How would a rate rise affect you?
Tomorrow, Thursday 2nd November 2017, the Bank of England’s Monetary Policy Committee may decide to keep the base rate at 0.25% or apply a historic increase. It is worth noting that Mark Carney, the Governor of the Bank of England has consistently stated that the rises in base rates will be small, a…
Micro homes; intelligent solution or part of the problem?
What is a micro home?
A ‘micro home’ doesn’t have a strict definition, but is broadly classed as a home with a floor area under 37sqm, which - based on UK Government standards - is also the minimum size for a studio flat. Micro homes are typically in prominent locations and often have communal area…
7 great reasons to contact your adviser
1. Your circumstances have changed In a very short time your circumstances can change significantly. Many life events can come and go without you considering the implications they could have on your mortgage or on your protection needs. If you think something may have changed that is of importance, …
A beginner’s guide to remortgaging
What is remortgaging?
Remortgaging is the process of switching a mortgage to a different lender without moving homes. For many borrowers, it is also the ideal opportunity to review their personal and financial circumstances and to consider whether their current mortgage and lender is the most suit…
Is your interest-only mortgage coming to an end?
If you are on an interest-only mortgage that is nearing its end, you may be considering the next step. The good news is, you won’t be alone. Nearly 136,000 interest-only mortgages are due to mature in 2017, with a combined value of almost £16 billion. Fortunately, lenders are innovating their produc…