The future of housing and mortgages under a Labour government
First-time buyers, the broader housing market and setting a distinct course from the previous policies As the UK enters a new era following a Labour government victory during the July 4 general election, what do we know about Labour’s approach to the future of housing and mortgages under a government led by Prime Minister Starmer? […]
Increasing popularity of equity release among older homeowners
Redistributing wealth to younger generations and paying for care Many older homeowners are looking to unlock the equity in their properties to address a range of financial needs as they age. Research shows that more than three in five (61%) UK homeowners, which equates to approximately 18.7 million individuals, are contemplating some form of equity […]
What are your options when you receive an offer to buy your property?
Accept the offer, outright reject it, or engage further by presenting a counter-offer Selling your home is a monumental moment in your life, encapsulating the culmination of years spent within its walls and a significant financial transition. When the moment arrives, and you receive an offer, the path you choose next is critical. Fundamentally, you’re […]
Renovate or relocate
Should you improve your existing home or purchase a new one? Deciding between improving your existing home or purchasing a new one can take considerable time and effort. If your family is expanding, your workspace is spilling onto the kitchen table, or your bathroom feels more like a closet, it might be time to upgrade […]
Investing in buy-to-let properties
Lending criteria, eligibility, and affordability If you purchase a property to rent it out, you cannot use a traditional residential mortgage. Instead, you will need a specialist buy-to-let mortgage designed for individuals who purchase a property to lease to tenants rather than as a personal residence. Such an investment should be considered medium to long-term. […]
Spring into action to sell your property
The season of rejuvenation and renewal is considered the prime time to sell a property Spring, the season of rejuvenation and renewal, is often considered the prime time to sell a property. From March to May, the property market tends to see a consistent surge in activity, making these months an ideal period for property […]
Securing your first dream home
Guiding you through your home-buying journey from start to finish Venturing into homeownership as a first-time buyer is an enthralling yet complex endeavour requiring meticulous consideration and foresight. Those keeping a close eye on the news can attest to the rollercoaster ride the property market has been on in recent years. This whirlwind of fluctuating […]
Making the right mortgage choice
Helping you make an informed decision for your homeownership needs Choosing the right mortgage type is a crucial decision. A wrong choice could lead to unnecessary expenses. Identifying the mortgage type that aligns with your financial situation is the first step towards selecting the right lender and mortgage product. The right mortgage type for you […]
Navigating Inheritance Tax through late-life mortgages
Why some over-60s take out a mortgage on a property they own outright Taking out a mortgage in later life to bypass Inheritance Tax (IHT) is an option that some over-60s may look to consider if appropriate to their situation. This approach could potentially significantly reduce a potential IHT liability when passing on assets or […]
Understanding mortgage protection life insurance
A pivotal role in securing the financial future of your loved ones Mortgage protection life insurance provides peace of mind for your family by paying off any outstanding mortgage on your home when you die, often referred to as ‘decreasing life cover’. It’s not the nicest thought, but if something were to happen to you, […]
