Joe Walters DIP PFS - Mortgage & Protection Adviser

Nice review start to the New Year!

Should you need to contact us during the festive period, then please either email [email protected] alternatively contact numbers are available on our website www.oysterfinancialsolutions.co.uk

With the bank of England base rate holding at 5.25%, we're now seeing rates drop below 5%! Hopefully more positive movements on the way!

Always nice to receive 5* feedback - well done Joe

Here is a current a list of our services, details can also be found on our website www.oysterfinancialsolutions.co.uk

It's that time of year of again...

Christmas is less than a week away and I will be off from 12.00 on Thursday 22nd December, until Tuesday 3rd January.

I want to wish you all a happy Christmas and a happy New Year!

Some great feedback on Joe's service. Well done, Joe!

Another happy client in their new home 🏡

If you’re looking to move home or get on the property ladder, drop me a message and I’ll be happy to help!

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Some amazing feedback from one of our first time buyers and the service provided by Joe.

We don’t just help with your first mortgage, we make sure to review this throughout the term where necessary to make sure you’re on the right deal!

Get in touch if you need any help with new or existing mortgages.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Joe Walters DIP PFS - Mortgage & Protection Adviser is now on WhatsApp.

Make sure you take advantage of your ISA allowance ⏳

The 2021-22 Tax Year ends next month, there is still time to invest in a tax efficient wrapper and take advantage of this year's ISA allowance. Any unused ISA allowance within this tax year will be lost once the new tax year starts.

42 completed mortgages ✅
£10+ million in mortgage borrowing ✅
Plenty of applications in the pipeline ⏳

A very productive 2021, despite the challenges throughout the year!

If you’re thinking of moving this year, or reassessing your finances, get in touch!

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Key points from the budget update 👇

Budget 2021 key points: What was announced in Chancellor Rishi Sunak's speech? Everything you need to know as the chancellor delivered a budget dominated by the battle to recover from the COVID-19 crisis.

The housing market will stay open in this lockdown. If you have any questions please get in touch!

Housing market to stay open in latest lockdown - Zoopla People can continue to view properties and move home despite the latest lockdown measures.

Following the Government's announcement last night that we are now in Lockdown 3, we confirm we are open for business but will be working remotely for the foreseeable future, so our office will be closed. There will be someone going into the office throughout the week to check post etc. Should you require to see someone, please call or email so that arrangements can be made in a Covid safe environment. Stay safe!

Here are the restrictions of Lockdown 2. We continue to be open for business albeit with limited staff in our office for all your financial needs.

If you need a mortgage payment holiday, please speak directly with your lender.

Stay safe!

Mortgage Payment Holidays ending soon:

In March this year, it was agreed with the Government that banks, building societies and other mortgage lenders should offer all existing mortgage customers the option of a three month mortgage payment holiday.

This was subsequently extended to six months. If your finances have been affected by Coronavirus and you would like to request a mortgage holiday from your lender, you have until the 31 of October 2020 to apply. If you’ve already had a payment holiday of three months, you can request to extend this for a further three months.

Mortgage lenders may continue to offer mortgage payment holidays to some financially vulnerable customers after the Government scheme ends, so if you feel you may need short term support, you should talk to your bank or building society.

You’ll need to deal directly with your lender if you wish to apply for a mortgage payment holiday or extend an existing one. But, there may be other options.

So please speak to us first if you can, particularly if you are considering a mortgage holiday and are nearing the end
of your mortgage term.

If you have any questions or want to discuss your situation further, please don’t hesitate to get in touch, we will be more than happy to help.

Worth a read if you’re Self-employed

Enter your Self Assessment Unique Taxpayer Reference - Self-Employment Income Support Scheme - GOV.UK

Nearly a fifth of self-employed workers have no savings at all. So why not look into getting some income protection?

COVID-19 has highlighted that you never know what is round the corner!

Everyone needs their income protected!

https://www.mortgageintroducer.com/nearly-a-fifth-of-self-employed-workers-have-no-savings-at-all/

Nearly a fifth of self-employed workers have no savings at all | Mortgage Introducer A further 14% of these workers have less than £2,000 in savings, highlighting an alarming lack of any financial buffer and making them vulnerable to financial shocks.

