House Purchases in the ‘New Normal’

As the property market now adapts to eased lockdown measures, we take a closer look at the current house-buying process and how it may differ from your expectations pre Covid-19. The most exciting part of the process is viewing potential new homes. For the time being open house viewings will be a thing of the […]

Spot On Mortgages – How we work in a changed world

It’s being called the “new normal”. The changes we will all need to make to the way we live and work in a post Covid 19 world. Spot On Mortgages were looking at more efficient ways of supporting our customers before the onset of Coronavirus and while the shift has happened quicker than might otherwise […]

Re-mortgaging and the extension of payment holidays

Towards the end of May the Treasury confirmed that mortgage payment holidays could be extended for a further three months. (1)  Christopher Woolard, interim chief executive at the FCA, said: “The measures we have confirmed today will mean anyone who needs to can get help from their lender, if they are still struggling to pay their mortgage […]

Specialist Mortgage Advice and Covid-19

As the lockdown period caused by the Covid 19 continues the mortgage and housing market continues to be hard hit. Forbes reported that the “property portal Zoopla has suggested that around 373,000 property purchases, worth an estimated £82 billion, are on hold because of coronavirus. It expects completed sales in 2020 to be half those […]

FCA advice to lenders for Coronavirus

In the wake of the Coronavirius Covid 19 outbreak the Financial Conduct Authority (FCA) published advice for lenders operating in the current climate. This was designed to ensure that customers remain supported and protected and that those working on mortgage provision were clear about what the FCA expected of them. One of the main areas […]

Re-mortgages and Coronavirus

With many people either furloughed from their jobs or working from home with time to think about the future, one of the main areas that is being contemplated is re-mortgaging. According to What Mortgage Magazine, online searches using the term ‘re-mortgage’ have risen by 60% in the second half of March as more customers search […]

The Future of Life Insurance

Customers’ requirements from their insurance policies have changed considerably in recent years. We have talked before about the impact of medical advances on how providers respond to people’s health circumstances. The fact that we are all living with previously life-threatening conditions and living longer overall means that we need to be covered in circumstances where […]

Boosting your chances of getting a mortgage

Buying a house can be stressful at the best of times. Arranging the mortgage, if you plan in advance, need not be one of the larger headaches. Whether you are at the beginning, saving for a deposit or ready to apply for a mortgage, there are steps you can take to make the chances of […]

Mental health and life insurance

According to a survey reported in The Daily Telegraph in August 2018 one in three of us will suffer from a mental health problem at some point in our lives. One fear that can arise because of a mental health problem is that no one will give you life insurance. Thankfully in recent years the […]

Mortgages for the self-employed

If you are looking to get on the property ladder you might be put off by the commonly held belief that getting a mortgage when you’re self-employed is much harder than for those in regular employment. Being self-employed does not make mortgage lenders any less likely to approve your application. You may however have to […]