Description
From mortgage tips to expert insights, it's all here! Mortgage broker Jason Blunden answers common questions about buying and owning a property in the UK.
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Timestamps:
00:00 Intro to Webinar & Jason Blunden
00:51 Interest rate predictions for 2024/ 2025? Will we see interest rates continue to fall throughout 24?
1:42 What is the ideal credit score for a mortgage?
2:39 When buying a council property are you expected to have a deposit?
3:18 Do you deal with Buy to Let mortgages or Residential Mortgages only?
4:15 What are the benefits of using a broker to get a mortgage compared to going direct to the bank?
5:20 How do you get a second mortgage, when your first house was bought with a help to buy scheme?
6:30 Is it harder to get a let to buy mortgage than a normal one?
7:48 Is it always at a minimum of 25% for a let to buy deposit?
8:23 How do I need to save to buy my home? What would you say are the top 3 tips when preparing or saving up for a mortgage to ensure you can get one?
11:02 What to expect when applying for a mortgage...
12:34 I have a small mortgage, fixed term ends in may, don't particularly want to pay it off. I overpay most months. Would it make sense to go onto a tracker in the short term, on the basis rates will drop and then take advantage of lower rates when they appear hopefully toward end of the year?
15:00 How to get financial support from my bank to help secure a mortgage?
16:06 I have a fair amount of unsecured debt on credit cards. My fixed rate is about to end at the end of February. Do you have any advice with regards to paying off some or all of this by way of increasing the loan amount on the remortgage? Also my existing mortgage will become on a variable rate of 9.5%. Should I fix now or move onto an interest only option for 6 months?
18:31 Any advice on how to pay off your mortgage earlier?
19:44 My age is 60 years, can I get mortgage and how much should I have for a deposit for a house price of £250000?
21:29 What, if any, are the benefits for a first-time buyers?
23:23 Is now a good time to buy 1st home under shared ownership as rates are so high? Is it best to wait a few.
25:49 What options do you have in terms of getting a mortgage when you have a default on your credit record?
27:27 What is the actual process including costs, and other professionals involved, when buying a home for the first time that I need to be aware of?
30:12 I am interested in getting a mortgage. Who is the best mortgage adviser for us cabin crew.
31:38 My mortgage is ending this year and I need to take another mortgage. Are the rates decreasing? Would a short term or longer term be better? Also I would be potentially looking to add a little bit more on to mortgage.
33:29 Are there any lifetime mortgages? I am 66 and I need to remortgage in 4 years time
35:25 How many years does it take for a non-resident to apply for a mortgage.
36:46 If you can’t save for a deposit what's the best way to plan to get a mortgage.
38:45 When do you feel the interest rates might begin to lower?
40:20 Can a person who has had a bankruptcy that has been discharged get a mortgage? If you are over 50 years can you get a mortgage and under what conditions?
41:27 What is the maximum age to be able to apply for a mortgage?
42:29 What are the current measures used to decide how much to lend to a first-time buyer? Income, affordability, security of employment or something else?
44:12 How do I know I am eligible for loans/mortgages?
45:24 I’d like to ask about buying mortgage with shared ownership. How it works, and why its so difficult?
47:36 I am 67 and have a £200,000 interest only mortgage. My home would be valued at around £600,000. My existing agreement finishes next year. Do I have any options other than sell up, use the equity to move which I would prefer not to do?
50:13 Outro