Following Mark Carney's comments last week that base rates may rise as early as the end of this year!

Followed by increased press coverage on the subject, we are receiving calls daily asking "when should I sign up?"

The answer is simple; today or if not today definitely tomorrow. With major building societies such as Santander and Woolwich withdrawing deals and more likely to follow, it is unlikely that rates will be this low again for a while.

A quote does not secure a rate but an application does so whilst we are not trying to scare people, we are saying if you have secured a new home or decided to re-mortgage there really is no point in delaying your application.

For more information or to find out how simple a mortgage application is please contact us on 01628 507477.

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The government has announced plans to make buying or selling a home cheaper and quicker with what is being called the “biggest shake-up to the homebuying system in this country’s history.”

Almost one in five equity release mortgages are now taken out to provide financial support to family.

According to industry data, the expected wait for those looking to buy a property has dropped from just over 11 months to less than six months.

It is common for your first mortgage payment to be higher than your subsequent monthly payments for two reasons.

Firstly, a big congratulations, you’ve now exchanged contracts! After weeks and months of waiting, you are about to move in. What should you do first?

The chancellor will deliver her second budget this autumn. Due to slow economic growth and high inflation, the government need to manage a £40 billion shortfall in public finances. There have already been reports about changes to taxes including income tax and capital gains tax.

The chancellor has advised that landlords could have another tax to pay this autumn as the Treasury decide whether to extend national insurance contributions to rental income. 

According to a report in the Guardian, senior ministers have asked Treasury officials to look into a “proportional” property tax to see how it would work as an alternative to the existing stamp duty land tax on owner-occupied homes.