Michael Parsons - Mortgage and Protection Advisor

Michael Parsons - Mortgage and Protection Advisor Whole of Market Mortgage and Protection Advisor, specialising in cases with Adverse credit

16/03/2026

Mortgages rates increasing!!

Morning everyone

Hope you all had a great weekend. I had a good one myself – I ran a 10k race I’d been training for and managed 48 minutes 15 seconds, which I was very pleased with… at least until they announced the course was slightly shorter than expected!

On a more serious note, I wanted to mention what’s currently happening globally and how it could affect mortgage rates. With increasing geopolitical uncertainty, markets have reacted quickly and we’ve already seen several lenders increase their rates over the past week. I’ve actually had more emails from lenders this morning confirming further increases.

Because of this, if you have a fixed-rate mortgage ending in the next 6 months , it may be worth reviewing your options sooner rather than later. In many cases you can secure a new rate in advance , and if rates improve before completion there can still be options to switch to a lower one. Locking something in now can help protect you if rates continue to rise.

Even if you don’t use me as your broker, speak to your bank or your broker and check your options – the key thing is not to leave it too late.

If anyone wants to have a quick chat about their situation, feel free to drop me a message.

Your home may be repossessed if you do not keep up repayments on your mortgage.

04/02/2026

Good morning everyone

January felt like it lasted about six years… but we made it. The days are getting brighter, and I’m absolutely here for it.

There’s also some genuinely exciting movement in the mortgage world that I wanted to share:

🌟 Santander has launched its ‘My First Mortgage’ at 98% loan-to-value.
This means first‑time buyers may only need a **2% deposit** to get started. As always, lending is subject to eligibility—things like credit history, income, deposit level and employment status will all be assessed—but it’s a positive step for anyone trying to get onto the property ladder.

🌟 Even bigger news:
Melton Mowbray Building Society has introduced a **100% mortgage product** for eligible applicants in the East Midlands. No deposit required. It’s currently limited to that region, but if it expands nationally, I’ll keep you updated.

Wishing you all a great Wednesday
Michael

Your home may be repossessed if you do not keep up repayments on your mortgage.

29/09/2025

Good afternoon everyone!
I hope your week has started off kindly. Unfortunately, I’m currently suffering from the dreaded man flu. I’m convinced it’s something far more serious, but apparently, I’ve been told (in no uncertain terms!) that it’s just man flu after all.

Feeling under the weather got me thinking: *what if it actually was something more serious?* What if I couldn’t work for a while — how would the bills get paid?

Yes, I’ve got some savings, but how long would they last? And honestly, I’d much rather use that money for the fun stuff — like holidays or watching Spurs — instead of covering everyday bills.

This is where **Income Protection** comes in. If you’re ever seriously ill, break a bone, or pick up a nasty injury that stops you from working, an income protection policy can cover up to **65% of your monthly income** until you’re fit to return. That means you can focus on recovery without the extra stress of wondering how the bills will be paid.

Even better — you can claim more than once. So if you’re into rugby, martial arts, or any other sport where injuries are a real possibility, this could be a game-changer for you.

👉 If you’d like to know more about how income protection could work for you, just drop me a message.

17/06/2025

Morning all! ☀️

Hope you’ve been enjoying the sunshine! I’ve not had much time to soak it up myself, but I’m currently parked in a lovely air-conditioned hotel bar — and I’m off to Royal Ascot on Friday for a couple of days! 30°C forecast... could be worse! 🎩

Quick heads-up: mortgage rates are the lowest they’ve been in a while. If you're thinking about moving or remortgaging in the next 6 months, now’s a great time to chat.

Drop me a message with any questions — just maybe not Friday or Saturday… I can’t promise a professional response on race day! 😉

**YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH YOUR MORTGAGE PAYMENTS**

07/05/2025

🎉 **Big News for First-Time Buyers!** 🏡

Skipton Building Society has just launched their brand new **‘Delay Start Mortgage’**, and it could be a **massive help** if you're looking to buy your first home!

👉 **What’s the deal?**
✅ No mortgage repayments for the first **3 months** (yep, really!)
✅ Only a **5% deposit** needed (up to 95% loan-to-value)
✅ Choose a **2 or 5-year fixed rate**
💡 Great for easing pressure with things like **moving costs**, **rent overlaps**, or buying essentials for your new home!

📍 Interest accrues from day one, and you must meet affordability & lending criteria.

Want to know if it could work for you? 📩 Send me a message and let’s chat!

⚠️ *Your home may be repossessed if you do not keep up repayments on your mortgage.*

02/05/2025

🔥 **SUB-4% MORTGAGES ARE BACK!** 🔥

Yep, you read that right — mortgage rates have been *quietly creeping down* 📉 over the past few weeks thanks to recent shifts at home and abroad.

