Re-mortgaging – A growing trend in a slowing market

Shaun Love Mortgages

Re-mortgaging your property has seen a year on year and, month on month increase for the month of April. Many people are seeing an opportunity to release equity from their home. On average, homeowners were re-mortgaging to raise £29,148 for them to use for home improvements or to clear other burdens. This is all happening when the mortgage market is …

Triple Lock – what is it and what does it mean?

Shaun Love Pensions

With the recent general election and the jockeying for our votes beforehand there was some discussions had in relation to our pensions. Specifically, there was much debate around the triple lock. This blog aims to help explain to you what the triple lock is, how it works and how it affects us. In simple terms, the triple lock is a …

Bespoke Specialist Lending for Residential and Buy to Let mortgages

Shaun Love Buy-to-Let, Mortgages

For some, the prospect of  a mortgage to help purchase a first or new home can feel almost impossible due to their credit history . However, there are a small number of lenders, who although they often offer rates higher than mainstream lenders are specialist in providing mortgages for such situations. We utilise  our  full understanding of the  individuals  circumstances, …

Equity Release – proof it isn’t all bad!

Shaun Love Equity Release

We have previously posted blogs about Equity Release, what it is and how it is an improving market for customers. This blog will give you a very brief example of how Equity Release is improving for the benefit of its’ customers. The background As with mortgages, providers are identifying a need to make the products they offer competitive. Alongside this, …

Pension Freedoms Simplified

Shaun Love Pensions

The introduction of Pension Freedoms in April 2015 led to greater flexibilities. However, some people think they are now too complicated and lead to more confusion, therefore feel they could benefit from independent financial advice. Recent research conducted by some of the biggest pension providers found that more people are interested in the options now available due to Pension freedoms. …

Mortgage costs show signs of stabilising

Shaun Love Mortgages

Mortgages have seen a huge development in competition at the start of this year. Many lenders have been offering their greatest ever rates for all a wide range of products from two to five year fixes and 60% -90% loan to values (LTV). And now, research conducted by a mortgage sourcing company has found the overall costs of mortgages are …

Mortgages into Retirement

Shaun Love Mortgages, Retirement

Mortgages have historically run for 25 years. They have over time developed and many lenders offer terms from between 5-35 years. However, some lenders are now allowing you to mortgage your property well into your retirement. How does it work? Lenders will assess affordability based on your current circumstances, which for many people, will result in greater levels of affordability, …

Buying your first home – future planning now!

Shaun Love Mortgages

Being a First-Time Buyer and taking your first step onto the property ladder is always a big life stage. For many, it is the most expensive purchase we are likely to make. It has also been well documented about how difficult it can be for first time buyers in the current market with house prices rising much quicker than national …

Equity Release plans – Are they safe as houses?

Shaun Love Equity Release, Mortgages

Equity release plans have, for a long time, been poorly thought of by many members of the public. However, the industry and regulators have made a real effort to improve its image and ensure plans are as safe as possible. The plans are regulated by the Financial Conduct Authority and many of the providers now belong to the Equity Release …

Important Tax Changes For Buy-To-Let Landlords

Shaun Love Buy-to-Let, Mortgages, Tax

Buy-To-let Landlords are to be taxed differently from April.  Here are the main changes and how you should start planning for them now. The two key changes that will impact upon this are: Finance costs, including mortgage interest, are being phased out until that they can no longer be deducted in 2020/21 when calculating taxable income. The amount of tax …