by Brian Downton | J, Jan, 2018 | blog, mortgages
Conveyancing is an important part of the home buying process, and it’s important to note it’s required when both buying and selling a property. So, what should you consider when choosing a property solicitor to carry out your conveyancing? It’s important to use a...
by Brian Downton | J, Jan, 2018 | blog, mortgages
If you think an increase in your mortgage repayments could have a negative impact on your lifestyle or financial wellbeing, you may want to consider fixing your mortgage. With a fixed rate mortgage, your payments are set at a certain level for an agreed period,...
by Brian Downton | J, Dec, 2017 | blog, mortgages
34% of first-time buyers relied on their parents for financial help, making the bank of mum and dad’, the equivalent of the UK’s ninth largest lender in 2017. If you’re trying to get on the housing ladder, you’ll know how hard it can be: The average price...
by Brian Downton | J, Nov, 2017 | blog, mortgages
The UK’s Buy to Let market is in a state of flux, with an extra 3% Stamp Duty on the purchase of additional properties and changes to the way a landlord’s income is taxed. Landlords used to be able to deduct all finance costs from their rental income, with net profits...
by Brian Downton | J, Oct, 2017 | blog, mortgages
With so many mortgage lenders offering their products on the high street and online, it can be tempting to cut out the middleman and ‘go direct’. When you’re making such a huge financial commitment, the guidance you can get from a qualified mortgage adviser can be...
by Brian Downton | J, Aug, 2017 | blog, mortgages, Pensions
The news is always full of stats about first-time buyers In 2016 there were an estimated 335,750 first-time buyers – the highest figure since 359,900 in 2007 The average first-time deposit has more than doubled since 2007 to more than £32,000 • the average price...
by Brian Downton | J, Aug, 2017 | blog, mortgages
The decision to sell up and move to a smaller property could come as a result of children flying the nest, the need to free up cash, or both. Whatever the reason, there are costs to downsizing that are important to know about before you make the move. The ‘hidden’...
by Brian Downton | J, Jul, 2017 | blog, mortgages
The way landlords can claim tax relief on their mortgage finance costs has changed. Up until 5 April 2017, landlords could deduct mortgage interest from their rental income before calculating how much tax they should pay. Now, however, tax relief on Buy to Let...
