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Self-employed mortgages and financial products
Average house in England is now 8.4 times income
The average house price in England is becoming unsustainable. Overstretched buyers will face "rate hell" says personal finance expert as ONS says housing in England has not been affordable since 2017. Is there any good news on the horizon…
Saffron opens up mortgage market to self-employed with just one year’s worth of accounts
For those working on a self-employed or contractor basis, securing a mortgage in the current economy of rising interest rates and a cost of living crisis is getting more difficult. However, UK building society Saffron says it is making…
Chancellor agrees mortgage 12-month grace period: how will it work and will interest rates rise…
Chancellor agrees on new support measures for mortgage holders in new mortgage charter. MSE's Martin Lewis met with Jeremy Hunt to ensure people were getting a deal that was fair and flexible
The Chancellor met the UK's principal…
More estate agents and career shifters turning to self-employment in 2023
Brokerage Just Mortgages has hired 48 new advisers in the first quarter of 2023, a sign that its self-employed division is doing something right. What do you need to do to become a self-employed mortgage adviser or broker?
Since…
New OBR report says house prices to slide
Houses prices are expected to fall in the UK, but when will they recover?
Liberal Democrats are calling for a £3 billion Mortgage Protection Fund
Polling finds house price fall could cost Conservative party votes at the next…
Freelancers moving in with their partners could carry more risk
When you are a freelancer you'll probably have to talk about money earlier in your relationship
Hate talking about money when you're all loved up? Well, if you love the person you are with and you have built a freelance business, the…
Mortgage lenders to lower fixed-rate mortgages
By Amplo Mortgages and Financial Solutions
The last 12 months have seen significant changes in the mortgage market. Anyone considering applying for a mortgage will have found this time especially daunting, especially if navigating…
Mortgage nightmare: how millennial freelancers can avoid one
On average, mortgages cost £663 a month, with 16% of people paying over £1,000*.A Millennial buying the average house at the age of 30 today, with a 10% deposit, and a 6.07% mortgage would have a monthly payment of £1,706. Only 4% of…
A UK property crash is “unlikely” says expert
The Zoopla House Price Index shows rising mortgage rates will impact household buying power by 28% if rates reach 5% by the end of the year (assuming buyers try to keep the same monthly payments).The UK is shifting to a buyers’ market, as…
“Things are about to get spicy”: is now the right time to secure a self-employed…
With the odds of the MPC hiking rates again in an emergency meeting this week shortening after Sterling's all-time low against the Dollar, mortgage brokers offer their market observations.
Do mortgage brokers think lenders will…