Category:

mortgage terms

How Much Does Moving House Cost?

When you decide that you are ready and, in a position, to move house there are numerous factors to consider. One of the main factors are the costs of moving house. Here we look at the different costs involved in moving house to ensure that you are fully informed and...

Mortgage for first time buyers

Mortgage for first time buyers

Buying a home for the first time is an extremely exciting time for any first time buyer, however it can be a whirlwind full of questions and trials. Here we look at what it entails to obtain a mortgage for a first-time buyer and hopefully help you on the way to the...

Get to know our very own Will Fox!

Get to know our very own Will Fox!

Get to know our very own Will Fox! Will started off as a mortgage case manager and has now progressed to being a mortgage and protection adviser! We're so proud of his progress at Warrington Mortgage Centre. We sat down with him to catch up on what he's been up to!...

What is Property insurance and do I need it?

What is Property insurance and do I need it?

Property insurance covers a wide range of policies that protect property owners with a mortgage encase any unforeseen circumstances arise.  Insurance on the property helps to provide protection in the means of a financial reimbursement encase of damage or theft or to...

Warrington Mortgage Centre Podcast Episode 11

Warrington Mortgage Centre Podcast Episode 11

How many headaches can one Buy to Let cause? Yeah, we know the feeling. Rent not paid on time, property in disrepair, emergency call outs, problem tenants... you've heard the horror stories. In this episode, we're with Sam McWilliams, talking through ways that will...

Warrington Mortgage Centre Podcast Episode 10

Warrington Mortgage Centre Podcast Episode 10

What options do you have later in life when you need to access money tied up in your house? In our next Mortgage Heroes Podcast episode, we're back with Lee Carthew discussing all you need to know when planning a mortgage into your golden years. Equity Release is...

Houses for Sale in Warrington

Houses for Sale in Warrington

Here at the Warrington mortgage centre, we have a team of Warrington's best mortgage advisors. We help clients obtain mortgages whether you are a first-time buyer, expanding, downsizing, mortgaging, buy to let professional or just setting up in buy to let. However, it...

Warrington Mortgage Centre Podcast Episode 9

Warrington Mortgage Centre Podcast Episode 9

Are you ready to move up to your next family home? We're back with Tesh from Hamlet Homes in this episode to talk about the best methods to approach your home sale so that you can get the best value out of your house. Moving home, is a transaction of Emotion. All the...

Mortgage heroes podcast with Sam McWilliams

Mortgage heroes podcast with Sam McWilliams

Remortgages come around faster than Birthdays – or so it seems! The Remortgage process can be a daunting one.

Imagine this, you’ve bought your home, you’ve redecorated, you may have had a couple of kids, and you’re settled… then BAM, a letter drops through the post from your lender saying changes are being made to your current deal. Unfortunately, this usually means your interest rates might creep up!

Buy to Let Mortgage – The Pros and Cons

Buy to Let Mortgage – The Pros and Cons

Before committing to a buy to let mortgage there are things to things to think about and weigh up which we will look at here and help you make an informed decision as to whether buy to let mortgage is the right decision for you;   Capital gain:  It is known that...

Office update

Office update

Remortgages come around faster than Birthdays – or so it seems! The Remortgage process can be a daunting one.

Imagine this, you’ve bought your home, you’ve redecorated, you may have had a couple of kids, and you’re settled… then BAM, a letter drops through the post from your lender saying changes are being made to your current deal. Unfortunately, this usually means your interest rates might creep up!

Mortgage Heroes Podcast With Lee Carthew

Mortgage Heroes Podcast With Lee Carthew

Remortgages come around faster than Birthdays – or so it seems! The Remortgage process can be a daunting one.

Imagine this, you’ve bought your home, you’ve redecorated, you may have had a couple of kids, and you’re settled… then BAM, a letter drops through the post from your lender saying changes are being made to your current deal. Unfortunately, this usually means your interest rates might creep up!

Mortgage Heroes Podcast With Matt O’Dwyer

Mortgage Heroes Podcast With Matt O’Dwyer

It happens with almost every house purchase. We’re not talking about someone taking a chip out the wall whilst moving furniture, though! Instead, we’re talking about all types of surveys, what they’re for and why you might need one!

Mortgage Heroes Podcast with Rachael Howe

Mortgage Heroes Podcast with Rachael Howe

In this episode, we're joined by Rachael Howe where we break down the legal process, from buying your first home, the day the Searches are ordered, to the best day ever - getting the keys to your first home! Even hearing the word conveyancing or solicitor probably...

