Ryan Crow

Advising through uncertainty

This year has been a time of unparalleled difficulty for many. After the loneliness and disruption of lockdown restrictions, the economic shockwaves are beginning to ripple around the country. In August, the country formally entered its first recession in 11 years, and with redundancies looking to rise as the furlough scheme winds down, it’s hardly surprising that some brokers are beginning to get anxious about what the future holds.

Legal & General – The Bank of Mum and Dad

The Bank of Mum and Dad will be a driving force behind the recovery of Britain’s housing market as buyers struggle with the economic impact of the COVID-19 crisis, new research from Legal & General and Cebr shows. Nearly one in four housing transactions (23%) will be backed by ‘BoMaD’ in 2020, with a quarter (24%) of borrowers now more reliant on financial support from family and friends.

Society of Mortgage Professionals – Fraud Prevention

This Good Practice Guide, written in association with Halifax, outlines some of the current mortgage application fraud themes seen by lenders in the UK mortgage
market. The guide will provide you with some hints on how to spot and prevent mortgage fraud.

Precise Mortgages; Buy to Let soundbite

Our range of Buy to Let Mortgages offers landlords a variety of solutions, whether they’re a portfolio landlord, run their business as a limited company, are looking at HMOs, or even a first-time buyer or first-time landlord. 

3 in 10 BTL landlords intend to remortgage in the next 12 months

With fixed-rate periods coming to an end, around three in 10 landlords say they intend to remortgage in the next 12 months. Precise Mortgages understands landlords’ needs and has a range of Buy to Let Mortgages available to make it as easy as possible to remortgage to a more favourable product.

Offset mortgages Good Practice Guide

How offset mortgages can enable clients to take control of their mortgage and make their savings work harder, by using them to reduce their outstanding debt. An offset mortgage puts your client in control of their homeloan. It links their savings account to their mortgage account. This enables them to effectively overpay their mortgage without losing access to their money. By doing so, they can either reduce their ongoing monthly repayments or cut their mortgage term…