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+01:00 February 27th, 2019|News|

Remortgage: Does it pay to switch deals?

How to save money by remortgaging. As a home buyer, you could easily cut your monthly mortgage cost by moving from a standard variable rate (SVR). The SVR is the rate your mortgage defaults to after the initial rate. This might have been a discounted rate or a short term fixed rate.  It can also [...]

2019-02-07T13:53:55+01:00 February 7th, 2019|News|

Overpaying your mortgage? Should you?

Recent figures from the consumer group "Which" show that nearly half (46%) of homeowners are overpaying their mortgage. The largest group overpaying being the under 25's. So should you be thinking about overpaying your mortgage? Why should you overpay your mortgage? Overpaying allows you to save on your interest payments. This saving can be substantial [...]

2019-01-21T11:44:10+01:00 January 21st, 2019|News|

Remortgage. Are you paying too much out of apathy?

The mortgage industry estimates that over two million of us are paying too much for our mortgage. Home buyers have not taken note of when there fixed or discounted rate deal has ended and have gone onto their mortgage lenders standard variable rate (SVR). The SVR is also known as the rollover or reversion rate. [...]

2018-08-03T17:06:33+01:00 August 13th, 2018|News|

Critical illness cover. Preparing for the worst.

You may be one of the millions of people in the United Kingdom who have critical illness cover. This vital protection was often taken out when you brought your first mortgage or renewed it. A good mortgage broker will renew your policies for you to ensure that they still providing the level of cover need. [...]

2018-07-24T16:42:01+01:00 August 6th, 2018|News|