Howard Mortgages

Howard Mortgages Local Award-winning, friendly advice for all of your Mortgage, Protection & Insurance needs http://www.howardmortgages.co.uk Marychurch, Torquay, TQ1 4PR.
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With offices in Torbay, Exeter, Teignmouth & Bristol, we’ve got the Southwest covered and can service customers throughout the whole of the UK. Our team of expert mortgage advisers are on hand to provide you with tailored mortgage solutions that fit. We’re known for our excellent service that gives customers a simple and cost-effective process. Service should be seamless so we make sure our custom

ers work with the same expert mortgage adviser from start to finish. Our mortgage advisers provide straight-talking mortgage advice – whether you’re a first-time buyer, remortgaging, buying to let, or simply buying a new home, they’re there to work out what’s most suitable for you. Dedicated case managers handle every aspect of the process, from form filling to chasing things up. Howard Mortgages have won both local and national awards for advice and service. Please browse our website and check out our blog page for latest news. Do be aware, it is not always the cheapest rate is the best deal, so give us a call today and we can discuss with you the most suitable options for YOU. Howard Mortgages is a trading style of (UK) Howard Financial Limited an appointed representative of Quilter Financial Services Limited which is authorised and regulated by the Financial Conduct Authority. Registered address: 1, The Old Bank Chambers, Fore Street, St. incorporation number 08640589 Registered in England & Wales. Learn more: http://www.howardmortgages.co.uk

Call us today: 01803 554455

Most buy-to-let mortgages are not regulated by the Financial Conduct Authority
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.

Many homeowners take out a mortgage and then don't review it again until their deal ends. However, your circumstances ca...
08/06/2026

Many homeowners take out a mortgage and then don't review it again until their deal ends. However, your circumstances can change significantly over the years.

Changes such as moving home, starting a family, changing jobs, receiving a pay rise, or becoming self-employed could all affect your mortgage needs.

Regularly reviewing your mortgage can help ensure it continues to suit your circumstances and future plans. It's also an opportunity to understand what options may be available as your current deal approaches its end date.

A mortgage is one of the biggest financial commitments most people will make, so taking time to understand your options can be an important part of your financial planning.

With household costs constantly changing, it's worth taking a moment to review your finances and make sure your mortgage...
05/06/2026

With household costs constantly changing, it's worth taking a moment to review your finances and make sure your mortgage payments still fit comfortably within your budget.

Whether you're on a fixed-rate mortgage or considering a remortgage in the future, understanding your monthly outgoings can help you feel more prepared for whatever comes next.

Some simple steps you can take:
✔️ Review your monthly spending
✔️ Check when your current mortgage deal ends
✔️ Build an emergency savings fund where possible
✔️ Seek professional advice before making financial decisions

Planning ahead can help reduce financial stress and give you more confidence about the future.

Buying a home is exciting, but it’s important to remember that the property itself is only part of the bigger picture.Be...
03/06/2026

Buying a home is exciting, but it’s important to remember that the property itself is only part of the bigger picture.

Before committing to a mortgage, it can help to look at your overall monthly budget and consider the ongoing costs that come with homeownership, such as utilities, insurance, maintenance and unexpected repairs.

Taking time to plan ahead can help make homeownership feel more manageable and less stressful in the long run.

Everyone’s circumstances are different, so understanding what works for your own finances is key.

Owning a home is one of the biggest financial commitments most people will ever make, but many people spend more time ar...
28/05/2026

Owning a home is one of the biggest financial commitments most people will ever make, but many people spend more time arranging the mortgage than thinking about how they would continue paying it if their circumstances changed unexpectedly.

Life insurance and income protection are often overlooked, yet they can play an important role in helping provide financial stability for you and your family if illness, injury or loss of income affects your household.

It is important to regularly review:
• Whether your current cover still matches your mortgage balance
• If your policy term is long enough
• Whether your level of cover reflects your current lifestyle and commitments
• If you have protection in place for sickness or long-term absence from work

Circumstances change over time. Moving home, having children, changing jobs or taking on additional borrowing can all affect whether your existing arrangements are still suitable.

Taking time to review your protection arrangements can help you make informed decisions about your financial future.

26/05/2026

The Renters’ Rights Act introduced significant changes for landlords and tenants from 1 May 2026, and many landlords may not yet be aware of the new documentation requirements.

One important change is the requirement for landlords to provide tenants with the official Government Renters’ Rights Act Information Sheet before the end of May 2026. Failure to comply could result in fines of up to £7,000 per tenancy agreement.

