The last few months have seen some dire news hitting the headlines involving Tesco. With alleged supplier mistreatment stories joining those surrounding alleged concerns over its accounting practices, it seems there has been disappointment and setbacks at every turn. However, following news of store closures up and down the country comes news that Tesco Bank … Continue reading “Tesco All Set to Expand Their Mortgage Business”
While landlords may have been hoping for a reversal in the upcoming plans to get rid of mortgage interest rate relief, no such reversal was forthcoming in this week’s Budget. Instead, the new plans remain in place, and are set to start being phased in on 6th April this year. What does this mean for … Continue reading “The Budget Fails to Reverse the Tax Changes Coming for Landlords”
If you’re looking for details on the current buy to let market then, hopefully the following information will point you in the right direction. There is no denying that, the buy to let market has suffered since the global economic collapse of the banking and financial sectors in 2008. Things have remained stagnant for the … Continue reading “The Current Buy To Let Market”
The Money Statistics is a monthly report chock-full of financial facts and figures relating to many areas of life in the UK. Among these figures are several notable areas relating to mortgages and home ownership. For example, the average outstanding mortgage in the UK in August was estimated to be £121,678. While this is only … Continue reading “The Money Statistics for October Reveal Some Interesting Facts”
The British Mortgage awards were held on 3rd July at The Park Plaza Hotel in Westminster. The Mortgage Broker (St Neots) Ltd was shortlisted down to the top 3 contenders in the UK for Best Adviser for First Time Buyers. Unfortunately they didnt win and either came runner up or in 3rd place for the … Continue reading “The Mortgage Broker Runner up at The British Mortgage Awards”
The Mortgage Broker (St Neots) Ltd came in 2nd Place at the prestigious British Mortgage Awards that took place on the 4th July 2013 in London. Mary Chamberlain, who has been with the company for over 5 years, was shortlisted in the Best Broker First Time Buyer Category and narrowly missed out on winning the … Continue reading “The Mortgage Broker (St Neots) Ltd Runner up at the British Mortgage Awards 2013”
If you are considering buying property to let and live in a city or large university town, then it may have crossed your mind to let your property out to students. There are two sides to letting student accommodation, and you will need to consider the positives and negatives of student lets before going down … Continue reading “The Pros and Cons of Student Buy to Let”
The situation regarding the coronavirus is fast-moving. Developments are occurring almost hourly, affecting all areas of our lives. It’s a sobering time. The initial concern many people had (and still have) regarding the virus itself has led to self-isolation, working from home, and many other social distancing measures. It’s also led to financial worries for … Continue reading “The COVID-19 Mortgage Payment Holiday: What Does it Mean for You?”
Just prior to the financial crisis hitting in 2007, 100% mortgages were easy to find. Indeed, over 250 such mortgages were available at that time. Things changed once the financial crisis developed, however, and those deals vanished, virtually overnight. So, you would be forgiven for being concerned that some lenders are now offering these same … Continue reading “The Return of the 100% Mortgage But is it a Smart Idea?”
Before the recession hit the UK with full force, it was relatively easy to get a mortgage, particularly when compared to the challenges potential homeowners have been faced with recently. However, the past couple of weeks have seen some announcements that appear to herald the return of the 95% mortgage. This is something that was … Continue reading “The Return of the 95% Mortgage”