Scott Nelson - Founder of MoneyNerd
Posts by Scott Nelson:
Secured loans for the self-employed: income evidence and accounts
Self-employed applicants may need alternative income evidence if formal accounts are unavailable. This guide explains what to check before applying for secured borrowing. In this easy-to-understand guide, we’ll explain: Some lenders accept specified alternative evidence, but a lack of accounts does not mean a regulated mortgage can be obtained without proving income and affordability. Check […]
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Enhanced Equity Release – What You Should Know
Are you curious to learn about enhanced equity release? You've come to the right place. In this guide, we'll explain: We know that equity release can seem tricky. But don’t worry; we’re here to make things easier. Our guide is full of useful tips to help you understand the process better. This guide explains enhanced […]
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Does A Secured Loan Affect Remortgaging? Full Guide
Secured loans and remortgaging can seem quite puzzling. But don't worry; we're here to make things clear. In this simple guide, you’ll find out: We understand that you might be worried about these things, as many people are in the same boat. But remember, you’re not alone; we’re here to help you make sense of […]
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Second charge mortgage interest and landlord tax relief
Understand when borrowing costs may qualify for rental-property tax relief, the basic-rate restriction and why specialist tax advice matters.
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Are Lifetime Mortgages a Good Idea? – Guide, Advice & More
Are you wondering if getting a lifetime mortgage is a good idea? You're not alone – many people feel unsure about this important decision. In this guide, we’ll explore: We know that thinking about mortgages and retirement can be confusing. But don’t worry; we’re here to give you clear, easy-to-understand advice. How does a lifetime […]
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Borrowing against a mortgage-free home: eligibility and risks
Secured loans can be a bit tricky, especially when it comes to an unencumbered property. But there's no need to fret. This guide is here to help you understand what it all means. In this guide, we’ll look at: We know that dealing with money can feel tough. You might be worried about debt or […]
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Can a Second Mortgage Be Refinanced? Complete Guide
Are you interested in a second charge mortgage? You're in the right place to learn about it. In this guide, we’ll look at: You may be worried about the details of a second charge mortgage. That’s okay. We’re here to help you figure things out. Let’s dive in. What is refinancing a mortgage? Refinancing a […]
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Equity Release No Early Repayment Charges – Is It Possible?
Equity release no early repayment charges – do they exist? We take a look at the possibility of taking out a lifetime mortgage or home reversion scheme without being subject to early repayment charges. You might be surprised at what’s on offer – read on for details. What is equity release? A lifetime mortgage is […]
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Debt consolidation loans with poor credit: comparing options
Have you been searching for debt consolidation loans for bad credit direct lenders? If you want to consolidate but are worried that your credit score is holding you back, there may still be options to explore. I uncover some examples of bad credit debt consolidation loans – and some alternative options that could work for […]
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Home equity loans and bankruptcy in the UK
How bankruptcy can affect a secured home loan, your property, a mortgage shortfall and future borrowing. England and Wales rules explained.
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Family Equity Home Loan – Good Idea or Debt Trap?
Family help can support a home purchase, but a gift, loan and ownership investment have different legal, lending and tax consequences. In this article, we’ll explain: This guide explains the main options, conditions and risks to discuss with a qualified adviser. Learning about family equity home loans might feel scary. But once you understand how […]
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Home-secured loan rates: how to compare costs
A home-secured loan’s cost depends on the actual product, property and borrower. This guide explains how to assess an offer without relying on an outdated headline rate. When comparing an offer, check: A lower monthly payment can mean a longer term and a higher overall cost. Obtain an appropriate personalised illustration and compare equivalent amounts […]
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Mobile Home Equity Loan – Is It Possible?
Are you thinking about a mobile home equity loan? Is it possible in the UK? This article aims to answer your questions and ease your worries. We’ll explore: It's normal to feel unsure about this big step. We know it’s a big choice, but we’re here to help you understand all about mobile home equity […]
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Release Equity to Pay off Debt
This guide explains the costs and risks of using property equity to repay debt and the alternatives to discuss with a free debt adviser. In this article, we’ll explain: We know that equity release might sound tricky. Maybe you’re worried about the risk to your home or not sure if it’s the right choice for […]
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Equity Release Providers Northern Ireland
This guide explains how to check equity-release availability in Northern Ireland and compare the relevant costs and conditions. We know that you might have some worries about equity release, such as your money situation and possible pitfalls. You're not alone. In this article, we’ll cover: Let’s get started on your journey to understanding equity release […]
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Equity Release for Over 70s – Detailed Overview
Are you eager to learn about equity release for people over 70? You've come to the right place. This article will teach you about: Equity release might seem tricky. That’s okay; we understand and are here to help you learn. We’ve got lots of simple advice to help you understand how it all works. Our […]
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Can You Get Equity Release on a Leasehold Property?
Wondering if you can get equity release on a leasehold property? You've come to the right place. We're here to clear up your confusion about this process. In this article, we’ll explain: This guide explains leasehold eligibility and the conditions to check with the provider and your independent solicitor before proceeding. So, let’s dive in […]
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Secured Loan Application Process – Step by Step Guide
Are you keen to know how a secured loan works? Worry not, as we've got all the details sorted for you. Our goal is to make this process as clear as possible for you. In this simple guide, we’ll explain: We know that loans can be scary and you may be worried about getting into […]
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Home Equity Loan to Pay Off Debt – Complete Guide
If you’re asking “Can I use equity to pay off debt”, then this guide is for you. We’re going to help you understand the world of home equity loans. We’ll explore: We know that figuring out the best way to handle debt can be a bit scary. That's why we're here to help you make […]
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Interest-Paying Lifetime Mortgages and RIO Mortgages: Differences and Risks
"Are you curious about the idea of interest-only equity release? You're not alone. Here’s what we’ll cover today: We know that the process of equity release can seem tricky, but there’s no need to worry. We’re here to help, and we’ve got plenty of helpful tips and guides to walk you through it all. We […]
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