Commercial Watch Episode 3 | Understandable Wariness
Commercial Watch Episode 3 | Understandable Wariness In today’s Commercial Watch Episode 3, the discussion is on the commercial property sector. The UK commercial property market faced significant challenges during the pandemic. Compared to flourishing mortgage segments, it struggled considerably. Transitioning to remote work left offices vacant, while shuttered pubs and limited retail activities caused widespread […]
What is Shared Ownership? | Your Guide to Homeownership
The Shared Ownership Scheme, a government initiative, allows individuals to buy a portion of a property from a housing association. These associations are non-profit organisations dedicated to providing homes. This arrangement enables buyers to acquire a property stake with a reduced deposit and mortgage. The deposit and mortgage requirements are lower because ownership is limited […]
Whole of Market Mortgage Broker
A mortgage broker with access to the entire market can evaluate every conceivable mortgage option. This enables them to propose the most fitting deal for your specific needs. In a nutshell, this is what a whole-of-market mortgage broker does. Opting for such a broker can yield significant cost savings. In contrast, certain mortgage advisors may […]
Why Connect is a Network to Consider? | Highly Commended
Recognition That Highlights Our Commitment In a crowded marketplace, standing out is essential. Being “Highly Commended” at the Mortgage Strategy Awards reflects the Connect Mortgage Network’s dedication to excellence within the UK mortgage market. Although we did not win the award for Best Network Up to 300 ARs this year, this recognition speaks […]
The Bank of Mum and Dad | A Legal & General Special
New findings from a study by Legal & General and Cebr show that familial financial support, often called the Bank of Mum and Dad, will be crucial in revitalising the UK housing market. Faced with economic challenges from the COVID-19 crisis, nearly a quarter (23%) of housing transactions in 2020 will rely on the Bank […]
Property Reporter | Scotland’s £1 Million Market Now Fastest
Property reporter Rightmove’s recent findings reveal Scotland has overtaken London as the fastest market for million-pound properties. Homes in Scotland now secure buyers in 61 days on average. This marks a reduction of 25 days compared to pre-pandemic times. The data compares the year before the pandemic with the subsequent year after the market reopened. […]
Equity Release Mortgages | Mortgage Finance Gazette Discuss
Exclusive: Mortgage Finance Gazette Discusses the Potential Social Impact | 2021 In 2019/2020, 86% of initial pension withdrawals came from pots valued at less than £10,000. Even with access to a full state pension, financial strain may occur. The Pension & Lifetime Saving Association’s ‘Retirement Living Standards’ suggests a single person needs over £10,200 […]
L and G Mortgage Club | The Role of Green Mortgages | 2021
Legal and General Several factors require consideration in the home-buying process, varying by buyer priorities. Location, size, number of bedrooms, garden dimensions, and the property’s age are all important. Many choose to purchase a new-build home, an entirely justified choice. Advantages of New-Build Homes Purchasing a newly constructed home has several benefits. Buyers can move […]
The Right Solicitor | Seeing A Mortgage Offer To Completion
Continuing from our earlier piece titled “Legal Work | When Conveyancing Goes Wrong Uncovered,” we aim to provide a balanced perspective. Let’s delve into the crucial role of the right solicitor in ensuring a successful mortgage completion. The ongoing pandemic has exposed inefficiencies in the UK mortgage market, highlighting sluggish and complex processes. While advisers […]
Commercial Watch Episode 2 | Waiting for The Bounce Back
Commercial Watch Episode 2 Liz Syms, CEO and Founder of Connect Mortgages We initiated our commercial watch by introducing the insightful analogy of ” “When One Door Closes.” Today’s Commercial Watch Episode 2 is about “Waiting for the bounceback.” The impact of the pandemic was significantly more pronounced in the commercial mortgage market. It […]