Right now, with a **40% deposit**, you could lock in a rate as low as **3.79%** 🏡💰

💡 **Important**: To qualify for this rate, you’ll need to meet certain criteria — including deposit amount, affordability checks, and a solid credit score.

✅ Great if you’re remortgaging
✅ Great if you’re moving
✅ Even better if your finances are in good shape

💬 Thinking of making a move? Now’s a *very* smart time to explore your options — let’s chat!

📌 *Your home may be repossessed if you do not keep up repayments on your mortgage.*

24/03/2025

Thinking of Renovating? Remortgaging Could Unlock the Funds You Need!

Looking to extend your home, upgrade your kitchen, or refresh your space? **Remortgaging** could be a smart way to finance your plans while potentially securing a better mortgage deal.

✔ Access funds by borrowing against your home’s value
✔ Potentially lower your current mortgage rate
✔ Avoid high-interest loans with a cost-effective alternative

I Can search the whole market to find the best deal tailored to you.

📞 **Book your free consultation today!**

*Your home may be repossessed if you do not keep up mortgage repayments.*

11/03/2025

**🚀 First-Time Buyer? These Government Schemes Could Help You Get on the Property Ladder! 🏡**

Did you know there are government-backed schemes designed to make buying your first home more affordable?

✨ **Lifetime ISA:** Get a 25% government bonus on your savings (up to £1,000 per year).
🏠 **Shared Ownership:** Buy a share of a home and pay rent on the remaining portion.
🔑 **First Homes Scheme:** Access discounted properties for first-time buyers in England.

I am a **whole of market**, meaning i can access every deal available and recommend the one that suits you best.

**📞 Contact me today for a free consultation — let’s make your dream of homeownership a reality!**

*⚠️ Your home may be repossessed if you do not keep up repayments on your mortgage.*

28/02/2025

🏡 **Dreaming of Your First Home? Let’s Get Your Credit Score in Shape!**

Your credit score plays a HUGE role in securing a great mortgage deal — and we’re here to help you boost it. 🚀

Here are **4 quick tips** to level up your score:

✅ **Pay on time:** Show lenders you’re reliable.
✅ **Keep credit low:** Use less than 30% of your limit.
✅ **Spot & fix errors:** Check your credit report for mistakes.
✅ **Register to vote:** It helps confirm your identity.

🔑 **Why choose Me?**
I can search the **whole market** to find the BEST mortgage deals for your situation — and we’ll guide you every step of the way.

💬 **Book your FREE consultation today!**

📢 *Remember: Your home may be repossessed if you do not keep up repayments on your mortgage.*

26/02/2025

**💰 Dreaming of Your First Home? Let’s Make That Deposit Happen! 🏡**

Saving for a deposit can feel daunting, but with a few smart moves, you could get there faster than you think:

✨ **Set a Clear Goal:** Figure out your target amount and break it down into achievable monthly chunks.
✨ **Boost Your Savings with a Lifetime ISA:** Save up to £4,000 a year and score a **25% government bonus** — that’s an extra £1,000!
✨ **Trim the Extras:** Cutting back on small luxuries can add up to big savings over time.

**Here’s the best part:** You might not need as much as you think — some lenders accept deposits as low as **5%!**

I can search the **whole market** to find the perfect deal for you. Our expert advisers will guide you through your options and get you one step closer to grabbing those keys. 🔑

📩 **DM me to book your FREE consultation today!**

*🔔 Remember: Your home may be repossessed if you don’t keep up with mortgage repayments.*

14/02/2025

🏡 **Buy Your First Home with No Deposit!** 💡

Struggling to save for a deposit? A **Family Assist Mortgage** could be the solution! With this option, you can **borrow 100% of the property value—no deposit needed!** 🚀

**How does it work?** Your family can help by:
✅ Offering a **20% charge** on their property
✅ Depositing **20% into a Family Assist savings account**

After a set period, an affordability check will determine if you can take on the mortgage independently.

**Key Benefits:**
🔹 **100% Loan-to-Value (LTV)**—no deposit required
🔹 Family can support with **20% of the property value**
🔹 Ideal for **first-time buyers**

I search the whole market to find the best mortgage deal for you. 💼

📩 **Get in touch today for a free consultation!**

*Remember, a mortgage is secured against your home, and your property may be repossessed if you don’t keep up repayments.*

🔗 [Learn more here](https://tinyurl.com/knczz47c)

23/01/2025

**🛠️ Contractor? 💻 Freelancer? ⏳ Short-term role? No problem!**

Think getting a mortgage on a fixed-term contract is tricky? 🤔 It doesn’t have to be. Many lenders are ready to help – and so are we. 🙌

I specialise in matching contractors and freelancers with the right lenders. With access to the whole market , I will find a deal that works for you.

💬 *Book your free consultation today!*

⚠️ *Your home may be repossessed if you do not keep up repayments on your mortgage.*

Address

White Street
Derby

Telephone

+447772544302

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