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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…

We took the opportunity to chat to Emma Green, Head of sales at Paymentshield about their latest developments to support mortgage advisers during these uncertain times.
It’s been 3 months since the start of lockdown what are the things that have impacted on Paymentshield and the home insurance market? Well, three impacts from lockdown for me would be…

In this issue, we look at how the wider mortgage market has fared through the COVID-19 crisis. We examine how new lending has been impacted and what the recovery might look like, as well as what the changes in the industry, both temporary and permanent, mean for lenders and customers and the future of the sector.

The results from our annual Broker Barometer are here and we are encouraged by the overall positive outlook of the broker community, despite the challenges faced as a result of the pandemic.

Household growth is one factor affecting overall housing need. The number of new households in England for example is projected to grow by 159,000 per year, based on current trends.

We are now at the stage where we can start to look forward and consider what shape the market might take beyond the COVID-19 crisis. The pandemic has impacted many areas of life, particularly people’s finances – and so it is likely that it will play a part in carving out what tomorrow’s mortgage market looks like.