Jessica McCrea - The Mortgage Mum

22/02/2023

"Can I get a mortgage whilst I'm on
maternity leave?" Yes, of course!

Lenders will generally use your return to work salary for affordability and may require confirmation from your employer of your return to work date, hours and salary, as well as your latest payslip before taking maternity leave.

30/01/2023

Landlords, are you prepared for upcoming EPC changes?

From December 2025, for all new tenancies the minimum EPC rating must be a minimum of a C.

And for all other tenancies, the EPC must meet a minimum rating of a C from December 2028.

Speak to me to discuss your options on how to finance essential changes to ensure your property meets regulations.

📧 [email protected]

22/09/2022

Today the Bank of England announced an increase to its base rate from 1.75% to 2.25%

What does this mean?

For anyone with a fixed rate mortgage, there will be no change until the fixed rate ends.

For anyone with a variable rate mortgage, you will see in increase in your monthly payments.

For anyone who has not submitted a full mortgage application to secure a rate, for a purchase or re-mortgage, banks will amend their interest rates and therefore the mortgage costs will change.

If you are on a variable rate mortgage, have a fixed rate that is due to expire in the next 6 months or if you want to discuss how this will affect your affordability - contact me to discuss.

📧 - [email protected]

06/09/2022

In the past, children’s cover was typically included automatically on critical illness plans regardless of whether or not you had children, it is now much more common for insurers to offer a more flexible range of options tailored to your needs – so it’s important to ask about it when getting covered.

Of course, even just imagining your child falling critically ill is an incredibly difficult thing to do – which only highlights just how important it is to get them covered.

Pay outs can be used to cover losses of income if you had to take time away from work to care for your child, as well as paying for expensive treatments or essential modifications to your home where necessary. Children’s CIC will protect your child whether they are naturally born to you, a stepchild or adopted.

📞 Contact me to arrange an appointment with our Protection Team to ensure your whole family is protected 👨‍👩‍👧‍👦

Read the latest article called: Critical Illness Cover for Children by the team at the Mortgage Mum.

24/08/2022

Popular tourist destinations in England have seen a jump in active holiday lets across the year. ⁠
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It states that between Q1 2021 and Q1 2022, the number of holiday lets in the Lake District rose from 5,693 to 7,591 – 33.3%.⁠
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And in the Peak District, holiday lets increased by 25.2% and, in the Cotswolds, 25%.⁠
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Meanwhile, Cornwall, Devon, and Brighton saw rises of 24.1%, 21.1%, and 13.1%, respectively.⁠
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⁠England is home to 100,551 active holiday let mortgages currently, which is 1.25% more than seen in Q1 2021.⁠
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Because holiday lets are now the first choice for a huge swathe of the population, more and more people are thinking about ways to make money off the sector.

Contact me to discuss holiday let mortgages and how you could get one!
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For more info - https://www.mortgagestrategy.co.uk

23/08/2022

Top Tips for FTB’s 🏡

There is no such things as a silly question and there is no judgement here! My goal is to help you!!

Contact me to see how I can assist you with buying your first home 🏡

08/08/2022

Starting the week with a little recap…

At the end of April I joined The Mortgage Mum team and started my broker training.

By mid May I received authorisation from Mortgage Intelligence (our network) which enabled me to start helping my clients.

Last week I reached a huge milestone when the network awarded me certified adviser status, deeming me competent to provide sound advice to clients without requiring supervision.

The last few months have been…

CHALLENGING with lenders pulling rates at short notice

VARIED with lots of knowledge learnt around lenders criteria

But most of all REWARDING!!

A big thanks to everyone who has supported me to reach this goal. Onwards and upwards working alongside the most inspiring brokers 💕

05/08/2022

BBC & The Mortgage Mum

During the last few years, many clients secured ‘Covid Cheap’ rates which were VERY LOW. Rates are now higher but I want to reassure you that there are still good rates available.

Please don’t bottle up your concerns, get in touch with me so that we can tailor your mortgage.

02/08/2022

How old were you and in what year did you buy your first home?

Between 1996 and 2016, the percentage of 25 to 34-year-olds who own their own homes has fallen 19% from 55% to 34%.

The government are looking to review the rules around welfare so that the 1.5 million working people who are in receipt of housing benefits will be given a new choice: to spend their benefit on rent or put it towards a mortgage.

Read the latest article called: The government’s pledge to combat declining homeownership rates by the team at the Mortgage Mum.

25/07/2022

Make reviewing your protection a priority - anything can happen to anyone, anywhere at anytime!

If this is on your to do list, I can refer you to a trusted colleague who can take care of all your protection needs.

Situations have taught us how valuable it is to invest a little time and money in looking after the people we love ❤️

18/07/2022

It is important that homeowners (and especially landlords) are aware of the grants and schemes available to them so that they can make the most informed decisions possible when it comes to improving the energy efficiency of their properties.

https://themortgagemum.co.uk/are-heat-pumps-the-answer-to-rising-costs-and-the-climate-crisis/

Read the latest article called: Are heat pumps the answer to rising costs and the climate crisis? by the team at the Mortgage Mum.