Dan the Mortgage Man

23/09/2021

How are you? We’d all like to say fine but sadly for some a critical illness means the answer isn’t a simple one. Being unable to work can mean not providing for your family. In 2020, 91.3% of all critical illness claims were paid, averaging a payout of £67,011.

Make sure you protect your family if you can’t work due to a critical illness. Speak to one of our trained advisers today: https://www.themortgagebrain.net/

*As with all insurance policies, terms, conditions and exclusions will apply. (Sources: Association of British Insurers, 2020 data, May 2021 release; *2020 claims data from LV and Aviva)

08/07/2021

We often get asked what the is difference between a repayment mortgage and interest-only mortgage...
✅A repayment mortgage repays some of the interest you owe and some of the capital you’ve borrowed each month and at the end of the mortgage term you will have paid back everything borrowed and you’ll own your home outright. Based on identical borrowing, interest rate and term, your monthly payments will be higher than an interest-only mortgage.

✅ An interest only mortgage means you pay only the interest on the loan each month and repay the capital at the end of the mortgage term from a repayment vehicle such as savings, investments or by selling the property. Lenders can insist that you demonstrate and evidence how you intend to repay the loan. Your monthly payments will be lower than a repayment mortgage based on identical borrowing, interest rate and term.

26/01/2021

Should be an interesting debate!

MPs will debate the Stamp Duty Holiday extension next Monday February 1st triggered by a hugely popular online petition that scooped up around 126,000 signatures in support of extending the 31 March deadline. The 90-minute debate will start at 4.30pm and is expected to be lively!

13/02/2019

Mortgage choices for borrowers who want to guarantee their monthly repayments are at a record high, it has been

09/01/2019

This is a property I’m very familiar with, the Berrington at Hereford Point is a beautifully finished home ready to move in to!

08/01/2019

Is it time to review your ending mortgage rate?

If you need motivation to remortgage at the end of your current deal, look no further than the latest figures released by financial experts …

18/12/2018

Some of my most used lenders are named as winners in the Mortgage Awards - it’s good to see their commitment to lending rewarded

These lenders and financial providers have all been voted best in class, but which lender took home the top prize?

12/12/2018

★★★★★ "Excellent service"

11/12/2018

There’s good news for first-time buyers with small deposits as mortgage interest rates in this market have plummeted to a record low …

11/12/2018

The property market in the UK has seen fewer sales and a reduction in activity in 2018, mainly due to Brexit uncertainty and tax changes affecting buyers, according to a new analysis. But the outlook is encouraging as there has been a noticeable increase in buyer interest with registrations and view...

09/12/2018

British house prices rose at their slowest pace in six years in the three months...

05/12/2018

I’ll be too busy eating mince pies to think about DIY!!

The great British DIY frenzy has started, as we do up our homes to impress Christmas visitors