Mortgages.scot

Being a co-borrower on mortgage with child

What are the downsides of being a co-borrower on a mortgage with you child. Is it advisable? That's a question posed by a visitor who understands the obvious risks but wanted another opinion.

Mortgage
co-borrower

5-year fixed rates now average 6%

If you thought it was bad enough that the average 5-year fixed rate mortgage to now be an average of 6%, the unfortunate follow-on from that is that I don't think it's reached the point where we can say the worst it over.

Fixed
Mortgage

Bank of England considers reducing mortgage stress rates

Following the financial crisis, stricter affordability requirements for mortgages were introduced. The changes introduced in 2014 made it significantly more difficult for borrowers to obtain a mortgage, those that could often weren't able to buy a house in the price range they wanted. The BoE is now considering changes.

Mortgage
Stress Rate
BoE

Obtaining a mortgage for a property with issues

I get quite a few questions and comments from people who want to purchase a property with issues, whether that be interior condition, dry or wet rot, structural concerns and so on. How easy is it to get a mortgage in these circumstances? Well, it depends.

Mortgage
Issues

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