This time last year, the financial world was waiting to see what the effect of the Brexit vote would have on mortgage sales. With many predicting that the uncertainty would take its toll on the housing market. As it turned out, such worries proved to be unfounded, with the market continuing to grow and mortgage… Read more
When company owners Dawn Couzens and her husband David were told by their bank that their firm’s profits would count when it came to getting the mortgage they needed, they had one thought. “We thought ‘happy days’,” said Dawn. “We’d established our company over seven years and the last two years showed that we had… Read more
It is the lender that keeps on giving. New figures for this year showed that the Bank of Mum and Dad – or BOMAD, the term used to describe financial help given to mortgage applicants by their parents – now helps finance a quarter of all UK mortgage transactions and is expected to contribute a… Read more
There is always intense scrutiny in the media about the business of mortgages. This month there was an interesting report about how mortgage fees are unjustifiably “soaring” while the interest rate continues to stay low. According to the latest research, fixed rate mortgages are at their highest since August 2013. Also, the fees associated with… Read more
Last month we welcomed a trio of new mortgage advisors to our company. They are ready to give a helping hand through your house-buying journey. With the advent of the internet, many people might question why advisors are needed at all. With a wealth of information and direct access to lenders already at our fingertips.… Read more
Jason Pulsford, Sarah Freeman and Christopher Bailey bring the number of advisers at our centre to 35. The trio now helping us to arrange mortgages for even more customers all over the country. A former manager at the Queen’s bank Coutts, a customer services expert and an adviser who once stood guard in Whitehall during… Read more
With a recent survey finding that an estimated 1.4 million people are finding it tough to meet their mortgage repayments, our message could not be clearer – switch now! According to the findings, many UK homeowners live under a cloud of financial worries. This is with an estimated 2.6 million people believing that their mortgage… Read more
The introduction of the Mortgage Market Review in April 2014 mean that the days of easy credit are long gone. Lenders now take a close look at your financial affairs and lifestyle before deciding whether or not to give you a mortgage. Here are FIVE common which can affect your ability to secure the deal… Read more
The warmer weather means that Spring is now in full swing. This means the start of the busiest time of the year for the property market. In our industry, the Spring rush is something of a tradition, as people put their New Year resolution to move house into action and aim to complete everything by… Read more
Ever since the former Chancellor surprised us all in 2015 by announcing a plan to cut 100% tax relief on mortgage interest payments for buy-to-let landlords, the idea of building up a property portfolio has no longer seemed such an attractive proposition Two years on, the fall-out from that decision seems to be reflected in… Read more
Your home may be repossessed if you do not keep up repayments on your mortgage.
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