Fixed Mortgage vs Tracker Mortgage in 2026: Which One Could Save You Thousands?
Key Takeaways Here Is a Fact That Might Surprise You Around 1.8 million UK homeowners will see their fixed rate mortgage expire this year. Many of them will simply do nothing, drift onto their lender’s Standard Variable Rate and quietly pay hundreds of pounds more each month than they need to. Do not be one […]
The Hidden Costs of Buying a Home in 2026: From Stamp Duty to Solicitor Fees, Don’t Get Caught Out
Buying a home is one of the most exciting steps you will ever take. It is also one of the most expensive, and not always in the ways people expect. Most buyers focus on saving for a deposit and securing a mortgage, which is completely understandable. What often catches people off guard are the additional […]
What are Tenants in Common? Benefits and Drawbacks
Key Takeaways Buying a property is often the largest financial commitment you will make in your lifetime. Amidst the excitement of viewings and the stress of mortgage applications, your conveyancer will eventually ask you a critical question: How do you wish to hold the property? It sounds like a minor administrative detail, but ticking the […]
What do you need to know about the Source of Funds?
Key Takeaways regarding Source of Funds: When you’re buying a property in the UK, you’ll likely come across the term Source of Funds or SOF during your mortgage application. Many first time buyers are not aware of this process and this sometimes creates problems during the property purchase journey. This blog will provide everything you […]
Income Booster Mortgage – A secret weapon to unlock your property journey.
If you have spent any time navigating the current UK Property Market, you may have felt the sinking feeling due to the unaffordability issues. You have the deposit saved, you have a solid career, and you have found the perfect home. But then comes the affordability check. The lender’s calculator spits out a number that […]
Taxes When Buying a House: What You’ll Need to Pay in 2026
First-time buyer relief is designed to help those entering the market, but it is strictly capped. If you are buying a first home for £500,000 or less, you pay 0% on the first £300,000 and 5% on the portion between £300,001 and £500,000. However, if the purchase price is even £1 over £500,000, you cannot […]
How Much Mortgage Can I Get? Your Complete UK Guide to Affordability and First-Time Buyer Tips
Dreaming of your first home but unsure how much mortgage you can actually get? With house prices still climbing and interest rates shifting, working out affordability in 2025 and beyond can feel tricky. This straightforward guide explains everything clearly from income multiples and stress tests to the latest government schemes that could help you get […]
Help to Buy ISA vs Lifetime ISA: Which is Best for First-Time Buyers in 2025?
As a first-time buyer in the UK, saving for your deposit can feel overwhelming, especially with rising property prices. Government-backed schemes like the Help to Buy ISA (HTB ISA) and Lifetime ISA (LISA) offer valuable bonuses to help you get on the property ladder. But with recent announcements in the Autumn Budget 2025, it’s essential […]
What is a Mortgage?
In the UK, buying a home is one of the biggest financial steps most people take. For the vast majority, it’s not possible to pay the full price upfront. This is where a mortgage comes in. At Kings Gate Finance, we help potential homeowners, landlords, and property investors understand and secure the right mortgage deals. […]