WIS Team, Author at WIS Mortgages

Bridging Loan Alternatives: What Are Your Options? (UK Guide)

May 15, 2026

A bridging loan can be useful when speed is needed, but it is not the only option. Depending on your circumstances, alternatives may include a mortgage, further advance, secured loan, development finance, personal funds, or family support. The right route depends on timescales, property type, and repayment plans.

Bridging Loan for Auction Properties: (The UK Guide)

May 15, 2026

A bridging loan is commonly used for auction property purchases because auction buyers often need to complete quickly, usually within 28 days. Bridging finance can provide short-term funding to secure the property, with repayment often through sale or remortgage once the property is ready.

Does a Bridging Loan Affect Your Mortgage Application? (UK Guide)

May 15, 2026

Yes, a bridging loan can affect your mortgage application, but not always negatively. UK lenders will usually assess the reason for the bridging loan, your repayment history, current outstanding balance, and whether it impacts affordability. A well-managed bridging loan with a clear exit can be acceptable in many cases.

Why Is a Solicitor Involved in a Remortgage? Free Legals vs Cashback Explained (2026 Guide)

May 8, 2026

A solicitor is required in most remortgages to handle the legal transfer of your mortgage from one lender to another. Many lenders offer “free legals” or a “cashback” option to cover these costs. Choosing the right option depends on your priorities: cost, speed, and control.

The Legal Side of Buying a Property: What Your Solicitor Actually Does (2026 Guide)

May 8, 2026

Your solicitor (or conveyancer) handles the legal side of your property purchase. They check ownership, review contracts, carry out searches, liaise with your lender, and ensure the property is legally transferred to you. Without this process, the transaction cannot complete.

Property Searches Delaying Your Purchase? How to Speed Them Up in 2026

April 30, 2026

Property searches are one of the most common causes of delays in the buying process. While some delays are outside your control, there are practical steps you can take to speed things up and avoid unnecessary hold-ups.

Online vs Physical Mortgage Valuation: What’s the Difference in 2026?

April 24, 2026

Lenders use either online (automated/desktop) valuations or physical inspections to assess a property’s value. Online valuations are faster and cheaper, while physical valuations are more detailed and used for higher-risk or complex cases.

Do You Really Need All Property Searches? What You Can and Can’t Skip in 2026

April 24, 2026

If you are buying with a mortgage, property searches are not optional. Lenders require them to assess risk. Cash buyers can technically skip some searches, but doing so carries significant risk and can lead to costly issues later.

Can You Get a Mortgage on a Zero-Hour Contract in the UK (2026 Guide)

April 24, 2026

Yes, it is possible to get a mortgage on a zero-hour contract in the UK. While income may not be fixed, many lenders will consider applications where there is at least 12 months’ work history, consistent earnings, and clear supporting documentation such as payslips and P60s. What is a zero-hour contract? A zero-hour contract is […]

Can You Use a Gifted Deposit from Overseas to Get a Mortgage in the UK

April 24, 2026

Yes, you can use a gifted deposit from overseas to buy a property in the UK. Many lenders accept this, provided there is clear documentation, a verified source of funds, and a proper gift declaration confirming the money does not need to be repaid.

Author: WIS Team