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John Lewis to build 10,000 homes

Last year John Lewis the High Street and online retailer which also owns Waitrose announced it was moving into house building. They are not for sale though. The plan is to build up to 10,000 homes for rent on sites they already own.

Support for Mortgage Interest

Support for mortgage interest (SMI) is a government scheme to help struggling homeowners pay their mortgages. It is as you would expect packed with rules for qualification. So it may not be for everyone.

Arrears & Repossession

Arrears & Repossession is not something we ever want to find ourselves having to deal with. None of us intentionally put ourselves in such a position but it happens. This is a review of the process in general.

Understanding an SPV

Understanding an SPV is beneficial for anyone working in or aspiring to work in a part of the mortgage industry that deals with this type of borrower. Here I will explain what it is.

SPV

What is a mortgage prisoner?

Mortgage prisoner is a term heard more often these days, what does it mean? Simply put it refers to those borrowers who cannot due to either current lender restrictions or affordability requirements switch to a different product or lender for a better deal.

Flying Freehold Explained

When it comes to mortgages, what is a flying freehold? It's explained here.