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After the Bank of England dropped its base rate back in February from 4.75% to 4.5%, anticipation was high for the Bank’s March meeting. Would it drop rates again or err on the side of caution? On March 20, 2025, the Bank of England announced that it was holding its base rate at 4.5%. It … Read more

If you’re thinking about applying for a mortgage, you will likely have heard the term ‘credit score’ bounded around. You’ll likely have heard that you will need to have a ‘good’ credit score for lenders to consider your mortgage application. Your credit score can have a massive impact on how you live and the financial … Read more

On February 6, 2025, the Bank of England announced it had cut its base rate from 4.75% to 4.5% – the lowest base rate it had set since June 2023. The base rate reduction intends to boost spending and make borrowing money cheaper as the UK economy grapples with rising inflation. What does it mean … Read more

When it comes to house prices and mortgages, 2024 was a bit of a whirlwind for homeowners and those looking to buy. House prices stayed up. Most spent the year eagerly waiting to see if mortgage interest rates would drop, and the last quarter saw some movement in the right direction for borrowers. However, the … Read more

In October 2024, the UK government announced that the Stamp Duty Land Tax (SDLT) rate will change from April 1, 2025, affecting homebuyers in England and Northern Ireland. In 2022, the Conservative government introduced a stamp duty holiday to help first-time buyers and kickstart the economy and housing market post-pandemic. Fast forward nearly three years … Read more

Adverse credit can be easy to fall into. Your circumstances could unexpectedly change, leaving you struggling to keep up with monthly repayments for any credit or loans you might have. Before you know it, your credit score has taken a nosedive, and these missed payments are on your credit file. Having poor credit can leave … Read more

An investment property makes sense for increasing your wealth over time. You might not find this as easy as you’d originally thought as a doctor, though – and that’s likely because of your inability to secure the mortgage you need. It is all due to how banks view medical professionals. While most people respect the … Read more

Does saving for a house deposit feel out of reach? Are you fed up with paying extortionate monthly rent and don’t see a way out? Or do you want to use your savings for something else? With a recently available no deposit track record mortgage, you might be able to achieve your homeownership dreams sooner … Read more

If you’ve decided to become a doctor, there will be many positive parts to qualifying – you’ll be able to help your patients, you’ll have proper qualifications, and, even though it might not be your main concern, you’ll be able to access mortgage deals and finally buy the house of your dreams (or at least … Read more

Getting a mortgage is often looked at as a huge milestone in someone’s life – it shows you’ve ‘made it’ (at least that’s how it feels), and it symbolizes a successful and positive life and, of course, a future to match. However, for doctors working in the UK on a tier 2 visa, that mortgage … Read more