What is equity release and how does it work?
For many people their biggest asset is their home, however, money can be tied up in property when it is needed for everyday life. Unlocking value via equity release is a growing option being considered …
Are UK homebuyers running out of time to meet the stamp duty deadline?
If you are currently buying or selling your home at the moment, you will be very aware of the looming deadline of the government’s stamp duty holiday. At Resolve Financial Solutions, we are certainly finding …
Are UK homebuyers running out of time to meet the stamp duty deadline? view more
What is a mortgage in principle?
Find out all you need to know about a mortgage in principle below and how they work. A mortgage in principle is a certificate or statement from a lender to say that ‘in principle, they …
Help-To-Buy Scheme: How does it work?
The help-to-buy scheme is a government initiative to help first time home buyers purchase a property with just a 5% deposit. How does the help-to-buy scheme work? The scheme offers an equity loan …
Does stamp duty apply to a limited company?
Since July, the housing market has benefited from the stamp duty holiday but does it apply to limited companies, second homes or buy-to-lets? First-time buyers of properties worth £500,000 or less were exempt from paying …
How is a mortgage calculated?
When thinking about applying for a mortgage there are a number of things you should consider. Mortgage providers look at your income and outgoings to see if you can afford the repayments if interest rates …
Stamp duty holiday
On the 8th July 2020, as part of his plan to boost the economy and property market, the Chancellor, Rishi Sunak, announced an immediate temporary holiday on stamp duty on the first £500,000 of all …
Mortgages – how much can I borrow?
When it comes to taking out a mortgage the two most common questions that come up are ‘How much can we borrow?’ and ‘What’s it going to cost?’. We explain how you can help answer …
Mortgage payment holiday – important info
Due to the economic impact of the Coronavirus, Chancellor Rishi Sunak announced earlier this week that mortgage holders struggling with being able to afford their mortgage payments, likely as a result of a reduction in …
Mortgage application process
We all know that buying and selling a property is one of the most stressful life events. Whether you are a first-time buyer, moving or remortgaging, when it comes to the mortgage process it can …