With Autumn around the corner, it’s the perfect time to take control of your finances and your mortgage should be at the top of that list. With interest rates and market conditions constantly shifting, staying proactive could save you thousands over the life of your loan. Here’s a mortgage checklist to keep you on track

A growing number of adults are feeling anxious about how they’ll afford care in later life. A recent report by LV= revealed that 67% are worried about covering the cost of care, and 63% fear they’ll run out of money altogether. With the rising costs of medical and in-home support, and increasing pressure on public health services, it’s no surprise that this issue is top of mind for many.

Whether used to fund retirement income, home improvements, or support family members financially, a lifetime mortgage can provide significant benefits. However, it’s important to consider how it can impact inheritance tax (IHT) and the value of the property you leave behind.

If you’re self-employed and planning to buy a home in 2025, knowing how lenders approach these types of applications can make a big difference. 

The Bank of England has warned that mortgage payments for half of homeowners will rise over the next three years, putting 4.4 million households under financial pressure.

As we approach 2025, the latest interest bank rate cut to 4.75% (November), the lowest level in over a year, gives homeowners and buyers a moment to review their mortgage options.

As of October 31st, 2024, the Stamp Duty Land Tax (SDLT) surcharge on second homes has risen from 3% to 5% above standard residential rates.

Purchasing a property is a significant milestone for anyone. However, one aspect that is often overlooked is the importance of a survey. So, what is a house survey and why is it important?

The Bank Rate, often referred to as the base rate, is a crucial component of the financial landscape. Set by the Bank of England, it’s the interest rate at which the central bank lends money to commercial banks.

Following Labour’s win in the July 2024 election, whether you are a prospective buyer, renter or landlord, everyone is eager to understand the implications for the housing market.

As we gear up for the 2024 election, on July 4th, you may be wondering how the political landscape might impact your mortgage options.

or many aspiring homeowners, purchasing a property often requires borrowing money through a mortgage. But how much can you realistically afford?

Many homeowners who opted for interest-only mortgages several years ago are finding themselves facing the task of deciding the next steps for their mortgages, with their interest-only period coming to an end.

As the mortgage market continues to evolve, staying informed is key to securing the best deal when purchasing a home.