Financial service companies have the potential to lose out if we exit Europe, with the UK property market suffering if this happens. This is because it is possible that Brexit could result in the financial centre of Europe being relocated…
The Argument for the Short Fix for First Time Buye
I am usually a big fan of long term fixed rate mortgages. Maximise the certainty of payment for as long as you can, nice and boring like your mortgage should be. Also, if you always choose say a five year…
The Buy-to-let Rush
Late last year the chancellor announced an additional 3% stamp duty tax would be implemented from April 2016, levied on the purchase of most buy-to-let property investments. So does that mean that people should rush around now in order to…
2016 The Year of the Long Fix?
This last year has seen great competition in the mortgage market with sectors of the market becoming embroiled in the fight for borrowers who fit their often strict criteria. We are now at record low rates due to the competition…
Playing it cool when you buy a house
When we sell a house through an estate agent we are asking them to act on our behalf as we want to get the best price possible. They work for us in this instance. So it is important to remember,…
Moving from Impaired to Mainstream Mortgages
Recently we received a thank you card from a customer who we had just remortgaged, and inside it thanked us for freeing them from the misery of an impaired credit mortgage. This statement made me think that there are possibly…
Loan-To-Value Targeting
If you are somebody who likes to take care of your finances, here’s a few ways some people can potentially save thousands of pounds by planning ahead. As most people know, mortgage lenders offer their products based on loan-to-value…
Buy to Let at a Cross Roads
The Bank of England is now concerned that the Buy to Let mortgage market and the economic slowdown in China could pose a threat to the UK’s banking system. It appears that they are scrutinising the sector to see if…
Redundancy Insurance: It Could Be For You
The number of properties repossessed halved year on year in the second quarter of 2015, as low interest rates and higher levels of employment continue to help struggling borrowers to stay in their homes. The council of mortgage lenders have…
Protecting Your Family
From the moment your first child is born, everything changes. It is no longer about looking after number one, you have a baby to take care of. We all say we will put them before ourselves and do whatever we…