The Question …. The Answer …. Hi Brad, Thank you for your question. We will try and provide a bit of background to our audience on IVA’s and what they are, before hopefully moving on to some things to consider when looking at trying to obtain your first mortgage. Buying

As property prices increase, young single buyers are being priced out of the market. With just their income to rely on, they know they are perfectly capable of keeping up mortgage repayments but lenders are unlikely to offer them anything close to the asking price of the properties that peak

Making the move from renter to home owner is a milestone that many people dream of reaching. There are a few common life events that prompt renters to start thinking about buying their first home. For many people, the hope of saving for a deposit is too difficult, so they

In 2014 the Financial Conduct Authority introduced new rules in an attempt to tighten up the mortgage market, to ensure that both lenders and borrowers could work together to create realistic individual lending. Known as the Mortgage Market Review, potential borrowers will have to undergo a three-hour interview touching on

The Question …. The Answer …. Hi Gemma, Obviously every first time buyer has a different financial and personal situation to the next. That is why it’s very important to speak with the experts. A mortgage broker or mortgage adviser will help you compare mortgage offers to identify a lender

The Question …. The Answer …. Hi Roman, Applying for a mortgage can be a daunting especially when you want to buy a property for the first time. First time buyers can often be thrown by the need to get on the property ladder as the average mortgage now taken

The Question …. The Answer …. Louisa, Thank you for the question. The answer to this is “Yes you can”. When purchasing a property with a friend, not all Mortgage Lenders will want to lend, but there are a few out there happy to supply the funds. The difference will

The Question …. The Answer …. Hi Keyley, The simple answer to this is “Yes you can”. Mum and Dad or even another relative can help you on to the property ladder A blood relative, so either parent or grandparent and sometimes a sibling can “Gift” a deposit. The Mortgage

The Question …. The Answer …. The general rule of thumb for a deposit when buying a property … Heidi, the general rule when buying a property, is the bigger the deposit the better – simply because you will get a lower interest rate and a greater range of mortgage

The Question …. The Answer …. Ben, when a lender assesses how much you can borrow, it takes a number of factors into consideration.  They will look to see if you are applying jointly with somebody else, or if the application is to be just in your own name and