Mortgages for London

Mortgages for London - Fee-free mortgage advice
- Completely digital
- Available at a time that suits you
- Advanced technology
- Access to over 100 lenders

A homeowner would typically borrow the equivalent amount that is outstanding on their current loan for a remortgage if y...
11/03/2022

A homeowner would typically borrow the equivalent amount that is outstanding on their current loan for a remortgage if you are switching to a new rate, but they may borrow more if using the product to release cash. How much you can borrow will depend upon numerous factors such as current loan to value, your income or outstanding debts. To understand how much you could borrow please get in touch and we will be able to discuss your options thoroughly.

Looking to remortgage? Call us today to discover your best remortgage rate.

*Your home may be repossessed if you do not keep up repayments on your mortgage.

London room searches are up a staggering 98%, while the hunt for homes in Cornwall is down by more than half compared to...
10/03/2022

London room searches are up a staggering 98%, while the hunt for homes in Cornwall is down by more than half compared to last year.

Searches for “shared ownership London” is also 48% higher.

“houses for sale in Cornwall” are down 46% and “houses for sale in Devon” 37% lower, according to data from specialist analysts MediaVision.

London rents fell and property prices flatlined during the pandemic when thousands of residents decided to move out in a “race for space”. However, as offices have reopened interest in city living has revived strongly, particularly for flats. The data suggests that many in the South-East are keen to move closer to the office now that working from home is no longer required.

Do you prefer city living or countryside? Let us know in the comments below.

If you are staying with your current lender, you will not need a solicitor or conveyancer. The only time you will need o...
09/03/2022

If you are staying with your current lender, you will not need a solicitor or conveyancer. The only time you will need one is if you change your mortgage provider. This is because title deeds will change from one lender to another.

Solicitors will carry out all the legal work involved in remortgaging such as:

1. verifying identity
2. checking title deeds with the land registry
3. completing anti money laundering checks
4. bankruptcy search
5. requesting local authority searches
6. checking the new mortgage offer and the sum due
7. receiving and distributing the funds

The typical cost of a solicitor’s fees when remortgaging is around £300-£1000. We can find you the most competitively priced solicitor for your circumstances. Everyone we recommend has a proven track record of service.

Looking to remortgage? Call us today to discover your best remortgage rate.

*Your home may be repossessed if you do not keep up repayments on your mortgage.

The London areas where house prices have risen most...New data exclusive to H&P reveals that some of the priciest parts ...
07/03/2022

The London areas where house prices have risen most...

New data exclusive to H&P reveals that some of the priciest parts of the capital have got even more expensive over the past two years.

The cost of a house in Islington has risen by £120,000 since the first Covid-19 lockdown in March 2020. Taking the average house price to £771,374.

Neighbouring Camden was the second highest climber with a rise of 13.4% to £961,390.

Richmond came third. Values in the affluent Zone 4 London village jumped by £100,150 to £758,967. (according to analysis from the property platform Twindig).

Hammersmith and Fulham, and Haringey completed the top five.

*Your home may be repossessed if you do not keep up repayments on your mortgage. Source of info - Evening Standard.Source: Twindig and Land Registry.

Yes, you can. Legally, there's no reason why you can't leave your fixed-rate mortgage early and move it to another lende...
07/03/2022

Yes, you can. Legally, there's no reason why you can't leave your fixed-rate mortgage early and move it to another lender. Whether you should is another question entirely. You will most likely need to pay an early repayment charge and exit fee if you decide to switch the mortgage before the fixed rate ends.

Looking to remortgage? Call us today to discover your best remortgage rate.

*Your home may be repossessed if you do not keep up repayments on your mortgage.

Next month is the best time to sell a property, analysis published by Rightmove shows.Discounting the market closure in ...
19/02/2022

Next month is the best time to sell a property, analysis published by Rightmove shows.

Discounting the market closure in early 2020, the firm says that over the last five years, March has seen the highest number of enquiries per property on sale, despite new listings also peaking in March.

