As a landlord, setting the perfect rental price for your property can often feel like a high-wire act. Set it too high, and you risk alienating potential tenants; too low, and your profits take a hit. But fear not, here's a guide to help you find that sweet spot. Understanding Your Local Market Your first step is to get a firm grasp of the rental landscape in your area. Prices can vary significantly...
Finding Your Perfect Home: A Comprehensive Guide Embarking on the journey to find your perfect home can be a thrilling adventure filled with anticipation and excitement. It's not just about the bricks and mortar, but the lifestyle that comes with it. The ideal location can significantly enhance your daily life, offering convenience, comfort, and a sense of community. Understanding your lifestyle needs is...
Maximise Your Home's Appeal: The Ultimate Viewing Prep Guide Selling your home can be a thrilling yet daunting experience. One of the most crucial steps in this process is preparing your home for viewings. The goal is to make your property as appealing as possible to potential buyers, allowing them to envision themselves living there. Here's how to do it: 1. Picture Perfect: Before a potential buyer...
Booth Museum in Brighton unveils its first new diorama in almost a century, celebrating city wildlife amidst climate change.
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Finding a mortgage
Buying a house is a massive investment and getting it just slightly wrong can be costly. Unless you have big savings, chances are you’re going to have to get a mortgage. It’s a loan secured against the property which means if you can’t meet the repayments the lender may repossess your home and sell it to get their money back.
The better you understand mortgages and everything to do with them, the better armed you will be to get the very best deal. With MMR in place, you’ll need to review your finances themselves before approaching possible lenders to see whether you can afford the monthly payments now and if interest rates go up, which they will…
What is MMR?
When it comes to finding a mortgage you have several options: mortgage brokers, individual banks or searching online. Again, it’s important to do your research. Searching online first, gives you a good idea of what’s available, but an independent mortgage broker can provide a more in-depth search and help you through the process. Being independent holds great value as they are not bias to any particular lenders or deals, they will give you their honest opinion and take away the stress of working your way through the mortgage market, they work for you to find you the best package to suit your requirements.
For more information on the current mortgage rules and deals, contact your local branch today to arrange an appointment.
View your future home or get your instant valuation using the latest video calling technology and the expertise of our agents. Don’t delay the deal: get an accurate and fast valuation done today.
