When it comes to mortgages, understanding the factors that influence fixed rates can be crucial for making informed financial decisions. One such factor is the swap rate. In this blog, we’ll delve into what swap rates are, how they work, and their relationship to...

Maternity leave is a thrilling chapter in life, filled with anticipation and joy. However, it can also bring about some concerns, especially when it comes to securing a mortgage. If you’re on maternity leave and looking to buy a home, understanding how lenders view...

Taking your next step on the property ladder can be both thrilling and daunting. Whether it is your first move since buying your initial home or you are returning to the market after many years, the process can feel overwhelming. From dealing with solicitors and...

Navigating the property market can be daunting, especially for first-time buyers. Shared ownership mortgages offer a unique opportunity to get your foot on the property ladder, making homeownership more accessible. However, the process can be complex, so it is...

At Riach Financial, we firmly believe that understanding your options for protection against unexpected life events is crucial. While it’s hard to imagine something happening to us, the reality is that life can throw curveballs. The best way to alleviate worry is to...

Is Your Existing Mortgage Deal Coming to an End Soon? If your mortgage deal is nearing its expiration, now is the perfect time to explore your options. Transitioning to your lender’s standard variable rate (SVR) can lead to significantly higher payments, so taking...

Investing in property can be a lucrative way to generate extra income and build an asset for future generations. However, navigating the world of Buy to Let (BTL) and Let to Buy (LTB) mortgages can be complex. This guide aims to provide you with essential information...

Introduction Buying a new home is an exciting milestone, but it’s essential to be aware of the various costs involved beyond the property price. Whether you’re a first-time buyer or a seasoned homeowner, understanding these expenses will help you plan better. Let’s...

Applying for a mortgage in principle (MIP) can be an exciting step towards owning your home. However, it can be disheartening if your application is declined. Understanding the reasons behind a refusal can help you address any issues and improve your chances in the...

1. Affordability Assessment: Before you start house hunting, it’s crucial to assess your affordability. Consider your income, expenses, and any existing debts. Consult a Mortgage Adviser to evaluate how much you might be able to borrow based on your financial...