FPG Mortgages

FPG Mortgages Established 25 years ago, we are Independent Financial Planners and Mortgage Brokers based in Teddington, serving clients in South West London and Surrey.

With over 25 years of providing independent mortgage advice to people in Teddington and South West London, we’re here to make arranging your mortgage as smooth and stress-free as possible.

A Guarantor / Joint Borrower Sole Proprietor (JBSP) mortgage allows you to add up to three additional people to a mortga...
13/05/2026

A Guarantor / Joint Borrower Sole Proprietor (JBSP) mortgage allows you to add up to three additional people to a mortgage without making them legal owners of the property. The lender factors in all incomes during the application, meaning your client can borrow more than if they were taking out a mortgage on their own. This structure is often used by parents or other family members helping first-time buyers onto the property ladder.

No Difference to First-Time Buyer Stamp Duty Relief

Your supporting borrowers won’t be listed on your home’s deeds, so any eligible first-time buyer stamp duty relief won’t be affected. Neither will your mortgage’s tax position.

Retired Parents with Reduced Income Can Still Help

This structure is often used by parents or other family members helping first-time buyers onto the property ladder. We often use this structure for clients of wealth managers who have retired or have reduced income. We can use SIPP, ISA, or other UK portfolios instead of income. No charge is taken on the investments. This structure can be used up to age 80 for the guarantor.

Commonly Used for Divorcing Clients

This can also be used for divorcing clients if one party wishes to remain in the marital home and the other wishes to buy another property. By the higher earner acting as guarantor and not being named on the deeds, they are free to purchase another property without incurring the additional 5% stamp duty surcharge.

If you would like to discuss anything mentioned in this post, please contact Steve Padgham by calling him on 020 8614 4782.

TeddingtonTown Group New Malden/Kingston/Teddington/Richmond/Twickenham & Area Mums

UK House Price Growth Strengthens: UK house prices picked up in March, with annual growth rising to 2.2% (from 1.0% in ...
13/05/2026

UK House Price Growth Strengthens: UK house prices picked up in March, with annual growth rising to 2.2% (from 1.0% in February) and prices increasing by 0.9% month-on-month, signalling renewed market momentum.

Regionally, trends remain mixed. Northern Ireland continues to lead, with prices up 9.5% year-on-year, while the Outer South East (-0.7%) and East Anglia (-0.4%) saw slight declines. Most other regions recorded modest growth, with England overall at 0.9%. London has seen more stable pricing in recent months, with signs of steady activity returning as buyer confidence gradually improves.

According to Nationwide’s Chief Economist, Robert Gardner, while global pressures, particularly rising energy costs, may create some uncertainty around inflation and interest rates, the recent pickup suggests underlying resilience in the market.

Overall, the return to growth and improving activity levels point to a more positive outlook as we move further into the year.

Rates as of Today

4.50% fixed for 2 years
4.64% fixed for 3 years
4.68% fixed for 5 years
3.96% two-year tracker rate (variable)

If you would like to discuss your mortgage situation, please contact Steve Padgham by calling him on 020 8614 4782.

New Malden/Kingston/Teddington/Richmond/Twickenham & Area Mums TeddingtonTown Group

“My First Mortgage” is designed specifically to help first time buyers take their first step onto the property ladder wi...
01/04/2026

“My First Mortgage” is designed specifically to help first time buyers take their first step onto the property ladder with a lower deposit requirement, and is offered by Santander, one of the first high street lenders to offer a low deposit scheme.

With a minimum deposit of just £10,000, this product could enable buyers to access borrowing between £190,001 and £500,000, with a maximum loan to value (LTV) of 98%. This makes it an attractive option for those who may have found it challenging to save a larger deposit.

The mortgage comes with a 5 year fixed rate, offering payment stability and protection from interest rate changes during that period. As with most fixed rate products, early repayment charges may apply if the loan is repaid or changed during the fixed term.

