CPG Mortgages and Protection

08/09/2022

RIP Ma’am 😔

03/05/2022

Proud sponsors of Caldicot RFC U14’s

Huge well done to the players who played their hearts out in back to back playoffs, and went on to win the finals for the 5th consecutive time 🏆 at the Leicester Tigers organised tournament at Butlins Minehead resort.

Massive shout out to the coaches and background staff who have all played their parts in shaping these boys to the brilliant team they are today.

Amazing win🏅🏅🏅

The boys have made a lot of new friends this weekend and it was amazing to have opposing teams cheering and supporting them at games and the presentation too. Also for taking the time to come over and shake their hands after the evening presentation was heartwarming.

With a good luck video message below from someone special, for this weekend and for their upcoming Dragons Cup Final 🤩
Sunday May 15th KO 4.30pm at Pontypool Park.
Come and cheer them on 👏🏻

04/11/2021

First Breakfast meeting since the pandemic with Metro Bank this morning.

07/05/2021

Less than 1% mortgage rates now available

Recently, we have seen a significant increase in demand for discount products, possibly due to some economists’ predictions that the Bank of England base rate isn’t expected to rise until 2025.

Clients have been taking advantage of low rates and, to cater for borrowers who would like to take their rate below 1% in the current market, we have access to lenders who have launched a limited availability 2 year discount product at 0.99%.

Criteria restrictions

This product is only available:
• Up to 60% LTV
• For re-mortgages
• To employed applicants
• With a minimum loan size of £150,000
• On a Capital and Interest repayment basis

Please get in touch to discuss.

Have a great weekend

24/03/2021

Are you ready to buy a house?

A recent study has shown that 40% of properties that came on the market in January 2021 went under offer within 31 days.

What does this mean?

If you’re intending on buying a house this year make sure you are ready!

How do you this? - Speak with a Broker!

Give me a ring, email or direct message and I’ll lead you through the process and ensure that you’re ready, So when you find your house before it’s one of the ones sold within those 31 days.

16/03/2021

5% deposit mortgages are back!!!
From tomorrow I have access to the first 5% deposit mortgage product released back to the market.
For first time buyers only and not on flats.
Get in touch for more information.

04/03/2021

5% deposits are returning

In yesterday’s budget the big news for those looking to get onto the housing ladder and home movers was;

Chancellor Rishi Sunak confirmed plans to launch another government-backed 95 per cent Help to Buy mortgage guarantee scheme in the Budget, open to all buyers.

The scheme will be open to home buyers with a five per cent deposit, not just first-time buyers, for properties worth up to £600,000. It has been largely modelled on the previous Help to Buy scheme launched in 2013 to help lenders transition back in to the market, and is open to second hand properties not just new-build.

Sunak confirmed the UK’s biggest banks are poised to lend on the scheme from mid-April, include Lloyds, NatWest, Santander, Barclays and HSBC with Virgin Money readying to launch in May.

All mortgages will need to be repayment, not interest-only on a loan to value of between 91 to 95 per cent and are subject to the usual affordability rules. All participating lenders will also be required to offer a five-year fixed rate product as part of its guaranteed range of mortgages.

He said: “To quote the Prime Minister, we will turn generation rent into generation buy.”

HSBC’s head of buying a home, Michelle Andrews, said: “We’re delighted to once again be supporting the Government Help to Buy scheme. Here at HSBC UK we’re committed to supporting people to get on to, or move up the property ladder. This scheme will make a real difference in enabling more first-time buyers and home movers, with a minimum of 5 per cent deposit, to get the keys to their new home, and we’re excited to play our part in it.”

A Santander spokesperson said it had no product details yet but they would be available through intermediaries, branches and over the phone.

The scheme will be open for new mortgage applications from April 2021 to December 2022, reflecting the government view that the scarcity of high loan-to-value lending is primarily a response to the pandemic rather than a more structural problem.

The government will review the continuing need for the scheme towards the planned end date and has capped the bill for the scheme at £3.9bn.

If you would like further information please get in touch.

31/01/2021

When applying for a mortgage you will often come across jargon. We can provide a breakdown of this so you fully understand your finances and what you are committing to.
Contact us today and we’ll be more than happy to help.

30/01/2021

Don’t be one of the 25%, if you are on your lenders standard variable rate or approaching the end of
your fixed mortgage product please get in touch to help save you time, effort and money. Ensuring that you’re placed with the best lender to suit your circumstances.

Research by online broker Habito found that 27% of people were on a standard variable rate - lenders' 'default' rate which buyers drop on to when the initial term of their mortgage deal ends.

29/01/2021

More and more lenders have now re-entered with 90% loan to value mortgages which is great news for first time buyers. Please get in touch and we'd be more than happy to help.

24/12/2020

🎅🏻 Merry Christmas to all our clients and friends🎅🏻

18/11/2020

If you’re are looking to purchase or remortgage their is potentially great news for you this morning. Another lender has reintroduced their 90% LTV value range but with 2 and 5 year fixed products. If this could benefit you please get in touch and we’d be happy to help.