Equity Release Explained

Equity Release Explained

What is equity release? Equity release is a way of releasing a lump sum of cash from the equity within your home to help with everyday monetary needs. It is a big decision so before you decide that this is the way for you and your family ensure that you speak to one...

Introducing our new Town Centre Office!

Introducing our new Town Centre Office!

We’re really pleased to say that our continued growth has enabled us to expand our team and also invest in a brand-new office space right in the town centre, on Buttermarket Street. It’s a little bit too close to Pappa Johns for our liking too – did somebody say pizza Fridays…

Mortgage Heroes Podcast With Tesh Patel

Mortgage Heroes Podcast With Tesh Patel

What happens if you find the right home for you? In Ep4 of our Mortgage Heroes Podcast, we have Tesh from Hamlet Homes (Thanks for sponsoring this series!), giving us their top tips on how to buy your home like a boss.

Mortgage Heroes Podcast With Phill Pinson

Mortgage Heroes Podcast With Phill Pinson

With the world of mortgages changing and everyone’s circumstances becoming a little more unique, it’s paved the way for specialist lenders to provide mortgages to those that might not fit the high street criteria. In Ep3 of our Mortgage Heroes Podcast, we sit down with Phill Pinson, Business Development Manager from Kensington Mortgages. He shares their tips on how they can support First Time Buyers across the UK!

Mortgage Heroes Podcast With Darren Cunliffe

Mortgage Heroes Podcast With Darren Cunliffe

We’ve all seen the TV adverts and branches up and down the country for ‘Britain’s Biggest Building Society’, but how can they help YOU buy your first home? Nationwide have a huge offering for First Time Buyers with things like free valuations, cashback, and affordability enhancements where possible.

Mortgage Heroes Podcast With Chris Dixon

Mortgage Heroes Podcast With Chris Dixon

We’ve all seen the TV adverts and branches up and down the country for ‘Britain’s Biggest Building Society’, but how can they help YOU buy your first home? Nationwide have a huge offering for First Time Buyers with things like free valuations, cashback, and affordability enhancements where possible.

Let’s talk credit scores with Sam

Let’s talk credit scores with Sam

UNDERSTANDING YOUR CREDIT SCORE For many of us, the word Credit Score can send a shiver down our spine, let alone actually trying to understand how it can impact the things we do in life! We thought we’d break it down so that you can understand a credit score, and...

The Basics of Buy to Let

The Basics of Buy to Let

Buying an Investment property can be either two things... Awesome. Or, a pain in the backside But overall, the aim of buying an investment property is to generate additional income and create longer term wealth as house prices increase. There is so much noise online...

What are your Insurance Options?

What are your Insurance Options?

Without trying to scare you, do you want to be certain that your family is well looked after if any surprises come your way? If you didn’t already know what insurance is, it is an exchange for the payment of a premium, a firm or the government agrees to offer a...

What is a Lifetime Mortgage?

What is a Lifetime Mortgage?

We all know someone (most likely your nan) who has been banging on about going on that world cruise for the past 5 years. Or maybe you are that person. What if we told you there was a way to free up some equity and go on it? If you’re lucky enough to be in the...

We’re Hiring!

We’re Hiring!

We’re Hiring a Mortgage Administrator KEY DETAILS: – Warrington, WA5– Permanent Position– Full Time– Monday – Thursday: 9.30am – 5.30pm Friday – 9.30am – 3pm (Subject to opening hours) THE ROLE: We are a young, dynamic firm helping First Time Buyers, Families and...

First Time Buyer Straight Outta Lockdown? We Can Help!

First Time Buyer Straight Outta Lockdown? We Can Help!

It’s safe to say that everyone has been impacted by the worldwide pandemic that we are currently facing in one way or another! If you are a First Time Buyer, you might be left feeling like you don’t know where you stand when it comes to making a purchase on a...

Mortgages: How long are mortgage terms?

Mortgages: How long are mortgage terms?

We get it. It’s an exciting time, you’re buying your first home, planning your furniture and home decor ready for a new chapter in life. Then you ask yourself ‘Am I mortgage-ready?’. Luckily, we’re here to help you with the most important financial decisions you’ll...

Top tips for getting mortgage ready in 2021!

