Rodericks Mortgage Services Ltd

Rodericks Mortgage Services Ltd Rodericks Mortgage Services offers simple and straightforward mortgage and protection advice.

Did you purchase your property with a Help to Buy Equity Loan?By 2030, more than 104,000 Help to Buy accounts will reach...
25/11/2025

Did you purchase your property with a Help to Buy Equity Loan?

By 2030, more than 104,000 Help to Buy accounts will reach the end of their interest-free period.

The Help to Buy scheme ran for ten years, between 2013 and 2023. Buyers of new builds were lent up to 20% (or up to 40% in London) of the property’s value as an equity loan. The loan is interest-free for five years and is repayable when the home is sold.

According to a Freedom of Information request, there are already 101,000 Help to Buy accounts that have become interest-bearing. The average monthly interest payment on a Help to Buy loan is approximately £107.

If you’re faced with higher monthly repayments, you don’t have to go through it alone. Professional advice can help you take control of your finances.

📞 01438 861410
📱07873 956495
📧 [email protected]
🌐 www.rodericksmortgageservices.co.uk

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

Sources:
https://www.yourmoney.com/mortgages/first-time-buyer/exclusive-over-104000-help-to-buy-accounts-set-to-come-to-end-of-interest-free-period-by-2030/

⭐️⭐️⭐️⭐️⭐️Your mortgage journey made simple.
24/10/2025

⭐️⭐️⭐️⭐️⭐️

Your mortgage journey made simple.

If you find it difficult to understand leasehold and freehold, you’re not alone. Research has found that leasehold is th...
25/09/2025

If you find it difficult to understand leasehold and freehold, you’re not alone.

Research has found that leasehold is the UK’s most confusing property term, with the term generating over 160,000 Google searches in the last year. Freehold was second on the list, accounting for 114,000 searches.

Most flats are sold as a leasehold, meaning that you own the property for a fixed period, but not the land it sits on. The lease will have a fixed term, usually between 90 and 999 years.

With freehold property, you own the building and the land. Most houses are freehold, although there are some that are leasehold, often through Shared Ownership schemes.

Most people generally prefer freehold, but it means that you are responsible for maintaining all aspects of the land and property.

Sources:
https://www.propertyreporter.co.uk/leasehold-tops-the-list-of-most-confusing-property-terms.html

Should you overpay on your mortgage?Are you considering making mortgage overpayments? Here’s what to consider.If you can...
26/06/2025

Should you overpay on your mortgage?

Are you considering making mortgage overpayments? Here’s what to consider.

If you can afford it, there are many advantages to overpaying your mortgage, such as:

- Becoming a step closer to being mortgage-free
- Reducing the amount of interest you owe
- Lowering your loan-to-value ratio (LTV).

However, before you make overpayments it’s vital to check the following:

- Is there an early repayment charge (ERC)? Many lenders allow borrowers to pay off 10% of the mortgage balance each year without a fee, but you must double check the terms of your deal.
- Do you have other debts that you should settle first?
- Would it be more beneficial to place your extra cash elsewhere, such as a savings or pension pot?

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

5 Star Trustpilot ReviewA lovely review from Hannah and Dean who are returning clients that have moved home.Even if you’...
28/05/2025

5 Star Trustpilot Review

A lovely review from Hannah and Dean who are returning clients that have moved home.

Even if you’ve previously bought a home, you’ll still have questions and need help.

We will always provide ongoing support to answer your questions before, during, and after your mortgage application.

Your mortgage journey made simple.

Put simply your loan to value (LTV) is the percentage you are borrowing against the value of the property:Property value...
02/05/2025

Put simply your loan to value (LTV) is the percentage you are borrowing against the value of the property:

Property value £300,000
Loan £150,000
LTV 50%

There are LTV levels, which once you fall below, the interest rate available improves. Typically, these are 95%, 90%, 85%, 75% and 60%.

If you are buying a new home and can put in a 10% deposit instead of a 5% deposit the interest rate will be lower. This reduces your repayments as you will have a smaller balance on a lower rate.

