Ask An Expert:

Our team of expert mortgage brokers is on hand to answer any question you might have about borrowing money to buy property. Whether it's the size of deposit you need, the difference between interest only and capital repayment mortgages, or which banks are still lending large mortgages right now, just leave your question in the field provided and we will answer it as soon as we can. Please be aware that answers are generic and no personal advice is ever given via this website.


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Archive for ‘Ask An Expert’:

Ask An Expert: I am a first time buyer and would like to find out how much I can borrow?

Friday, April 16th, 2010

Q: I wonder if someone could advise me please? I am a first time buyer and have not yet selected a property that I would like to buy as I am keen to find out how much I would be accepted for on a 100% mortgage before I start to check the market. I have no deposit and would like to know costs of an interest only mortgage and the other (not sure what that is called?) I would also like to know about fixed rate mortgages and try to get an understanding of which one would be the best for me and my circumstances.

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Ask An Expert: We are looking at buying a flat in Mumbai, India?

Tuesday, August 11th, 2009

Q: Hi, We are looking at buying a flat in Mumbai, India.I am resident of UK and would like to explore the possibility of getting a mortgage in GBP, that being the currency of my primary income.I realise this is unconventional as most of the overseas mortgage available are for countries with large British expat populations. But is this something you could potentially arrange / advise on?

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Ask An Expert: Tax Implications?

Friday, July 24th, 2009
Q.  Hello, I’ve got an interesting question. I currently owe approx £100,000 on my mortgage of the flat I live in. But the wife and I are looking to move into a house in a different area and let out this flat. Now then, my mum has agreed to lend me £100,000 to pay off my mortgage on the condition that I pay her back when I sell the flat, which I don’t want to do now, I would prefer to rent it out as it’s in a good rental area. My concern is the tax implications?

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Ask An Expert: Q.What will uk mortgage rate be in 2010?

Wednesday, July 1st, 2009

Q.What will uk mortgage rate be in 2010?
There are so many factors to consider.  Would you be kind enough as to give me some pointers as what to look for or avoid?  A little advice would go a long way right now.  I am very grateful for your help.

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Ask An Expert: Are there lenders who will lend on BTL New Builds at 65% LTV?

Tuesday, June 23rd, 2009

Q. Hi, I’ve had an offer accepted on 2 penthouse apartments in Berkshire – both are £475,000, each with a rental estimate of £1850 pcm. I’m looking to borrow 65% on a buy to let but my broker can’t find anyone that will lend because they are both new build or because they have tightened their criteria so much it’s impossible.

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