STAMP DUTY REDUCTIONS

STAMP DUTY REDUCTIONS

The government’s move to cut stamp duty means home buyers and property investors can save as much as £15,000 – but who stands to benefit the most? Stamp duty thresholds across the UK are being raised until March 2021 as the government looks to spark the housing market...
HOW IS COVID-19 AFFECTING HOUSE PRICES

HOW IS COVID-19 AFFECTING HOUSE PRICES

The UK property market has enjoyed a mini boom since reopening after the lockdown and the government’s stamp duty cut could result in more people moving home over the next few months.  Here we explain what’s happening to house prices and offer advice on making an...
FEES AND COSTS INVOLVED IN A MORTGAGE

FEES AND COSTS INVOLVED IN A MORTGAGE

Costs before completion Lender Arrangement fee This can be called many things including product fee or arrangement fee.  This can be a percentage of the loan or can be a flat fee.  Typically, the flat fees will be £995 or £1,995.  These will be included in the cost of...
CONTRACTOR MORTGAGES

CONTRACTOR MORTGAGES

What contractor mortgage lenders look for in a borrower Customers often ask us “can I get a mortgage as a contractor?” and the answer is likely to vary from lender to lender, based on a wide range of variables. Along with the usual criteria – such as your age, credit...
GETTING A MORTGAGE WITH STIPEND INCOME

GETTING A MORTGAGE WITH STIPEND INCOME

A stipend (sometimes called a benevolence income) is a payment made on a regular basis by an employer or organisation, to cover basic costs of living whilst working/training, such as food, housing, petrol and phone costs. These can include those studying for a PhD,...
MOVING HOME

MOVING HOME

Understanding your goals Whether moving from your first house or downsizing after the kids have moved out we will be able to help. We will assess your finances and gain an understanding of your goals. This will allow us to provide the best advice for you, along with...