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 …

Help to Buy ISA v Lifetime ISA

Shaun Love Investment, Mortgages

Buying your first home is a dream for many young adults up and down the country. However, this has become harder and harder throughout the generations as house prices have risen. To support first time buyers in overcoming these obstacles the government has launched many First-Time Buyer initiatives and schemes. Two of their most recent schemes are their Help to …

Free Cashback to Cover Stamp Duty Costs

Michelle Martin Mortgages

Stamp duty is often one of the biggest costs associated with purchasing your home. For some people and properties, it can be enough to put them off. However, a new scheme is being released by some lenders that will enable you to receive cashback to cover the stamp duty costs as part of their mortgage agreement. How does it work: …

Is Equity Release right for me?

Michelle Martin Equity Release, Mortgages

What is equity release? Equity release is a growing market with more and more people, who are approaching retirement, realising their pensions may not enable them to live the lifestyle they would like to. Equity release enables you to release some equity held in your home enabling you to enjoy some of the finer things in life. You can raise …