michael sterios

Help with First-Time-Buyer Mortgages

In this day and age of low housing affordability, it is more difficult than ever for first-time-buyers to secure their first home. A shortage of housing stock has lead to a situation in which demand for housing far outweighs supply and this has, in turn, ... Read >

All about Discount Mortgages

Discount mortgages are a type of mortgage product that have a variable interest rate which moves roughly in line with the lender's Standard Variable Rate (SVR). The discounted interest rates attached to discount mortgages are genuine and will normally ... Read >

Adverse Credit Mortgage for Discharged Bankrupt

People who are discharged bankrupts are usually required to apply for an adverse credit mortgage when searching for a mortgage to fund the purchase of their property. Bankruptcy was once the domain of unsuccessful self-employed business people and sole... Read >

Advantages and Disadvantages of 100% Mortgages

In this day and age of rising costs and low housing affordability, various schemes have arisen to assist first-time-buyers get onto the property ladder. One is these is 100% mortgages, which provide enough funds to the borrower to purchase a property outr... Read >

Interest Only Mortgages under Attack

With home affordability at an all time low, the number of UK mortgages that are borrowed on an interest only basis has risen steadily over the past few years. This is because interest only mortgages are cheaper to maintain in the short-term as the mont... Read >

Lenders vs Mortgage Brokers

When looking for a mortgage you may be faced with a decision as to whether you should use the services of a mortgage broker instead of applying for a loan directly with a lender. One of the main reasons why you should use a mortgage broker is that mort... Read >

Overview of Adverse Credit Mortgages

There are a number of reasons why people may be categorised as having adverse credit, including; CCJ's, mortgage arrears, loan defaults, or bankruptcy. People who are in such a situation and who wish to buy property will most likely need to apply for adve... Read >

10 Years of Buy-to-Let Mortgages

The buy-to-let market has come a long way since it's inception in 1996. At that time there were only four lenders who offered mortgage products specifically targeted at the private rented sector. Now there are almost 50 lenders who offer a wide range o... Read >

What is a Self-Certification Mortgage?

A self-certification mortgage is a method a declaring income that will be suited to an applicant who may have sources of income that are not easy to prove. It is important to note that a self-certification mortgage is not a type of product, rather it is a... Read >

Mortgage Advisers and Overseas Property

The foreign property market has become an obsession with British investors in recent years and mortgage advisers have reaped the benefits. While France, Spain, and Portugal have long been favourites with retirees and investors alike, new markets in Eas... Read >

Mortgage Brokers Banned from Cold Calling

Prior to 2004 there was little regulation for mortgage brokers conducting business in the UK. Anybody could call themselves a mortgage broker, regardless of whether or not they held the necessary qualifications, and they could source clients and conduct t... Read >

History of the Buy-to-Let Mortgage

Property investing is a relatively new phenomenon in the UK. Prior to 1990 the rented sector was dominated by the Government. The private rented sector only began to emerge once the Government changed its housing policy and mortgage lenders introduced spe... Read >

Refinancing Buy-to-Let Mortgages

Remortgages now comprise almost half of all mortgage business written in the UK. This is largely due to the mainstream residential mortgage market. Refinancing buy-to-let mortgages is not quite as popular. The majority of buy-to-let mortgages approved ... Read >