Getting on the property ladder has become increasingly challenging for first-time buyers, with rising house prices, high deposit requirements and affordability checks making homeownership feel out of reach. One option that has grown in popularity over the last two decades is shared ownership. But what does it actually involve and could it be the right […]
Shared Ownership Mortgages Explained: Pros, Cons and Pitfalls Read More »
Let to Buy Mortgages: Unlocking Your Next Property Opportunity Let to Buy mortgages can present a compelling opportunity for those looking to expand their investment portfolio. Perhaps you’re considering relocating but wish to retain your current property as a rental income source? Or maybe you’ve identified a promising new home before selling your existing one?
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The appeal of owning a holiday let in the UK, whether it’s a charming cottage tucked away in the Yorkshire Dales or a scenic coastal retreat in Cornwall, is undeniably strong. The prospect of generating income while owning a desirable property is, indeed, a compelling one. However, securing a mortgage for a holiday let is
Mortgages For Holiday Lets: Navigating the UK Market Read More »
Venturing into the buy-to-let market can be a lucrative investment strategy. However, navigating the complexities of buy-to-let mortgages can seem daunting, particularly for first-time landlords. If you’re based in York or anywhere in the UK and considering this avenue, understanding the basics is crucial. Argyll Drummond recognises that each investor’s situation is unique, and as
A Beginner’s Guide to Buy-to-Let Mortgages Read More »
A tracker mortgage is a type of home loan where the interest rate you pay isn’t fixed. Instead, it “tracks” an external benchmark interest rate, typically the Bank of England base rate. This means your interest rate will move up and down in line with changes to that benchmark. How Does a Tracker Mortgage Work?
What Is A Tracker Mortgage? Read More »
A number of major high street banks and building societies have started to offer green mortgage products. The idea is that if you’re moving into an energy-efficient home (one that has an EPC rating of A or B) or plan to make your home greener with the addition of solar panels or better insulation, your
What is a Green Mortgage? Read More »
What is remortgaging? Remortgaging is the process of applying for a new mortgage with a different lender while staying in your current home. There are several reasons why someone might want to remortgage. Some people do it when their current mortgage product’s initial benefit period is ending, and they want to secure a new, more
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