Mortgage News Archive
Stamp Duty changes from April 2025
Significant changes to Stamp Duty Land Tax (SDLT) are scheduled for April 2025, affecting both first-time and subsequent home buyers in England and Northern Ireland. This article contains information on
Will Mortgage Rates Keep Falling in 2025?
One of the most common questions right now is whether mortgage rates will continue to decline in 2025. With the latest budget statement behind us and the outcome of the
What is Consumer Duty and why has it increased the fees of some financial advice?
I read with interest this article from Financial Reporter that states, 'Over four fifths (80%) of [financial] advisers believe the [Consumer Duty] regulation has made it harder for them
First-time buyers are asking, ‘Should I wait until after the election to get a mortgage?’
In my experience impending general elections always throw a spanner in the works when it comes to deciding whether it’s the right time to buy a property. And buying your
It’s OK to take your time choosing a mortgage!
I’m probably one of the most impatient people there is, I even annoy myself at times! It’s sometimes so bad that I don’t completely fill the car up with petrol
Why are solicitors so slow in dealing with mortgages and how do I choose a good one?
This is a common grumbling from many people trying to get a mortgage through. So let’s look at the potential reasons why solicitors may seem slow in dealing with mortgages:
Mortgages for people in the armed forces
The tricky thing about getting a mortgage when you’re a serving forces member is that your lifestyle is somewhat different from someone with a 9-5 job. The good news is
Your remortgage questions answered
When your current mortgage rate is due to end, you have the option to stick with your current lender, or to go back to market and review other mortgage options.
No-fee mortgage advice – But HOW can we do that?
Most people would see that something is free, and think to themselves, ‘what’s the catch?’. And to be fair, you’d be right to assume that it could mean hidden charges,
Porting my mortgage when moving home
You may be ready to move home before your current mortgage comes to an end. This means we need o to have a conversation with you, your current lender and
How much can I borrow?
When it comes to buying a home, one of the most important questions to answer is ‘how much can I borrow?’ At MK Mortgages we advise you to get this
Spray foam insulation – A word of warning from a building surveyor
Some of us may be wondering if an improvement in our home’s energy efficiency could reduce our bills and so be looking to replace windows, doors or wall insulation, or
How long should a remortgage take?
Let’s be honest, no one likes not knowing when it comes to their finances. With mortgages it can be hard to know exactly how long the whole process will take,
What fees will I have to pay to remortgage my house?
When you take out a new mortgage to replace your old one (remortgage), it can see you having to pay a variety of fees in order to get the right
The mortgage sales process
In order to help our new and existing clients to find their ideal mortgage it’s important that we have a clear understanding of what they want to achieve. Once we
Can I Get a Mortgage If I’m Self-Employed?
The simple answer is yes, you can. The common perception is that if you’re self-employed, then you will find it much more difficult to secure a mortgage, particularly during a
