Specialist Lending – Adverse Credit Mortgages Adverse Credit Mortgages. While lenders themselves naturally lend directly to individuals, brokers serve as middlemen between lenders and borrowers. Brokers make lending more accessible. It isn’t that individuals themselves cannot approach lenders for their mortgage needs. However, getting the best mortgage is where individuals find themselves hapless. With numerous …

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In favour of the Independent Mortgage Broker https://youtu.be/TrrqEQfBxD4 According to recent mortgage industry research, 31% of borrowers who went direct to a lender didn’t know how a mortgage broker could help with their mortgage search. Interestingly, 60% of those who went directly to a lender when they took out their last mortgage didn’t know that …

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Are you a prisoner to your mortgage? Are you a prisoner to your Mortgage? Each year, hundreds of thousands of consumers purchase their homes with a mortgage or re-finance existing mortgages. Mortgage debt now accounts for over 80% of total UK household liabilities, so choosing a mortgage is an important financial decision that can be …

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Got plans for a ‘Grand Design’? How many of us have dreamed of building our own home? It’s the one way we can be fairly certain of getting it exactly as we want. However, before getting carried away with the dream of a Grand Design of our own the first thing you would need to …

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Don’t let inertia soak up your hard earned cash! Is inertia costing you money? According to a recent announcement from Citizens Advice, loyal customers who stay with their current suppliers, often due to inertia are losing up to £4.1bn a year. Citizens Advice made a super-complaint stating that this scam is causing losses amounting to …

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First time buyers – the future is looking good! First Time Buyers Dominate the market! The mortgage market is once again being dominated by first time buyers. Not since 1995 has this vital sector been seen so vibrant. It now makes up for more than fifty percent of all new mortgage applications, according to The …

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First time buyers – the future is looking good! Good news for first time buyers. Mortgage rates are at a historically low level, having almost halved during the last decade, according to Moneyfacts – the Financial Services news and updates publication. Back in March 2009, The Bank of England cut interest rates to 0.5 per …

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If you have reached retirement and concerned about repaying an interest only mortgage – read on because we have welcome news. A number of lenders are now offering retirement interest-only mortgages where the sale of the home becomes the means of repaying the capital debt. These mortgages offer an alternative to the considerably expensive equity …

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The advantages of using a mortgage broker. https://youtu.be/vkZeNDFb3UM  What are the Advantages of Using Buckingham James for your mortgage? Well, if you’re thinking about buying a property or raising finance on your property, you are possibly going to need a mortgage. And if you are planning on applying for a mortgage, maybe you’ve thought about …

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What do I need to apply for a mortgage? Buckingham James is a whole of market independent mortgage and protection advice broker. We deal with hundreds of lenders who each in turn offer multiples of different mortgage schemes and options. Thankfully, when it comes to applying for a mortgage they generally follow a similar pattern …

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Choices, choices, choices… At Buckingham James we offer independent mortgage advice to clients from a variety of different backgrounds and ages. Many experienced borrowers will be familiar with the main choices when it comes to repaying a mortgage but if you are first time borrower – then you might find the short guide below helpful. …

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How would you pay your bills if you couldn’t work? Here are some sobering statastics. Did you know that 30% of employees in the UK don’t have any financial back-up plans, if they were affected by long-term illness, disability or loss of salary. And the average UK employee has enough savings to last just 32 …

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Secured Loans Can Help For Consolidating Debts https://www.youtube.com/watch?v=02-Ci6J8ICA Are you struggling to meet your repayments on high interest loans? Have you ever considered applying for a secured loan to consolidate debts and help reduce your monthly outgoings? A secured loan is an option that could help you consolidate your debts into one affordable monthly repayment …

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Are You Self Employed And Struggling To Get A Mortgage? If the answer is ‘yes’ then we may have some good news for you. Traditionally, mortgage lenders only consider self-employed applicants who have been trading for at least three years. This is because lenders need to satisfy themselves that the risk to them is in …

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Buy To Let Mortgages There is no doubt that owning a home of your own is exciting.  You get the freedom to choose your colour scheme, make the alterations and differences you want to your home and garden and all without facing the possible disapproval of your landlord. Fancy becoming a landlord? At some point …

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Top viewing tips for first time buyers.  Top items to consider before buying your first home. Buying a property is probably one of the biggest single investments you are ever likely to make. For first time buyers, it can be a particularly exciting time but equally can be quite challenging with a large amount of …

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Protection Insurance Advice by Buckingham James Planning for unwanted events to achieve peace of mind. Life is full of ups and downs, which is why it’s so important to plan ahead whenever you can. No one wants to give the matter too much thought, but there is something very reassuring about knowing that, if the …

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Computer says ‘no’ When the Computer makes sensitive decisions The Financial Conduct Authority has warned that those applying for a mortgage should be made aware that robo-advisers (computer based apps) could be misleading borrowers over fees and the quality of the advice offered. This follows the continuous and topical debate centered on whether or not …

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Lenders are relaxing their lending rules Lenders are facing stiffer competition for borrowers. Mortgage lenders are beginning to relax the ‘affordability’ criteria making it easier to lend and bring more borrows into the market. This also means that borrows can now apply for larger loans where previously the affordability criteria would have prevented them from …

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Looking for a new Mortgage? Do you need a new Mortgage? Perhaps, you have found a new house you want to buy or maybe the current favourable interest rate with your existing Lender is either about to expire or has expired. Or maybe you want to raise some additional capital. Let’s take a look at …

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Using a Mortgage Broker can save time and costly mistakes The value of a Mortgage Broker. Buying a home is one of the biggest purchases many people will ever make in their lifetime. It can be a complicated process that includes surveys, stamp duty, dealing with solicitors and insurances let alone the bewildering number of …

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