Declining rates: Is now a good time to remortgage?

2021-10-05T09:44:43+00:00October 5th, 2021|Mortgage, Remortgage|

“Average mortgage rates for two- and five-year fixed deals have seen the greatest decline in a single month since May 2020. Data from Moneyfacts UK Mortgage Trends Treasury Report shows that for these average rates have now fallen for the third month in a row. The latest average rate for a two year fixed mortgage is 2.38%, [...]

Equity Release: Eating or heating this winter?

2021-10-05T09:18:28+00:00October 5th, 2021|Lifetime (equity release), Mortgage|

We’ve heard the phrase “heating or eating” a lot over the years as we look at those who may have to contemplate the choice when finances are hard and typically, we consider the elderly population when we do so. More and more we see decreased financial stability and increased health issues (especially amidst [...]

Top tips to pay off debts fast

2021-07-27T10:16:50+00:00July 27th, 2021|General tips, Secured loan (second charge)|

Finance overhaul: Looking at where you could save money is a vital part of paying off your debts faster and not just swapping Waitrose for Lidl or swapping a Sky subscription for dusting off your old VHS player, but looking deeper can make a significant contribution towards debt repayment. Have you considered re-broking [...]

Divorce: What could it mean for your finances

2021-07-26T15:02:00+00:00July 26th, 2021|Mortgage, Remortgage|

According to the BBC’s ‘The Life Project’*, leading   British legal firm Stewarts saw a 122% rise in divorce enquiries   between July & October, compared with the same period last year. And the Office for National Statistics (ONS)** claims that overall, 42% marriages end in divorce.   So what could divorce mean [...]

Could equity release be the key to raising deposits for first time buyers?

2021-06-02T15:09:04+00:00June 2nd, 2021|First time buyer, Lifetime (equity release), Mortgage|

The second half of 2020 saw a 19% increase in the number of Equity Release products sold over the first half of the year, according to the Equity Release Council*. These figures show the robust nature of equity release, and demonstrate that more and more people are looking to money locked up in [...]

Has the pandemic caused you to miss mortgage payments?

2021-06-01T14:01:28+00:00June 1st, 2021|Mortgage|

Furlough and redundancies have contributed to significant reductions in incomes across the last year, so what if you're struggling to make payments on your mortgage as a result? Getting into arrears on your mortgage can be a scary prospect, but don't panic, realistically lenders can't pursue repossession unless all other reasonable attempts to resolve the situation [...]

Do you want to help your relatives get on the property ladder?

2021-03-30T13:26:16+00:00March 30th, 2021|First time buyer, Lifetime (equity release), Mortgage|

In 2020, older homeowners released almost £755 million of equity in order to help younger members of their family meet a range of costs including supporting them with an average of £42,500 to use for a house deposit.* This new research helps illustrate the extent to which younger buyers are being supported by [...]