Hove Mortgage Blog

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 rolling…

Hove is known for its beautiful parks, providing green space for relaxation, exercise, and family outings. 🌳 Best Parks in Hove 1. Hove Park ✔ Large open space with playgrounds and a running track.✔ Home to The Goldstone, a famous rock formation. 2. St Ann’s Well Gardens ✔ Beautiful gardens and wooded areas.✔ Café, tennis…

If you’ve built up equity in your home, you may be able to remortgage to access cash for renovations, debt consolidation, or other needs. How Does Equity Release Through Remortgaging Work? How Much Equity Can You Release? Lenders typically allow 75-90% Loan-to-Value (LTV).For example:If your home is worth £300,000 and your remaining mortgage is £100,000,…

Hove has excellent transport links, making it easy to travel around the city and beyond. Whether you’re commuting to Brighton, London, or exploring Sussex, here’s a guide to public transport in Hove. 🚆 Train Services from Hove ✔ Hove Station → Brighton: 4-minute journey.✔ Hove Station → London Victoria: 1 hour 10 minutes.✔ Aldrington Station…

Buying your first home? The UK government continues to offer several schemes to make homeownership more affordable. 1. First Homes Scheme 2. Mortgage Guarantee Scheme 3. Shared Ownership Scheme 4. Lifetime ISA (LISA) 💡 Tip: Research these schemes early to boost your chances of homeownership!

Thinking about releasing equity? Compare remortgaging, further advances, second-charge loans, RIO and lifetime mortgages. Costs, risks and next steps for Hove homeowners. If you have built up equity in your home and want funds for improvements, gifting to family, clearing expensive borrowing or boosting retirement income, 2025 offers several ways to access that value. The…

If you’re moving to Hove with children, choosing the right school is a top priority. Fortunately, the area has excellent primary and secondary schools, many rated Good or Outstanding by Ofsted. 🏫 Best Primary Schools in Hove School Name Ofsted Rating Notable Features West Hove Infant School Outstanding Excellent early years education Goldstone Primary School…

If you’re feeling the pinch of high monthly mortgage payments, remortgaging could be the solution. Here’s how it can help you cut costs. Ways Remortgaging Can Lower Your Monthly Payments ✅ Switching to a Lower Interest Rate Many homeowners who took out mortgages at higher rates may now have access to better deals.Lower rates =…

Remortgaging is one of the best ways to save money on your mortgage, but timing is everything. With interest rates fluctuating and lender policies changing, is now the right time to remortgage? Let’s break it down. Why Consider Remortgaging? Remortgaging means switching your mortgage to a new lender (or renegotiating with your current one) to…

Hove is known for its stunning architecture, blending Regency-era buildings with Victorian, Edwardian, and Art Deco designs. If you’re fascinated by history and beautiful homes, here’s a walking guide to some of Hove’s most iconic architectural spots. 🏛️ 1. Brunswick Square (Regency Architecture) ✔ Built in 1824-1830, showcasing classic Regency terraces.✔ Features stucco facades, grand…