Eureka Wealth Management

01/08/2024

Breaking News 📢 The Bank of England has ✂️ the base rate by a quarter % to 5%!! ✅

Great News for borrowers, particularly those on trackers, variable and those due to remortgage! Also welcome news for Credit Card Holders! 👍🏻

However the BOE Governor Andrew Bailey still warns of caution ⚠️

Looks like the Governor had the deciding vote 🗳️ which shows still divergence in views amongst bank committee members!

17/07/2024

Beautiful Flowers - a surprise gift from our clients Ahmet & Gullu! Thanks guys it is much appreciated! 😍

01/07/2024

📢 Calling all Scottish First Time Buyers, Social Housing Tenants & those with Disabilities!! Are you on low to medium incomes??

The Scottish Government have re-opened their Help to Buy “Lift Scheme”

The Help to Buy scheme has recently re-opened! 🔙🔛

This means you can apply to the Lift Scheme and you may be able to access up to 40% funding towards purchasing your own home! 🏡

For further information on how the scheme works and the terms & conditions please contact us today.

There is help and support in Scotland 🏴󠁧󠁢󠁳󠁣󠁴󠁿 for people who are struggling to buy their own home. ✅

https://www.mygov.scot/open-market-shared-equity-scheme/how-it-works



📱 07761 425452
📧 [email protected]
🌍 www.eurekawealthmanagement.co.uk

How to get help to buy a home on the open market by sharing the cost with the Scottish Government

30/06/2024

Looking to buy a new home or refinance your current one?? 🏡

Here's some mortgage advice to help you navigate the process smoothly:

1. Check your credit score and work on improving it if needed.
2. Shop around for the best interest rates and loan terms.
3. Consider working with a mortgage broker to find the best deal for your situation.
4. Don't forget about additional costs like legal fees and property taxes.
5. Get pre-approved for a mortgage before house hunting to show sellers you're serious.

Ready to take the next step? Contact us today to learn more about our mortgage options and how we can help you achieve your homeownership goals. 🏡💰

📱 07761 425452
📧 [email protected]
🌍

Get personalised Advice today! Mortgage & Protection advice with clarity & confidence. Discover your pathway to financial freedom & security with Residential First time buyers, moving home or simply looking at a better interest rate? Need to release equity to help a family member buy or do some home...

29/06/2024

Interesting article from Lloyds Bank Chief Executive! Due to the restraints in the UK economy, the Bank of England has less room to cut interest rates due to lack of growth in the economy! A new UK Government will have less room to cut taxes & increase spending.

Therefore according to Chris Munn, UK mortgage holders should be prepared for new mortgage rate normals of between 3.5% - 4.5%. And not a return to the ultra low 10 year period where mortgage rates ranged between 1.5% - 2.5%.

Homeowners with mortgages should not expect a return to the ultra-low interest rates enjoyed in the aftermath of the global financial crisis, Lloyds Banking...

20/06/2024

BoE base rate % unchanged after today’s policy meeting! All 👀 will move to the next meeting in August! Will be interesting to see what the mortgage swap rates 🤝 do in the meantime, and if we see some moves from lenders. 🆙 ⤵️

09/06/2024

Are you a BTL Landlord 🏠 and worried about the squeeze on your monthly cash flow due to high interest rates and the scrapping of mortgage interest rate relief! ⚠️

Then we may be able to assist you! 🛟

Private Landlords play a vital part in the local community, plugging the gap that social housing can’t fulfil! I know a lot of landlords value their long term tenants and are absorbing the rising mortgage and taxation costs!

If you are a Landlord or Portfolio Landlord and looking for refinance options. Send us a message today. 💬

👉🏻We can advise you on all types of refinance solutions to suit you and your business, including BTL remortgages, multi-property BTL refinance options, further advances, and 2nd Charge BTL Mortgages!!

We also work with Specialist Tax Advisors & Accountants who can help you restructure your business to make it more tax efficient! 🧮



🗣️ Contact us today

📲 07761 425452
📧 [email protected]
🌍 www.eurekawealthmanagement.co.uk

07/06/2024

Positive news from the Continent this Friday lunchtime. The European Central Bank (ECB) has cut their Base Rate of Interest from 4% (an all time high) down to 3.75%. This is the first ✂️ by a major central bank! And will no doubt give the BoE Governor food for thought before the next scheduled policy meeting on 20th June 2024. 🏦

Officials warns further reductions will depend on inflation easing

29/05/2024

So what’s happening with Mortgage Rates now? 🤔This is probably the most asked question 🙋‍♀️ we receive!! The good news is that the mortgage market is calmer now than May 2023, when lenders were removing products & hiking rates on a daily basis it seemed. 😬

In the past week we have seen some lenders reduce product rates on the back of more positive inflation data. 🙌 This is a very good sign! ☯️

In terms of products, Trackers deals are becoming more prevalent in the market & desirable for borrowers! Definitely a sign that the high interest rate cycle is coming to an end! With borrrowes looking to take advantage of any future BoE base rate cuts✂️ 🙏🏻

➡️ If your Fixed Rate deal is due to end 🔜 - get in touch today to find out your remortgage options. Send us a message 📝 or give us a call 📱

07761 425452 📞
[email protected] 📧
www.eurekawealthmanagement.co.uk 🌍

29/05/2024

🏡🔍 Looking for mortgage advice? Look no further! Our team of professional and qualified brokers are here to help you navigate the world of mortgages without any advice fees! 🌟 Whether you're a first-time buyer or looking to remortgage, we've got you covered. Take the stress out of finding the right mortgage - message us today for expert advice! 📝💬 Servicing Central Scotland & Beyond 🏴󠁧󠁢󠁳󠁣󠁴󠁿 🏴󠁧󠁢󠁳󠁣󠁴󠁿 🏡 🤝 🔑

Get personalised Advice today! Mortgage & Protection advice with clarity & confidence. Discover your pathway to financial freedom & security with Residential First time buyers, moving home or simply looking at a better interest rate? Need to release equity to help a family member buy or do some home...

23/05/2024

On the back of yesterday’s positive inflation data, some lenders including Halifax have announced product rate reductions. TSB will be cutting ✂️ some of their Residential rates on Friday 24th May. Hopefully more lenders will follow suit! 📉 🔜 👍🏻