Top tips for getting mortgage ready in 2021!

So, it’s safe to say that last year was a bit of a rollercoaster year. It caused all sorts of headaches in the mortgage world and, unfortunately, there is still some uncertainty ahead of us! With that said, we’re ready for anything that 2021 mortgages throws at us and...

How do I remortgage for home improvements?

How do I remortgage for home improvements?

Your Remortgage FAQs Part 2 There can be a lot of benefits to switching to a new mortgage deal rather than carrying on with your existing one. However, we know that for some of you remortgages can seem like a hassle. The remortgage process can be very simple depending...

What is a remortgage and how early can I start the process?

What is a remortgage and how early can I start the process?

So, you’re looking to remortgage your property for the first time and you don’t know where to start. Do you… A) Phone a friend B) Frantically search online C) End up on a blog like this Trick question, none of these answers are wrong. Even if you have remortgaged your...

First Time Buyers: What’s The True Cost of Buying Your First Home?

First Time Buyers: What’s The True Cost of Buying Your First Home?

There are a lot of costs that First Time Buyers might not necessarily be aware of when buying their first home. Let's say we're working with a First Time Buyer who's looking to buy a £175,000, Leasehold, Semi-detached property. What are the costs involved?...

Stamp Duty Holiday: What Does This Mean?

Stamp Duty Holiday: What Does This Mean?

The 2020 Coronavirus pandemic has had far-reaching worldwide consequences. It has changed the way we go about our lives - including aspects that we used to take for granted. One scheme that the government has introduced to help boost the property market hit by...

Mortgage Advice for Self-employed

Mortgage Advice for Self-employed

The way the world is right now, being a business owner looking to apply for a mortgage is tougher than usual. There have been a lot of criteria changes over the last 6 months. Here are a few heads up on what you might need to know about mortgages for self-employed......

First Time Buyer Straight Outta Lockdown?

First Time Buyer Straight Outta Lockdown?

It's safe to say that everyone has been impacted by the worldwide pandemic that we are currently facing in one way or another! If you are a First Time Buyer, you might be left feeling like you don't know where you stand when it comes to making a purchase on a...

Our 5 Top Tips for First Time Buyers!

Our 5 Top Tips for First Time Buyers!

Here at Warrington Mortgage Centre, we are doing everything we can to help your dreams come true and secure your first home! We work closely with first time buyers to help them manage their funds and put a plan in place to get the ball rolling. Here are 5 top tips...

What can I do to help my house sell quickly?

What can I do to help my house sell quickly?

We at Warrington Mortgage Centre have been through the mortgage process with thousands of first time buyers and home owners and have also worked closely with trusted estate agents such as NW Estates. This makes us well-equipped to share our knowledge of what the best...

The house that I’m buying is down-valued, what can I do?

The house that I’m buying is down-valued, what can I do?

If the value of the house  is less than the estimate that the estate agent or seller originally gave you, this might result in a 'down-value'.  Once of the reasons for this might be because of issues with the house. When a property survey is carried out on a house...

What is the exchange of contracts?

What is the exchange of contracts?

One question we always get asked, and one many first-time buyers are unaware of is “what exactly is the exchange of contracts?”   It may seem like a confusing thing to get your head around, but it really shouldn’t be, it’s a routine process in every house sale.  ...

My offer has been accepted – what happens next?

My offer has been accepted – what happens next?

Whether you’re a first-time buyer, or you’ve purchased houses before, there are not many things more exciting than hearing your offer has been accepted.   But just what do you need to do or have in place when you get the great news? It’s something we regularly get...

Making an offer – what documents do I need? 

Making an offer – what documents do I need? 

You’ve seen the house you want to purchase and you’re ready to make an offer, but just what documents do you need to be in a position to make said offer?   We’ve put together a handy blog that will hopefully help you feel more confident about purchasing the property...

How long does it take to buy a house?

How long does it take to buy a house?

You could say how long is a piece of string? But we here at Warrington Mortgage Centre, we know how much it can mean to some people getting their keys to a new house, whether it’s a first-time home or simply a well-earned move. It’s a great question no doubt, and one...

What do I need if I want to put an offer in on a property?

What do I need if I want to put an offer in on a property?

It may have taken an age, one of the biggest amounts you’ve ever saved up, but just what happens when you’re ready to finally take the plunge and put in a property offer on a house you’ve been eyeing up? It’s a regular occurrence at Warrington Mortgage Centre, perhaps...

