Mark Thompson - Later Life Lending Specialist

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Mark Thompson - Later Life Lending Specialist

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Hello I'm Mark, a Later Life Lending Specialist, based in Hull.

📞07789 941700
💻[email protected]
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02/11/2026

Mortgages can feel complicated, but getting advice doesn’t have to be.😬💭

We’re here to help you understand your options, whether that’s finding a mortgage or looking at protection to suit your needs. No unnecessary jargon, just straightforward advice and support throughout the process!

Get in touch if you’d like to have a chat. 👋

31/10/2026

Happy Halloween! 🎃 👻

29/10/2026

AUTUMN BUDGET 2026: What does it mean for the property market? 🏡

The Budget announced yesterday brings important changes for first-time buyers, homeowners and landlords. Here’s what you need to know: 👇

🔑 First-time buyers - 'Your First Home' scheme launching in April 2027, which could allow eligible first-time buyers to purchase a new-build property with a 2.5% deposit and a 20% government-backed equity loan.

🏘️ Landlords - Tax increase on property income is rising from the previously announced 2% to 4% from the 2027–28 tax year. This could squeeze landlords’ profits further, potentially influencing decisions to sell or retain rental properties.

💷 Higher-value homes - The High Value Council Tax Surcharge has been clarified, with annual charges ranging from £2,500 for properties valued between £2m and £2.5m to £7,500 for homes worth £5m or more.

📈 House prices - The Office for Budget Responsibility forecasts average house price growth of 11.6% over the next four years, but has reduced its projections for housing market activity by around 4% from the beginning of 2027.

Have questions about your mortgage or property plans? Get in touch today! 👋

18/10/2026

What if your home could help you enjoy retirement a little more?🏡🌴

If you’re a homeowner approaching or enjoying retirement, the equity you’ve built up in your property could give you more options for later life.

Depending on your circumstances, a later life mortgage could allow you to release some of the money tied up in your home. This could help you supplement your retirement income, make home improvements, support family, or enjoy a few more of the things you’ve always wanted to do. ☀️

Curious about your options? We’re here to help you explore them. 🌊 Get in touch today!

08/10/2026

The Autumn Budget will be announced on 28th October... but, what actually is it? 💭🍂

The Autumn Budget is when the UK Government reveals its tax and spending plans for the year, based on economic forecasts from the Office for Budget Responsibility. The Chancellor discusses public finances, tax policy changes and funding for key services like the NHS, education and transportation.

It’s essentially the government’s formal check-in on the economy: what the outlook is, what priorities are being funded and how those decisions might affect households, businesses and public services. 📈 📉

Make sure to tune in on the 28th for important announcements and how this might affect your wallet! 👀

05/10/2026

Don’t risk it till winter - get protected today! ❄️🏠

With the temperatures beginning to drop and autumn already flying by, now’s the ideal time to review your cover and ensure you've got the right policy in place... before the cold weather arrives and you’re left wishing you had. 🥶

Get in touch for expert protection advice today! 👋

30/09/2026

Move or improve? 🤔🛠️ As property values shift and lifestyles change, deciding whether to upgrade your current home or relocate is a big choice

Pros of IMPROVING ✅
💡 Sentimentality and personalisation - Customise your space.
💡 Build equity - Boost your home's value through renovations.
💡 Save money - Upgrades often cost less than buying.

Pros of MOVING ✅
💡 Property value - A favourable housing market could mean greater profit.
💡 Life changes - Your current home may no longer suit your lifestyle.
💡 Fresh start - You simply fancy a fresh start in a new environment.

If you need more advice on whether you should improve your home or move, get in touch today!📞

28/09/2026

Protect you and your loved ones against the unexpected! 🛡️

Home insurance protects your home and its belongings. 📦 It covers the repairs and replacement costs for various events, including damages caused by fire, storms, flooding and theft. If your home is damaged or destroyed by any of these events, your insurance company will provide compensation to help cover the costs.

Buildings insurance is typically a requirement by lenders for homeowners who have a mortgage on their property, as it covers the structural elements of the home, such as the walls, roof, and foundations. 🏠 Whereas, contents insurance covers the items inside your home, such as clothes, gadgets, furniture and carpets, and isn't mandatory.

Many home insurance policies are customisable, meaning you can tailor the policy to meet your specific needs and add extra coverage where required. 🤝

Speaking with an expert protection adviser can give you a clear understnding of the most suitable options for you - get in touch today! 👋

26/09/2026

The kids are back to school... 📘 And it's finally time to tackle those jobs that have been lingering on your to-do list - like reviewing your finances!

It’s important that you regularly evaluate your financial circumstances to ensure that your current mortgage deal and protection policies still meet your needs. ☑️

❓ Maybe you’ve had a pay rise? Changed your job? Started a family? Simply looking to cut back on spending?

Whatever the circumstances, reviewing your mortgage could help you take advantage of more suitable rates and improve your affordability. Similarly, protection policies and provider criterias also constantly evolve, meaning options that weren't available or suitable in the past might be right for you now.

Make sure to get in touch for a free, no obligation conversation about how we can support you. 👋🧡

17/09/2026

🏦 Bank Rate held at 3.75%

The Bank of England (BoE) has held the base rate at 3.75% once again, with the vote split 6–3, with three members calling for a rise to 4%.

Inflation has also recently increased to 3.1%, above the Bank’s 2% target, with energy prices being a major factor. The BoE has warned that if the ongoing conflict in the Middle East continues to push energy prices higher, inflation could rise further - potentially increasing the need for future bank rate rises. 📈

What does this mean for mortgages? 📊❓
For those on fixed rates, there’s no immediate change. If your fixed rate is coming to an end shortly, there’s no need to panic. There are still plenty of mortgage options available, and we can help you understand what’s available and plan ahead, rather than making a rushed decision.

As always, we’ll be keeping a close eye on the market and keeping you updated. 🏡

Address

6 Kingston Road
Willerby
HU106BN

Website

https://www.mortgagehubgroup.co.uk/our-mortgages/equity-release-mortgages

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