It’s important to note that “My First Mortgage” is only available to first time buyers. For joint applications, both applicants must meet these criteria. Additionally, the product is not available for flats, new build properties, or homes located in Northern Ireland.

As always, suitability will depend on individual circumstances, so seeking professional advice is key to understanding whether this option is the right fit

Things to consider with low deposit mortgages

If the value of your home falls, you might end up owing more than it’s worth. This is known as negative equity
A higher loan to value (LTV) may lead to a higher interest rate on your mortgage.

If you or someone you know is looking to make their first purchase and struggling to save for their deposit, this could be a good solution for them.

As whole of market mortgage brokers, we have access to numerous lenders who offer low deposit mortgage solutions. Reach out today for a free of charge initial consultation at our expense.

CALL US ON 020 8977 7090 FOR MORE INFORMATION

TeddingtonTown Group New Malden/Kingston/Teddington/Richmond/Twickenham & Area Mums What's on in Teddington Teddington

House Price Growth Surged In March - NationwideAnnual house price growth increased to 2.2% in March, according to Nation...
01/04/2026

House Price Growth Surged In March - Nationwide

Annual house price growth increased to 2.2% in March, according to Nationwide. This compares to 1% in February and follows a 0.9% month-on-month rise, bringing the average property price to £277,186.

Robert Gardner, Chief Economist at Nationwide Building Society, commented:
“The pickup in house price growth suggests that the market has regained momentum following the slowdown recorded around the turn of the year.

“However, the sharp rise in global energy prices in response to developments in the Middle East represents a significant shock to the global economy, clouding the outlook.”

Teddington Community TeddingtonTown Group New Malden/Kingston/Teddington/Richmond/Twickenham & Area Mums

What Is “My First Mortgage”?“My First Mortgage” is designed specifically to help first-time buyers take their first step...
27/03/2026

What Is “My First Mortgage”?

“My First Mortgage” is designed specifically to help first-time buyers take their first step onto the property ladder with a lower deposit requirement. It is offered by Santander, one of the first high street lenders to provide a low-deposit scheme.

With a minimum deposit of just £10,000, this product could enable buyers to access borrowing between £190,001 and £500,000, with a maximum loan-to-value (LTV) of 98%. This makes it an attractive option for those who may have found it challenging to save a larger deposit.

The mortgage comes with a 5-year fixed rate, offering payment stability and protection from interest rate changes during that period. As with most fixed-rate products, early repayment charges may apply if the loan is repaid or changed during the fixed term.

It’s important to note that “My First Mortgage” is only available to first-time buyers. For joint applications, both applicants must meet these criteria. Additionally, the product is not available for flats, new-build properties, or homes located in Northern Ireland.
As always, suitability will depend on individual circumstances, so seeking professional advice is key to understanding whether this option is the right fit.

Things to consider with low-deposit mortgages
If the value of your home falls, you might end up owing more than it’s worth. This is known as negative equity.

A higher loan-to-value (LTV) may lead to a higher interest rate on your mortgage.

If you or someone you know is looking to make their first purchase and struggling to save for a deposit, this could be a good solution.

As whole-of-market mortgage brokers, we have access to numerous lenders who offer low-deposit mortgage solutions. Reach out today for a free initial consultation at our expense.

CLICK THE CALL NOW BUTTON TO SPEAK TO ONE OF OUR ADVISORS OR TO MAKE AN APPOINTMENT TO VISIT OUR OFFICE IN THE HEART OF TEDDINGTON. ALTERNATIVELY DROP US AN EMAIL VIA [email protected]

Santander 98% MortgageSantander UK has launched My First Mortgage, a new deal aimed at helping more first-time buyers ge...
03/03/2026

Santander 98% Mortgage

Santander UK has launched My First Mortgage, a new deal aimed at helping more first-time buyers get onto the property ladder.
The mortgage allows buyers to borrow up to 98% loan-to-value (LTV) with a minimum £10,000 deposit. It’s a five-year fixed rate at 5.19%, comes with no product fee, and includes £250 cashback (subject to change).

