How will Brexit affect Mortgages and Property sales in 2019?
This is a question I am often asked. As an experienced mortgage advisor I actually began my career during the Financial Crisis of 2007-2008. Whilst I don’t believe we will see a return to this chaos on the financial side, there are some striking comparisons. Mainly a stalling of the property market in some areas.…
Large personal loans could prevent you from getting a mortgage
The Bank of England has recently commented on the rise of personal loans and how personal loans could pose a danger to the UK economy. As professional mortgage advisors and financial intermediaries, we are becoming increasingly aware of the rise of mortgage applicants with high-value loans and hire purchase agreements. Many mortgage applicants are unaware…
The Payday Loan Mortgage Crunch
Every day we are approached by mortgage applicants who, at one point in their lives might have seen an advert on TV for a handy solution to a short-term cash problem: The Payday Loan. It might have only been for £50 and paid off within 30 days or even 1 week, nothing to worry about…