April 7, 2020

Life Insurance – Is this an unnecessary expensive in the current climate?

It’s at time liked these, when we’re facing uncertain time ahead, loss of income, unable to carry out day to day activities and even ill-health we look at everything we’re doing financially. You may be looking down that list of direct debits and wondering which ones to cancel and which […]
April 5, 2020

Are there still options for Pension Pot / Investment Portfolio Mortgages?

Another of our specialist niches is mortgages based on assets rather than earned income (usually pensions post for later life borrowers and/or investment portfolios for HNW clients). Given what has happened in the markets, the general feedback from lenders in the sector is that they are still looking to lend, […]
April 4, 2020

Can I still get a mortgage if I am a limited company director or self employed?

Being one of our specialist niches, we’ve been keeping in regular contact with lenders who offer mortgages to small business owners and independent professionals. In the main, there have been no changes to criteria which is great. However, small business owners and the self employed will be under much closer […]
April 4, 2020

What Will Happen to House Prices?

Many ‘experts’ have made predictions, but let’s be honest, nobody knows. On a positive note, we have still had many people looking to proceed with their purchases as normal. We’ve had a few pull out, but honestly nowhere near what you might have expected or have been led to believe […]
April 3, 2020

Will Furloughing Affect Mortgage Lending?

To be honest, it’s difficult to say at this stage. At the time of writing, some lenders have confirmed they will accept it, whereas others have confirmed they won’t. Moving forward, our feeling is that given the unprecedented circumstances, lenders will take a compassionate and common sense point of view, […]
April 3, 2020

How do mortgage payment holidays work?

I am pleased to report that most high street lenders have published guidance on this and have simplified the process to make it easy for borrowers with both residential and buy to let mortgages. In most cases, it’s a self certified process where the borrower will confirm that their ability […]
April 2, 2020

Have mortgage lenders stopped lending?

There has been a lot of change in the mortgage market over the last couple of weeks. I’ve summarised a few key points / FAQs based on the type of enquiries we’ve received (and in response to the doom and gloom in the media). This is correct at the time […]
March 31, 2020

Has the government cancelled house purchases?

There has been a lot of change in the mortgage market over the last couple of weeks. I’ve summarised a few key points / FAQs based on the type of enquiries we’ve received (and in response to the doom and gloom in the media). This is correct at the time […]
March 31, 2020

Have mortgage interest rates gone down?

There has been a lot of change in the mortgage market over the last couple of weeks. I’ve summarised a few key points / FAQs based on the type of enquiries we’ve received (and in response to the doom and gloom in the media), which I shall share with you […]
December 2, 2019

Do I need a credit report for a mortgage?

There’s no getting away from it, it’s harder to get a mortgage than ever before. This is due to issues such as increased regulation, tighter underwriting and stricter affordability requirements. If you are looking for a mortgage, especially if you have a low credit score, complex income, are self employed or […]