Mortgage news

TL;DR: Can you remortgage an HMO? Yes, you can remortgage an HMO. When your current deal ends or your fixed rate expires, you can switch to a new HMO mortgage with your existing lender (a product transfer) or move to a different lender to release equity, cut your rate, or fund another purchase. HMO remortgages are assessed differently from standard buy-to-let. Lenders look at the property's rental income against an interest coverage ratio (ICR), your HMO licence status, the n

TL;DR: Yes, you can get a mortgage when you are self-employed in Kent. Most lenders want two to three years of accounts, assessed through your SA302 tax calculations, and will typically lend around 4 to 4.5 times your income. A handful of specialist lenders accept one year of trading if your income is strong and your deposit is larger. How each lender counts your income varies enormously, which is why self-employed applicants in Medway, Rochester and across Kent usually get a

Saving a deposit while paying Medway rent can feel impossible. A 5% deposit mortgage UK lenders offer could get you onto the ladder sooner. This guide explains how 95% mortgages work in 2026, what they truly cost, and who they suit. You will learn the deposit needed for a Medway home. Expect an honest look at the pros and cons. By the end, you can decide whether to buy now or keep saving. What is a 5% deposit mortgage? A 5% deposit mortgage is a home loan covering 95% of a pr