And this year is no different, Rightmove says that, on an annual basis, new listings over the last three weeks are up 11%, buyer demand over the last three weeks is up 32%, and home valuation requests since the start of the year have risen 27%.

The ‘race for space’ continues as searches for gardens are up 70% over the last two years 🌳🌻.

April is the next-strongest month, followed by May.

*Your home may be repossessed if you do not keep up repayments on your mortgage. Source of info - Mortgage Strategy.

January saw a sharp increase in the number of properties coming onto the market, says Propertymark.It says that the numb...
17/02/2022

January saw a sharp increase in the number of properties coming onto the market, says Propertymark.

It says that the number of new instructions per member estate agency branch rose from five in December 2021 to nine at the start of this year. This is an 80% increase after three months of sequential decline.

However, registrations by house hunters per branch also rose by an average of 100, so demand is still high. The Propertymark report adds that 37% of properties sold above asking price in January compared to 25% in December 2021. Compared to January 2020 where just 9% of properties sold above asking price.

*Your home may be repossessed if you do not keep up repayments on your mortgage. Source of info - Mortgage Strategy

Yes, it is possible to remortgage with the same lender and this is known as a product transfer. Alternatively, you could...
12/02/2022

Yes, it is possible to remortgage with the same lender and this is known as a product transfer. Alternatively, you could get a further advance which would usually be at a different rate to your current mortgage and this may be quicker than re-mortgaging.

Looking to remortgage? Call us today to discover your best remortgage rate.

*Your home may be repossessed if you do not keep up repayments on your mortgage.

Yes, you can however there is something that you need to be aware of before proceeding with this as a plan. You will pro...
10/02/2022

Yes, you can however there is something that you need to be aware of before proceeding with this as a plan. You will probably end up paying more interest even though you rate may be lower because you will be paying off the debt over a longer-term. It is potentially viable if you are struggling to clear the debt.

Looking to remortgage? Call us today to discover your best remortgage rate.

*Your home may be repossessed if you do not keep up repayments on your mortgage.

Yes, you can remortgage for home improvements. As an example, if you currently owe £400,000 on your mortgage and you wan...
08/02/2022

Yes, you can remortgage for home improvements. As an example, if you currently owe £400,000 on your mortgage and you want to borrow £80,000 for an extension you may find a lender willing to offer you £480,000.

Looking to remortgage? Call us today to discover your best remortgage rate.

*Your home may be repossessed if you do not keep up repayments on your mortgage.

Sustainable borrowing is of growing importance and 2022 could be a breakthrough year for green mortgages. 🌍💚Green mortga...
07/02/2022

Sustainable borrowing is of growing importance and 2022 could be a breakthrough year for green mortgages. 🌍💚

Green mortgages usually offer cheaper rates when you buy a property that offers high energy-efficiency (for example with an A or B Energy Performance Certificate rating).

These types of mortgages are useful for people buying new-build homes, but not so much for those buying older, less well-insulated properties. With that in mind, some lenders have launched mortgages that offer cheaper rates or cashback when the borrower makes energy-efficient improvements to their home.

All in all, the green mortgage market is still relatively small, but we expect to see it grow significantly in 2022.

📸Photo Credit 👏

*Your home may be repossessed if you do not keep up repayments on your mortgage. Source: Which

Lenders will only lend you a percentage of the property value. Because of this you may not need a deposit as you may hav...
06/02/2022

Lenders will only lend you a percentage of the property value. Because of this you may not need a deposit as you may have enough equity in the property. We can help you calculate how much you can borrow although the first step would be to get a valuation on your property.

Looking to remortgage? Call us today to discover your best remortgage rate.

*Your home may be repossessed if you do not keep up repayments on your mortgage.

Address

London

Opening Hours

Monday 8:30am - 6pm
Tuesday 8:30am - 6pm
Wednesday 8:30am - 6pm
Thursday 8:30am - 6pm
Friday 8:30am - 6pm
Saturday 8:30am - 6pm

Telephone

+442034886300

Website

Alerts

Be the first to know and let us send you an email when Mortgages for London posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Mortgages for London:

Shortcuts

Share

Category