If you’re thinking about remortgaging your home, our blog posts in this category provide valuable insights on when and why to remortgage, how to compare mortgage deals and what to expect during the remortgaging process.
The June figures show a fall from 8.7% to 7.9% which was more than expected, experts were forecasting a figure of 8.2%. This is good news for borrowers as it takes the pressure off the Bank of England to increase the base rate as much as they may have done. What does this mean for […]
Inflation at lowest level in 16 Months! Read More »
Bear in mind that what you must pay back is a percentage of the property’s current value, not what you paid for it. If house prices are likely to go up over that five-year period, it’s best to pay off the loan quickly. The Government’s Help to Buy Equity Loan scheme is designed to help those
Should I repay my Help to Buy equity loan? Read More »
The business of being a landlord is changing fast. HMRC have made it difficult for Landlords to make a “profit” from rental for Landlords who have a mortgage. With rising interest rates, the gap between payments and rental has closed and in some cases, after tax, the rent may not cover the mortgage. Landlords are
The increasing Struggles of being a Landlord. Read More »
The Bank of England base rate has been increased to 5.0% following todays meeting of the MPC. We understand that our mortgage customers will be concerned about future increases in their mortgage payments. It has never been more important to speak to us if you have concerns about the affordability of your home going forward.
We can help with rising rates. Read More »
The Pros and Cons of Equity Release: Making an Informed Decision with Prospect Tree Mortgages Are you a homeowner who needs to supplement their retirement income, pay off debts, or make home improvements but doesn’t have the funds to do so? If so, you may have heard of equity release. Equity release is a financial
The Bank of England just increased the Base Rate: What does this mean for your mortgage payments? Date: 23rd March 2023 Author: Prospect Tree Mortgages The Bank of England‘s Monetary Policy Committee (MPC) recently announced that the base rate has been increased to 4.25%. This news has raised concerns for many homebuyers and those looking
The Pros and Cons of Equity Release – A Comprehensive Guide If you’re a homeowner looking to release equity from your property to supplement your retirement income or fund other expenses, Equity Release can be a viable option. However, before you make a decision, it’s essential to understand the pros and cons of Equity Release
The Pros and Cons of Equity Release – A Comprehensive Guide Read More »
Why partnering with Prospect Tree Mortgages is a Win-Win for Your Business At Prospect Tree Mortgages, we understand the importance of finding the right mortgage for your clients. With over 300 five star reviews, our clients can trust in our ability to provide a stress-free and effective process. As an independent broker, we have access
Referring to Prospect Tree Mortgages Read More »
Pros & Cons: Tracker Rate Mortgage vs Fixed Rate Mortgages What are the different types of mortgage? When it comes to taking out a mortgage as a First-time Buyer is the United Kingdom, there are two main types of mortgage rates to consider: fixed rate mortgages and tracker rate mortgages. Each type of mortgage has
Pros and Cons: Tracker Rate Mortgage vs Fixed Rate Mortgage Read More »
Why partner with Prospect Tree Mortgages Working with Prospect Tree Mortgages an be a great opportunity for businesses, particularly those in estate agency, accounting, and legal industries. By partnering with us, these businesses can offer their clients a high-quality mortgage advice service, while also earning a share of the commissions generated through lenders and insurance
Why partner with Prospect Tree Mortgages? Read More »
