Mortgages

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Managing mortgage stress – we’re here for you

Whether you’re a first-time buyer, a second- stepper, or further up the housing ladder, buying a home is always a big move and can feel a bit like a roller coaster ride at the best of times. Now there are the added complications and worries that the COVID-19 pandemic may have caused for people’s lives, [...]

July 8th, 2020|Mortgages|

How does the mortgage market work?

There are times in our lives when we can all use some help and guidance. Buying a home is one of those major steps that is much easier to take if you are well- informed and get some good advice. Whether you are a first-time buyer or someone who has moved before, things change, so [...]

July 6th, 2020|Mortgages|

An update on mortgage payment holidays – three-month extension

The Government has announced the requirement for lenders to extend the initial three-month mortgage payment holiday scheme by a further three months. They felt that the extension was necessary because it would be too sudden and soon to end the scheme now for those currently experiencing financial difficulties. This means help and support will continue [...]

June 8th, 2020|Mortgages, General, News|

Coronavirus Mortgage FAQs

The UK’s mortgage market has changed profoundly in the last two weeks as the full effect of the Coronavirus has started to be felt. Lenders have been told to allow repayment holidays; moving home is virtually banned leaving swathes of home-movers in limbo; thousands of mortgage products have been withdrawn and the bank base rate [...]

April 3rd, 2020|Mortgages|

Popular Mortgage Deals March 2020

Below are just a few of this month’s popular mortgage deals. Please get in touch with us to discuss any of these deals. Your home may be repossessed if you do not keep up repayments on your mortgage.

March 5th, 2020|Mortgages|

‘Mortgage prisoners’ may be able to remortgage

You may have heard the term ‘mortgage prisoners’ but not know exactly what it is. Mortgage prisoners are those who are trapped in their current mortgage deal and are unable to remortgage or move. The Financial Conduct Authority (FCA) has estimated around 150,000 borrowers are stuck as ‘mortgage prisoners’. Some of the main reasons are [...]

February 29th, 2020|Mortgages|

More hope for first time buyers with the Help to Buy Extension

Since it was launched in 2013, the popular Help to Buy scheme has enabled almost 170,000 households to buy homes; who may not otherwise have been able to. An extension to the successful scheme was announced in the Autumn 2018 budget, now making it available until 2023 for first time buyers only ‘to ensure future [...]

February 28th, 2020|Mortgages|