Mortgage criteria: How much can I borrow?

The first question our mortgage advisers are usually asked is "How much can I borrow”? In the past, mortgage lenders based the amount you could borrow mainly on a multiple of your income. This was often referred to as the loan-to-income ratio. Mortgage criteria have now changed. This worked by looking at your salary and [...]

2019-07-01T16:43:39+00:00 July 15th, 2019|News|

Property wealth is used to clear unsecured debts.

First of all, for many people entering retirement with a reduced income, budgeting to pay for existing mortgage and credit card debts can be hugely stressful. Often people will continue working longer than they planned or consider drastic and unnecessary changes to their lifestyle by selling up and moving to a cheaper property. Figures show [...]

2019-06-12T16:44:54+00:00 July 4th, 2019|News|

Time is running out to get a “Help to Buy ISA”

If you are a first-time buyer you only have until 30th November 2019 to take out a Help to Buy ISA. So what is a Help to Buy ISA? A Help to Buy ISA is a type of Individual Savings Account (ISA) designed to help you if you are a first-time buyer save for a house [...]

2019-06-06T16:18:33+00:00 July 1st, 2019|News|

How much will it cost to buy your first house?

This guide will give you an indication of the major costs associated with buying your first house or flat in England. The processes and fees for Wales and Scotland are different. We will look at the cost of moving home, your deposit and solicitor fees. This guide will help you budget for these costs to [...]

2019-06-04T12:58:21+00:00 June 24th, 2019|News|

Equity release. Unlock the money in your home.

It is true that most people’s financial wealth in the UK is tied up in their property. Many retired people consider themselves to be “cash poor but property rich”. To help you release this money, equity release can be used in later life to supplement pension income or used to finance major items of expenditure. [...]

2019-05-21T11:19:46+00:00 June 6th, 2019|News|

More financial pressure for the “Sandwich Generation”.

 So who are the “Sandwich Generation”? The "Sandwich Generation" are the group of people who are feeling the financial strain of supporting their children, grandchildren and ageing parents. With young adults struggling to achieve financial independence and a population that is living longer the burdens and responsibilities of the over 55s are increasing. Recent research [...]

2019-05-15T09:28:57+00:00 May 23rd, 2019|News|

Exam success for apprentice Megan Leach.

"Congratulations" to Megan Congratulations to Megan Leach, our Apprentice Mortgage and Protection Administrator for passing her exam. Megan successful completed, “Principles of Administration” (Exam 319) part of her NVQ Level 3 business administration qualification. Additionally, she is supported in her training by the Kettering Office of "Starting Off". The multiple choice exam covered the following [...]

2019-05-23T11:15:19+00:00 May 20th, 2019|News|

Now could be the best time to be a first-time buyer?

We could be entering a period of opportunity for first-time buyers. Market conditions could be perfect for people looking to buy their first home. Buyers are able to take advantage of cheap mortgage rates and the weakening housing market.  Additionally, as a first-time buyer, you can still make use of the government’s Help to Buy [...]

2019-05-16T09:02:38+00:00 May 16th, 2019|News|

NatWest Local Hero Mortgage Awards Night.

By Jane Lumley-Walker, Office Manager. As you may be aware Anstee & Co entered into the “NatWest Local Hero Mortgage Awards”. The awards are to recognise the charity and community work carried out by the companies that work with NatWest. We put forward details of the charity work we have done, fundraising for various charities [...]

2019-05-10T16:29:41+00:00 March 21st, 2019|Community, News|