Could falling fixed rates help prospective buyers?

In July, both two and five-year fixed-rate deals dropped by 0.02% for the first time since May. Although the forecast for further changes is uncertain, the initial drop in rates is promising and could lead to a more favourable environment for prospective buyers if rates continue to fall in 2023. Continue reading “Could falling fixed rates help prospective buyers?”

100% Mortgages: How can they help me?

A 100% mortgage, also known as a zero-deposit mortgage, is a loan that allows first-time buyers to borrow the full purchase price of a property without having a deposit. Continue reading “100% Mortgages: How can they help me?”

Base rate rise: How does it affect my mortgage?

In March 2023, the Bank of England announced an increase to its base rate by 0.25%, rising to 4.25% in the eleventh rise since December 2021. Inevitably, this will affect everyone throughout the UK. So what does it mean and how does it affect your mortgage? Continue reading “Base rate rise: How does it affect my mortgage?”

Equity release: Lifetime mortgages

Equity release has become increasingly popular in recent years. It allows homeowners, aged 55 and older, to access the equity tied up in their property without having to sell it. Continue reading “Equity release: Lifetime mortgages”

Reviewing your Mortgage Product & Options to Refinance

Remortgaging and product transfers are two popular options for homeowners looking to make changes to their mortgage. While both can help release funds in your home, there are key differences between the two. Continue reading “Reviewing your Mortgage Product & Options to Refinance”

Self-Employed Mortgages in 2023

Securing a mortgage while self-employed can be an overwhelming task. Uncertainty over the cost-of-living crisis makes it a challenging environment, so start the new year on the right foot and understand the options available for self-employed clients. Continue reading “Self-Employed Mortgages in 2023”

Green Mortgages: what you need to know

With the COP27 summit last month, the climate conversation is at the forefront of people’s minds once again. Reducing the impact, we have on our planet has become a key priority for homeowners up and down the country as we head towards the point of no return. Continue reading “Green Mortgages: what you need to know”

Fixed vs Variable rates

It’s safe to say that there is a fair amount of confusion currently surrounding the mortgage market. Rates have been on the rise as inflation soars, but what does this mean for you? Perhaps you’re looking to secure your first mortgage or looking to renew? Continue reading “Fixed vs Variable rates”

Liz Truss cuts stamp duty as mini budget is announced

In a move that some property experts are branding ‘well overdue’, Prime Minister Liz Truss announced a cut to stamp duty property tax as part of the mini-budget announced on September 23rd. Chancellor Kwasi Kwarteng announced a variation of new stamp duty thresholds on a permanent basis, with stamp duty set to be eradicated entirely for purchases of land buildings for commercial or new residential development. Continue reading “Liz Truss cuts stamp duty as mini budget is announced”