Why Connect is a Network to Consider?
Why Connect Is a Network to Consider? | Recognition in a competitive industry is always meaningful, and Connect’s recent Highly Commended status at the Mortgage Strategy Awards reinforces why many advisers view us as a strong network choice. This acknowledgement reflects the Connect Mortgage Network’s commitment to high standards, adviser support and continual improvement across […]
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
Equity Release Mortgages for Advisers | Equity release is a specialised financial product designed for clients aged 55 and over. It allows them to access the equity in their home while staying in it. It is a complex and long-term commitment that is highly regulated and requires specific adviser expertise. Connect supports advisers who want […]
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 […]
Legal Work | When Conveyancing Goes Wrong Uncovered
Conveyancing Pitfalls in the UK Mortgage Market In a recent discussion led by Liz Syms, CEO of Connect for Intermediaries, conveyancing challenges took centre stage. One example revealed a costly mistake: £200k was mistakenly sent to a client instead of the lender. This incident highlights a growing problem where legal processes cause unnecessary delays […]
Financial advisers | What Do Customers Want From an Adviser?
Life is inherently uncertain. Offering expert financial guidance during a pandemic presents unique challenges for advisers. What are your clients’ genuine expectations and desires in this evolving landscape? Clients seek expertise, empathy, and reassurance from financial advisers. They deal with unprecedented economic shifts, job insecurities, and health concerns. Thus, advisers’ holistic and compassionate approach is […]
Offset Mortgages | An Extraordinary Good Practice Guide
Offset Mortgages An offset mortgage empowers clients to connect their savings and mortgage accounts. This link offers control over their home loan. They gain flexibility, making overpayments without losing access to their funds. This strategic method aligns with financial goals. Clients can reduce monthly repayments or shorten the mortgage term. Choices depend on specific […]
Financial and Mortgage Resilience
The year 2020 brought a global crisis that challenged financial and mortgage stability across all levels of society. The COVID-19 pandemic disrupted daily lives, economies, and financial systems worldwide, exposing vulnerabilities within the UK mortgage market. As a result, it highlighted the urgent need for financial preparedness among households. Government support during this time was […]