Tailored Money

10/04/2019

Today’s Top Question:

Q. Can I remortgage with a history of late payments, or previous missed mortgage payments?

Find out on the blog:

One of the most common questions that we are asked here at Tailored Money by our clients is, “can I get a Mortgage with late payments on my credit report”. Unfortunately, many lenders are not sympathetic to “the odd” missed payment, and can decline creditworthy applicants due to recent misse...

06/03/2019

If you have no credit history, you might be thinking that you are ineligible for a Mortgage, right? Wrong!

Today on the blog, we discuss how to get a mortgage with no credit history:

The first step that is taken by many Mortgage Lenders is to review your credit score and credit history. The traditional methods of doing this is involve credit cards or a current mortgage. However, having a nontraditional credit history makes it much more difficult to establish where the credit sta...

05/02/2019

The application process of getting a mortgage can be difficult to navigate, but it can be even more daunting for those who are self-employed.

Today on the blog, we give our best tips to improve your chances of being approved for a self-employed mortgage:

Working for yourself is extremely rewarding but it’s also hard work and when the time comes to get onto the property ladder it can also be tough finding the right mortgage for you. The application process of getting a mortgage can be difficult to navigate, but it can be an even more daunting for t...

01/02/2019

Encouraging news for the mortgage market this week, despite the uncertainty surrounding Brexit.

Activity in the mortgage market remained largely stable in the final month of 2018 despite uncertainty surrounding the impact of Brexit on potential homebuyers

14/01/2019

BBC News reports that around 140,000 homeowners in the UK are trapped on high interest-rate home loans with unregulated or inactive firms, and are unable to switch to a cheaper deal.

The Financial Conduct Authority has now said it is considering a change to its affordability checks which could allow these people to switch to deals that are easier to pay.

Read more here:

Some 140,000 homeowners are trapped on loans with high interest rates. New proposals could help them.

17/12/2018

Today on the blog, we answer your questions and break down exactly what a bridging loan is, what it can be used for and how it works:

Bridging finance was once a specialist product only offered by a handful of lenders, however the improved economic climate has led to bridging loans becoming more readily available and therefore an increasingly popular way to access funds quickly. Bridging loans, also known as bridging finance still...

30/10/2018

The final Budget before the UK leaves the EU has been announced and there are lots of measures that will affect the money in your pocket.

Here is what it means for you:

Workers will take home more of their pay than many would have expected - one of numerous measures that affect your finances.

09/10/2018

Our industry is terrible for jargon and many of the terms you hear being used are actually one in the same thing.

One of the most common questions we get asked is: what is a second charge mortgage?

Hopefully our simple guide clears things up a bit!

11/09/2018

This podcast digs into the world of buying a home with a small deposit mortgage, busting the myths and considering the benefits and the risks:

High house prices mean that the biggest barrier to buying a home in Britain is raising a deposit. With mortgage interest rates at near record low levels, many would-be homeowners could afford mont...

28/08/2018

If you’re feeling overwhelmed with trying to juggle several payments to different lenders on different dates each month, all with different interest rates, then a debt consolidation loan could be a good option for you to consider.

Today on the blog, we look at what debt consolidation is, how it works and what options may be available to you:

If you’re feeling overwhelmed with trying to juggle several payments to different lenders on different dates each month, all with different interest rates, then a debt consolidation loan could be a good option for you to consider. In this article, we will look at what debt consolidation is, how it...

14/08/2018

We are frequently asked about how a poor credit history can affect your chances of successfully remortgaging.

This practical guide is a helpful starting point.

Read here:

We understand that taking on a remortgage with bad credit can be daunting thought; however it does provide a great opportunity to build your credit history.

27/07/2018

Today on the blog we offer some practical advice and tips on getting a loan with bad credit:

If you have a less than perfect credit rating, you might be worried that this will have an impact on your ability to take out a loan, and, as you embark on your search, you are probably finding out that to some extent you are right. But don’t panic, you are not alone. Latest research