News

Do you have enough cover in your 30s and 40s? Many people in their 30s and 40s might be slipping through the net when it comes to protection, as research indicates that this age group are most likely to be insufficiently insured. Do you need a higher level of cover? If you have children who are dependent on you and your financial stability, simply covering your outstanding mortgage, won’t be enough cover. You also need to consider the cost of raising a family so that your loved ones a...

There are many ways we can help clients in these uncertain times. To put it simply, it's not just about obtaining business. Sometimes, we merely offer advice and reassurance. Mandy Brown recently met with an existing client who was unfortunately going through a separation but didn't want to sell the family home. Mandy secured a joint borrower, sole proprietor mortgage arrangement with a willing family member to ensure the required mortgage amount could be reached. This meant she remained the...

Get yourself mortgage-ready!If you are hoping to buy a new home soon, it’s never too early to start preparing – get yourself mortgage-ready this summer by following these steps.Work on your credit scoreMortgage lenders will scrutinise your credit report to determine whether you can meet the monthly payments - the higher your score, the more likely it is that your application will be accepted. It’s free to check your records using TransUnion, Equifax and Experian. Lenders could use any of t...

We recently met with a couple who were buying a property in Tamworth. They submitted their application directly to their current lender, Santander, believing this would be the easiest option. They endured months of back-and-forth, sending in documents and waiting for decisions. Six months later, the entire chain was understandably very stressed, putting immense pressure on our clients, as they had had enough. They then discussed their application with our senior mortgage advisor, Lisa H...

Welcome to our latest local property market update.The number of properties for sale was up in May compared to last year, and the six-year average for May was also up.This is due to an increase in the number of new listings entering the market and properties taking longer to sell on average.A higher number of price reductions compared to the six-year average for May would also explain more properties being for sale, as reduced properties are 20% less likely to sell, and if they do sell, it takes...