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Liz Syms

Mortgage Network For New Brokers

Mortgage Network For New Brokers | Brilliant Connect For Intermediaries

Imagine you’re approached by a young couple in their late twenties who’re looking for a mortgage so they can start their journey together, settle down and raise a family. They’ve been saving for years to get a large enough deposit together, they’ve seen the home of their dreams and they think they’ve found the right lender…only to be turned down because they missed a credit card payment or mobile phone bill so long ago that they’d almost forgotten about it.

Right to Buy Scheme

Right to Buy Scheme | Your Guide to An Amazing Mortgage Journey

Many brokers believe a property only becomes an HMO when five or more people forming more than one household are living in it. Not only is that wrong, but it could also potentially have very costly consequences for landlords. A property is actually classified as an HMO when it’s occupied by at least three unrelated tenants forming more than one household who share toilet, bathroom or kitchen facilities.

The Right Solicitor

The Right Solicitor | The Importance Of Seeing A Mortgage Offer To Completion?

The pandemic has highlighted the cumbersome and slow process often found in the mortgage market. As a result, it has been great to see advisers and mortgage lenders adopt innovations such as electronic ID and desktop valuations to improve this.

However, with the stamp duty deadlines, the services from solicitors have been impacted. This spotlight has shown up some of the slow and archaic procedures in the legal part of the transaction.

Industry Insight Episode 8

Industry Insight Episode 8 | Another Extraordinary Year of the Staycation Summer? | 2021

It seems like yesterday we were discussing last year’s burgeoning holiday lets market and now we’re experiencing the same trends for 2021. Deterred by the thought of quarantine hotels, country restrictions and the likelihood of catching the coronavirus itself, Brits are once again preparing for a summer of staycations.

Help to Buy

Help to Buy | Are You Ready For The Next Phase? | 2021

From 1st April, the existing Help to Buy Equity Loan Scheme (2013-2021) will be replaced with the new Help to Buy Equity Loan Scheme (2021-2023) and will only be available to first-time buyers purchasing a new build property. Also on that date, regional property price caps will be introduced, with each area of the country having a maximum property value that will be eligible for the scheme.

Broker Barometer

Broker Barometer | Shawbrooks Revealing A Largely Positive Outlook for 2021

Despite on-going uncertainty as we continue to navigate the challenges of the pandemic, brokers remain optimistic when looking at the year ahead. Over two thirds (67%) of commercial brokers said they were confident about the UK lending environment this year, whilst 60% state they felt confident about the growth of their business.