If a house or flat is classed as ‘unmortgageable’, it means a mortgage provider will not lend money for the purchase of the property. This can be a real problem for sellers, as it significantly reduces the number of potential buyers.
As dictated by Shariah law, Muslims are not permitted to do business using interest. This includes purchasing housing using mortgages with interest repayments. To address this, Islamic mortgage alternatives have become more commonplace in recent years.
Finding a good mortgage deal is not easy, especially these days. However, if you follow these 10 tips, you will put yourself in the best position possible to assess the mortgage market to find one that works for you.
If you are a landlord looking to add to your property portfolio, or if you are not yet a landlord but hope to become one, buy-to-let mortgages are a great way of investing in property and setting yourself up for additional rental income.
In this article, we’ll look at how you can find a good mortgage adviser and how they can help you to compare deals on the mortgage market and submit an application to a lender.
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