Mortgage guides and advice
What is the minimum credit score needed to get a mortgage in the UK?
The simple answer is, there isn’t a minimum credit score to get a mortgage, in fact some lenders don’t credit score at all. We find
Santander announce 4.95% Five-Year Fixed Rate
Breaking News Today, Santander announced it is reducing its 5 year fixed rate to below 5% (25 Sept 2023). Santander isn’t stopping there it is
Mortgage rates starting to drop – Despite continued Bank of England rate increases
Clever Mortgages, who arrange mortgages for all types of customers, be that with a poor or excellent credit score, are seeing lenders now decreasing their mortgage interest rates.
Fixed Rate Mortgage vs. Standard Variable Rate: Making Informed Choices for Your Mortgage
Fixed Rate Mortgage vs. Standard Variable Rate: Whether you value the stability of a fixed rate or the flexibility of an SVR, we’re here to help you make an informed decision.
Secure Your Financial Future: Exploring New Mortgage Deals today!
With the average 2 year fixed mortgage rate in the UK reaching a 15-year high of 6.6%*, homeowners face critical decisions regarding their mortgage arrangements. We explain the importance of reviewing your mortgage.
Exiting a fixed rate early ST
You can usually leave a fixed rate mortgage early – however, lenders usually require an early repayment charge and an exit fee.
Mortgage Charter
The UK’s largest mortgage lenders and the Financial Conduct Authority (FCA – who regulated mortgages) have agreed with the Chancellor a set of standards that they will adopt when helping their regulated residential mortgage borrowers worried about higher rates.
British Specialist Lending Awards, Winner: Sarah Tinkler
Yesterday (Thursday 18th May) at the British Specialist Lending Awards, Sarah Tinkler (Mortgage Adviser) won the Adverse Broker category.
100% mortgages are back!
A deposit free, first time buyer, 100% mortgage is available to private tenants who feel ‘trapped’ in the rental cycle and are over the age of 21. The product is subject to affordability and credit score, plus evidence of a minimum of a 12-months good track record of a privately rental property.
Clever Mortgages sees mortgage rates drop, despite Bank of England rate increases.
Clever Mortgages, who arrange mortgages for all types of customers, be that with a poor or excellent credit score, has advised homeowners and potential purchasers
Can you get a non standard property mortgage?
Yes, it is possible to get a mortgage for a non-standard property, but the process can be more complex and may require more documentation and research than a standard property.
My partner has bad credit, can we get a mortgage
Yes, it is possible to get a mortgage with your partner who has bad credit, but you may have fewer options compared to both people having a good credit score.
