Mortgage

Mortgage

5 Ways to Reduce Monthly Mortgage Payments

Are you struggling to survive with the little money paying a mortgage is leaving you to live on? Here are 5 ways to help you reduce your monthly payments. Stop your Private Mortgage Insurance Unlike the other types of mortgage insurance,  Private Mortgage Insurance (PMI) protects the lender, not you. Yet, If you put a deposit down of less than...

Mortgage

How Does Divorce Affect Your Mortgage?

Getting divorced when you have an outstanding mortgage can be challenging. So, what do you do about it? There are different options depending on your willing to remain in the property and/or your affordability: Continue to pay your mortgage Before thinking about your options, keep up with the payment of your mortgage. If you’re both name owners and either one...

Mortgage

How To Save For A Deposit

The average house price in the UK is £225.956 (Gov.uk, 2017). Which means that, if you’re looking to buy a house, you'll have to save at least £11.298 to put down a 5% deposit; to get access to cheaper deals from putting down a 10% deposit, you’ll have to save £22.596. Get the most out of your savings How to...