What is the Timeframe for Obtaining a Bridging Loan?
There is a wide range of time frames in which a bridging loan might close, from three days to two weeks. It's possible to close a bridging loan in a single day by us, though this is extremely unusual. Working with an experienced mortgage broker Essex like We Do Mortgage and being well-prepared...
21 June 2023
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Additional Resources for the Stamp Duty Calculator
Supplemental Materials for the Stamp Duties Estimator
As per the mortgage advisor Essex, a tax known as the Stamp Duty Land Tax (SDLT) is levied on any real estate transaction that occurs in England or Northern Ireland and exceeds a certain price threshold. A new stamp duty schedule was implemented...
15 May 2023
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What Factors to Consider When Choosing a Bridging Loan?
Two real estate transactions in progress may be difficult to close on the same dates. Another possibility is that you need to make a buy at an auction but are now short on cash. According to Mortgage Essex, although it is risky, a bridging loan could be helpful here. The purposes, costs, benefits, a...
15 May 2023
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What to Do if You Want to Purchase a New Home Before Your Current Home Has Sold?
No doubt, these days real estate markets are really competitive. Planning to buy a new house after selling your own? Guess you require a down payment from the selling of your current property. Isn't that so? Well, it can be all frustrating, especially for those who have a limited amount of time befo...
14 April 2023
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How to Negotiate a Balance Transfer When Switching Home Loan From One Bank to Another?
How eager are you when a reduced rate is advertised to switch your house loan to a new lender? You are more likely to obtain a better bargain with a new lender for your home loan needs as the normal length of a mortgage is between 5 and 30 years. But, as a homeowner, you could feel as though switchi...
14 April 2023
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Things to Consider for Paper Work Related to Real Estate
Talking about documentation, every country follows a very strict and lengthy procedure. And when talking about owning a property, major documentation needs to follow. Be it any property, it is essential to have a good understanding of paperwork. It also means what each document says, as signing blin...
14 April 2023
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Navigating the Mortgage Industry in Essex: Benefits of Mortgage Brokers and Bridging Finance
Essex is a beautiful southeast English county, and its real estate market is thriving. However, for Essex homebuyers, the mortgage industry can be a source of confusion. Mortgage brokers and bridge lenders can assist you in closing profitable real estate transactions.
A mortgage broker is a...
17 March 2023
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Smart Financing for Your Second Home: The Importance of Remortgage Quotes and Stamp Duty Calculators
Are you planning to purchase a second house? Even while it may be exciting to consider buying a vacation home, it's crucial to be sure you're doing the right thing financially. The cost of stamp duty is among the highest outlays associated with buying a second home. Calculators for stamp duty and re...
17 March 2023
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Don’t Have A Credit Score- Can You Still Get a Mortgage Loan?
Don’t Have A Credit Score- Can You Still Get a Mortgage Loan?
Mortgage loans are an essential aspect of buying a home, but what if you don't have a credit score? Can you still get a mortgage lo...
24 February 2023
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