Mortgage Rates Are Coming Down – What Does That Mean for You? After months of uncertainty, we’re finally seeing a positive shift in the mortgage market — interest rates are on the way down, and lenders are starting to compete for your attention. Whether you’re...
In the wake of Donald Trump’s recent tariff announcements, homeowners are starting to see mortgage rates fall. Financial markets have reacted sharply to these announcements, adjusting forecasts to anticipate faster-than-expected interest rate cuts. The Bank of...
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have confirmed they will consult with lenders regarding the 4.5x loan-to-income (LTI) cap, a rule that many institutions claim restricts the amount of mortgage lending they can...
Nurses play a vital role in society, and many UK mortgage lenders recognise their stable income and job security when assessing mortgage applications. If you’re a nurse looking to buy a home, you may be eligible for preferential mortgage rates, lower deposit...
Bank of England Holds Interest Rate at 4.5%, emphasising that borrowing costs must “remain restrictive for sufficiently long” to bring inflation down to the 2% target. This decision comes at a critical time as global economic uncertainty—driven by...
Understanding Self-Employed Mortgages in the UK Getting a self-employed mortgage in the UK can be more challenging than securing a mortgage as a salaried employee. Lenders often view self-employed applicants as higher risk due to fluctuating income and the absence of...
For many self-employed professionals and contractors in the UK, securing a mortgage can be challenging, especially if they have less than two or three years of trading history. Most high street lenders require at least two years of accounts, making it difficult for...
Getting a mortgage as a contractor in the UK can be challenging, as most lenders prioritize borrowers with traditional employment and fixed salaries. However, Halifax has been a pioneer in contractor mortgages, making it easier for self-employed professionals to...
When transitioning from full-time employment to contracting, one of the most appealing factors is the ability to earn more money. However, the way you operate as a contractor can significantly impact your take-home pay. In the UK, the two most common ways for...
Securing a mortgage as an IR35 contractor can be a complex process due to the unique way contractors are paid and taxed. Unlike traditional employees who receive a fixed salary, self-employed contractors, limited company contractors, and umbrella company contractors...
The UK Government introduced the Help to Buy scheme in 2013 as a way to support first-time buyers and home movers in securing a mortgage with a lower deposit. For contractors, the process of getting a Help to Buy mortgage may seem more complex than for employed...
Remortgaging a property involves replacing your current mortgage with a new one, using the same property as security. This process can help you secure a better mortgage rate, raise additional funds, or make changes to property ownership. Whether you’re looking...
If you’re planning to move home, whether upsizing or downsizing, there are several options for dealing with your existing property. The choice you make will depend on your financial goals, mortgage terms, and long-term property investment plans. You may decide...
As a contractor in the UK, keeping track of business expenses is essential for managing your finances efficiently. Depending on how you operate, there are various expenses you may be entitled to claim, reducing your overall tax liability. However, not all expenses...
If you’re a contractor in the UK, managing your finances efficiently is crucial. One of the biggest decisions you’ll face is whether to hire a contractor accountant or handle your accounts yourself. A contractor accountant specializes in providing...
The UK property market showed signs of slowing down in February, with buyer demand experiencing its sharpest decline in months, according to the latest RICS UK Residential Property Survey. The report revealed a net balance of -14% in buyer demand, a significant drop...
In a major update for mortgage borrowers, Halifax is set to cut residential fixed-rate offers by up to 31 basis points, making homeownership more affordable. Starting Friday, product transfers and further advance loans will also see reductions of up to 31bps, while...
A Limited Company Mortgage allows business owners to purchase property under their company’s name, offering tax benefits and asset protection. Unlike personal mortgages, lenders assess company finances, trading history, and risk before approval. For buy-to-let...
As a contractor, your financial situation is often unique, and securing the right life insurance is crucial to ensuring your family’s financial security in the event of the unexpected. While many focus on their day-to-day expenses, it’s easy to overlook the...
Buildings and Contents Insurance are two of the most essential types of home insurance you can have as a homeowner in the UK. They provide vital protection for both the structure of your property and the personal belongings inside your home. Whether you are buying a...
As a contractor in the UK, you have the flexibility to choose your work hours, but it also comes with risks. If you fall ill, it can significantly impact your financial situation. Critical Illness Cover is designed to help you maintain your financial stability, even...
Being a contractor offers many advantages, including flexibility in work schedules and the ability to work across multiple projects. For many contractors, becoming a landlord by investing in Buy to Let properties is an appealing way to secure a passive income and...
If you’re a contractor looking to move to a new home, you’ll need a home mover mortgage designed specifically for your unique financial situation. Unlike permanent employees, contractors are often considered higher risk by mortgage lenders, which can affect the home...
When applying for a mortgage as a contractor, the process can seem more complicated than for salaried employees. One of the key differences is the need to provide proof of your income stability and financial reliability. Unlike traditional employees, contractors may...
When transitioning from full-time employment to contracting, one of the most appealing factors is the ability to earn more money. However, the way you operate as a contractor can significantly impact your take-home pay. In the UK, the two most common ways for...
Navigating the world of mortgages can be a complex process, but for doctors, there are specialized home loan products designed to ease this journey. Doctor Mortgages are tailored to the unique circumstances of medical professionals, considering factors like income...
The Bank of England has reduced interest rates from 4.75% to 4.5%, marking their lowest level in the past 18 months. This latest cut, announced in February 2025, is the third reduction since August 2024. However, the Bank has emphasized a “gradual and...
Two major UK lenders, Santander and Barclays, made headlines on Thursday by launching mortgage deals with interest rates dipping below the 4% mark, a significant development in the mortgage market. This bold move comes at a time when mortgage providers are feeling...
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