As a first-time buyer, do I need to pay Stamp Duty?

As a first-time buyer, do I need to pay Stamp Duty?

Taxes, deposits, eligibility checks, it can all be extremely daunting trying to get on the property ladder and then comes the little issue of Stamp Duty. It has been confusing buyers for as long as time can remember, with many not even knowing it’s a thing until they...

Can I purchase a property without a deposit?

Can I purchase a property without a deposit?

It's one of the most daunting words for first-time buyers, and a major reason why so many put off spreading the nest for as long as possible, but a deposit isn't as scary as most think. It's even possible to purchase a property without the required deposit (normally...

How long should I fix my mortgage for?

How long should I fix my mortgage for?

Fixed-rate mortgages are confusing conundrums, and often leave homeowners scratching their heads about whether they’ve made the right choice. Perhaps you’ve even found the perfect deal or interest rate, you’re just unsure of the time to go for, well that’s why we’ve...

What do I do when my fixed-rate mortgage comes to an end?

What do I do when my fixed-rate mortgage comes to an end?

Fixed-rate mortgages, they either give you fond memories of beating the system with a great interest rate or bad memories of paying over the odds for your repayments. A mortgage is one of the biggest outgoings you’ll ever have in your life, and where the biggest chunk...

How do I repay my Help to Buy Loan?

How do I repay my Help to Buy Loan?

So, you may have seen our previous blog and video giving you some advice about when is the best time to pay off your Help to Buy loan, but you may also be wondering just how you go about doing so. Whether you’re wanting to avoid those potential hefty interest charges,...

When is the best time to look at repaying your Help to Buy Loan?

When is the best time to look at repaying your Help to Buy Loan?

The government funded Help to Buy Loan which was introduced in 2013 has proved a viable option for many property buyers who are looking to purchase newly-built properties. The loan or ‘leg-up’ is largely aimed at first-time buyers who account for over 80% of purchases...

As a first time home buyer, how much can I borrow?

As a first time home buyer, how much can I borrow?

    Your mortgage will eventually cost more money than you’ve earnt in your lifetime so far. When you put it like that, the first question that pops up in your mind is -- how much can I borrow? You’ll never be allowed to borrow more than you can afford, so...

What part of your wages count towards your mortgage?

What part of your wages count towards your mortgage?

  Being self employed can make applying for, and securing a mortgage a bit of a minefield - there’s a lot more you have to consider and weigh up when you’re not working a standard 9 to 5. So in this edition of home ownership for first time buyers we help you...

What is the ‘Help to Buy’ Scheme?

What is the ‘Help to Buy’ Scheme?

  If you're a first-time buyer, and haven’t been living underneath a rock for the past few years, you likely already know a LOT about the Help to Buy process. For those who have been sleeping under your comfy comfy rock since 2013, this is for you! We get Help to...

As a first time home owner, when is the right time to buy?

As a first time home owner, when is the right time to buy?

  There’s so much more to moving out than just upping roots and buying a home. In fact, the process can sometimes be slow, meticulous, and confusing. One thing you should be wary of is knowing when is the right time to buy a home. In this edition, we’re answering...

How to Improve your credit score as a first time buyer

How to Improve your credit score as a first time buyer

Just the two words ‘credit score’ can send shivers down the spine. What is credit? Do I even have a credit score? Is credit something I should be worried about? Everyone's a little bit puzzled by credit, even people who have been aware of it for years, and it's...

How parents of first time buyers can help them in securing a mortgage

How parents of first time buyers can help them in securing a mortgage

I’m sure after all your parents have done for you throughout your life, the last thing on your mind is to ask for their help when you finally come to purchase your first home. But your parents can help you secure your first mortgage! But, what are the rules around...

How to set a realistic mortgage budget as a first time home buyer

How to set a realistic mortgage budget as a first time home buyer

Thank you so much for your feedback on our first question and answer session - we're loving it! In part #2 of our ongoing series we answer how first time buyers can set a realistic mortgage budget. This is a tough one, so read it through! Hi Catherine, things are...

Schemes available for first time home buyers in the UK.

Schemes available for first time home buyers in the UK.

Getting a mortgage can be a super-confusing. We felt that the process would be so much easier for first-time buyers if the answers around mortgages were readily available, without the usual confusing jargon… So here we are! In In part #1 of our Home Ownership for...