Once a month, the team at Prospect Tree Mortgages gather round the table in our conference room to discuss and inform one-another of breaking news and changes to lender criteria. In these discussions we touch upon all factors influencing the mortgage marketplace and invite every team member to join the conversation. For the first time, […]

Prospect Tree Mortgages help many people in the entertainment industry and other creative professions find a mortgage. We appreciate the varied nature of your work and the nature of your working hours. At Prospect Tree Mortgages we aim to make things as easy as possible. We will liaise with all professions involved in your transaction,

What is Happening with Ashford’s Property Market? Welcome to our latest blog post on the Ashford property market. As you may know, the property market is constantly evolving, with new trends and changes emerging all the time. That’s why we’ve created this regularly updated blog post to keep you informed about the latest developments in

Why do we need Green Mortgages? Housing in the United Kingdom is said to be responsible for 23% of the country’s total greenhouse gas emissions. Couple this with Government data which suggests 60% of homes in the UK are currently rated band D or worse for their energy efficiency and a bleak image emerges. Thankfully,

Prospect Tree Mortgages partner with Ecologi who are aiming to reduce half the world’s emissions by 2040. Who are Ecologi? As of February 2022, Ecologi members have planted over 33.1 million trees and reduced 1,288,251 tonnes of CO2. Ecologi are a fantastic brand who have made it easier than ever for businesses and individuals to

Bank of England increased the base rate to 0.5%

What is the scheme? The Government’s First Homes scheme in England allows first time buyers (FTB) to purchase a New Build property at a discounted purchase price under a Resale Price Covenant (RPC). The discount (which will be a minimum 30%) must be passed on if the property is sold in the future. How do

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 mortgage loan amount.  The first 3 steps are to check

According to one of the leading UK’s leading lenders, 2021 saw new buyers boost the housing market by a record rate. The rate in which house prices are growing is far surpassing the growth of incomes. The average price to earnings ratio for First-time Buyers in the UK is currently standing at 6.9 times average