Does being a Director affect my credit rating?
Being a company director may only negatively impact your credit rating if you’ve liquidated one / multiple companies and it’s had a knock-on effect on your personal disposable income. Other than this, there shouldn’t be a negative effect on [...]
How Can I Get a Mortgage with Bad Credit?
Bad Credit mortgages used to be nearly impossible to obtain. Nowadays, there’s a wide variety of lenders specialising in bad credit mortgages, meaning that you could still get a mortgage even if you have bad credit and have missed [...]
What Is A Help To Buy Mortgage?
Help to Buy is a government scheme designed to give first-time buyers a helping hand, or to assist home movers with limited equity. Under Help to Buy, you only need to provide 5% of a home’s value as a [...]
How Do I Get A Buy To Let Mortgage?
Buy-to-let (BTL) mortgages are for landlords who want to buy property to rent out. The rules around buy-to-let mortgages are similar to those around regular mortgages, but there are some key differences. Who can get a buy-to-let mortgage? [...]
Why and When should I Remortgage?
A remortgage is where you take out a new mortgage on a property you already own - either to replace your existing mortgage, or perhaps to borrow money against your property. Around a third of all home loans made [...]
Remortgages – an FAQ guide.
When should I remortgage? You could consider remortgaging under the following circumstances, however you should always talk to us before taking any actions so that you get the best advice for your circumstances. Your current deal is about to [...]
Mortgage FAQs – part two.
We asked our highly trained team of mortgage advisers for some of their favourite or frequently asked questions on mortgages, and collated them all together into a handy series of articles for you to read! READ MORE: Mortgage FAQ [...]
Fixed vs Variable vs Tracker Mortgages
Fixed rate mortgages As the interest rate is set, a fixed rate mortgage guarantees you pay the same amount for a predetermined period of time, varying in length from mortgages companies, anything from 1 year upwards may be on [...]
Mortgage FAQs
We asked our highly trained team of mortgage advisers for some of their favourite or frequently asked questions on mortgages, and collated them all together into a handy series of articles for you to read! What is a [...]
Help to Buy Mortgages – FAQs
Can I use Help to Buy on an old house? Since April 2013, first-time buyers of new build properties have only needed a deposit of 5% in order to get a mortgage for up to 75% of the property's [...]
What counts as income towards a mortgage?
An important part of any mortgage application is the affordability check - where the provider decides how much you can afford to borrow, and therefore what size mortgage you'll be offered. To get an accurate assessment, you'll want to [...]
Who can benefit from a professionals mortgage?
A professionals mortgage is designed specifically for trained professionals, across a variety of sectors, and here at Right Mortgage UK we can help people in the following professions - whether they’ve recently graduated or have many years work experience [...]
How do I find the best mortgage, and other mortgage FAQs
It starts with your credit score and report. Your credit score and report are a crucial part of getting a great rate on your mortgage, and you should make sure that you know what yours says about you. Pay [...]
10 Best Tips for Getting a Mortgage
Taking out a mortgage, whatever your stage of life, is likely to be the biggest financial commitment you’ll make, so you'll want to find the best deal you can and to make sure that you stand the best chance [...]
Improving credit score to get a mortgage
Your credit score, or credit rating, is crucial because it can affect your ability to borrow money or access products such as credit cards or loans. It’s also vital to have a good credit score when applying for mortgages, and [...]
