General Mortgage Questions

Why buy instead of rent?
There are still good reasons to buy instead of rent...even if the market can seem a bit unstable at times. A major reason for owning your own property is ...
Thu, 18 Feb, 2021 at 10:51 PM
How Dashly works
Dashly is a mortgage platform that constantly scours the market to see if you could save money by switching, no matter how long is left on your current deal...
Fri, 18 Dec, 2020 at 3:05 PM
Tracker rate mortgages
A tracker rate home mortgage is a type of mortgage rate that bases its interest charges on a publicly available rate, such as the Bank of England base rate....
Wed, 12 Aug, 2020 at 3:58 PM
Fixed rate mortgages
A fixed mortgage is a property loan on which a homeowner pays the same amount every month - for the lifetime of the loan. This is usually for a loan with a ...
Wed, 12 Aug, 2020 at 3:57 PM
Residential vs Buy-To-Let mortgages
A residential mortgage is a mortgage for a property in which you intend to live. Usually, you will have a lower deposit and higher monthly payment. You are ...
Wed, 12 Aug, 2020 at 3:58 PM
Source of deposit
The source of deposit can be anything from the funds received from a previous property sale to a monetary gift. These funds should be in a special account d...
Wed, 12 Aug, 2020 at 3:57 PM
Variable rate mortgages
A variable rate mortgage loan is one that changes from time to time according to the lender's discretion and market interest rates. Lenders cannot chan...
Wed, 12 Aug, 2020 at 3:58 PM
I'm no longer able to afford my mortgage repayments
If you haven't yet missed a mortgage payment, contact your mortgage broker immediately and notify them of your financial situation, they will be able t...
Wed, 12 Aug, 2020 at 3:58 PM
What is APR?
An Annual Percentage Rate (APR) is the annual rate charged by your lender on borrowed monies. An APR is shown as a percentage and represents the actual year...
Wed, 12 Aug, 2020 at 3:57 PM
What is a mortgage?
A mortgage is a legal agreement between yourself and the lender to borrow a specific amount of money necessary to buy your property.  These loans have a rep...
Wed, 12 Aug, 2020 at 3:58 PM