Retirement Age for Mortgages

Retirement Age for Mortgages

With rising interest rates, many homeowners have been forced into extending their mortgage term to ensure the monthly payments remain affordable. This has led to an increase in the number of people looking to take the maximum mortgage term available to them....
Mortgage Budgeting – A New Era for Interest Rates

Mortgage Budgeting – A New Era for Interest Rates

Following the recent interest rate rises, borrowers looking to secure new mortgage lending now face the prospect of significantly increased monthly payments compared to recent years. Interest rates have been steadily rising across the last six months and the fiscal...
Mortgage Market Update

Mortgage Market Update

Mortgages and rising interest rates have been headlining news across the country this week. This has followed the reaction of financial markets to the fiscal statement delivered by the new Chancellor. Mortgage lenders have moved swiftly in their response and the...
Stamp Duty Reform

Stamp Duty Reform

Stamp duty has changed and this time the changes are permanent. This week saw a Budget announcement from the new Chancellor in which a set of economic policies were announced. A change to stamp duty was one of the policies at the forefront of the announcement. Stamp...
The End of the Help-to-Buy Equity Loan

The End of the Help-to-Buy Equity Loan

The Help-to-Buy Equity loan is ending very soon. The government-backed initiative has supported buyers, latterly just first-time buyers, as well as the new-build sector and the overall housing market. Looking ahead into 2023, Help-to-Buy will be no more. Over the last...