Mortgage application preparation: are you UK mortgage fit?
Are you mortgage fit? The process of applying for a mortgage involves getting mortgage fit. That doesn’t mean you have to go to the gym but the key documentation must be in order and to hand. It’s not about physical fitness but getting the paperwork to a state where you give yourself the best chance […]
Interest rates: what’s happening with interest rates UK today?
What’s happening with interest rates? We analyse interest rates after an announcement from the Bank of England on November 4th, 2021 that rates will remain unchanged. Interest Rates Today The Bank of England have announced that there will be no change to interest rates at the start of November. These rates and inflation […]
Time to look at your finances
This is the best time to look at your finances During the lockdown, many clients have had time to sit down and look at their finances. This isn’t just the mortgage but other areas such as bank charges, direct debits, memberships and life insurance. We thought it would be a good idea to touch on […]
Interest rates at 0.1% what does this mean to borrowers?
With the Bank of England reducing interest rates to 0.1% what does this mean for borrowers? If you are on a tracker mortgage you should soon see the rate reduction passed on to your mortgage repayments. Likewise, if you are on your lenders’ standard variable rate (SVR) it is likely you will be impacted by […]
How will COVID-19 effect my mortgage?
How will Covid 19 effect my mortgage? As we head into our fifth week of the lockdown, True Cost Mortgages wants to reach out to you and confirm we are still open for business with all our advisers working from home. Below are the most common questions asked by our customers but whatever your query […]
Tips for newly-weds on home finances
Harmonising finances for newly-weds. Some recently-married couples may experience an ‘interesting’ time adjusting to a new way of life, especially when it comes to their personal financial matters. As single individuals, your spending habits would most likely differ. This is why you may need to make certain adjustments to combine finances for the household budget. […]
Bank of England Cut Base Rates by 0.5%, back to a historic low of 0.25%.
As Corona Virus is unfolding with unpredictable speed and unknown lasting effects on business and consumers there is bound to be an adverse effect on the wider economy. So to ease the financial strain for many businesses and consumers the Bank of England announced on budget day to cut the base rate to a historically […]
Liverpool is a great choice for first time buyers
Liverpool offers a lot for first time buyers! The Liverpool metropolitan area is the fifth most populous area in the UK with a population of 2.24 million as of 2018. As a city and an area to live, the wider Liverpool conurbation offers a wealth of cultural, historical, musical and sporting history. Liverpool is the […]
How much do you value peace of mind?
How much do you value your peace of mind? We live in an uncertain world and nobody has the foresight to know exactly how life is going to treat us. You can however reduce some uncertainties in your life by making sure that you and your family are financially protected from the fall out following […]
First time buyers – don’t let challenges hold back your dreams
First time buyers in many parts of the country are still finding getting their foot onto the first rung of the property ladder quite a challenge. This is largely down to a combination of rising rents which soak up more of the money they could have otherwise saved towards a deposit and property prices steadily […]
