Lenders begin stretching mortgage terms up to 40 years
Traditionally, mortgages would tend to last around 25 years, but the demand for longer deals has grown drastically. With people working and living longer, it comes as no surprise that there’s a higher demand for longer-term deals. Recent research has highlighted that 36% of first-time buyers now opt for a term 30 years and above […]
Is an Offset Mortgage right for me?
If you usually have a reasonable amount of cash sitting in a savings account earning a low interest rate but have an outstanding mortgage balance, then an Offset mortgage could be right for you! An Offset mortgage links your mortgage account to a savings account and offsets – hence the name- the balance of one […]
Brexit vs Mortgage Rates
Unsurprisingly, one of the questions we’ve been asked the most over the last few months is ‘What will happen to mortgage rates post-Brexit? Like everyone else, we can’t give definitive answers, but we can give you an idea of what we think is likely based on our years of experience as mortgage brokers and analysing […]