Mortgage Doctor

10/04/2020

To all my clients here is a really good guide with all links to all lenders for Mortgage Holidays / Breaks etc.

please be advised it’s not advisable to take until and unless you can’t live without it. (It will not effect credit scores but MAY effect mortgage
ability) press link below.

With the changing situation, we've put together a guide on what different lenders are doing to help customers.

24/03/2020

The Bank of England has cut the base rate of interest to 0.1%. The drop from 0.25% is a further emergency move to shore up an economy shaken by the coronavirus pandemic.

This is the Lowest the Bank of England base rate has been in 325 years.

This is a ideal opportunity to fix your rate or to remortgage and take full advantage of the low rates currently available.

If anyone needs a chat regards to your mortgage then feel free to drop me a message and I will help as much as I can.

07/03/2020

Mortgage Doctor specialises in finding the right mortgage for our clients. We simplify the process so that mortgages become easy to understand, and we use our knowledge of the lenders to greatly increase the chances of your mortgage going through.
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If you're looking to make a move onto the property ladder or remortgage to a better rate then message us today.
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Are you looking to get a mortgage soon, or within the next few years ? If so it’s very important to check your credit file and make sure your credit file is in order before you do.
But here is 5 simple steps that you can follow to improve your credit rating.
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06/01/2019

Wishing all my clients a Happy New Year? I look forward to helping you all with your mortgages and walking you through the whole process.

Here is some advice for everyone Who wants to get them self’s mortgage ready for 2019.
When the time comes for you to buy for the first time, remortgage or take any finance there are certain things you can do to speed up the process.

• Loans/Car finances/Store cards
If you have any outstanding loans, it’s advisable to pay these off before you apply for your mortgage which will allow you to borrow extra funds or this will be taken into account when working out what your potential borrowing may be so avoid taking out any more loans in the meantime and keep on top of all your payments

• Pay all your bills on time
This can be anything from a phone bill, to general household utility bills. This will prove you’re a reliable individual and can financially manage yourself as if you cannot manage small household bills how will you manage a mortgage so it’s very important to keep these bills up to date.

• Electoral Roll
Something that effects your credit rating massively is to be registered on the voters roll so its the most effective thing to do, so register on the electoral roll.
• Regular Saving
If regular savings can be traced on your bank statements, this can be good for a number of reasons. Not only can it show where the money for your deposit has derived from but it can also prove to your lender that if you’re capable of saving money therefore can manage a mortgage payment.
• Consider your Credit Rating
Using a credit card responsibly can help improve your credit score, showing that you’re able to look after your own finances and pay off any outstanding debts within a certain timeframe. When a credit card or any finance has been fully paid off this improves your credit as it shows you have taken credit and fully paid it off which shows you are financially controlled as a individual. Or is important not to go to the top end of your credit limit on your credit card as the more available money on your credit is available again shows you are a controlled spender.

For any further advice please message me or inbox me I would only be happy to assist and help you.

Kam Lotay - Harding
07930191900

19/06/2018

When you come into work and get beautiful messages like this from your clients and with flowers. Thankyou so much for such a lovely message ❤️🏡😍

07/06/2018

11/09/2017

It's so beautiful when I come to work to be welcomed with flowers from my client with the most touching message ever...I am so pleased I was part of your journey in purchasing your first home...Thankyou Thankyou and Thankyou

08/09/2017

Your home should be a collection of what you love

01/02/2016

Stamp Duty Changes April 2016

Buy-to-let landlords are set to be hit with new costs from April 2016 when a controversial extra 3 per cent stamp duty charge is introduced.

The change, which aims to free up housing for buyers, will add thousands to buy-to-let property transactions.

Here we outline the major changes to look out for.

For example, anyone buying a £200,000 second home or buy to let before April pays stamp duty of £1,500.

This is based on paying zero per cent on the first £125,000 of the property value and 2 per cent on the portion between £125,001 and £250,000.

But from April, landlords will have to pay 3 per cent for the first £125,000 and 5 per cent instead of 2 per cent on the amount between £125,001 and £250,00.
This gives them a total bill of £7,500.

So a landlord would end up paying five times more than a private purchaser in this example.

It is not just landlords that will be hit but anyone owning a second home.

This could be parents buying a property for their children or a couple purchasing a home together where one is already a homeowner.

For any further questions please contact me directly