Borrowing above 95% (up to 98%) is available on existing houses only. New builds and flats are capped at 95% LTV. Standard affordability checks apply, with lending up to 4.45 times salary.

It’s available via brokers and reflects growing lender efforts to make homeownership more accessible, especially as average first-time buyer deposits have recently exceeded £85,000.

As always, the mortgage market is ever changing, give us a call to discuss your mortgage options.

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

Spring Budget 2026: With the Chancellor set to deliver the Spring Statement on March 3rd, many homeowners are wondering:...
03/03/2026

Spring Budget 2026: With the Chancellor set to deliver the Spring Statement on March 3rd, many homeowners are wondering: will it affect my mortgage?

Mortgage rates are set by individual lenders and largely driven by inflation expectations and swap rates. While political announcements don’t usually cause major rate changes, markets do react to economic signals as seen after Liz Truss’s 2022 mini-budget.

The good news? Expected base rate changes are often priced into fixed deals well in advance. In today’s market, no surprises would actually be positive for stability.

Waiting for rates to fall can be risky, as markets move ahead of official decisions. The smarter approach is understanding what’s affordable now and reviewing your options regularly.

If you’re remortgaging, moving, or just exploring your options, speaking to a mortgage adviser can help you make confident, informed decisions — whatever the Spring Statement brings.

CALL US TODAY ON 020 8977 7090

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

Best Mortgage Rates (27/2/26)· 3.54% fixed for two years· 3.69% fixed for three years· 3.79% fixed for five ...
03/03/2026

Best Mortgage Rates (27/2/26)

· 3.54% fixed for two years
· 3.69% fixed for three years
· 3.79% fixed for five years
· 3.86% two-year tracker rate

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

Base Rate PredictionsThe Bank of England (BoE) base rate, held at 3.75% in February 2026, is widely expected to fall fur...
02/03/2026

Base Rate Predictions

The Bank of England (BoE) base rate, held at 3.75% in February 2026, is widely expected to fall further during 2026 as inflation targets are met, with forecasts suggesting a drop to 3%-3.50% by the end of the year.

Further rate cuts are likely, with market projections hinting at reductions in early 2026, possibly bringing the rate down by another 0.25-0.5 percentage points.

Key 2026 Bank of England Rate Projections

Near-Term Outlook

Analysts suggest potential rate cuts to 3.5% as early as March 2026, with some forecasting a continued downward trajectory.

End-of-Year Forecasts

Most analysts expect the rate to settle between 3% and 3.50% by the end of 2026.

Influencing Factors

Inflation is expected to return to the 2% target by spring 2026, allowing for a gradual easing of the base rate. However, persistent inflation remains a risk that could limit the extent of further cuts.

Speak to your local broker today

Visit us at our Teddington office or book a virtual consultation. We proudly support clients across Middlesex, South West London, and surrounding areas, including Twickenham, Richmond, Kingston, Wimbledon, Putney, Surbiton, Esher, Walton-on-Thames, and more.

CALL NOW ON 020 8977 7090

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

06/09/2023

Renting But Would Rather Buy Your Own Property?

No deposit – No problem – 100% Mortgages are back.

Mortgage lenders are now starting to provide products for people with a strong history of making rental payments over a period of time – therefore demonstrating they can afford mortgage repayments. These lenders are finally offering a solution to allow them to buy their own home rather than be trapped in a cycle of having to pay rent to a landlord.

A major lender has just launched a 100% mortgage for people who can demonstrate they have been renting for a minimum of 12 months in the last 18 months.

Whilst they will lend 100% you can provide a deposit providing it does not exceed 5%.

The proposed new mortgage payments must not exceed the current rental payments.

Maximum property value £600K.

You can't have owned a property in the UK or abroad in the last three years.

If you, or somebody you know, would like to find out more about these mortgage deals, please contact Steve Padgham via e-mail at [email protected] or by calling 020 8614 4782.

Address

1 Cambridge Road
Teddington
TW118DT

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

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