Winton Gate Mortgages Limited

13/07/2020

Later life lending.......
Did you know that the mortgage market has expanded when it comes to later life lending? Many over 55's who have a mortgage will often think their options are tied to their existing lender as their circumstances and income have changed as years have gone by. However, later life lending and RIO mortgages are designed to recognise and support the needs of thousands across the country. Example: You have an interest only mortgage that is due to come to an end in 5 years. You do not feel ready to sell up and leave the family home yet and/or your current intended repayment vehicle is not going to meet the required level to repay your mortgage debt. Later life lending/ RIO could unlock you from your current mortgage, giving you the ability to stay in your home with no term end date. You could release capital subject to affordability, or simply tie back in on a better deal with another lender.

Contact me to discuss your options.... there are more than you think and you need not remain a mortgage prisoner!

13/07/2020

Do you know anyone who lives in the LA postcode?
All friends and family of friends who live in these areas.....95% mortgages have become available through a building society who are based in this area and you can use me to access it for you. 95% are few and far between at the moment so this is great news for those who wish to buy in that area and the product is even available on new build houses which is an added incentive! Your 5% deposit can also be gifted from a close family member. Please pass my details on to any that you think this could interest.

I am confident that over the coming weeks, there will be some good 90% - 95% mortgage rates released to support and drive the housing market forward, along with the new stamp duty holiday. This is a good time to buy, if you are looking for your long term home.

Watch this space for regular updates and please feel free to give me a call or email to discuss anything mortgage related.

08/07/2020

Fancy a holiday?! A stamp duty holiday!
If this has given you incentive to get moving, then let's get moving!
Stamp duty has been waived on all properties under £500k from today up until March 2021. This is available to all buyers, including those purchasing additional properties for investment and second homes (although the 3% surcharge still applies)
Please get in touch if you would like to chat through your options.

20/02/2020

Homeowners are missing out on these key remortgaging facts! ⬇️

- Competition among mortgage lenders is rife. The latest remortgage rates are as low as 1.17%*
- Homeowners could potentially save thousands of £££ per year by moving to a lower mortgage rate.
- Many people are stuck in a credit card repayment trap without realising. It could be worth remortgaging to consolidate debts in order to avoid hefty interest payments on credit cards.
- According to the TUC, average household debt is now 31% above its peak before the financial crisis. Unsecured debt per household rose to £14,540 in Q3 2019**. Remortgaging could help you to consolidate debts to avoid high interest payments on credit cards.

We have helped many clients to reduce their monthly outgoings by offering the right financial advice for their individual circumstances.
It is important to get qualified advice in order to find out if this type of debt consolidation remortgage is right for you.

Contact us today for a free, no obligation consultation – https://www.wintongatemortgages.co.uk.

Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured against it.

*The example rate is a 2 year fixed rate with Halifax with an initial rate of 1.17% for 2 years; then reverts to Halifax’ Standard Variable Rate, currently 4.24% as of 20th February 2020. This example should not be taken as advice or a recommendation or promotion. Actual mortgage quotes are based on individual circumstances.

**Figures taken from TUC website (tuc.org.uk) dated 10th Jan 2020.

14/01/2020

Check out our latest 'remortgage' blog...

This Blog covers off the 5 main reasons to remortgage as well as the 6 main things to consider when remortgaging.

14/01/2020

Check out our latest 'remortgage' blog:

This Blog covers off the 5 main reasons to remortgage as well as the 6 main things to consider when remortgaging.

08/01/2020

A great Ezine from (local estate agent based in Chandlers Ford) 👍

View our latest properties

28/11/2019

We've voted for https://www.jamesrunsfar.com/ in the category of 'best professional running blog' by the running awards.. He's an absolute machine and his blog makes an excellent read, offering great tips and advice for any runners out there 👊😀

Achieve YOUR FITNESS GOALS by reading inspiring and informative stories, tips and advice. Plus, sign up to receive a FREE training plan template which will help you achieve your own fitness goals!

27/11/2019

Is London's house price slump coming to an end?

Since the end of summer, we've seen a few reports of falling property transactions, but now for some good news as HMRC reports a strong bounce-back.

11/11/2019

Are you looking to invest in a Buy to Let property? Let us help to answer your questions:
How much could I borrow?
What deposit do I need?
How will the recent tax changes impact me?
Can I invest in BTL as a first time buyer?
What is an HMO?
What is Serviced Accommodation?
etc. etc. etc.

11/11/2019

The government may be planning to remove tax relief on Airbnb lets but we still think it's a hugely profitable sector. Are you planning to let your property out as serviced accommodation? We can help source the lowest rates available for you.

https://www.thetimes.co.uk/article/hmrc-may-close-the-door-on-tax-relief-for-airbnb-lets-kbkb5crp3 #

Applications for tax relief under the rent-a-room scheme have spiralled as an increasing number of people look to maximise their profits on Airbnb lettings. The increased cost to the tax office is...