News

What is a buy-to-let mortgage? A buy-to-let mortgage is one aimed at a prospective landlord who wishes to purchase a property with a view to letting it out. They operate in a similar (but not identical) way to a normal mortgage. The main difference between a buy-to-let mortgage and a more conventional residential mortgage is…

A recent article on the BBC News website states that for the first time since 1995, according to Halifax research, most mortgages now go to first-time buyers. Despite the lack of new homes being built, and the task of finding a deposit, the article notes that there has been an overall increase in first-time buyers…

Buying a property for the first time can be a rewarding experience, but it can also be a complicated one. There are a number of steps which, if taken in the right order and with the correct advice, can make the process more manageable and increase the chances of your ending up with the best…

Equity release is the process of releasing part of the value of your property in the form of a lump sum of cash. Even if you have not fully paid off your mortgage, and if you are over the age of 55, you can access the equity (or the money) tied up in your home.…

A mortgage broker is a professional who liaises with mortgage lenders to ensure that you get a mortgage that is suited to your situation and needs. The broker, in essence, should have an overview of the sector, the skills to shepherd you through the assessment process and the experience to deliver the right deal to…

Phill Morris returned to his roots after a three-year global trip. Phill ran BMC, a highly successful mortgage centre based in Bridport for 15 years, before taking the decision to go on a world adventure with wife Sue. Phill says that after 28 years in financial services he felt it was the right time to…

Exe Mortgages MD David Grimshaw was over the moon when he was given the opportunity to play at Manchester United’s hallowed ground. He was one of just 48 applicants selected by Virgin Money to take part in the ‘Play on the Pitch’ event at Old Trafford. The only player from Devon, he was chosen after…