Request a call back
or call us on
01273 736536
Financial Blog

Archive | Remortgaging

mortgage interest rates

Mortgage Interest Rates | Don’t throw money down the drain

Do you know what the average mortgage interest rate is? The average mortgage rate is calculated by taking the rate charged across all mortgage providers for all products and taking the average figure. In June, the average mortgage interest rate was 2.99%, however, we are typically securing our client’s mortgage rates that start in the 1’s.  Do you know what […]

Continue Reading
interest only mortgage

The Trouble With Interest Only Mortgages

Why Are Interest Only Mortgages Causing Trouble For Homeowners? Citizen’s Advice Bureau have warned that nearly a million UK homeowners are soon to face a harsh reality when their interest only mortgages come to an end and they have no way to pay off the capital of their mortgage. What is an interest-only mortgage? Interest only mortgages allow the homeowner to just […]

Continue Reading
parent landlords sussex

The parent landlord trend continues to grow

Exploring the growing trend of parent landlords. As the younger generation struggle towards home ownership we are seeing a marked increase in the number of parents buying and renting second properties to their children. The average first time buyer is in their mid-thirties before taking their first step on to the property ladder which has led to more than 1.4 […]

Continue Reading
remortgaging mistakes

4 mistakes to avoid when remortgaging your home

First of all, congratulations on being one of the lucky ones to get on to the property ladder. It’s not always an easy process as some of our clients find out, but once it’s done you can sit back, relax and enjoy your home. At the end of your fixed term, you’ll probably want to think about remortgaging and although […]

Continue Reading
home improvememts

Remortgaging for Home Improvements

There’s never been a better time to consider making some home improvements. They’ll not only enhance your living space and give your home a new lease of life but if considered correctly they could also add value to your home. With the new low interest rate, there will be even more savings to be made by remortgaging so here’s some ideas of […]

Continue Reading
Retirement planning

Retirement: Planning to downsize?

The former pensions minister Steve Webb gives his views on why downsizing your home to increase retirement income is an unrealistic goal. Steve Webb told the BBC that this retirement plan could best be described as ‘downsizing delusion’ which is a worrying statement for the three million people planning to rely on their homes for a pension. “Most people doing so […]

Continue Reading
mum and daughter

The Bank of Mum and Dad – Now one of the UK’s top 10 mortgage lenders.

A recent report from the Centre for Economics and Business Research has hailed ‘The Bank of Mum and Dad’ as one of the UK’s top 10 mortgage lenders. The report has estimated that over 300,000 property transactions this year will have the deposits funded by parents which is a staggering 25% of all properties bought with a mortgage. It is expected that overall […]

Continue Reading