Paying off your mortgage when you have retired.

Recent figures released from the Financial Conduct Authority (FCA), show that 40% of borrowers who took out a mortgage in 2017 will be over the age of 65 by the time the loan is repaid. Why is this happening? With property prices increasing, first-time buyers are often having to wait until their thirties before they [...]

2019-02-27T12:31:06+00:00 February 27th, 2019|News|

How a Help to Buy ISA could help you buy your first home.

Recent government figures have shown that 147,000 first-time buyers have purchased their homes using a Help to Buy ISA. What is a Help to Buy ISA? A Help to Buy ISA is designed to help first-time buyers save up a deposit for their home. The government will add 25% to your savings. This is up [...]

2018-10-29T09:49:36+00:00 October 29th, 2018|News|

Interest Only Mortgage. It’s time to act!

In the eighties until 2009, interest-only mortgages were a popular option.  Now, however, many of these mortgages are coming to the end of their term and money must be found to pay off the original capital borrowed. So, what should you do if you have an interest-only mortgage? Firstly, you need to ascertain how much [...]

2018-04-04T12:46:59+00:00 April 4th, 2018|News|

Interest only mortgage. Is downsizing the only option?

The housing charity Shelter released a report that showed property prices had increased by more than 43 times what they were in 1971. They highlighted that this increase was far in excess of year on year inflation. After building up such a high level of equity in their property over the years, homeowners with a interest [...]

2018-02-21T15:50:11+00:00 February 22nd, 2018|News|

Help to Buy. Could it help you get on the property ladder?

Recent figures released by the government show that over 300,000 home have been brought with the help of initiatives. This may have been with help through the equity loan scheme, shared ownership or the Help to Buy ISA. What is Help to Buy? The Help to Buy, equity loan scheme, allows buyers to borrow a [...]

2018-02-21T15:50:17+00:00 February 5th, 2018|News|