Welcome to our mortgage centre. We’ve teamed up with London & Country Mortgages Ltd (L&C), who know a thing or two about mortgages, to provide you with some handy tools. These allow you to calculate how much you can afford and what your monthly mortgage payments will be.

Not as much fun as looking at nice properties, we agree, but crunch some numbers and you’ll be more likely to keep your feet on the ground … however much your head may be in the clouds.

Mortgage calculators How much can I borrow? What will my monthly costs be? What will happen if mortgage interest rates rise or fall? How much will I pay in stamp duty when I buy a property? How much can I borrow on a buy to let mortgage? How much rent do I need to charge to finance a buy to let mortgage?

fixed | discount/tracker | capped | offset | buy-to-let What is a fixed rate mortgage? With a fixed rate mortgage, the interest rate of the mortgage remains the same for a period of time – often 2 years, but can be longer. read more What is a fixed rate mortgage? With a fixed rate mortgage, the interest rate of the mortgage remains the same for a period of time – often 2 years, but can be longer. In recent years, the Government has tried to stimulate interest in long-term fixed rate mortgages, but borrowers’ habits indicate that they prefer not to be tied in to their mortgage for too long. The fixed rate mortgage is favoured by those who like to know exactly what they are paying each month. close panel Lender Initial rate Subsequent Rate Overall cost for comparison (APR) Mortgage type / term Early repayment charges Max % LTV Fee Britannia 5.89 6.80 6.70 Fixed for 5 years 6% reducing to 1% for 5 years 75 999 First Direct 5.95 6.00 6.20 Fixed for 3 years 3% reducing to 2% for 3 years 80 598 Kent Reliance 5.98 5.98 6.30 Fixed for 25 years 3% for 25 years 75 995 Market Harborough 5.99 7.15 7.20 Fixed for 2 years 3% for 2 years 80 844 Woolwich 5.94 5.95 6.30 Fixed until 31/10/18 6% until 31/10/18 60 995

Property News Ten Tips To Survive Mortgage Payment Problems The CML, Citizens Advice and Shelter have come up with ten tips to help struggling homeowners get through the tough times... more   Fix, Cap, Or Track? House prices are falling but inflation is rising, so what should borrowers do? Fix, cap, or track?... more   Lending Still Low Lending continued to be subdued in June, says the CML (Council of Mortgage Lenders)… more   Crosby Still; Lenders Gnash An independent review into the mortgage market has received a lukewarm response from the industry… more	How-to Guides Beginner’s Guide: Remortgaging Rates have jumped to 5.5 per cent and may climb to 5.75 per cent. But remortgaging can help you beat the rises.... more   Beginner’s Guide: Mortgages The choice has never been greater, but, for British homebuyers, finding the right mortgage has also never been more complicated... more   Currency Exchange: A Beginner's Guide Forget banks. Brits who own property abroad are making big saving by using currency exchange specialists... more   Beginner's Guide: Renting A Room in Your House Whether it's full-time, part-time or just once a year, tax-saving breaks mean having a lodger can leave you seriously better off... more	Property Articles Help! I Need A Mortgage There’s no doubt that the days of easy borrowing are over, but is the situation really as grim as the headlines suggest? We asked three of the country’s leading mortgage experts… more   New Year, New Mortgage! Shock waves from the credit crunch across the Atlantic are being felt by those who need to remortgage this year, but it’s not all doom and gloom if you know what you’re doing… more   Multiple Mortgage Choices Five-times your income or a fifty year loan sound tempting, but are they a welcome opportunity for desperate first-time buyers, or a risky gamble?... more   A First Foot On The Ladder Life remains difficult for first-time buyers. But there's more than one way to get a toe-hold on the bottom rung of the property ladder... more
more property news	more guides	more property articles