Category: Tips & Advice
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Mortgages for Police officers
Mortgages for Police Officers Mortgages for Police Officers First Time Buyers Independent Mortgage Brokers Mortgages for Police officers Applying for a mortgage often feels like a long-drawn-out process. Finding the time to organise it around a 9 to 5 job can be difficult enough, but once you add the pressures on an active police officer […]
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UK mortgage holders could be overpaying by more than £2.1 Billion in interest each year.
UK mortgage holders could be overpaying by more than £2.1 billion in interest each year At Prospect Tree Mortgages, we have been speaking to a higher than usual number of customers who are looking to move their mortgage from the SVR (standard variable rate) to a fixed rate product. In such uncertain economic times, it […]
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Mortgage Calculators: Will they give me an accurate loan amount?
Mortgage calculators: Will they give me an accurate loan amount? Mortgage lenders such as NatWest, Nationwide & Halifax (to name a few), have useful mortgage calculators on their websites which are free for you to use. As an example, NatWest have a simple 8 step e-form which you can fill out to get an estimated […]
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Should I remortgage before my fixed rate ends?
Should I remortgage before my fixed rate ends? 02/12/2021 What the stats are saying… Bank of England figures show that 67,200 new homebuyer mortgages were approved during November 2021. A pale comparison to the record 104,547 recorded in the same period last year. On the other hand, the statistics for remortgages appear to be trending […]
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Income Protection – Why it is a must for renters
Income Protection – Why it is a must for renters Updated – 17/11/2021 What is income protection? Income protection insurance ensures that if you are unable to work due to an accident or illness, you will still be able to keep up with any monthly outgoings. In an ideal world, with rents being so high, […]
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How long should my mortgage be?
How long should my mortgage be? How long should my mortgage be? 27/09/2021 House prices increased a further 4.5% in the UK this June, now taking the average property price to £265,668. It is no surprise then that more and more buyers are starting to wonder, when and how am I going to be able […]
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The return of 95% loan to value (LTV) mortgages
The return of 95% loan to value (LTV) mortgages 10/03/2021 The return of the 5% loan to value mortgage product will be welcomed by the first time buyer sector who, up until now, have been limited by lenders minimum loan to value percentages ranging from 75% – 90%, depending on employment situations. As we have […]