Sebastian Voicu - Mortgage Advisor

18/12/2025

🎉🎉🎉Great news today! The Bank of England has just announced a 0.25% cut to the base rate, bringing it down from 4% to 3.75% – the lowest level in nearly three years.

What this means for you:
• Tracker and Standard Variable Rate (SVR) mortgages: Your monthly payments should decrease soon – typically by around £20-£30 per £100,000 borrowed (exact amounts depend on your lender and product).
• Fixed-rate mortgages: No immediate change, as your rate is locked in. But if you’re coming to the end of your fixed term, remortgage deals are likely to become even more competitive in the coming months.
• Potential buyers/remortgagers: We’ve already seen some lenders pricing in this cut, with attractive fixed rates available now. This could improve affordability heading into 2026.

The Bank has signalled a gradual approach to future cuts, so while more reductions are possible, they’ll be data-dependent.
If you’re on a tracker/SVR, due to remortgage soon, or just want to review your options, please get in touch – I’m here to help secure the best deal for your situation.

08/05/2025

🏛️Bank of England cuts interest rate to 4.25%!!

Today the Bank of England cut interest rates by 0.25%, from 4.50% to 4.25%. Bank of England Governor Andrew Bailey said interest rates are continuing to fall.
Good news for those looking to buy a home or remortgage as interest rate cuts are expected in the coming period.

02/02/2025

Mortgage broker Sebastian Voicu - despre avans (depozit)✌️

IMOBILIARE UK

16/11/2024

What does “OVERPAYMENT” mean and how can it help me when I have a mortgage? 🏠

Making an overpayment simply means paying more on your mortgage than the rate stipulated in the contract terms.

✅Most banks accept 10% per annum of the remaining loan and you can pay off without early repayment fees. So, an overpayment could be:
1) A single payment – ​​if you have some extra money on hand, you could consider allocating it to the mortgage.
2) Regular extra payments – let’s say, for example, your monthly mortgage repayments are £700, but you pay £800 per month instead. In this case, you would pay an overpayment of £100 each month.
3) A combination of the two mentioned above.
How does overpayment affect your Loan To Value (LTV) ratio?

✅ Loan to Value is the ratio between how much you have left on the loan and the value of the house. If we bought a house with a 5% deposit, it means that the Loan To Value is 95%.

If we are close to remortgage and the percentage of 95% has dropped to 91%, it is a benefit for us to bring it to 90% because the bank will offer us a better interest rate having 10% equity of the current value of the house.

Below is an example of a monthly overpayment:

Mortgage £150,000
- 25 years
- Interest 5% per year
- Rate £876.89

What happens if we make an Overpayment of £150 per month ❓❓❓

❗️We shorten the mortgage to 18 years and 10 months.
❗️We save a total of £31,382.45 in interest.

Mortgage Advisor
Sebastian Voicu

07/11/2024

⬇️The Bank Of England cut its benchmark interest rate to 4.75% today, a further 0.25%.

We are waiting to see how banks react and what new interest rates this cut brings.

02/11/2024

Important for those who want to buy a house ⬆️ STAMP DUTY TAX increases from 01 April 2025

The government's Autumn Budget confirmed that stamp duty reductions will end on 31 March 2025.

🏠Those who are at First Home (FIRST TIME BUYER) will have the tax-free limit of £425,000 reduced to £300,000 starting with 1 April 2025.

What exceeds the price of £300,000 up to £500,000 is paid 5% on this difference. In other words, on a £425,000 house on which you now pay no tax as a First Time Buyer, starting with 1 April 2025 you will pay £6250 stamp duty on the purchase.

❗️If we buy a house over £500,000 it will no longer qualify for the First Time Buyer benefit.

FOR ALL THOSE WHO ARE NOT First Time Buyers the tax-free limit of £250,000 will be reduced to £125,000 from 1 April 2025 when you buy a house with RESIDENTIAL PURPOSE, to live in it.
The new taxes will be:
£0-£125,000 0%
£125,000-£250,000 2%
£250,000-£925,000 5%
£925,000-£1,500,000 10%
Over £1,500,000 12%

For example, if there is currently no stamp duty on a £250,000 house, starting April 1, 2025 the buyer will pay £2,500.

✅Of course, if you are in the process of buying a house or buy a house and take possession by March 30, 2025, the new taxes do not apply.

03/05/2024

🏠Irina and Dan have just got the keys for their home and Irina was kind enough to write a review for me.🎉🎉🎉
Wish you happiness and all your dreams to come through!Thank you!

26/02/2024

Jeremy Hunt draws up plans for 99% mortgage scheme

The scheme, which is reportedly being considered by the prime minister, Rishi Sunak, and the chancellor, Jeremy Hunt, before the spring budget on 6 March, would only require borrowers to put down a 1% deposit towards their first home.

01/12/2023

Happy birthday, Romania on National Day!!!
Happy birthday, Romanians everywhere!!!
La multi ani, romani frumosi!!!

19/10/2023

Happy to share the joy of Alexandra and Valentin who are getting on Saturday the keys to their new home.

Multumesc pentru cuvintele frumoase si va doresc sa o stapaniti in fericire si sanatate!!!🤗🤗🤗

21/09/2023

Fantastic news today!!

The Bank of England leaves interest rates unchanged, in a surprise move.

It had been expected to raise the base rate from 5.25% to 5.5%.

"Inflation has fallen a lot in recent months, and we think it will continue to do so," says Bank of England Governor Andrew Bailey