By Jonathan Gardner

What are the legal rights of homeowners when facing repossession? Facing home repossession is a stressful and challenging situation, but knowing your legal rights can make a significant difference in managing the process. When you miss mortgage payments, lenders will first contact you to discuss the situation and possible solutions. If no agreement is reached, […]

Maintaining dignity through repossession. Facing the possibility of home repossession is undoubtedly one of the most stressful experiences you can go through. It’s a situation that can feel overwhelming, leading to feelings of fear, shame and helplessness. However, maintaining your dignity throughout this challenging process is not only possible but essential for your mental and

What is happening to mortgage interest rates? UK mortgage experts seem to be discussing mortgage rates influenced by persistent inflation, economic stability efforts and global financial trends. Here’s what they’re saying and where they believe interest rates are headed: Current Rates and Predictions for 2024: Mid- and Long-Term Outlook: Impact on Mortgage Rates: Market Sentiments

Is it important to avoid SVR mortgages? When it comes to mortgages, one term that often comes up is the Standard Variable Rate (SVR) mortgage. Understanding the pros and cons of this type of mortgage can help you decide if it’s the right fit for your financial situation. A Standard Variable Rate mortgage is a

Signs your house will sell fast! When it comes to selling your house, the dream scenario is always a quick and smooth sale. But how can you tell if your home is likely to fly off the market? There are several signs that might indicate a speedy sale, and knowing these can help you set

Can you remortgage early? When facing the threat of mortgage arrears, stress levels can be high and it’s not a good place to be in. One potential strategy that might offer a lifeline is remortgaging early. But can you remortgage early? The answer is yes, but there are several factors to consider and it may

Selling your home as a last resort. If you’re finding yourself in mortgage arrears, selling your home can feel like a daunting last resort. However, there are many reasons why it might become a necessary consideration and it might help to understand when and why selling might be the right step for you. First, let’s

How can I manage my personal finances better? Managing your personal finances better is all about understanding your financial situation, setting clear goals and making informed decisions. Start by creating a detailed budget that tracks all your income and expenses. This will help you see where your money is going and identify areas where you

Struggling to pay your mortgage? When your mortgage payments start falling into arrears, it’s natural to feel a bit panicked, but the good news is that negotiating with your mortgage lender can often provide a path out of the stress. The first thing to remember is to communicate early and openly. Your lender can’t help

What is the current average monthly mortgage payment in the UK? The average monthly mortgage payment in the UK has seen quite a bit of variation depending on a few key factors such as the interest rates, deposit size and the specific region. As of early 2024, the average monthly payment is around £1,441.36 for