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 …

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, …

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 …

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 …

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 …