knocking. We are quickly reminded that our …
Mortgages for CIS contractors Are you self-employed in the construction industry? This could make your mortgage application a whole lot easier! What is CIS? The Construction Industry Scheme (CIS) gives subcontractors the ability to present their earnings as pre-tax gross income, rather than final post-tax profit. This helps self-employed individuals obtain mortgages as their pre-tax …
The entire team at Prospect Tree Mortgages would like to say a huge thank you to our wonderful customers. Because of you, we have now been able to plant 300 trees around the world. Prospect Tree Mortgages are just one of many companies who have joined Ecologi to help combat climate change. Ecologi offers a …
Bank of England raises Base Rate to 13 year high 5th May 2022 The Bank of England has increased it’s base rate from 0.75% to 1%. We look at the impact this could have on mortgage borrowers in the UK As expected, the Bank of England has increased the ‘Bank Rate’ by 0.25% to 1%. …
