MPI Services

15/10/2026

🏡 Could a 2.5% deposit be enough to buy your first home?

The Government has announced plans for Your First Home: a new scheme designed to help first-time buyers purchase a new build from participating developers.

The proposed scheme could mean:

🔑 Just a 2.5% deposit

🏠 20% government-backed equity loan

💷 A mortgage for the remaining amount

So, on a £300,000 new build, your own deposit could be just £7,500.

The equity loan is expected to be interest-free for the first year, although it will need to be repaid and factored into affordability.

📅 The scheme is currently expected to launch on 28th October 2026, with full details due at the Autumn Budget.

And that’s what makes this exciting; for first-time buyers struggling to build a bigger deposit, this could provide another route onto the property ladder. 🔑

There are other options too, including 95%–100% mortgages, family assisted products and developer incentives, so don’t assume buying is out of reach just because you have a smaller deposit.

📩 Thinking about buying your first home? Drop me a message and let’s look at what could be possible.

Full scheme details and eligibility are still to be confirmed.

Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. There may be a fee for mortgage advice, the exact amount will be based on your circumstances.

14/10/2026

🏡 Jargon Buster: Early Repayment Charges (ERCs)

Did you know that paying off your mortgage early or overpaying more than your lender allows could result in an Early Repayment Charge (ERC)?

💡 But don’t assume you have to wait until your current deal ends!

Depending on your circumstances, your existing lender may be willing to waive the charge if you switch to a new deal with them — although this isn’t always the case.

An ERC doesn’t necessarily mean you’re out of options, so it’s worth speaking to a mortgage adviser to explore what might be possible.

📞 Get in touch with our friendly team at MPI Services for a chat about your options.

📱 01799 520090
📧 [email protected]

⚠️ YOUR HOME (OR PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

MPI Services (Saffron Walden) Ltd is authorised and regulated by the Financial Conduct Authority.

08/10/2026

🏡 JARGON BUSTER: WHAT IS A FIXED RATE MORTGAGE?

Not sure what a fixed-rate mortgage actually means? 🤔

A fixed-rate mortgage is a mortgage where your interest rate is guaranteed to stay the same for a set period of time.

✅ Your interest rate stays the same
✅ Your monthly mortgage payments are more predictable
✅ Peace of mind knowing what you'll pay during the fixed period

Unlike variable-rate mortgages, such as trackers or discount mortgages, a fixed rate means your mortgage payment won't change because of movements in the interest rate during your fixed period.

💬 Thinking about your next mortgage deal?

Whether your current deal is coming to an end or you're simply looking at your options, speak to our friendly team today to see how we could help.

📞 01799 520090
📧 Get in touch with MPI Services today

YOUR HOME (OR PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

A FEE MAY BE CHARGED FOR MORTGAGE ADVICE. THE EXACT AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.

MPI Services is authorised and regulated by the Financial Conduct Authority.

28/09/2026

🏠 Jargon Buster: What is a Tracker Mortgage?

A tracker mortgage is a variable-rate mortgage that usually follows the Bank of England Base Rate.

📈 If the Base Rate changes, your mortgage payments could go up or down.

Tracker vs Variable Rate:
A tracker normally follows an external rate, such as the Bank of England Base Rate, while a lender sets its own variable rate.

We research the whole market to help find a mortgage deal that’s suitable for your circumstances.

📞 Get in touch with MPI Services today for a chat.

YOUR HOME (OR PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

A FEE MAY BE CHARGED FOR MORTGAGE ADVICE. THE EXACT AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.

MPI Services is authorised and regulated by the Financial Conduct Authority.

27/08/2026

Jargon Buster: What is a Product Transfer? 🏡

A product transfer is when you move from your current mortgage deal to a new deal with your existing lender.

It can be a suitable option for some homeowners, but it may not always be the best choice depending on your individual circumstances.

If your current mortgage deal is coming to an end, speak to our team to explore your options and see if a new deal with your existing lender could be right for you.

📞 Contact MPI Services today: 01799 520090 or email [email protected]

YOUR HOME (OR PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

A FEE MAY BE CHARGED FOR MORTGAGE ADVICE. THE EXACT AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.

20/08/2026

🏠 Jargon Buster: What is a Standard Variable Rate (SVR)?

A Standard Variable Rate, or SVR, is a type of variable-rate mortgage. You’ll usually move onto your lender’s SVR when your existing fixed, tracker or discount mortgage deal comes to an end, unless you choose to switch to a new deal.

All mortgage lenders have their own SVR, and the rate can change over time.

💡 It’s worth knowing that SVRs are often less competitive than other mortgage deals, which could mean you end up paying more each month than necessary.

If your current mortgage deal is coming to an end or you are already on an SVR, we may be able to help you explore your options and secure a new deal.

📞 Get in touch with MPI Services today to find out how we can help.

This is the first in our Mortgage Jargon Buster series, where we’ll be breaking down common mortgage terms into simple, easy-to-understand explanations. Keep an eye out for the next one! 👀

YOUR HOME (OR PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

A FEE MAY BE CHARGED FOR MORTGAGE ADVICE. THE EXACT AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.

20/08/2026

🏠 Mortgage jargon can be confusing… but it doesn’t have to be!

From SVR to ERC, fixed rates to trackers, the mortgage world is full of abbreviations and terms that can leave you wondering what they actually mean.

That’s why we’re starting our Mortgage Jargon Buster series! 💡

We’ll be breaking down some of the most common mortgage terms into simple, easy-to-understand explanations.

First up: What is a Standard Variable Rate (SVR)? 👀

Keep an eye on our page for more jargon busters coming soon!

13/08/2026

Looking for a mortgage adviser? 🏡🔑

Whether you’re a first-time buyer, moving home, remortgaging or simply want to explore your options, we’re here to help.

At MPI Services, we offer:
🏠 Access to a wide range of mortgage deals
🤝 Personal, tailored advice
🛡️ Protection for what matters most
💻 A fully remote service — we come to you

Let’s find the right mortgage solution for you.

📞 Get in touch today on 01799 520090



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

03/08/2026

30/07/2026

📢 Bank of England Base Rate Update

The Bank of England has held the Base Rate at 3.75% which means no change to tracker mortgages at the moment.🙌

The next review is due Thursday 17th September