Over the past few years, there has been considerable discussion about the difficulties faced by individuals on a zero-hour contract, particularly when it comes to obtaining a mortgage or remortgage deal. Most mortgage lenders require substantial evidence of a stable income source before considering a mortgage application. However, due to the unpredictable nature of zero-hours…
So, you’re thinking about buying a home? We understand that applying for a mortgage can seem like a daunting thing to do, but it doesn’t have to be. First things first, be prepared as applying and getting a mortgage involves a hefty amount of form filling; and you will need to provide lots of different…
Buying a new home is an exciting time, but it can also be a little intimidating; if you don’t have the right knowledge and support to help you through the process. Here at The Residential Mortgage Hub we are an experienced mortgage broker in Medway; and we’re here to help guide you through the whole…
When applying for a mortgage we’ll ask some important questions; while this might sound daunting, unlike a job interview, the questions are all pretty standard and you’re unlikely to be delivered any curve balls. We simply ask these questions just to assess your situation and best match you to a lender. Nevertheless, the best way…
There’s nearly five million self-employed people in the UK; but there is a lot of misinformation and outdated ideas flying around when it comes to their mortgage eligibility. It’s a little known fact that there are specialist lenders, and even some high-street lenders, who will consider loans for self-employed people. This includes those with changeable…
They may be small, but our little bundles of joy take up a lot of room; so it’s no surprise that many people move house to make space for them. If you’re house-hunting while you’re pregnant; it’s likely you’ll want to move before the baby arrives and we don’t blame you for that. We understand…
If choosing the right mortgage type is making your head hurt, then don’t worry, you’re not the only one. There’s so many different types of mortgages available to choose from; and it can be confusing knowing which is the right one for you and your circumstance. From fixed rate and tracker rate to interest-only, there’s…
If you’ve been trying to buy your next home but haven’t yet saved up a big enough deposit, you could be eligible to apply for a 95% loan to value (LTV) mortgage. This means that you may be able to buy a home with just a 5% deposit. Within this article we’ll cover everything that…
Has your property been down-valued and want to know what can you do about it? Don’t worry, it’s not the end of the world, there are certainly some things you can do in this situation. Why do down valuations happen? Down valuations typically happen when house prices are out of sync with current property market…
When you apply for a mortgage, your lender will carry out a valuation survey or mortgage valuation; this is to check the property is worth what you’re planning to pay for it. A mortgage lender may also want to carry out a valuation if you’re applying to remortgage. Overall a valuation survey is for the…