This can also help when remortgaging, you may have 75.5% LTV and have savings which could bring you to 75% or lower, again improving your rate and reducing your payments.

If you would like to find out more about the impact of your LTV and how this may help when buying a home or remortgaging contact us on:

📞 01438 861410
📱07873 956495
📧 [email protected]
🌐 www.rodericksmortgageservices.co.uk
 
Your home may be repossessed if you do not keep up repayments on your mortgage.

You may have to pay an early repayment charge to your existing lender if you remortgage.

House prices to keep growing in 2025House prices are expected to stay on a positive trajectory over the course of 2025*....
03/03/2025

House prices to keep growing in 2025
House prices are expected to stay on a positive trajectory over the course of 2025*.

House prices returned to growth in 2024, with prices increasing by 1.5% in the 12 months to October – an improvement on -1.2% the year before. The average UK house price is £267,000 and is expected to rise by 2.5% in 2025. Meanwhile, sales agreed are expected to increase by 5% to 1.15 million.

Promisingly, all regions and countries in the UK recorded positive annual house price growth in 2024, with Northern Ireland (6.3%) and North West England (2.9%) leading the way. In southern England, growth is still below 1% due to continuing affordability challenges.

Hoping to move home in 2025? We’re here to help.

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

*Zoopla, 2024

⭐️⭐️⭐️⭐️⭐️ Review – TrustpilotWe continue providing support our clients not only up to completion but as long as your ne...
20/02/2025

⭐️⭐️⭐️⭐️⭐️ Review – Trustpilot

We continue providing support our clients not only up to completion but as long as your need us after.

Your mortgage journey made simple.

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

Research* indicates that homebuying affordability has slightly improved in relation to income. In the summer of 2022, th...
04/02/2025

Research* indicates that homebuying affordability has slightly improved in relation to income.

In the summer of 2022, the house price to earnings ratio reached a record high of 7.24. Since then, affordability has been slowly easing; in 2024, the average house price to earnings ratio went down to 6.55, compared to 6.62 in 2023.

Over the last year, house price inflation (+3.8%) has been outpaced by wage growth (+5%), which has driven the improvement in affordability. Also, the average cost of a new monthly mortgage has reduced by about 9% due to easing interest rates. As a result, mortgage costs as a percentage of income are now 29% – down from 33% the year prior.

Contact us for mortgage advice suited to you:

📞 01438 861410
📱07873 956495
📧 [email protected]
🌐 www.rodericksmortgageservices.co.uk

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

*Halifax, 2024

Merry Christmas from Rodericks Mortgage Services As the Christmas period surrounds us with joy and togetherness, we want...
20/12/2024

Merry Christmas from Rodericks Mortgage Services

As the Christmas period surrounds us with joy and togetherness, we want to take a moment to thank you, our incredible clients and followers, for making this year so special. Your trust and support mean the world to us.

May your holidays be filled with love, laughter, and cherished moments with those who matter most. Here’s to a festive season and a prosperous New Year ahead!

Warmest wishes,

Billy

⭐️⭐️⭐️⭐️⭐️ REVIEW - TruspilotService excellence checklist:✅ Clear and helpful✅ Quick responses✅ Regular updates✅ Ensurin...
16/12/2024

⭐️⭐️⭐️⭐️⭐️ REVIEW - Truspilot

Service excellence checklist:

✅ Clear and helpful
✅ Quick responses
✅ Regular updates
✅ Ensuring the best rate

Your mortgage journey made simple.

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

One of our lenders is now offering loans up to 6x combined income for first time buyers*.Are you a first time buyer look...
21/11/2024

One of our lenders is now offering loans up to 6x combined income for first time buyers*.

Are you a first time buyer looking to maximise affordability? Contact Rodericks on:

📞 01438 861410
📱07873 956495
📧 [email protected]
🌐 www.rodericksmortgageservices.co.uk
 
Your home may be repossessed if you do not keep up repayments on your mortgage.

*Terms and eligibility criteria apply.

Address

5 Yew Tree Close
Stevenage
SG27BF

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 12pm

Telephone

+447873956495

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