Mortgage › Everest Rock Mortgage and Protection

04 Jan 2024

Selling a Home with a Help-to-Buy Equity Loan

Economy, Mortgage

Launched back in 2013, the Government’s ‘Help-to-Buy’ scheme was designed to help first time buyers get onto the property ladder, through offering an equity loan for up to 20% of a property’s value, interest-free for the first five years1.But a decade on, what happens if you are looking to sell…

11 Dec 2023

Remortgages: Don’t Just Settle for Your Lender’s Offer

Mortgage

2024 is set to be a busy time for many homeowners, with the initial fixed term periods on mortgages expiring for a lot of clients across the market1, leading to some big decisions being required on remortgaging options. What happens when your initial mortgage period expires? Your initial fixed-term period…

02 Nov 2023

The Bank of England Holds Interest Rates at 5.25%

Economy, Mortgage

Today, the Bank of England has again announced that interest rates are to be held at 5.25%.This is the second such decision to hold interest rates at 5.25%, after a long period of rate rises since the end of 2021. These previous rate rises have pushed up the cost of…

12 Oct 2023

Should I overpay my mortgage?

Mortgage

Whilst many people may be struggling to keep up payments on their mortgages in the wake of steep interest rate rises, there are a significant number of homeowners who may be wondering whether it is worthwhile paying more than the minimum statutory repayments each month, with the aim of helping…

27 Sep 2023

Guidance for Landlords on Increasing Capital Gains Tax Payments

Economy, Mortgage

One knock-on effect of the rise in mortgage rates has been anoticeable increase in the amount of buy-to-let properties being sold, aslandlords find their mortgages more expensive to afford and representing aless-worthwhile return on investment. The latest available data for April & Maythis year shows that as many as 25,000…

27 Sep 2023

Finally, Some Positive News for Home Buyers?

Mortgage

As you know, recent times have been filled with headlines about rising mortgage rates, making it challenging for many to balance their monthly mortgage repayments against the rising cost of living or moving home to fit their current life circumstances, for example. However, there are further glimpses of positive news…

13 Sep 2023

The costs of moving home

Mortgage

The idea of moving home can be very exciting, but in today’s economic climate, it pays to keep an eye on just how much it costs. According to research[1][2], the average cost of moving home in the UK can be between £12,000-£14,000, when you factor in the wide range of…

30 Aug 2023

Finally, Some Positive News for Home Buyers?

Mortgage

As you know, recent times have been filled with headlines about rising mortgage rates, making it challenging for many to balance their monthly mortgage repayments against the rising cost of living or moving home to fit their current life circumstances, for example. However, there are further glimpses of positive news…

29 Aug 2023

What’s going on with mortgage rates?

Mortgage

Chances are that you will have seen the news headlines in recent weeks – inflation remains way above the Bank of England’s target rate of 2%, meaning that interest rates are continuing to rise for far longer than originally expected. This is ultimately impacting mortgage rates making the cost of…

Category: Mortgage