Mortgage Propeller on Recent Mortgage Product Withdrawal
Our CEO Matt McAllister and Senior Ops Director Laura Gorman give some insight into the recent withdrawal of mortgage products across the industry. Find out what is going on and how these changes will affect your mortgage application, as well as the best steps to take forward.Read More
What do increasing mortgage rates mean to the average house owner?
If you are a homeowner or thinking about getting on the property ladder you’ll have heard about the rapid rise in interest rates which crept up during the pandemic. There is a buzz around the world of mortgages that is only getting louder, as both aspiring house buyers and existing ...Read More
What does the scrapping of the Mortgage Affordability test mean for first-time buyers
As of the 1st of August 2022, Bank of England have announced that they are scrapping the mortgage affordability test, which was designed to test whether house buyers would still be able to afford their property after an increase in interest rates or changed financial circumstances.Read More
Stamp Duty Changes you'll want to know about from July 2021
The stamp duty holiday has been a hot topic in the housing industry over the last year. Although the scheme was recently extended, changes are coming into play this July as we see the phasing out of the stamp duty holiday scheme begin.Read More
Stamp duty holiday help extended until September in today’s Budget announcement!
The Stamp Duty Holiday will finish at the end of June, with a fade-out scheme to run until the end of September. We've broken it down into what you'll pay during which months! Find out more...Read More
What does the new 5% deposit mortgage guarantee means for you?
It's official! Mr. Sunak has confirmed that the Government will guarantee loans to buyers (that's right, not only first-time buyers!) worth 95% of the purchase price on properties valued at up to £600,000! How will the new 95% Mortgage Guarantee Scheme work?Read More