Mortgages guides

What kind of mortgage are you looking for?

The Shared Ownership Scheme

In an attempt to help more people get onto the property ladder, the Government has instituted a series of Help to Buy schemes that can assist first-time buyers with purchasing a home. One of those is the Shared Ownership Scheme – and to help you get an idea of how that works, TotallyMoney have put together this straightforward guide.

Find Out About Fixed-Rate Mortgages

Fixed-rate mortgages offer the security of knowing exactly what you’ll pay each month but you’ll probably pay a premium for that luxury. Find out if a fixed-rate mortgage is for you with this guide.

Is a Tracker Mortgage Right for You?

Tracker mortgages tend to offer you lower rates in return for taking a chance on mortgage interest rates stay low. But, if rates start to rise you’ll be hit with higher repayments. Find out if a tracker mortgage suits your needs with this guide.

How to Maximise your Mortgage Deposit

Thinking of buying a house? The size of your deposit is key to saving tens of thousands of pounds over the life of your mortgage. Here we explain the importance of saving as much as possible before you buy a home, and how you can make your cash grow.

How to Buy with a Small Deposit

Buying a house is an expensive business, but it’s possible to do it with a small amount of savings. In this guide we explain everything you need to know about buying with a low deposit, including how to find the cheapest deal.

Buying vs Renting: Which is Best?

Instead of throwing away thousands of pounds a year on rented accommodation, maybe it’s time you invest and take your first step onto the property ladder.

The Truth About Discount Mortgages

A discount mortgage can lure borrowers in with tantalising low interest rates,, but there are downsides to consider. Is a discount mortgage for you?

An Introduction to Mortgages

Pick the wrong mortgage and you could end up paying £1,000s in unnecessary fees and interest. But finding the right mortgage isn’t difficult and once you know the basics the mortgage world will become a lot easier to navigate. Read on to discover the key to picking the right mortgage for you.

Save with an Offset Mortgage

A lesser-known gem of the mortgage world, offset mortgages allow you to reduce the amount of interest on your mortgage by using your savings. Read out guide to find out how.

The Best Way to Repay Your Mortgage

When you take out a mortgage you must choose how you are going to repay it. You can either go for an interest-only or a repayment mortgage. Read our guide so you can make an informed decision about how to pay back your mortgage.

How to Find a Mortgage

Choosing the right mortgage can save you £1000s, but where to start? This guide will teach you how to use brokers and comparison websites to find the best mortgage deal.

Getting a Mortgage if You’re Self-Employed

It’s hard, but not impossible. If you work for yourself and are looking to remortgage or buy a new home, find out how you can get the right mortgage for your circumstances with this guide.

How to Boost Your Mortgage Borrowing Power

Your dreams of buying your perfect home can often be curtailed by a lender’s tight purse strings. If you are struggling to borrow as much money as you would like read on for tips on how you can make yourself more attractive to lenders and increase your chances of getting a bigger loan.

The Hidden Cost of Fee-Free Mortgages

Beware anything that claims to be ‘free’. Fee-free mortgages can have higher interest rates than other mortgage options. Find out what you need to know when considering a fee-free mortgage.