Palmer & Associates Mortgage Advice

28/09/2023

https://www.whatmortgage.co.uk/remortgage/news-remortgage/interest-rates-held-at-5-25-how-will-mortgage-borrowers-benefit/

The Bank of England has voted to hold interest rates at 5.25% offering some much-needed relief to mortgage

12/05/2023

https://www.whatmortgage.co.uk/first-time-buyer/skipton-unveils-100-mortgage-for-reliable-renters/

Skipton Building Society has launched a mortgage for first-time buyers which requires no deposit in a bid to help more renters on to the …

17/02/2023

https://www.whatmortgage.co.uk/first-time-buyer/inflation-eases-to-10-1-what-will-this-mean-for-mortgages/

Inflation has slowed for the third month in a row raising hopes of less dramatic interest rate increases

21/12/2022

Happy Holidays from the P&A team! We will be closed from December 23rd-January 2nd. Please do not hesitate to contact us after this period and we will be more than happy to assist with whatever you need.

15/11/2022

What is home equity?

Please note: The information provided is not specific for each individual reader and therefore does not constitute financial advice. ⁣⁣⁣⁣⁣⁣

The expert advisors that we work with are all fully qualified mortgage advisors and are authorised and regulated by the FCA (Financial Conduct Authority).⁣⁣⁣⁣⁣⁣

18/10/2022

The central bank announced today it had raised the base rate by another 0.5% to 2.25% in a bid to bring down inflation.

However, for homeowners, this increase – which has elevated interest rates to their highest since the financial crash in December 2008 – will have an impact on how much they pay for their mortgage.

For anyone on a tracker or variable rate the effect will be immediate. For anyone on a fixed-rate – there will be shelter from this rise until your deal expires.
[Source: whatmorgage]

Please note: The information provided is not specific for each individual reader and therefore does not constitute financial advice. ⁣⁣⁣⁣⁣⁣

The expert advisors that we work with are all fully qualified mortgage advisors and are authorised and regulated by the FCA (Financial Conduct Authority).⁣⁣⁣⁣⁣⁣

13/10/2022

https://www.whatmortgage.co.uk/news/how-will-stamp-duty-changes-impact-your-home-purchase/

Cuts to stamp duty announced in the recent mini-budget are good news for buyers but how will it impact the conveyancing process? Will there …

30/09/2022

https://www.whatmortgage.co.uk/news/interest-rate-hikes-should-i-remortgage-early/

The threat of an emergency interest rate hike has led lenders to pull mortgage deals and – quite understandably – created uncertainty …

12/08/2022

https://www.whatmortgage.co.uk/news/first-time-buyers/mortgage-affordability-test-scrapped-how-will-it-impact-borrowers/

One of the calculations used by lenders to assess whether a potential borrowers can afford a mortgage has been scrapped today but experts …

06/05/2022

https://www.whatmortgage.co.uk/news/interest-rates-hit-1-what-now-for-your-mortgage/

The Bank of England has increased interest rates by 0.25% to 1% today in a bid to push inflation back down and reduce the cost of

27/01/2022

https://www.whatmortgage.co.uk/news/could-rising-house-prices-help-bridge-pension-gap-for-future-retirees/

Paltry pension pots and rising house prices mean many workers are planning to use the money in their home to fund their