UK Mortgage Lending Rises

UK Mortgage Lending Rises Ahead of a Possible Rate Rise

Those looking to purchase their own property, or even increase a buy to let portfolio, tend to keep an eye on mortgage interest rates, and act appropriately.  But those in the market for a mortgage understand the value in a good deal, and with the possibility of a rate rise looming ever closer, many banks are reporting an increased interest …

What is Support for Mortgage Interest?

What is Support for Mortgage Interest?

Support for Mortgage Interest – usually foreshortened to SMI – is a fairly new Government-sponsored initiative that is aimed at supporting some of the burden of repayment, in the form of financial aid. Designed to help those most in need and receiving benefits, the UK Government website states that “If you’re a homeowner getting certain income-related benefits you might be …