Hove Mortgage Blog

Applying for a mortgage is one of the biggest financial commitments you’ll ever make. Unfortunately, many applicants make mistakes that delay approval or lead to higher interest rates. Here’s what to avoid in 2025. 🚨 1. Not Checking Your Credit Score Before Applying 🔴 Why it’s a mistake: Lenders check your credit history, and a…

A strong credit score can be the difference between getting approved for a mortgage at a great interest rate or struggling to secure a loan at all. In 2025, mortgage lenders remain cautious, making it crucial to improve your credit score before applying. Here’s how you can do it. Why Does Your Credit Score Matter…

Hove’s independent businesses are the heartbeat of the community, offering everything from artisan coffee shops to sustainable boutiques. Supporting local businesses strengthens the local economy and promotes a unique shopping experience. 🛍️ Must-Visit Local Businesses in Hove 1. Flour Pot Bakery – Best for Fresh Baked Goods 📍 Location: Western Road, Hove✔ Famous for handmade…

Thinking about investing in rental property? A buy-to-let mortgage could be the way forward. But is it the right choice for you in 2025? Let’s weigh up the pros and cons. ✅ Pros of a Buy-to-Let Mortgage 1. Passive Rental Income Monthly rent payments provide a stable income stream while building property equity. 2. Long-Term…

If you’re a landlord looking to grow your buy-to-let portfolio, having the right mortgage strategy is key. 2025 brings new opportunities for expansion, but careful planning is essential. Step 1: Review Your Existing Portfolio Step 2: Use Remortgaging to Release Equity If your property has increased in value, you can remortgage and release equity to…

Hove’s beautiful seafront and marine life face increasing challenges due to coastal erosion, pollution, and climate change. Here’s how Hove is protecting its shores and what you can do to help. 🌊 Key Coastal Conservation Efforts in Hove 1. Brighton & Hove Seafront Protection Project ✔ Aims to reinforce coastal defences to prevent erosion.✔ Groynes…

Buy-to-let mortgage rates play a crucial role in your investment returns. With interest rates fluctuating in 2025, landlords must stay informed to secure the best deals. What Are Current Buy-to-Let Mortgage Rates? In 2025, BTL mortgage rates are influenced by:✔ Bank of England base rate – affecting lender pricing.✔ Loan-to-Value (LTV) ratio – lower LTVs…

Hove is home to a vibrant food scene, offering everything from seafood and fine dining to cozy cafés and international cuisine. Whether you’re a local or just visiting, here are the top restaurants in Hove that you must try this year. 🍽️ Best Restaurants in Hove for 2025 1. The Urchin – Best for Seafood…

Investing in property remains one of the most popular ways to build long-term wealth in the UK. But if you’re considering becoming a landlord in 2025, understanding buy-to-let mortgages is essential. This guide will walk you through everything you need to know, from eligibility requirements to securing the best mortgage deal. What Is a Buy-to-Let…

While remortgaging can save you money, there are also hidden costs you need to be aware of. Common Hidden Costs of Remortgaging 1. Early Repayment Charges (ERCs) 2. Valuation & Legal Fees 3. Exit Fees 4. Arrangement Fees 5. Higher Monthly Payments How to Minimise Remortgaging Costs ✅ Start the remortgage process early – Avoid…