Call Us Now
20
OCT
2016

The Rough Guide to Business Protection

With a majority of business owners focused on the day to day running of their business and its profitability, few take the time to understand the potential risks they could face should an owner/key employee die of suffer a critical illness. That’s why Legal & General...
18
OCT
2016

Guiding landlords through the tax relief changes

TMW has developed a handy new guide to the tax relief changes for landlords for you to consider. The new guide can help you understand if you’ll be impacted by the changes being phased in from 6 April 2017. Also see the calculator we published on 21 September – click...
21
SEP
2016

Buy to Let Tax Change Calculator

Tax relief changes for landlords are being phased in from April next year and could impact landlords’ profits. There’s an easy way to understand if you are affected – by using TMW’s simple calculator. Click the image to download tax relief calculator.
29
APR
2016

The Mortgage Works changes lending criteria for Buy-to-Let mortgages

The Mortgage Works is the first lender to tighten-up its lending criteria for buy-to-let mortgages following new guidance from the FCA. From 11 May the lender’s rental coverage requirement will increase from 125% to 145% and the maximum loan-to-value allowed will be reduced...
11
APR
2016

Exclusive BTL Report – Upcoming Tax Relief Changes

To help landlords and potential landlords to deal with the changes, Kent Reliance have collaborated with Ernst & Young LLP to produce an exclusive report that explains the changes and their potential impact. Click here to view
19
MAR
2016

New Lifetime ISA explained

Click here for HM Treasury document explaining the new Lifetime ISA
19
MAR
2016

Guide to Stamp Duty (SDLT) changes

Nationwide produces a useful guide to the Stamp Duty changes. Click here… Click here for detailed HMRC guidance.
03
JAN
2016

Income Protection Statistics

This information, provided by Friends Life, places into focus the reasons why income protection insurance should not be ignored.
03
JAN
2016

Critical Illness Statistics

These statistics, produced by Friends Life, place into focus the key reasons why critical illness insurance should not be ignored.
02
JAN
2016

How long can the average family survive without the main breadwinner’s income?

L&G’s latest 2014 research shows that without an income, people in the UK have on average just 29 days to the breadline. KEY FINDINGS AT A GLANCE The infographic above gives a quick overview of some of the key findings which include: 29 days – Average UK household...
02
JAN
2016

What is the value of a parent?

Legal & General has been researching the value of a parent for over 30 years. Parents may tend to take their wages into account when deciding on a level of cover, but they often don’t consider the unpaid domestic work they do. L&G’s research puts an average...
01
DEC
2015

What are Early Repayment Charges?

Lenders will usually lock you in for the initial deal period of a tracker or fixed rate mortgage with an early repayment charge (ERC). With ‘no ERC’ mortgages, you will be able to repay the loan at any time without forking out for an ERC. There will probably still be...
01
DEC
2015

What are the different types of mortgage interest rates?

When it comes to choosing a mortgage your choice is essentially between a variable rate – one that can change – and a fixed rate, which will not change for a certain period of time. Tracker and variable rates There are typically two types of variable rate mortgage:...
01
DEC
2015

What options do I have for repaying my mortgage?

Capital and interest: Otherwise known as a repayment mortgage. You make a payment to the lender each month which is made up of capital and interest, keep paying this amount for the life of the mortgage and by its end your debt will be cleared and you own the property outright....
01
DEC
2015

How do I get the best mortgage deal?

Getting the right mortgage is about more than just seeking out the lowest rate and it’s important to shop around. Some of the lowest rate schemes can carry big arrangement fees, whereas other schemes can carry smaller or no fee or offer help with other costs like valuation fees...
01
DEC
2015

What you need to think about before applying for your first mortgage

Are your finances in order? How much can you afford for a deposit? To get the best deal you need to make sure your finance is in order. The better your credit rating and bigger your deposit, the more options you will have when looking for a good mortgage deal. Your first move...
01
DEC
2015

How does the Help to Buy scheme work?

Help to Buy comes in two parts – a deposit-boosting interest-free equity loan for those buying a new-build home costing up to £600,000 and a guarantee scheme to encourage mortgage lenders to take on those with small deposits. Equity Loan The first part of Help to Buy offers...
03
NOV
2015

Help-to-buy: ISA – Details Announced

The Treasury has announced details of the new Help-to-buy ISA. Barclays, Lloyds Banking Group, Nationwide, NatWest, Santander, and Virgin Money will be offering Help to Buy: ISAs from 1 December. Savers will be able to put away up to £200 a month in the Help to Buy: ISA that the...
  • YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
    Whilst MortgageAbility does not charge for mortgage advice, please note that there will be an administration fee for arranging mortgages. The precise amount will depend upon your circumstances but we estimate it will be £395, payable on completion. MortgageAbility gives you the option to pay a non-refundable fee of 1% of the mortgage loan payable with the application. If this option is taken, MortgageAbility will refund any commission received from the lender.