Finance in Berkshire
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Mortgages
Home Information Packs Home Information Packs (HIPS)
August 1st saw the launch of the Home Information Packs, or “HIPS” in England and Wales. These packs will be compulsory for all properties on the market with four bedrooms or more. Originally due in June, the “HIPS” have already received much criticism. As a result of this criticism and the need for domestic energy assessors, the HIPS will be slowly phased in starting with larger properties.
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Types of Mortgage Types of Mortgage
There are numerous types of mortgage available and the choices can sometimes be all too overwhelming. In this article I’ll be looking at the more familiar mortgage options.
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Applying for a Mortgage Applying for a mortgage
The fun part of house-hunting is now over, the offer’s been accepted and it’s time to apply for your mortgage!
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How to find your dream property In my first article (Mortgages for first time buyers, where to start?), I briefly discussed the whole property buying process. Now that you know the basics, it’s time to start searching! more
Mortgages for first time buyers Congratulations! The day has finally arrived where you’re ready to jump onto the property ladder! You’ve put savings aside, know your property and location and can’t wait to get started.
The first question that springs to mind is how does it all work? It’s a good idea to read around a bit and fully understand what’s what.
A good place for an unbiased explanation is the DirectGov site. This site provides step by step Q & A’s and doesn’t baffle you with terminology.
Or you could try The Motley Fool site. This is a financial site that gives good tips on a large range of topics.
Once you’ve understood how things work, you of course need to know who is involved. This is usually:
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