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Insights from the Charles James team
First Time Home Buyer in Dronfield - A Guide to the Mortgage Process
Taking the first step towards buying a home in Dronfield is an exciting life event, but it can also feel daunting without the right guidance. Understanding the stages of the mortgage and home-buying journey will help you move forward with confidence.
This article sets out the key steps first time buyers in Dronfield will go through, and explains how working with a local mortgage advisor, like Charles James, can make the whole process much smoother.
What To Do When You Inherit A Property
While inheriting a property may come with sentimental value, it also brings important financial and legal considerations. Understanding your options will help you make the right decision for your circumstances.
To guide you through the process, we’ve outlined key considerations when inheriting a property, including your choices, tax implications, and legal steps.
Why Your Credit Rating Is Important
Your credit rating plays a crucial role in your financial life. Lenders use it to help decide if they'll give you a loan or credit, how much they’re willing to lend, and how much interest rate they’ll charge you.
If you’re looking into getting a mortgage, credit card, or loan, a good credit rating can make a significant difference in getting a good deal.
Understanding mortgages as a first-time buyer
We understand mortgages can be a confusing topic. If you're a first-time buyer, it's important you have a clear understanding of mortgages and your options before you buy your first home.
What is a remortgage?
Did you know you could save money every month by remortgaging? With interest rates at an all-time low, if you are currently paying a standard variable rate it may be worth considering remortgaging to bring down the rate of interest you’re currently paying.
Can You Afford Your Mortgage Repayments?
Whether or not you are able to take out a mortgage depends on your ability to repay the loan, or rather, your lender’s confidence in your ability to repay.
Paying Off Your Mortgage Early
In such uncertain economic times, it can be confusing as to whether or not you should pay off your mortgage early, provided you are able to .
Over Half Of Families To Help Relatives Buy Their First House
With young people struggling to get on the housing ladder, around 54% of families will use cash savings to help relatives purchase their first house this year.
Mortgages Become Cheaper For First-Time Buyers
Those looking to get a foot on the housing ladder may be tempted to act sooner rather than later.
No-Deal Brexit: Pensions, Savings and Mortgages
Just seven months remain until the UK leaves the European Union, and with an ever increasing chance of a “No-Deal Brexit”, we take a look at what that means for you.
Prepare Yourself For A Mortgage
When taking out a new mortgage, or even remortgaging, you will need to answer questions and provide information about your finances. Here’s what you can expect…
Is Now The Best Time To Take Out A Mortgage?
Mortgage rates look set to increase, with many in the industry claiming it is better to take out a mortgage sooner rather than later.
Mortgage Lending Drops to a 3 Year Low
New mortgages for houses fell to the lowest amount since January 2015.
Budget 2017: Housing, Tax, Savings & Pensions
The 2017 Budget was delivered on 22nd November by Chancellor Philip Hammond, and contained big changes, particularly for first time buyers.
Mortgages Slow Down But Borrowing Reflects Confidence
Despite mortgage numbers falling, levels of consumer credit stays strong.
Mortgage Repayment Periods Extend
38 of all mortgages taken out in 2017 will not be paid back until the borrower is at least 65.
The Bank of Mum and Dad Loans Increase
A report from Legal & General reveals that parental and family loans for property will increase by 30% in 2017.
Mortgage Lending Stabilises
Mortgage lending fell last month as the housing market has appeared to settle down.
What Does The Autumn Statement Mean For You?
What are the key points from the Autumn Statement and how will they affect you?
Now is a Good Time to Buy A House
House price confidence falls to its lowest level in three years, which is good news for potential buyers…