A Mortgage Now Guides
Helpful mortgage guides, updates and information from A Mortgage Now.
What is porting a mortgage? Porting a mortgage is one of the areas where we find borrowers get most confused. Porting is a feature offered by most mainstream lenders on residential products and by many lenders on buy-to-let products. When you are porting a mortgage, […]
You can remortgage to pay off your Help to Buy Equity Loan You can buy out half the equity loan, or all of the equity loan, and you can do it with a standard mortgage product. Remember, your equity loan buyback cost is based on […]
What is Standard Variable Rate? Standard Variable Rate, sometimes called a ‘revert rate’ or ‘reversion rate’, is the interest rate that your mortgage lender moves your mortgage to when your introductory offer ends. For example, a borrower who took a two-year fixed rate will see […]
Yes, there are 6 times salary mortgage lenders on our panel. What you will need To obtain a 6 x salary mortgage you will need: Clean credit record Household income (pre-tax) of £100,000 or more Professional status (Actuary, Barrister, Accountant, Pilot, Dentist, Doctor, Solicitor) Minimum […]
We recently took a call from an enquirer that got the A Mortgage Now team thinking about common misconceptions around getting a mortgage with a limited company. We find ourselves often explaining to clients exactly what lenders are looking for when considering applications from directors […]
Tax Calculations and Tax Year Overviews, proving self-employed income To prove your income for a mortgage application as a self-employed person you will require: Tax Calculations covering the requested tax years* Tax Year Overviews to accompany each tax calculation *typically the last 2 or 3 […]
Has your Birmingham Midshires (BM Solutions) mortgage account number changed? If you are a BM Solutions mortgage customer you will have recently received correspondence from Birmingham Midshires advising you of your new mortgage account number. Your new BM Solutions mortgage account number will start with […]
Mortgages and options for valuing your property When you purchase a property using a mortgage, the lender will want to ensure that the property is suitable security for the loan. Equally, as the purchaser, you will want to ensure that the property is worth what […]
Problems accepting your new Santander Mortgage Rate online? Clients can find the Santander online mortgage acceptance process confusing. When you select a new mortgage rate, Santander emails you with a link to a web page where you can view your new mortgage offer and accept […]
Mortgages for Company Directors Mortgages for Company Directors can be raised based on your PAYE or Dividend Income, and also on Retained Profit. Specialist mortgage brokers can assist where trading history is minimal, profit has fluctuated, or the trading situation is particularly complex. We can […]
TransUnion (Credit Karma) – can offer you access to your Statutory Credit Report online for free in less than five minutes. Download credit report How to download your TransUnion Credit Report Watch our short overview of to download your TransUnion credit report.
Experian will provide a copy of your credit report under its statutory obligations for a cost of £2. This means that to obtain your Experian credit report you do not need to sign up for an account on any subscription basis, free or otherwise. Below […]
