Thinking about flying off to RIOs?

Could RIOs be a solution for borrowing into retirement? The number of mortgage companies offering “Retirement Interest Only mortgages” (RIOs) seems to be increasing month by month. Figures from the financial researchers “Moneyfacts” show that there were only five providers in July last year, but now we are up to thirty-eight. This trend is expected [...]

2019-02-27T12:22:40+00:00 March 18th, 2019|News|

Could Equity Release be the answer to interest only mortgages?

For homeowners with an interest-only mortgage, these can be worrying times. Many will not have a repayment plan and could be looking at an uncertain financial future. The worst affected are people coming up to retirement. They are likely to have taken out an endowment plan which was designed to repay the capital amount of [...]

2019-03-18T15:35:51+00:00 February 25th, 2019|News|

Success forces relocation of our Stamford Office.

Welcome to your  new Stamford  Office Due to the ongoing success of the Stamford Office, we are moving to new premises within the town. We are have outgrown The Grey House Office on Broad Street and will now be operating from Orion House, Barn Hill still in the town centre. The office phone number remains unchanged. [...]

2018-11-15T15:47:35+00:00 November 26th, 2018|News|

Lifetime mortgage. The top 10 facts you need to know.

As a company, we are now getting more enquires than ever about lifetime mortgages. A lifetime mortgage allows you to release a tax-free sum from the equity locked in your home, without having to move. You can spend the money on whatever you like. A lifetime mortgage is a form of equity release. The Equity [...]

2018-08-13T12:01:24+00:00 August 23rd, 2018|News|

Top marks to our Mortgage Adviser on his mortgage advice.

Congratulations to John “Bob” Cossons on receiving top marks from a national publication on the mortgage advice he gave. Each week a mystery shopper from the FT Adviser seeks advice from independent advisers in the UK.  The FT Adviser is part of the well-respected Financial Times Group of publications. The aim is to find out [...]

2018-06-14T09:08:43+00:00 June 14th, 2018|News|

Unable to repay your interest only mortgage? A lifetime mortgage may help.

The Financial Conduct Authority (FCA) recently estimated that there are around 2.6 million people with interest-only mortgages in the UK. These figures excluded buy-to-let mortgages. To help with this mortgage companies are coming up with some creative solutions. For many, equity release is still the best and most flexible solution. So what is equity release? [...]

2018-06-12T09:55:53+00:00 June 11th, 2018|News|

Mortgage borrowing into retirement. Should you?

Over the last few years, mortgage lenders have become more amenable to older borrows who are moving into retirement. We have seen mortgage rates improve and there's now greater flexibility in the products available. Traditional mortgage lenders are now will to extend the borrowing term of the mortgage beyond state pension age. The requirement that [...]

2018-04-13T14:20:02+00:00 April 30th, 2018|News|

Lifetime mortgage for the “silver separators”.

Divorce is an area where sound independent professional advice early on can make a real difference. For example, a split where one party gets the home and the other get the cash and investments may seem fair at first. However, the fall out may be that one party is tied to a property which may [...]

2018-02-21T15:50:11+00:00 February 26th, 2018|News|