Hove Mortgage Blog

If you’re moving home but want to keep your existing mortgage, porting could be a smart option. What is Mortgage Porting? Porting means transferring your current mortgage to a new property. ✅ Keeps your existing interest rate✅ Avoids early repayment charges✅ No need for a new mortgage application How to Port Your Mortgage 💡 Tip:…

Moving house is exciting, but it requires careful planning. Here’s what you need to consider. 1. Check Your Mortgage Options 2. Factor in the Costs 3. Sell Your Current Home Smartly 💡 Tip: Get a mortgage Agreement in Principle (AIP) before house hunting!

Saving for a deposit is one of the biggest hurdles for first-time buyers. But how much do you actually need in 2025? Let’s break it down. Minimum Deposit Requirements In 2025, most lenders require a minimum deposit of 5%. However, your options improve with a 10% or 20% deposit. For example:If you want to buy…

Hove is a sought-after location for homebuyers, thanks to its coastal charm, strong community, and excellent transport links. However, affordability remains a concern for many first-time buyers. Fortunately, there are affordable housing options and government schemes that can help you get on the property ladder in Hove. 🏡 What Is the Average Property Price in…

Why choose a local mortgage broker?

With more professionals working from home, the way people choose where to live has changed. Hove is benefiting from this shift, as buyers prioritise space, lifestyle, and coastal living over city convenience. 🏡 Why Remote Workers Are Moving to Hove ✔ More Affordable Than Brighton – Slightly lower property prices attract buyers leaving London &…

A mortgage pre-approval (AIP) shows how much a lender is willing to let you borrow. Benefits include: How to Get Pre-Approved: How long does pre-approval last? Usually 60-90 days.

Sustainability is no longer just a buzzword—it’s a key priority for homebuyers and developers. In Hove, eco-friendly housing is on the rise. If you’re looking to reduce your carbon footprint and save on energy bills, here’s how you can make your home greener. ♻️ Key Features of Eco-Friendly Homes in Hove ✔ Solar Panels –…

Self-employed applicants may face stricter lending criteria, but securing a mortgage is still possible. Key Requirements for Self-Employed Mortgages Using a mortgage broker can be highly beneficial, as they know which lenders are more flexible with self-employed applicants.