Mortgages

mortgages

How to... get a mortgage when you're self employed

Getting a mortgage when you're self-employed in the UK, is notoriously difficult. However, it isn't impossible and there are ways of getting your hands on some deeds, according to the financial regulator, the Financial Conduct Authority. A report from the FCA says: "We did not find evidence that the rules have prevented firms lending responsibly…

Students leave rented houses in a total state shocker

Students are not known for their cleanliness. Rather, they’re known for trying to build a rocket out of lager cans and pizza boxes, making beds out of palettes and living in the kind of squalor that would offend most rats and slugs. So it’s with a feeling of intense familiarity that we survey these pictures,…

Ofgem's advise tenants to switch energy suppliers

Good news for tenants! Ofgem are advising people in rented accommodation to switch energy suppliers - and make a potential saving of £190. Ofgem, like some nice dad who sorts out all your mundane tasks, has published guidelines for tenants on switching their energy suppliers. According to a survey they commissioned, 77% of tenants have…

£1 houses for sale – damp and rats included

Ever thought of moving to Stoke on Trent? (Thought not). Well, now, you can score yourself a derelict terraced house in the land of pottery for just £1. 35 2 bedroom houses in the Cobridge area of the city are being sold off by the local council for the price of a white sliced loaf,…

Halifax and RBS-Natwest unveil nasty little interest rate rises

In a move that will cost some of us even more money that we probably don’t have, the Halifax and RBS-Natwest have announced mortgage rate rises despite the fact that the Bank of England base rate hasn’t moved above 0.5% for almost three years. Two RBS-Natwest mortgage products, the Offset and One Account are set…

Don't lie on your mortgage application. The taxman will get you too.

Remember the good old days when a self-certification mortgage meant you could make up whatever numbers you needed to get your mortgage? No payslips required, and favoured by the self-employed, this type of mortgage was the most frowned upon when the sub-prime accusations were flying back in 2008. But never fear, lenders are now claiming…