Key changes introduced under the new legislation include:

• The abolition of fixed-term tenancies, with agreements now becoming periodic by default
• The removal of Section 21 “no-fault” evictions
• Restrictions on rent increases, which can now only take place once per year using the formal Section 13 process
• New rules around tenant pet requests, which landlords cannot unreasonably refuse

It is important to note that the information sheet must be the official PDF issued by the UK Government and cannot be edited or rewritten. Simply sending a website link is not considered valid service.

Landlords should ensure the PDF itself is either:
• Provided as a printed copy to the property, or
• Sent directly to the tenant as an attachment via email or text message

You can download the official Government information sheet here:
https://assets.publishing.service.gov.uk/media/69bc04b8f7b1c24d8e23ce60/The_Renters__Rights_Act_Information_Sheet_2026.pdf

As always, staying informed and keeping up with regulatory changes is an important part of responsible property ownership.

There is a common misconception that being self-employed automatically makes getting a mortgage significantly more diffi...
24/05/2026

There is a common misconception that being self-employed automatically makes getting a mortgage significantly more difficult.

In reality, many lenders assess self-employed applicants regularly, although income may be reviewed differently compared to employed applicants.

Areas lenders may commonly consider include:

• Length of trading history
• Income consistency
• Tax calculations and accounts
• Existing financial commitments
• Business structure and stability
• Deposit size and credit history

Different lenders can assess income in different ways, which is why understanding the documentation requirements early can often help the process feel smoother and more organised.

For self-employed individuals, keeping accurate records and maintaining awareness of personal finances can play an important role in mortgage applications generally.

Many people are surprised to learn that when a fixed mortgage rate ends, the mortgage does not simply stop or renew auto...
22/05/2026

Many people are surprised to learn that when a fixed mortgage rate ends, the mortgage does not simply stop or renew automatically onto another fixed deal.

In many cases, borrowers move onto their lender’s standard variable rate unless alternative arrangements are made.

This is why understanding the timeline of a mortgage product is important.

Things homeowners may wish to review before their fixed rate expires include:

• Current monthly repayments
• Remaining mortgage balance
• Early repayment charges
• Changes in income or expenditure
• Credit commitments since the mortgage began
• Property value changes over time

It can also be useful to understand how wider economic conditions and interest rate movements may affect mortgage products generally.

Staying informed early can help people feel more prepared when their current arrangement comes to an end.

Many homeowners arrange a mortgage and then rarely revisit it until their current deal ends.However, circumstances can c...
21/05/2026

Many homeowners arrange a mortgage and then rarely revisit it until their current deal ends.

However, circumstances can change significantly over time. Interest rates move, property values fluctuate, incomes change and household priorities evolve.

Reviewing a mortgage regularly can help people stay informed about:

• When their current rate expires
• What happens when a fixed deal ends
• The difference between lender rates and standard variable rates
• Whether their current deal still suits their circumstances
• Changes in equity levels over time

It is also important to understand that mortgage products vary in flexibility, fees and repayment structures, so reviewing information periodically can help homeowners remain aware of how their mortgage works.

Education and understanding are key parts of long-term financial planning.

Thinking about moving home but unsure where to start?One of the biggest misconceptions people have is that they need to ...
20/05/2026

Thinking about moving home but unsure where to start?

One of the biggest misconceptions people have is that they need to have everything perfectly organised before speaking to a mortgage adviser. In reality, having an early conversation can often help people better understand the process and prepare properly.

Topics that are commonly discussed during the early stages include:

• How affordability is assessed
• The difference between fixed and variable rates
• Costs involved with moving home
• How existing mortgages may work when moving
• The importance of credit history and financial commitments
• Why lenders review income and expenditure carefully

Many people also underestimate the amount of preparation involved outside of the mortgage itself, such as legal work, surveys and budgeting for moving costs.

Taking time to understand the process early can help reduce stress and improve confidence when the time comes to make decisions.

Buying a home is one of the biggest financial commitments most people will ever make, but it’s easy to focus only on the...
17/05/2026

Buying a home is one of the biggest financial commitments most people will ever make, but it’s easy to focus only on the mortgage itself and forget about protecting everything around it.

Life changes, circumstances change, and what felt like the right level of protection a few years ago may no longer suit your current situation. Whether you’ve moved home, had children, changed jobs or simply haven’t reviewed your arrangements in a while, it can be worth checking that your cover still reflects your needs today.

Taking time to review things now could provide valuable peace of mind for the future.

Address

1 The Old Bank Chambers, Fore Street, St Marychurch
Torquay
TQ14PR

Opening Hours

Monday 8am - 6pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 6pm
Saturday 10am - 4pm

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