Ann Richmond - Mortgage and Protection Adviser

Is now a good time to buy your first home?⏰
If you’re looking to buy your first home, then you’re probably wondering if now is a good time to make the move…?

Base rates, bank rates and mortgage interest rates... there’s a lot of rates out there and yet not a lot of information about what it means for you! Click on our very useful link below to find out more!

Even better, why not give us a call with any queries 😄❗

https://www.mortgageadvicebureau.com/first-time-buyers/is-now-a-good-time-to-buy-your-first-home/?branch=1519

Looking to buy some property?
We're here for you, whether you're a first time buyer or a seasoned pro!😎

https://www.mortgageadvicebureau.com/buying-a-property/?branch=1519

As the year unfolds, many of us will be faced with having to renew our mortgage deals!!

Whether you're navigating this process for the first time or you’re a seasoned homeowner, starting to look around early before your mortgage renewal notice even arrives, can make all the difference.
Getting in touch with us early ⏰ will mean that we can start looking for the best available deal to suit your needs. 🥳🥳🥳🥳
👇

How to prepare for a mortgage renewal this year Looking to renew your mortgage but don’t know when to start? We’ve got the answers for you.

Wondering how last week's Bank of England announcement might affect your mortgage? 🏡

Our latest article breaks down the essentials and offers top tips you need to know. 👇

Does the Bank of England base rate affect my mortgage? Here’s what you need to know about mortgage rates in 2024, including when the base rate will fall and what the forecast looks like for 2025.

WHAT A GREAT START TO AUGUST 2024! 😎

🏦 UK Bank Rate cuts for the first time since 2020.

This is positive news for anyone looking to buy a home or remortgage. Here's what it could mean for you:

🏡 If you're on a tracker mortgage, your monthly repayments will be reduced.

🏡 With lower rates, you might be able to borrow more, giving you access to a wider range of options.

👉 Now is the perfect time to review your mortgage options. Speak to one of our expert mortgage advisers today for personalised advice.

WHO GETS WHAT?
What happens if you die without a will? This is known as dying intestacy, and it can lead to a number of complications for your loved ones.
In the absence of a will, the law dictates who inherits your estate through a set of predetermined rules called the intestacy rules. These rules vary slightly depending on location, but generally follow a hierarchy! These rules may not reflect your actual wishes. For example:- Click our link below👇to find out more 📜
https://www.mortgageadvicebureau.com/wills/what-is-intestacy??branch=1519

BREAKING - MAJOR BOOST FOR MORTGAGE HOLDERS AT LAST!
The central bank announced a rate cut from 5.25% to 5.00% - a 0.25% decrease, a cut in interest rates by a quarter percentage to 5%❗️
Great news!

Can I get a mortgage despite my debts?
Understanding what mortgage lenders consider as debt will help you to eliminate or reduce the risk of being rejected for a loan. If you have existing debts, you may need to spend time focusing on paying these off before you continue to build on your deposit.
Check out the link below 👇to get yourself ahead of the game if you are looking to get a mortgage!
https://www.mortgageadvicebureau.com/getting-a-mortgage/can-i-get-a-mortgage-despite-my-debts/?branch=1519

Can I get a mortgage despite my debts? From student loans to bankruptcy, we look at the different types of debt and how they affect your chances of getting a mortgage.

News Desk - Inflation remains at 2% 📢

Despite and best efforts, inflation has held.

So, what could this mean for mortgage rates?
👉 This firmly opens the door for an August rate cut – the first since 2020.
👉 It’s important to remember that rates won’t fall off a cliff come August
👉 Now is the perfect time to ensure you're mortgage ready

Whether you're thinking about rates, deposits, or just need some advice, we're here to help!

You might be surprised to know that gambling could be taken into account when you submit your application. After all, you wouldn’t want to loan someone a large sum of money if it seemed unlikely they’d be able to pay it back.
The link below will help you make informed decisions if you are thinkiing of buying your first home! 👇

Does gambling affect a mortgage application? Understand how gambling could impact your chances of getting a mortgage

Just as you might shop around for the best broadband deals and the cheapest energy rates, the same applies to your mortgage. You can shop around to see if there is an opportunity to save money on your mortgage💰
Get the ball rolling by using our Remortgage Calculator👇

https://www.mortgageadvicebureau.com/mortgage-calculators/remortgage-calculator/?branch=1519

We've explored the top mistakes first time buyers (and even seasoned ones) should steer clear of to ensure a smooth and successful journey towards finding their dream home. 🏫
Check out our link below 👇

Top househunting mistakes to avoid Househunting can be an exciting adventure, but with such a significant investment on the line, it's crucial to avoid common pitfalls.

