Christmas is on the horizon and its one of the times of the year where our usual frugal spending habits can be forgotten. But in order to avoid a stressful start to 2020, its important to make sure you keep…
Accountants Too Good?
Mortgages, both now and in the past, have required affordability checks. For the self employed your income will typically be assessed based on what your tax year overviews and tax calculations show. Historically when the old self cert mortgages were…
Separation and Divorce
Frequently we need to assess our finances and expenses and a significant time in your life when you will do this is if you are experiencing divorce or separation. Unsurprisingly the more assets and children you have the more complicated…
Let to Buy
If you are planning for your future, you may be considering purchasing a bigger residential property within the next few years and with that you may also be considering whether to keep your existing property and let it out or…
Rise of The Long Term Fixed Rate
Recently a couple of lenders have announced that they are bringing out a 15 year fixed rate mortgage product. This follows the trends of recent years with a rise in longer term fixed rates becoming available, with 7 year and…
Potential In Multi-Unit Blocks
Many landlords have been feeling the squeeze over the last few years, various changes have come in regarding regulations and the changes to mortgage interest relief just to name a couple of things. Although the private landlord sector has taken…
Mortgage Market Changes
As of late we have seen Secure Trust Mortgages and Magellan Home Loans leave the mortgages market. These lenders cite various reasons for their withdrawal from the market including; competition in the market place, reducing interest rates, competition for funding…
Considerations if looking at buy to let property
You may be thinking of purchasing a buy to let property in the search of ‘easy money’, but do not be fooled, owning buy to let properties is anything but easy and with increasing legislation and requirements it is becoming…
Do You Have a Help to Buy Equity Loan?
Help to Buy equity loans were introduced in 2013 to help buyers get on the property ladder. If you bought your property using this type of loan when they were introduced, you may now have started to pay interest on…
First time buyer step by step guide
Step 1, get yourself mortgage ready. Let’s assume you have already saved or have a gift from a close relative to fund the deposit, an independent survey, solicitor’s fees, moving costs and any new furnishings you will need. As…