Welcome to Tracy Walsh who has joined the support team at our Kettering office. Tracy will form part of the expanding Pensions and Investment team. Her role will be to provide administrative support to our independent financial advisers. Also, she will liaise with our providers and clients. Tracy has over ten years’ experience in various [...]
Landlords with a buy-to-let mortgage will be facing further new regulations being introduced on the 1st October 2017. These new rules have been introduced by The Bank of England. They apply to landlords who have a property portfolio of four or more properties. Every time such landlords refinance one property or buy another, mortgage lenders will have [...]
The Financial Conduct Authority (FCA) who regulates the mortgage market in the United Kingdom have launched proposals to create a market for interest-only mortgages for the retired. Also referred to retirement mortgages. They have approached the mortgage industry to look at solutions for interest-only mortgages that last until you die. What are the FCA’s [...]
Launched in 2013 the Help to Buy mortgage scheme was meant to “help anyone who works hard and aspires to own their own home has that opportunity” So said the then economic secretary to the Treasury, Stephen Barclay. How does Help to Buy work. With the Help to Buy equity loan the government will lend you up [...]
The Bank of Mum and Dad keep growing to become a £6.5bn UK Mortgage Lender on a par with the 9th largest UK lender. It continues to grow in importance in helping young people take their early steps onto the housing ladder. It will be involved in more than a quarter of all property transactions [...]
Published by Darren Amos, Financial Adviser at Anstee & Co., Independent Financial Advisers. Looking at Buy to Let property and mortgages. As you’d expect there isn’t a simple Yes or No! Following the changes in taxation legislation announced by the chancellor, some of which are already in effect. There has been a lot of debate about landlords [...]
