Hoskin Mortgages

Rise In Remortgaging

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Rise In Remortgaging Brought About By Record Low Base Interest Rate The Bank of England’s record low base interest rate has propelled a rise in remortgages. The mortgage processor Legal Marketing Services has released data showing a rise in remortgage transactions. The number of remortgages taking place is the highest since July […]

Santander’s High Loan-To-Value Mortgages

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Santander’s High Loan-To-Value Mortgages A Sign Of Confidence In Lending Market The bank is creating a series of high loan-to-value (L.T.V.) mortgages aimed at servicing customers with good credit ratings. Santander are looking to entice customers wanting competitive interest rates over a set time period, offering £250 in the form of cashback […]

New Era of 1% Interest Rate Mortgages Could Be On The Way

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] New Era of 1% Interest Rate Mortgages Could Be On The Way A lowering of the Bank of England’s base interest rate could stoke competition amongst mortgage providers, leading to interest rates of 1% or even lower. Customers may soon be able to take advantage of even lower interest rates on fixed-rate […]

Thousands trapped in Negative Equity

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Hundreds Of Thousands Trapped In Negative Equity Due To Where They Live Homeowners in the north of England remain stuck with homes worth less than the value of their mortgage while London property prices surge ahead. According to the latest analysis by online estate agent House Simple, British homeowners are slowly escaping […]

A third of people expect to be paying mortgage into their retirement

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] A third of people expect to be paying mortgage into their retirement A recent survey carried out by the Halifax has found that 1 in 3 people expect that they will have to work beyond the age of retirement to help pay off their mortgage. The survey interviewed over 8,100 people aged […]

Self-Employed Get New Opportunity To Buy A Home

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Self-Employed Get New Opportunity To Buy A Home New products offer the self-employed competitive mortgage rates and a chance to get on the housing ladder Two new products have been created by Newcastle Intermediaries in an attempt to address the problems self-employed people face when applying for a mortgage. Steve Carruthers, Newcastle […]

Selling a Buy to Let Capital Gains Tax

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Selling a Buy to Let Capital Gains Tax Selling an investment property triggers liability based on the increase in value of the asset during ownership, minus certain costs. Where you have lived in a property as your main home , for any point of your ownership, the period is discounted when calculating […]

Buy to Let – The New Tax Rules

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Buy to Let – The New Tax Rules In the 2015 Summer Budget and Autumn Statement, the Chancellor introduced several changes that will affect anyone buying or owning a buy-to-let property in the UK. It is important that landlords understand these changes because they may affect the profitability of many buy-to-let portfolios, […]

Mortgage Credit Directive

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Mortgage Credit Directive by Ian Chambers at Hoskin Home Loans. Mortgage Credit Directive is almost upon us and as with all change people are apprehensive but also excited especially in the second charge industry as predictions are that it will be able to gain some of the remortgage markets share of business. […]

Shared ownership

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Shared ownership 10 tips to help you on your way 1) Manage your expectations, because housing associations are not charities. If you default on rent or a mortgage, your home may be repossessed. The association will not bail you out if your home falls into negative equity or if you struggle to […]