Near the end of your mortgage deal? Rising inflation may push up interest rates. What does this mean for you?

October 07,2021 - Laura Bradford

Near the end of your mortgage deal? Rising inflation may push up interest rates. What does this mean for you? The rising price of petrol, gas and food in the UK are real concerns and many people are preparing for a noticeable change in their bills this winter. The country measures and tracks the cost of living using the rate of inflation and it is a good indicator to see

Read more…

Cohabiting During Divorce

October 04,2021 - Paul Fazackerley

Cohabiting During Divorce Continuing to live with your partner after you have decided to end your relationship is not ideal, but more couples are finding themselves in the complicated situation of having to co-habit. Whilst most people want a clean break and to move on, it may not be as fast or straightforward if you jointly own the property in which you currently live and have an obligation to carry

Read more…

Mortgage Price War Heats Up: Consider The Term, Not Just The Rate

July 15,2021 - Kevin Dunn

Mortgage Price War Heats Up: Consider The Term, Not Just The Rate The price war amongst mortgage lenders has heated up as HSBC and TSB have launched new mortgages with historically low rates of 0.94% HSBC’s 0.94% mortgage, fixed for two years, is the lowest rate the bank has ever offered. Its mortgage comes with a £999 fee and is available to homebuyers and remortgagors. TSB’s deal is available to

Read more…

Offset Mortgages: Link your savings account to your mortgage to save.

June 17,2021 - Kevin Dunn

Offset Mortgages: Link your savings account to your mortgage to save. A year of Covid restrictions and lockdowns have meant financial change for many people. Some people have benefitted by being able to save more, but others have faced hardship. Many have revisited their attitudes towards money and financial security. One of the surprises has been the return in demand for offset mortgages. This type of mortgage links together your

Read more…

We answer your questions on… Lifetime ISA

June 03,2021 - Kevin Dunn

We answer your questions on… Lifetime ISA: use it to save for a house deposit and get a 25% government cash bonus A Lifetime ISA (Individual Savings Account) is a great way to help you save a deposit for your first home or to save for later in life. It offers a better way to save over other saving schemes or ISAs because with a Lifetime ISA the government will

Read more…

The Housing Market is Hot: Mortgages Have Bounced Back.

May 20,2021 - Kevin Dunn

The Housing Market is Hot: Mortgages Have Bounced Back. The housing market has certainly turned hot, and the good news is that the mortgage market has bounced back to meet the surge in demand. First time buyers are creating a flow of movement in the housing market thanks to the launch of the Government’s mortgage guarantee scheme, which underwrites loans to those with 5 per cent deposits on homes worth

Read more…

Government-backed mortgage scheme launches

April 22,2021 - Kevin Dunn

Government-backed mortgage scheme launches Mortgage lenders are now offering the new government-backed mortgage deal, launched to help those with a 5% deposit to buy a home and get on the property ladder. The availability of the new mortgages comes as UK house prices hit record high levels. According to the Office for National Statistics house prices increased by 8.5% in 2020, reaching a record high of £252,000. This surge in

Read more…

Remortgaging: using equity in your home to fund life changes

March 18,2021 - Kevin Dunn

Remortgaging: using equity in your home to fund life changes Divorce, home improvements, debt consolidation; for many people time spent in lockdown during the Covid Pandemic has brought a desire for change. Whether you are reorganizing your finances to clear debt, remodeling your home to spark joy or accepting that a relationship is over, if you own your own home remortgaging is one of the ways you could facilitate the

Read more…

Mortgage interest rate drop; Now could be the time to remortgage.

January 21,2021 - Kevin Dunn

After the Coronavirus pandemic began in the UK in March 2020, The Bank of England cut its interest to 0.1% to support the economy, and the rate has not yet moved from this historic low. Over recent months, we have seen very low mortgage interest rates being offered to borrowers who own at least 35% or more of the value of their home. This means for some people, remortgaging now

Read more…

How to get your offer accepted

December 05,2019 - Kevin Dunn

How to get your offer accepted After months of searching you’ve found your perfect property. Your deposit is sorted, you have a provisional mortgage decision from a lender and so now it all comes down to is making your offer. Time for your best poker face. So how do you play it? Do you put in a high offer to clinch it, but risk paying over the odds? Or put

Read more…