Helping the self-employed achieve mortgage success

For the self-employed, obtaining a mortgage can feel like an uphill struggle. With lenders becoming more cautious, and borrowing rules and regulations becoming stricter since the financial crash, the self-employed have been one of the groups hardest hit. They must jump through many hoops, and be able to prove a steady income and have a healthy home deposit. (more…)

Relevant life cover – what is it?

Relevant life cover, also known as a relevant life plan, is a form of business insurance that provides a payout for employees in cases of death in service. It is a lesser known life insurance policy and take up is quite small, but it can be one of the more beneficial plans as it can provide large savings. (more…)

What makes a house unmortgageable?

You’ve saved a deposit, been approved a mortgage in principal, and now, finally, you have found your perfect home. You make the offer and things are going swimmingly –  until you hear the dreaded words off the surveyor or lender, your perfect home is unmortgageable. (more…)

Buy-to-let crackdown: Tougher underwriting standards for lenders

Last year, The Prudential Regulation Authority (PRA), the arm of the Bank of England that regulates banks and the financial sector, confirmed it would be bringing in tougher underwriting standards for buy-to-let lenders. These rules, which come into play on September 30th 2017 will affect landlords who have 4 or more mortgaged properties. (more…)