Tax Calculations: What are they & why do we need them?
Understanding income can be complex if you are self-employed. In this blog, we talk you through what lenders expect in regards proving income – and...Read More
Doubling Ground Rent: Unpacking the problem for lenders
In the last decade, it’s become very apparent that many developers have been creating properties with ground rents that are more oppressive than were typical...Read More
Q&A – June Edition: Remortgaging Cash Purchases and the 6 month rule
You asked and AALTO answered. This time, we’re looking into two different queries pondering the remortgage of cash buys and how the 6 month rule works....Read More
De-mystifying Loan To Value
LTV is one of those acronyms that is thrown about so frequently by mortgage brokers that it can be very hard to remember that not...Read More
Things to Consider Before Seeing a Broker
So you’ve been saving obsessively for the past year and a half, or perhaps have just had a windfall, and now is the time to...Read More
A Day in the Life of a Mortgage Broker
Before the credit crunch, there was a relatively even split between the numbers of customers that sourced a mortgage via a broker and those that...Read More
Mortgage Down Valuations
A mortgage down valuation can be a frustrating element of any mortgage purchase or remortgage. Ultimately, the value of a property is the amount someone...Read More
The Trouble With London Rent to Mortgage Calculations
Anyone who has ever looked to invest in property in the capital has run into the problem of London rent to mortgage calculations. The soaring...Read More
Moving Bank Accounts?
If you are moving bank accounts to another provider, print off all of your statements as far back as you can go, or if possible, save them to your computer. Once you close the old account you will no longer have access to them. If you apply for a mortgage and statements are requested, acquiring them from the old bank could be expensive and slow, and could hold up your mortgage application.
Find Property Floor Area
Check the EPC (Energy Performance Certificate) if you want to find property floor area.
An EPC must be provided by law, and made available on request by an agent. In the title area, the surveyor will have recorded the total floor area of the property. Useful to check its not too small if it a studio, and to judge overall value.
Contractor Mortgages: A Tricky Business
Working as a contractor can be extremely lucrative but it can make acquiring a mortgage difficult.
GetAgent, An Estate Agent Comparison Site
I’m not one to disguise my distaste for the high street estate agency business. Having worked within it in the past, I have seen the...Read More
Why Do We Still Rely So Heavily on Estate Agents?
Most of my clients are cautious and considered when it comes to money. Many are buying a property with the aim of bettering their overall...Read More
Why the New Stamp Duty Rules Are Great For Borrowers
On Thursday 4th December, the new Stamp Duty rules were announced and there has already been a lot said on the topic. Some have chosen...Read More
Beware the Curse of Associated Credit
A mortgage client is declined because of their partners associated credit.
Santander Gives with One Hand and Takes with Another
Due to all the recent news about lenders increasing their scrutiny over mortgage affordability, brokers have to be extra careful about how they calculate the...Read More
Why you should see your mortgage broker BEFORE you think about selling.
Why see a mortgage broker early in the process? They say moving house is one of the most stressful times in a person’s life. The...Read More
Scaremongering in the News
There has been plenty of scaremongering in the news over the past few weeks regarding the new changes to mortgage assessment. As a nation that...Read More