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First Time Buyers - the single biggest factor that’ll effect your mortgage rate. A beginner's guide to how the all too critical Loan-To-Value (LTV) ratio works. For far more & comparisons go to

384,000 Aufrufe • vor 1 Jahr •via X (Twitter)

11 Kommentare

Profilbild von andy m
andy mvor 1 Jahr

Affect. Sorry, couldn't stop myself.

Profilbild von WisdomTree
WisdomTreevor 1 Jahr

Effective financial recommendations begin with clarity. How does this ETF or mutual fund stack up against another? How do portfolios compare in today’s market? The PATH may help to elevate the efficiency of your practice, bringing you added clarity in less time.

Profilbild von Missy UK
Missy UKvor 1 Jahr

More FT buyers should buy with friends, Skipton allow up to 4 applicants. Doesn’t need to be forever, after few years sell up, or cheaper option, buy others out. Also, saving for deposit, many seem, so entitled, they don’t want to flat share, a means to an end. Compromise is key!

Profilbild von GARFIELD JP
GARFIELD JPvor 1 Jahr

Being broke with bad credit affects it 😂

Profilbild von Le Greg 🇫🇷🇺🇦🇬🇧
Le Greg 🇫🇷🇺🇦🇬🇧vor 1 Jahr

Rookie mistake from us at that time: When you're first time buyer: you don't have a chain problem therefore you are in strong position for price negotiation and NO RUSH

Profilbild von peterherrick
peterherrickvor 1 Jahr

Hi - Alphabet car finance day my PCP doesn't qualify for a refund as the finance contract wasn't regulated by the 1974 Consumer Credit Act - is that possible ?

Profilbild von Helical Health
Helical Healthvor 1 Jahr

Please could you mention first time buyer pensioners, perhaps receiving an inheritance. With shared ownership you do not pay rent on 25% of the property's value if you buy 75% of it.

Profilbild von Anjali Ewing
Anjali Ewingvor 1 Jahr

affect, not effect.

Profilbild von James Little
James Littlevor 1 Jahr

@threadreaderapp unroll

Profilbild von Thread Reader App
Thread Reader Appvor 1 Jahr

@MartinSLewis @ATunaMeltOnRye Salam, here is your unroll: Talk to you soon. 🤖

Profilbild von Toby Briggs
Toby Briggsvor 1 Jahr

Is there a reason why thresholds for various things (seem to) go up, but the threshold for Shared Ownership has remained the same for almost 9 years?

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Your salary is no longer an OBSTACLE. Say hello to the “Family Backed Mortgage” designed to help first-time buyers get onto the property ladder. 🏡 With bank of mum and dad drying up, house prices high and affordability tight, this could be a major option for families trying to help the next generation buy their first home! Here’s how it works: A family member supports the mortgage using their income, which increases the buyer’s borrowing power. But importantly… The buyer still owns 100% of the property. Normally, lenders calculate affordability based on the buyer’s salary alone. With a family-backed mortgage, the lender also considers the supporter’s income, meaning the buyer may be able to borrow more than they could alone. The supporter (usually a parent or close family member) is added to the mortgage to support affordability. But they don’t have to be on the property deeds, so they don’t own the home. Over time, once the buyer’s income is strong enough to support the mortgage on their own, the family member can be removed from the mortgage. This means the buyer eventually holds the mortgage independently. Why this matters: • First-time buyers can borrow more • Families can help without gifting huge deposits • Buyers keep full ownership of the home What are the risks? If payments aren’t made, the supporting family member is still responsible because they’re on the mortgage. So it’s important everyone understands the commitment. Conclusion: For families with strong incomes but children struggling with affordability, family-backed mortgages could become increasingly common in the UK housing market. Would you support your child’s mortgage like this? Does this sound appealing? Is this just what you needed to get your first home? 🤔

HeWantsWealth© 🇯🇲📈💸💎

39,520 Aufrufe • vor 4 Monaten