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Stamp Duty Land Tax

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Stamp Duty Tax

BREAKING NEWS Stamp Duty Land Tax threshold has temporarily increased to £500,000 with immediate effect What is Stamp Duty Land Tax (SDLT)? SDLT is payable on all properties or land purchases in England and Northern Ireland. Previously, people buying property or land paid stamp duty rates of 2% on £125,001-£250,000, 5% on £250,001-£925,000, 10% on […]

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COVID-19 & Your Finances

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In these difficult and uncertain times with COVID-19, we are still here to help you with all of your mortgage and protection needs. Research shows that there are currently around 375,000 property purchase transactions on hold. However, it is still possible to purchase a new property with more lenders re-entering the market or current lenders […]

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Private Medical Insurance

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Everything you need to know……. What do I need to consider when it comes to private medical insurance? There are the two methods by which an insurance company can offer terms… … these are known as a ‘moratorium’ or ‘fully underwritten’ schemes. With a moratorium scheme, you do not have to provide detailed medical information; […]

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Capital Raising Mortgages

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Everything you need to know…. What is a Capital Raising Mortgage? Generally, capital raising mortgages are a way to release funds from your property for other purposes. For example, this could be used for consolidating debt or home improvements. If you have multiple monthly payments for various loans or credit cards etc. you could consolidate […]

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Can I Get A Mortgage With Bad Credit?

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When it comes to bad credit mortgages, some banks and building societies can take a very cautious attitude to who they’ll lend to. Some lenders only want to deal with people who have faultless credit histories, perfect work records and large deposits. However, at Finance Advice Centre we live in the real world, financial difficulties […]

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Brexit & Mortgages

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Realistically, what happens to your mortgage if the UK leaves with or without a deal? The media scaremongering would lead us to believe there will be a Brexit apocalypse, but no one can predict the future. Interest rates could either rise or fall, it really will depend on the economy and this is likely to […]

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Mortgage Strategy Awards 2019

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We are delighted to announce we have been shortlisted for two awards in this years Mortgage Strategy Awards. The awards are Best Mortgage Broker and Best Specialist Broker/Distributor. These are some of the most prestigious awards for our industry. So as you can imagine this would be a huge opportunity for us all at Finance […]

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I’m Self-Employed, Can I Get A Mortgage?

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Confused Self Employed Mortgage

The short answer to this is yes. In the market now there is a large number of lenders that will offer various different criteria. This covers a lot of different aspects of self-employed mortgages. Whether it is you only have 12 months accounts, need to use retained profits or even need to use your calendar […]