First-time buyers still ruling the market roost
First-time buyers (FTBs) borrowed more in 2016 than in any other year since the Council of Mortgage Lenders’ records began back in 1974. This latest data reveals that a combination of low interest rates and governmental schemes, such as Help to Buy, has helped to boost entry into a challenging housi…
Will mortgage rates climb in 2017?
It has been widely publicised that the Bank of England base rate remains at its lowest ever level. This means that many home buyers and home movers have seen relatively low interest rates. Those looking to remortgage could also currently benefit from a competitive fixed rate deal, to avoid moving on…
Meet the Spencer Family
Leading provider AIG Life has announced the launch of a fictitious family called ‘The Spencers’. Case studies and real life scenarios are currently very effective in helping advisers talk to clients about the benefits of cover, which is why AIG have created The Spencer Family. Spanning a full four d…
Are you considering the Limited Company option?
With rates holding low at 0.25%, investing in property could still be a good idea for many. This is despite the tax changes that are due to begin from April 2017, at which point the tax relief that landlords of residential properties receive for finance costs will start to be restricted to 20%. This…
Life after Help to Buy 2
With the government’s Help to Buy: Mortgage Guarantee Scheme, or Help to Buy 2, no longer available for first-time buyers, some lenders have stepped in to ensure those with only a 5% deposit are still able to find a mortgage.
Despite concerns that lenders would shy away from offering 95% mortgages …