Can You Get a Mortgage if you Have Defaulted in the Past? If you have defaulted on a payment in the past, then you may be concerned as to whether or not you can get a mortgage. At the end of the day, if you have defaulted, then your mortgage chances will take a hit.…
Can you Still get a Mortgage if you’re on a Debt Management Plan? A debt management plan, or DMP is essentially an agreement that has been made between you and a creditor, to clear the debt that you owe. Most of the time, this type of plan is implemented when you have debt problems but…
Can you Use a Bridging Loan to Purchase a New Property? If you have never heard of a bridging loan, then you should know that it is a short-term borrow that essentially bridges the gap financially until your house sale goes through. They are most useful if you want to buy a property at auction…
Frinton Jubilee Street Party The Frinton Jubilee Street Party is taking place on Connaught Avenue in Frinton. It is a celebration of the Queen’s Jubilee, and it starts on Friday the 3rd of June. The event is going to run from 2pm to 6pm and it’s free to all. The Avenue is going to be…
Should you Remortgage your Home? What are the Benefits Remortgaging is when you make the decision to take out a new mortgage on a property that you own already. It may be that you choose to replace the mortgage that you have now, or that you choose to borrow money against another property. Around one-third…
Interest Rates are now the Highest They’ve Been in 13 Years Interest rates in the UK are now the highest they have been in 13 years. Inflation is set to hit 10% this year. The MPC voted in favour of the rise, winning by three votes. The Bank of England have raised the rates in…
Should you Think about Releasing Equity from your Home? Find Out Here If you were to release equity from your home, then you would do so while you are still living there. You can only release equity from your property if you are over the age of 55 and own your own home but are…
Right to Buy – Tendring Area The Right to Buy scheme will give council house tenants who are financially secure, the opportunity to buy the home that they are living in, at a discount. So how do you know if you are eligible? You could be eligible if you are a council tenant, or if…
What do you Need to Know About Remortgaging in 2022? Are you thinking about remortgaging your home? If you have a fixed rate and you know that your term is coming to an end, you will be then moved to a standard variable rate, which is usually much higher. Remortgaging gives you the chance to…
Everything you Need to Know about Mortgage Broker Fees If you want to find out more about mortgage broker fees, then you have come to the right place. A broker fee is charged by a mortgage broker to execute a transaction or to provide a service. Brokers will charge a fee based on the pricing…
