Call Us Now
18
OCT
2016

Lifetime mortgage rates at record low post-Brexit

Lifetime mortgage rates have dropped to new record lows following reductions in government bond yields in the aftermath of the Brexit vote, according to Legal & General. Legal & General’s Flexible Lifetime Mortgage product now offers an interest rate of 3.71% fixed for...
11
MAY
2016

Interest-only crisis drives lump sum equity release sales

Imminent interest-only mortgage due dates have driven a surge in sales of lump sum equity release plans, according to Key Retirement data. 40% of customers are now taking a single lump sum advance to reduce their debts, up from 30% from Q1 2015. Key believes the surge in sales...
03
NOV
2015

Mortgage News & Information – November 2015

Published and distributed my regular mortgage newsletter today. This issue’s focus is on articles supporting the need to use a mortgage broker, market news and lender updates. If you did not receive a copy, it can be viewed here – November 2015 Newsletter You can subscribe for...
27
OCT
2015

Equity release sees biggest quarterly rise for 11 years

Figures just released by the Equity Release Council show a significant increase in demand for Lifetime mortgages. Lifetime Mortgages provide an opportunity for over 55’s to tap into their housing wealth and release funds for pretty much any legal purpose. For example, they...
  • 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.