Looking to make an offer on your dream home? 💡

Here are some steps to help you navigate the process:

✔️ Mortgage in principle: Know your borrowing power with guidance from an adviser

🏘️ Understand the property's true value: Research similar properties in the area for a benchmark offer

💷 Be prepared to negotiate: Set a firm offer limit, but allow room for discussions

ARE YOU SELF-EMPLOYED AND WORRIED ABOUT GETTING SICK?
If you become ill while you’re self-employed, you’re solely responsible for handling the sudden lack of income.

Let’s explore how you can safeguard yourself against this possibility. 👇

Do I need income protection if I’m self-employed? Self-employed and worried about getting sick? Income protection could be the answer to your concerns. Here’s why.

Life doesn't stay the same as we get older!
LIFE INSURANCE gives you the comfort of knowing that your loved ones will be provided for in the event of your death. You can link a life insurance plan to a mortgage, which will pay out a lump sum. This can be used to cover the rest of the mortgage or alleviate any other financial pressure.
Click our link below and find out about all the protection you can get 👇

https://www.mortgageadvicebureau.com/protection/?branch=1519

If you have a mortgage or are thinking about buying a new home, the link below will tell you everything you need to know about the coming general election and how it might impact housing and mortgages. From Labour and Conservative policies to making the right choices for your mortgage.
Get in touch if you have any queries regarding the Mortgage Process Northern Ireland.

https://www.mortgageadvicebureau.com/mortgage-news/how-will-the-general-election-affect-housing/?branch=1519

MORTGAGE ADVICE BUREAU NEWS DESK!! - For the first time in three years, we've hit the target Inflation figure of 2%. 📢

So, what could this mean for mortgage rates?

👉 Some lenders have been increasing their rates and others decreasing them

👉 A base rate cut is still on the cards for late summer

👉 Now is the time to ensure you're mortgage ready, so you're prepared when the time comes

Whether you're thinking about rates, deposits, or just need some advice, we're here to help!

📢 Get in touch with us today for mortgage support.

https://www.mortgageadvicebureau.com/contact-us/?branch=1519

The base rate is currently sitting at 5.25%, and has been for some time. While increases aren't expected, we may see some drops over the rest of the year.

Here are some reasons why you might want to remortgage:

* You are looking to go on a better rate
* Your current fixed rate deal is up for renewal
* You want to move from an interest-only to a repayment mortgage
* You want to be able to make overpayments
* You want to borrow more money ........👇

Should I remortgage? Find out why you might want to remortgage - and those times when you probably shouldn't​.

BOOST YOUR EQUITY!💰
Your home isn’t simply just a place to live, it’s likely your largest asset! 🏡
By making carefully considered improvements over time, you could increase the equity your home holds. If you’re eager to start building equity, let’s first understand the basics. 💡
Check out our latest article to discover 10 ways you can boost your home equity!

https://www.mortgageadvicebureau.com/mortgage-advisers/newforge-lane-belfast/meet-the-team/?branch=1519

The NHS states that 1 in 2 people will develop some form of cancer in their lifetime, highlighting the need for financial protection should the worst happen. The reality is that we can’t always avoid the hard things in life, so it’s best to be prepared.
Having the appropriate life insurance is a great way to ensure this.

https://www.mortgageadvicebureau.com/protection/reasons-to-get-life-insurance/?branch=1519

The NHS states that 1 in 2 people will develop some form of cancer in their lifetime, highlighting the need for financial protection should the worst happen. The reality is that we can’t always avoid the hard things in life, so it’s best to be prepared.
Having the appropriate life insurance is a great way to ensure this.

https://www.mortgageadvicebureau.com/protection/reasons-to-get-life-insurance/?branch=1519

5 important reasons to get life insurance Life can be full of surprises, and while we can’t predict the future, we can definitely plan for it. Here are 5 key reasons why you need to get life insurance…

Have you thought about Co/Ownership?
The majority of our co-owners are first time buyers, but we can also help people who have owned a home before.
In a nutshell, we buy a place together. You buy the share that you can afford, between 50% and 90%, and we cover the rest.
Check out the link below👇and if this is something that you are interested in then let us help guide you through the process. 🏡

www.co-ownership.org/co-own/about-shared-ownership/

This is the time of year were a lot of us think about buying our first home or moving house!
If you're moving, you'll have to decide whether to port your current mortgage or remortgage completely. This guide outlines the process of porting a mortgage, remortgaging, selling your current home, and offers some helpful moving advice. 👇

A helpful guide to moving house Embarking on the adventure of moving house is an exciting challenge, and with proper organisation and by following our expert advice, it can become an effortless experience.

It’s a well known fact of life that we never truly know what’s around the corner. Unexpected health issues can strike any of us at any time, and being diagnosed with a critical illness can be devastating both emotionally and financially for you and your loved ones.
Critical Illness Cover provides peace of mind if the worst was to happen.
Click on the link below to see how we ! support you during these challenging times! 👇

https://www.mortgageadvicebureau.com/protection/what-is-critical-illness-cover-and-why-do-i-need-it/?branch=1519