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Help To Buy 2.0

During the (virtual) Conservative party conference, Boris Johnson announced his intention to create “Generation Buy”.  It looks as though he may introduce two separate schemes to make this happen.  The details of one of these schemes are, currently, very hazy.  The...

Difficult to place mortgages

If you’re the proverbial round peg in a square hole you may find that mainstream lenders and mainstream products just don’t work for you.  Either lenders won’t touch you because of your circumstances or you don’t think any product you could get would be right for your...

Key worker mortgages

Occasionally, mainstream lenders may offer special products for key workers.  It is, however, more likely that they will offer key workers the same deals as everyone else, but be prepared to show some level of flexibility with regards to their personal circumstances. ...

Understanding the Mortgage Market Review

​After the 2008 financial crisis, the Financial Conduct Authority (FCA) undertook a review of the mortgage market.  This resulted in the introduction of affordability criteria, which came into effect in 2014.  Since then, mortgage lenders have been obliged to stop...

Equity Release

In principle, there are two types of equity release – home-reversion schemes and lifetime mortgages.  Home-reversion schemes are when you sell all or part of your home either for a lump sum or an income.  Lifetime mortgages are when you mortgage all or part of...