It seems that Britain could be progressing into a season of re-mortgaging as high competition among lenders are lowering mortgage rates. So, is this the time to re-mortgage your property? (more…)
Deciding on whether to purchase a commercial property is a huge decision.
Most us will need to take out a commercial mortgage to help finance the purchase. This is when the decision-making becomes serious as what deal you agree to will affect you for years to come. When searching for your perfect commercial mortgage deal, there are a few things to keep in mind: (more…)
The insurance market can feel like a minefield. Hundreds of lenders and thousands of policies – finding the one that is best for you can be an intimidating task. Nothing feels straightforward and there’s legal jargon you may not understand, so what checks should you do before you sign on the dotted line: (more…)
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, 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…)
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…)
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…)
Father’s Day has recently passed, whilst families all over the UK celebrated their dads, 3.9 million UK fathers are placing their families in a financial risk by not having life insurance. (more…)
If a shareholder in your company were to die could you afford to purchase their shares?
If the answer is no, it may be time to think about what you could do to protect the future of your business and its ownership. (more…)
You feel ready to purchase your first house and take on the responsibilities that come with it – but you need to save for a deposit.
Saving up for a deposit may seem difficult and can test your patience, but having a sizeable deposit has many benefits. It means you could be offered better mortgage rates due to reduced risk for the lender and it provides them with confidence in your ability to budget, save, and therefore be able to meet your monthly repayments. (more…)