by Brian Downton | J, Jan, 2016 | blog, mortgages
The Mortgage Market Review, which took effect in 2014, imposed “affordability criteria” on lenders. In simple terms it aimed to rein in high-risk mortgages. Like any change it triggered speculation about its potential effects....
by Brian Downton | J, Jan, 2016 | blog, mortgages
While having an offer on a house accepted may be a cause for celebration, it is actually a fairly early point in the procedure for buying a property. Here is a summary of the steps to complete before you pick up your keys. Organize a Solicitor You may be able to find...
by Brian Downton | J, Jan, 2016 | blog, mortgages
The concept of making mortgage payments after retirement age may be a new reality for some people. When looking at this situation, be aware that you can always get advice from a professional financial adviser to help you find the solution that’s right for you. Decide...
by Brian Downton | J, Jan, 2016 | blog, mortgages
Given that a mortgage is usually a long-term commitment, sometimes a significant one, paying it off can be a major financial (and personal) milestone. For some people it may even be worth considering taking steps to repay a mortgage early. The practicalities of...
by Brian Downton | J, Jan, 2016 | blog, mortgages
Buying your first home can be an experience you’ll never forget. While the actual process of house-buying only starts once you have found a property that you might wish to call home, planning ahead can give you a huge advantage when it comes to getting the home you...
by Brian Downton | J, Jan, 2016 | blog, mortgages
According to a survey carried out by Ipsos Mori for Panorama, 31% of people who rent or have a mortgage find that payments take up more than a third of their total household income. Even if your mortgage payments are below this level, if they are a significant part...
by Brian Downton | J, Jan, 2016 | blog, mortgages
Buying a home is generally one of life’s most significant events, even for those who have been through the process before. This being so, getting the right mortgage can have a major impact on the family finance. What Kinds of Mortgage Are Available? With a repayment...
by Brian Downton | J, Jan, 2016 | blog, mortgages
As with any major reform to savings, pensions and investments, the recent government changes to annuities has been accompanied by a flurry of newspaper headlines, ranging from the alarming to the surreal. Deciding how you will fund your retirement is one of the...
