Mortgages

Saving for a deposit is one of the biggest hurdles first‑time buyers face. With UK house prices rising steadily, many wonder if they’ll ever save enough. The good news? You don’t always need a huge deposit

Getting a mortgage as a contractor in the UK doesn’t have to be complicated. While traditional lenders often struggle to assess non‑standard income, specialist lenders and brokers now offer flexible solutions for contractors paid through CIS, fixed‑term contracts, day rates, or umbrella companies. Here’s everything you need to know about contractor mortgages.

The Challenge of Complex Income in Mortgage Lending If you earn well but you have a complex income structure or it isn’t straightforward on paper, you’ve probably already discovered something surprising: the more successful your financial life becomes, the more complicated mortgage lending can get. For borrowers seeking £1m+ mortgages , clarity, speed, and precision are essential. Yet many high‑street lenders simply aren’t built to understand income that comes from multiple s

What Can Stop You Getting a Mortgage in the UK? Here's how to overcome the hurdles.

Finding the right mortgage can feel like a big task, but it doesn’t have to be. At Well Financial, we make the process simple, transparent, and stress-free. Whether you’re buying your first home, moving house, or just starting to explore your options, this guide covers everything you need to know about mortgages in the UK - from how they work to how much you could borrow. When you’re ready, use our mortgage calculator for a quick estimate, or book a free appointment with on

A Complete Guide for First-Time Buyers Buying a home is one of the biggest financial steps you’ll ever take. For many first-time buyers, it’s also one of the hardest. With house prices outpacing wage growth and deposit requirements remaining high, it’s no wonder so many people ask: can parents help with a mortgage? The short answer is yes - there are several ways your parents can help you onto the property ladder. From gifting money to acting as a guarantor, the “Bank of Mum

The TikTok Claim in a Nutshell The viral TikTok says: “split your monthly payments into two bi-weekly payments and and you'll pay off your mortgage potentially 11 years earlier" Let’s unpack and fact check all that. 1. The Biweekly “Extra Payment” Trick: Fact vs Fiction True : Paying every two weeks does usually result in 26 half‑payments per year - equivalent to 13 monthly payments. That extra one helps lower interest and term length. This biweekly mortgage "hack" promoted o

Navigating the mortgage market can be daunting - especially when your circumstances don’t fit the so-called “ideal borrower” profile. At Well Financial, we understand that real lives aren’t always straightforward , and neither should your mortgage advice be. In this article, we explore tailored solutions for single parents, recently separated individuals, self-employed professionals, and those with credit challenges—plus how landlords with growing portfolios can access better

Essential Mortgage Checklist for First-Time Buyers ✅ Proof of ID & Address – Passport or driving licence, plus a recent utility bill or bank statement. ✅ Proof of Income – Payslips (usually last 3 months) or tax returns if self-employed. ✅ Bank Statements – Typically 3–6 months to show financial stability. ✅ Credit Report – Check your credit score and resolve any issues before applying. ✅ Deposit – Aim for at least 5–10