Phil Thompson at Matt Clarke Mortgage Services

14/04/2025

Struggling to find a lender who understands CIS payslips? You're not alone! 🤔

At Matt Clarke Mortgages Services, we specialise in CIS mortgages and have access to lenders who know exactly how you earn. Not all brokers offer this expertise.

Discover how we can help you secure your dream home. Contact us today! 🏡



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

25/11/2024

🏡 Ready to take the plunge into homeownership? Remember, there's no one-size-fits-all approach to how much you can borrow for a mortgage. Understanding these key factors will help you prepare for your mortgage application:

👶 Financial Dependents: More dependents mean more financial responsibility—something lenders consider when assessing your mortgage application.

💳 Debt: Lenders will evaluate your existing debts, like credit cards or loans, to ensure you can manage these alongside mortgage repayments.

💷 Income: While lenders usually offer up to 4.5 times your income, there are some that now offer up to 6 times your income! Some lenders will also consider bonuses, overtime, and freelance work. A higher and more stable income could mean borrowing more.

💼 Financial Commitments: Regular expenses like subscriptions or childcare costs will affect your borrowing potential, as lenders want to ensure you won't overstretch your budget.

🏦 The Lender: Different lenders have different criteria. Some are more flexible, so it's wise to consult an adviser to discuss what’s right for you.

Want personalised advice tailored to your situation? Follow us for more insights! 🚀



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

18/07/2024

UK house prices pick up

Following a slight dip in April, UK house prices showed modest growth in May.

The average house price rose monthly by 0.4% to £264,249 in May, having fallen by 0.4% the previous month. Promisingly, annual growth was also at 1.3%, up from 0.6% in April.

Expert opinion
Robert Gardner, Chief Economist at Nationwide, commented, “The market appears to be showing signs of resilience in the face of ongoing affordability pressures following the rise in longer term interest rates in recent months.”

The UK awaits cuts to Bank Rate
It is uncertain when the cost of borrowing will improve - the earliest that base rate could come down is August, following the Bank of England’s decision to hold it at 5.25% in June. When the first cut does come, it is possible that the UK could see significant house price growth.

Signs of hope
Despite higher mortgage rates, Gardner commented that “Consumer confidence has improved noticeably over the last few months”, reflecting that this is likely due to “solid wage gains and lower inflation.”

Mortgage advice
As the UK housing market continues to fluctuate, we can help you understand what it all means for you, your mortgage and home purchase. Get in touch for advice.

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

1Nationwide

03/05/2024

Looking for a home that's free from any hidden issues or repairs?

A new build home is made with the latest construction methods and materials, ensuring it's in tip-top shape from day one.

So, say goodbye to DIY!

Spend your time decorating and personalising your new space, instead of fixing it up.

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

27/02/2024

Great to see Jimmy at the Stonebridge awards 24!

07/08/2023

What's the age limit on a mortgage? Biggest lender increases its cap

Halifax has increased its maximum working age from 70 to 75 for applicants wanting to pay off a home loan with their wages.

27/07/2023

Average mortgage rates fall for the first time in months

Lower than expected inflation data has meant markets expect the Bank of England's base rate of inflation will peak lower than previous estimates. Lenders are already pricing that forecast lower rate in to the mortgages they have on offer.

06/07/2023

Exchange date? Check.

Removals booked? Check.

Insurance?... If you haven’t thought about protecting your home and your loved ones against the unexpected, get in touch with us today, and we’ll help you get that important piece checked off your to-do list!

28/06/2023

Could your mortgage be approved?

We can help:

✅ First Time Buyers
✅ Home Movers
✅ Low credit scores
✅ Remortgage to raise additional money

Call us today to speak to a Mortgage Expert!

YOUR PROPERTY 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

21/06/2023

Are you looking to raise capital for home improvements but don't know where to start? Matt Clarke Mortgage Services could help you remortgage your property to free up the equity you need. With access to hundreds of mortgage products, we could help secure the most suitable mortgage for your circumstances.

Get in touch with us today and start realising your home improvement dreams!

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