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Inhoud geleverd door ESPC (UK) Ltd. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door ESPC (UK) Ltd of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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Don't be afraid of mortgages! An update on the mortgage market, first-time buyer tips & remortgaging in 2024

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Manage episode 403718245 series 3438524
Inhoud geleverd door ESPC (UK) Ltd. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door ESPC (UK) Ltd of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Welcome back to season 3 of the ESPC Property Show - a podcast for property enthusiasts and home hunters across Edinburgh, the Lothians, Fife and the Scottish Borders.
In this episode, hosts Paul and Megan are joined by two ESPC Mortgages colleagues Paul Demarco and David Lauder to discuss and debunk the mortgage market including how much cash first-time buyers need to buy, what properties are more difficult to mortgage, why overpaying your mortgage is a good idea and the best mortgage term to pick.
KEY TOPICS:
0:00-0:58 Introduction
0:58-1:35 Meet Paul & David
1:35-3:15 How is the 2024 mortgage market?
3:15-4:54 Bank of England rate predictions
5:54-6:19 How much deposit do first-time buyers need?
7:34-9:28 What properties are hard to get mortgages on?
9:28-10:55 Cladding and mortgages
10:55-13:28 Barriers to getting a mortgage
13:28-14:27 Getting a mortgage with a new job
14:27-15:14 Getting a mortgage with no credit score
15:14-15:32 Self-employed mortgages
15:32-16:06 Side hustles and mortgages
16:06-16:45 How to improve your credit score
16:45-18:11 What happens after an offer is accepted?
18:11-20:59 Why overpay on your mortgage?
20:59-21:46 Increased property value and loan to value
21:46-24:14 What mortgage term is best?
24:14-26:26 Advice for mortgage terms ending in next 6 months
26:26-28:39 Things you may not know about getting a mortgage
28:39-31:46 Other factors that make it hard to get a mortgage
31:46-33:25 Outro
The initial consultation with an ESPC Mortgages adviser is free and without obligation. Thereafter, ESPC Mortgages charges for mortgage advice are usually £395 (£345 for first-time buyers). YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED AGAINST IT.

The information contained within this website is subject to the UK regulatory regime and therefore restricted to consumers based in the UK.

The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren’t able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk.

ESPC (UK) Ltd is an Appointed Representative of Lyncombe Consultants Ltd which is authorised and regulated by the Financial Conduct Authority.

Got a question for us? Send us a text message!

Enjoy the episode? We'd love to hear from you! Send your questions and comments to us directly on marketing@espc.com or via our social media channels. You can also help other people find us by sharing the episode or leaving us a review and rating from wherever you're listening!
To find out more about ESPC and our solicitor estate agent member firms, you can head to our website.
You can read our most recent house reports here: http://bit.ly/3CQlEQw

Read the latest news from the property market in Edinburgh, the Lothians, Fife and the Scottish Borders here: http://bit.ly/3IPOR1T
ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey.

  continue reading

66 afleveringen

Artwork
iconDelen
 
Manage episode 403718245 series 3438524
Inhoud geleverd door ESPC (UK) Ltd. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door ESPC (UK) Ltd of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Welcome back to season 3 of the ESPC Property Show - a podcast for property enthusiasts and home hunters across Edinburgh, the Lothians, Fife and the Scottish Borders.
In this episode, hosts Paul and Megan are joined by two ESPC Mortgages colleagues Paul Demarco and David Lauder to discuss and debunk the mortgage market including how much cash first-time buyers need to buy, what properties are more difficult to mortgage, why overpaying your mortgage is a good idea and the best mortgage term to pick.
KEY TOPICS:
0:00-0:58 Introduction
0:58-1:35 Meet Paul & David
1:35-3:15 How is the 2024 mortgage market?
3:15-4:54 Bank of England rate predictions
5:54-6:19 How much deposit do first-time buyers need?
7:34-9:28 What properties are hard to get mortgages on?
9:28-10:55 Cladding and mortgages
10:55-13:28 Barriers to getting a mortgage
13:28-14:27 Getting a mortgage with a new job
14:27-15:14 Getting a mortgage with no credit score
15:14-15:32 Self-employed mortgages
15:32-16:06 Side hustles and mortgages
16:06-16:45 How to improve your credit score
16:45-18:11 What happens after an offer is accepted?
18:11-20:59 Why overpay on your mortgage?
20:59-21:46 Increased property value and loan to value
21:46-24:14 What mortgage term is best?
24:14-26:26 Advice for mortgage terms ending in next 6 months
26:26-28:39 Things you may not know about getting a mortgage
28:39-31:46 Other factors that make it hard to get a mortgage
31:46-33:25 Outro
The initial consultation with an ESPC Mortgages adviser is free and without obligation. Thereafter, ESPC Mortgages charges for mortgage advice are usually £395 (£345 for first-time buyers). YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED AGAINST IT.

The information contained within this website is subject to the UK regulatory regime and therefore restricted to consumers based in the UK.

The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren’t able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk.

ESPC (UK) Ltd is an Appointed Representative of Lyncombe Consultants Ltd which is authorised and regulated by the Financial Conduct Authority.

Got a question for us? Send us a text message!

Enjoy the episode? We'd love to hear from you! Send your questions and comments to us directly on marketing@espc.com or via our social media channels. You can also help other people find us by sharing the episode or leaving us a review and rating from wherever you're listening!
To find out more about ESPC and our solicitor estate agent member firms, you can head to our website.
You can read our most recent house reports here: http://bit.ly/3CQlEQw

Read the latest news from the property market in Edinburgh, the Lothians, Fife and the Scottish Borders here: http://bit.ly/3IPOR1T
ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey.

  continue reading

66 afleveringen

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