Call Us Now
01
JUL
2020

Current Help to Buy: Equity Loan scheme will end on 31 March 2021

There are no plans to extend the existing Help to Buy: Equity Loan. It will end on 31 March 2021. A new Help to Buy: Equity Loan scheme for first time buyers only will be available from 1 April 2021 to 31 March 2023. Check if you are eligible for the new Help to Buy scheme...
26
MAY
2020

Income Protection insurance explained

Not many policyholders would have been able to to claim on their income protection policies as a result of the impact of Covid-19. However, many would. It would depend on how they structured the payment of the policy benefits when setting up the policy. Income Protection...
12
MAY
2020

What amount can I borrow on a mortgage?

The most common question that I am asked is, “how much can I borrow on a mortgage?” When life was a lot simpler, the answer was quite straightforward – the amount was a simple multiplier of your annual gross income. Normally around 4x, so someone with a gross...
01
MAY
2020

Coronavirus – tenants in financial difficulty

The government has implemented new legislation to protect tenants experiencing financial difficulties as a result of the coronavirus outbreak. You can download a copy of the government guidance on the new requirements here. We have outlined some of the key areas of consideration...
30
APR
2020

Average age for claims show the importance of life insurance

Life insurance claims figures, released by Legal & General, reveal some interesting facts about the average age of claimants and the cause of the claims. The average age for claims on income protection policies (those policies that pay out when you are unable to work because...
22
APR
2020

Coronavirus Business Support Guide

Very useful guide produced by Darnells Newton Abbot. Darnells-Coronavirus-Business-Support-Guide-16-April-
02
NOV
2019

FCA Proposes New Rules to Help ‘Mortgage Prisoners’ Refinance Homes.

The FCA has set out new rules through its policy statement PS19-27, that are designed to remove the barriers that prevent some mortgage customers from finding a cheaper mortgage deal. The new rules will allow lenders to use a a more relaxed affordability assessment for customers...
14
FEB
2018

Darnells Buy-to-Let Guidance

  This is a very useful four- page guide covering the current tax regime for buy-to-let property, produced by local accountants Darnells. Download a full copy here…
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...
12
  • 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.