The Hudson Rose Blog

The question of ‘How long do I need to have been self-employed for?’ is one we hear most frequently. Mortgage lending is a cautious activity and the last thing lenders want is to repossess your home. As such they look for a track record in running your own business and the best way to do […]

It’s been a couple of weeks now since the government announced that they will be supporting lenders to be able to start offering 95% mortgages again. The scheme will be slowly starting to kick in over the coming weeks, so what could it mean for those who have previously struggled to get on to the property ladder?  First […]

Thinking about what would happen if you were to become seriously ill or even die is not something most of us want to give much time to. Going so far as to get your finances in order, should the worst happen, is certainly a bridge too far for many. But having the right protection in […]

This month at Hudson Rose, we’ve been focussing on remortgages and it occurred to me that sometimes the best thing is to go right back to basics. So today I wanted to explain what the term ‘remortgage’ actually means. In its simplest terms, a remortgage is either changing your mortgage from one provider to another, […]

Today I wanted to talk to you about maternity leave and how that might affect your ability to get a mortgage or how much you can borrow.   A lot of people think that by saying that they’re going on maternity leave or revealing that they are already on maternity leave means that they won’t […]

Struggling to get on the property ladder? Here are 5 ways your family might help you buy your first home Bank of Mum and Dad- Not raided the parents (or grandparents)’ cash reserves lately? Invite them over for a roast and a few sherries and broach the subject of gifting you a deposit. You can […]

Today I want to address a question that I’ve been asked probably more than any other over the last 13 years, how long does it take to get your mortgage offer? There’s no right way to answer this question because every lender is different, but the stock answer for me is anywhere between 4 to […]

Mortgage affordability is the term we use when we’re talking about the amount of money a lender is going to lend you. It’s come a long way since the old days when it was simply a case of multiplying your income. Back then it would either be three and a half times your single income […]

Today I want to talk about credit and credit scoring.  If you’re a first time buyer, I’ve got three tips that will help you up your credit score and get the mortgage you need. These are really simple things that are often over looked.   1. Get on the electoral roll The first tip is […]

Back in March the Chancellor announced that, as part of the economic policy to get us through Covid-19, mortgage lenders are going to offer up to three months’ payment holidays for those that are in difficulty. That’s really good news and I wanted to give you a bit more information about it because we all […]