Mortgages for non-UK citizens

If you are not a UK citizen, but you are based in the UK and would like to take out a mortgage in the UK, this article is for you! At PIL Southampton, our experienced team of specialist mortgage advisers can guide you through the process. They understand the market, know which lenders to approach, […]

Exploring the New 99% Mortgages from Accord

Are you eager to step into homeownership but hindered by the daunting prospect of a hefty deposit? Accord Mortgages has unveiled an exciting solution – 99% mortgages.    Understanding 99% Mortgages For those unfamiliar with the concept, a 99% mortgage allows homebuyers to secure a loan with just a 1% deposit (minimum £5,000), significantly reducing […]

A guide to gifted deposits

Coming up with a deposit can be the most daunting challenge you face when buying your first home. One option that can prove to be a great solution to this problem is using a gifted deposit. In this article, our expert team of mortgage advisers at PIL Southampton cover all the ins and outs of […]

How does divorce or separation impact your mortgage in 2024?

Separating from your partner, and getting divorced, can be a difficult and stressful time. What happens with the home you shared, and probably bought together, can often cause quite a financial headache. Our knowledgeable, friendly team of mortgage advisers at PIL Southampton is here to guide you sensitively through the process and to ease your […]

A guide to Let-to-buy mortgages

A let-to-buy mortgage is the mortgage product you will need when you decide to rent out the house you are currently living in, in order to buy a new house you want to move into. This process is necessary because it is generally not allowed to have a residential mortgage on a property that you […]

FAQs on retirement mortgages

Although it is true that it can be harder to get a mortgage the older you are, mortgage providers are very aware that this is a growing market and there is a whole range of ‘retirement mortgage’ products available for you to choose from. This could be the perfect option if you are over 50 […]

All you need to know about buy-to-let mortgages

If you have a second property that you rent out, or you are buying a property for the purpose of renting it out rather than living it yourself and need finance to facilitate your purchase, you will need to get a buy-to-let mortgage. This is a different type of mortgage product to the standard residential […]

Can I get a mortgage without a deposit?

If you are one of the many individuals who want to get on the property ladder, confident that you can reliably meet monthly mortgage repayments but you don’t have the means to come up with a deposit, this article is for you. Here, our expert team of experienced mortgage advisers answers all your key questions. […]

Is there an age limit for getting a mortgage?

Mortgages used to be fairly restrictive for the ‘later life’ borrower, but times are changing. Many people are retiring later, and there are also a lot of people who have built up substantial equity through owning a home for decades, which has given them enough financial security to prove they can pass affordability checks. In […]

A spotlight on shared ownership mortgages This Q&A on shared ownership mortgages, also known as ‘part buy, part rent’ mortgages, is brought to you by the expert team of mortgage advisers at PIL Southampton.   What is shared ownership? Shared ownership is a government-backed scheme that helps you to purchase a home by starting off with only buying a share […]