April 23, 2018

Remortgage Leads the Way

Gross mortgage lending in February is estimated as £19bn. According to the February 2018 UK Finance update on lending, this is 4.9 per cent more than a year ago but it is still below 2017’s monthly average of £21.4bn. The data shows that in February re-mortgage approvals are up over […]
April 16, 2018

EPC into Force

New Energy Performance Certificate rules come into force and only apply to new tenancies until 1st April 2020. The rules state that from 1st April 2018, a property with an EPC rating of ‘F’ or ‘G’ which is being sold as a buy-to-let unit with vacant possession, will not be […]
April 11, 2018

Twice the Customers

According to the latest analysis by the Equity Release Council, the volume of new customers taking out equity release plans in 2017 was almost 10,000 more than in the previous year, as the number of people unlocking housing wealth for the first time increased by a third. As a source […]
April 2, 2018

Saving will see me through…

New research shows just under three quarters of people describe themselves as “in control” financially, but worry about money and health issues according to Protection Review’s The Syndicate. Confidence in protection insurance as a support mechanism is high but people are more likely to depend on their partner and savings. […]
March 29, 2018

What is a Joint Borrower Sole Proprietor Mortgage?

A Loan at Last If you are having trouble getting the mortgage you need to move up the property ladder, but you know you can afford it, there may be another solution – the Joint Borrower Sole Proprietor Mortgage. In recent years, further regulation of the mortgage market has led […]
March 29, 2018

House Price Index Update

With the bank of England holding the base rate at 0.50% this month – this has led to even more certainty of a rise in May.  Two of the Bank of England committee members felt an immediate rise was required but the majority of the vote was for it to […]
March 23, 2018

Are you getting your 5 a day?

Millennials are adopting unhealthy habits to keep their weight down, with more than half of UK adults aged 25-34 (51%) skipping meals, analysis from Aviva’s Wellbeing Report shows. Cutting out meals is marginally more common amongst men in this age group: 54% compared to 50% of women aged 25-34. When […]
March 20, 2018

Second Steppers

First-Time Sellers see potential interest rate rises as their biggest challenge to moving up the property ladder – according to Lloyds Bank’s annual Second Stepper report, which tracks the challenges faced by First-Time Sellers. The report reveals one in three (35%) of these households believe it will be more difficult […]
March 2, 2018

2 year or not 2 year, that is the question

Since the Bank of England indicated that rates may increase, we have received a number of enquiries from people asking whether it’s best to fix a mortgage for 2 years or 5+ years. While the longer term stability that a 5 year fixed rate mortgage may sound appealing, it’s important […]
March 1, 2018

Do you know your estate may be liable for inheritance tax?

More than two thirds of wealthy people do not know their estate may be liable for an inheritance tax bill, according to Canada Life’s Annual IHT Monitor research. Among adults over the age of 45 with assets in excess of £325,000, 70% of people do not know the threshold for […]