David Carnac & Co Professional Mortgage Advisers

01/08/2026

David's phone has a temporary number. Please use 07721141768 until Tuesday.

23/07/2026

Metro Bank has launched a new 100% loan-to-value Joint Borrower Sole Proprietor (JBSP) mortgage, allowing buyers to purchase a home without a deposit.

On the face of it, this sounds like fantastic news for first-time buyers struggling to save.

For us, the phrase "all that glitters isn't gold" screams loudly.

A 100% mortgage means you're borrowing the full value of the property. If house prices were to fall, you could quickly find yourself in negative equity, making it harder to remortgage or move home in the future.

The ability to use the income of up to four family members may also increase the amount you can borrow, but that doesn't necessarily mean the mortgage will feel comfortable to repay month after month.

For many buyers, taking a little longer to save a deposit could unlock better mortgage rates, lower monthly repayments and provide a valuable financial cushion from day one.

That said, the launch does send an encouraging message. It shows that lenders are committed to supporting first-time buyers and are continuing to innovate in a challenging market. We just believe the focus should be on creating sustainable homeownership, rather than stretching affordability to its limits.

Before committing to any mortgage, make sure you understand not only what you can borrow, but what you can comfortably afford over the long term.

Buying your first home is one of the biggest financial decisions you'll ever make. It's worth getting right!

13/05/2026

Very positive meeting with one of our lender's senior managers last week. They've agreed that professionals (such as visiting music teachers) moving from one zero-hour contract position to another don't have to start a fresh 12 month waiting period for the income to be considered as part of their overall income package.

We've campaigned for this for many years and are delighted that common sense has prevailed.

09/05/2026

"David was incredibly communicative and presented me with great options on my mortgage. It felt like a personalised service. Would highly recommend!"

Thanks Joe from London for your kind words in response to our Client Feedback Questionnaire.

27/04/2026

Lovely line from a client in response to our "Post (Property) Completion Client Survey" received last week.

"I think the fact that I've recommended David to so many of my friends and colleagues speaks for itself- and they've all be equally satisfied"

Thanks Sue from West London ❤

02/03/2026

A sobering but ultimately very positive testimonial from clients.

"We were referred to David via a few friends and work colleagues and, with his help, bought our family home in early 2021. During the mortgage process David had made a point of discussing what might happen if one of us died or became seriously ill so we included critical illness cover within our mortgage package. All was fine until Barney started feeling unwell in early 2024 and was rapidly diagnosed with Bowel Cancer. After checking in with David we realised that his recommended critical illness plan, which was designed to repay our mortgage in just this type of situation, would enable us to completely focus on Barney’s recovery and keeping life as normal as possible for our children. It enabled Susanna to take time off from her busy work and freelancing commitments without compounding an already hugely stressful time with financial worries.

Thankfully Barney is completely in remission now but, as David wisely said, this sort of event focuses your priorities. As might be expected, given the other potential outcome of a cancer diagnosis, we hugely appreciate our family life and the payout has enabled us to spend more time together"

Barnaby and Susanna- London

16/02/2026

“Too many people are giving up on owning a home before they’ve even spoken to a lender - believing that getting the keys to their own place is out of reach,” said economic secretary to the Treasury, Lucy Rigby KC MP.

“But now that there are more attractive and flexible products on the market, it’s right that people are encouraged to have another look to see if there might be an option which works for them.”

Getting on the property ladder has proven incredibly difficult for many – there’s optimism that this year may be a turning point

16/01/2026

Our Winter 25/26 newsletter has just been sent out, lot's of news and detail regarding the current mortgage market. If you are looking to buy or remortgage in the coming year, take a look and get in touch for more information

Please find attached our January newsletter which contains information and articles relating to the current mortgage market. In comparison with recent years, there are many attractive rates available and coupled with relaxed affordability calculations this is a very positive time for many of our cli...

18/12/2025

Happy Christmas to our clients, followers and business partners.
Please note that our office will close at midday on Monday the 22nd and re-open on Tuesday 6th of January 2026 although email will be monitored for clients with on-going applications
Seasons greetings from David, Nicky and Liz.

08/12/2025

Interesting article that reinforces the message we've given for several years. Integral to our advice is the product's "true cost over term" and flexibility.. Put another way. All that glitters..................

Learn more.

https://www.mpamag.com/uk/news/general/fixed-or-variable-brokers-weigh-the-trade-offs-for-borrowers/558407?fbclid=IwY2xjawOjgWFleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEen020h7LJFHVcTzmRINNwoN6UQVdh2DnpEDlBrAoFMQiavjkX8JwRH6QNidU_aem_Rbb5C6QKgb-qJMcpha1Pmg&brid=E-nfepHdN4NbMazzp-MlDw

Advisers say the best deal is not always the cheapest but the one that fits the borrower’s plans