Getting a mortgage can be tricky. And depending on your earnings it may not be enough to buy a home. So we've asked Wayhome to explain how their scheme for buying a house without a mortgage works.
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Joint Borrower Sole Proprietor mortgage explained
While it might sound like a mouthful, a Joint Borrower Sole Proprietor mortgage - more commonly known as a JBSP - can be a simple and practical option for first-time buyers struggling to buy their first place. We’ve asked Tembo to tell us how these mortgages work and the pros and cons .
How do we fix the homebuying and selling process? We want to hear from you
The home buying and selling process – at least in England and Wales – is currently not fit for purpose. The process is too uncertain, takes too long and money is wasted when transactions fail to complete. We look at what can be done to improve the system.
How to get on the property ladder in 2021
As a new study reveals the pandemic has hit first time buyers with mortgage approvals and with house prices rising at their fastest rate in years, we look at what options are available to get on the property ladder in 2021.
In the news, the latest round-up
We look at the CMA investigation into unfair leasehold practices by house builders, the best and worst places for first time buyers, increasing numbers of people borrowing 6.5x their income, the return of Nationwide to interest-only mortgages and more...
A 35 year mortgage could cost you an extra £75,000
As first time buyers struggle to afford to buy, the number of 35 year mortgage are increasing. But what do they really cost?
Can you avoid paying more for a ‘Help to Buy’ property?
We all know you pay more for a new build home. It's the same principle as when buy a new car. But latest research shows first-time buyers using a Help to Buy can pay up to 22% more. We take a look at this research and how you can avoid paying over the odds...
First time buyer misconceptions when it comes to buying a home
Recent research suggests first-time buyers need some help to be better informed about the homebuying process to protect themselves from stress, legal headaches, and disappointment. Here we list - and debunk - the common first time buyer misconceptions
Mortgage boost for zero hours contract workers
Workers on zero hours contracts will find it easier to get a mortgage thanks to new changes made by a major lender
In the news this week, the latest round up
In the news this week, we look at why first time buyer demand has soared, how stamp duty could bring the market to a halt and 10 ways to cut inheritance tax.