Did your mortgage survey value your property at zero? Let the initial shock pass and find out what zero value properties are. The implications might not be as dire as you think. Even with a nil valuation, you still have options at your disposal for getting a mortgage.
You could improve your finances if you pay off your mortgage quicker. Mortgage overpayments are possible at any point in the repayment schedule. However, you need to ensure you’re prepared financially for the overpayments and that you understand your mortgage terms.
Getting a mortgage involves a lot of paperwork, and going about it alone can seem daunting. A mortgage advisor can help, but you need to know what to look for to ensure you find the right advisor and mortgage deal.
Even though the UK government has continually promised an annual increase in new build properties, many remain sceptical. Consequently, UK property prices have remained relatively robust throughout recent financial challenges. When looking at a new build home, there are many specific issues to consider.
In our 50s, some of us start a new chapter by moving into a new build home, especially after our kids leave for their own lives. Considering moving into a new build can be exciting, but how long does it take to build after you reserve a property or make an offer?
While many people are hesitant to finance a new home, new builds can be attractive for many reasons for people over 50 years. They can offer a fresh new start and help update your surroundings as our needs change. Having a good understanding of the mortgage process can help us make the most of the opportunity.
While securing a mortgage for a second home when you’re over 50 is possible, there are several issues to consider. Income, assets and releasing equity are all essential elements that you can use to raise funds.
The property market continues to boil. The race for space has become a marathon. There is still a scramble to buy even a chicken coop to convert. The latest cry is ‘take to the boats!’
For most people, the investment in your home will be the most significant investment of your lifetime. Yet, while often caught up in the moment, some people fail to appreciate ways in which you can impact the value of your home without actually realising it. Check out these 14 ways you can devalue your home. Some of them will surprise you!
Historically, Spain has been a popular property investment market for UK investors, especially expats. Despite the concern and confusion surrounding Brexit, there are still numerous opportunities and ways UK investors can invest in Spanish property. Crowdfunding property sites now offer an array of exciting opportunities for relatively small investments as well as diversification.