Moving home allowed as curbs lift on estate agents Relief for hundreds of thousands as the government sets out plans to restart England's housing market.

Coronavirus guidance and support

On the subject of mortgage payment holidays during this unprecedented and uncertain times, we have pulled together the guidance and contact details from some of our top lenders to share with you should you have need to contact them:

Accord Mortgages:
You need to agree with us any underpayments or payment holiday you want to
take. Any agreed reduction or break in your payments will increase the amount of
interest we charge you. You should be aware that interest continues to be
charged on your mortgage during payment holidays. If you need further assistance for your mortgage, call 0345 1200 872.

Barclays:
If you're concerned that you won’t be able to make your mortgage payments,
contact us right now to find out about the various ways we can help you.
We’ve helped thousands of people who have money worries and we’re on hand
to help you. Call us on 0800 022 4022 - Lines are open Monday to Friday 8:30am to
5.30pm and Saturday 9am to 1pm.

Coventry Building Society:
Before we make a decision about whether to allow a payment holiday, we’ll need
to consider your circumstances and the reason for the request. If your payment
holiday is approved, interest will continue to be charged to the account during the
payment holiday period, which means your balance will increase. We’ll
recalculate your payments once the payment holiday has finished. Call us now on 0800 121 8899

Halifax:
As the impact of Coronavirus is felt across the UK, you may be worried about
how it could affect you and your home. Your peace of mind is still our top priority,
so we’ve created some extra ways to help, if you need it. If the Coronavirus has affected your income, you may wish to take a mortgage payment holiday. You can ask to take a break of up to a maximum of three months.

How do I apply for a payment holiday?

You can apply for a payment holiday by submitting our online request. We will
then respond back within 2-3 working days via text message to confirm if your
payment holiday request has been accepted.

Request a payment holiday

Remember that if you take a payment holiday the amount you owe will go up.
If you don’t qualify for a payment holiday but are worried about making your mortgage payments then please call us on 0345 850 3705. We're open Monday-Friday: 8am-8pm Sat: 9am-4pm.

HSBC:
We know many of you are worried about how your finances might be affected by
coronavirus (COVID-19). To help you through these uncertain times, we're working hard to make sure you have the advice and support you need. If you’d like to discuss your financial situation, please contact us on 03457 404 404

Nationwide:
We understand that Coronavirus (COVID-19) is creating challenging times and
you may be worried about money. If you think you'll struggle to make your monthly mortgage payments because of Coronavirus, we can help by offering our members a 3-month payment holiday. A mortgage payment holiday is a break from paying your mortgage. It won’t affect your credit rating, so there’s one less thing to worry about.
Mortgage general enquiries 03457 30 20 11

NatWest:
Natwest will allow borrowers suffering a sudden loss of income due to the
coronavirus to defer mortgage repayments. The RBS/Natwest group says it will
allow borrowers to postpone payments for up to three months.
Visit the Natwest website and click on the ‘Help’ link on the right-hand side of
the page. Call us on 0800 096 9527

Platform:
Please contact us on 01752 236555 for details of your account. Please note, we
can discuss what options are available to you based on your personal
circumstances, but cannot advise which is best.

Santander:
Santander has a team of experts on hand to find ways in which we can support
customers who have been impacted by the coronavirus (Covid-19). Anyone who
has been affected can talk to us on 0800 9 123 123. We look at each customer’s situation and will explore ways to support them depending on their specific circumstances. Support for customers includes the option to defer or reduce repayments that are due.

TSB:
If you've been affected due to coronavirus and you're worried about how this may
impact you financially, depending on your circumstances, we could support you.
Customers with a TSB mortgage may apply for a repayment holiday for up to
three months. Please contact us to arrange this. This shouldn't impact your credit
score. Repayment holidays are subject to approval. If you take a repayment holiday,
you will pay more interest overall. Get in touch with us for help and support:
Call 0345 835 3380 (UK) +44 (0) 1452 890 225 (abroad) Monday to Friday 8.30am-7pm, 8.30am to 1pm Saturdays

Virgin Money:
We appreciate you might be worried about the impact of coronavirus on you or
your business and wanted to reassure you that we're here to help. We encourage any of our customers who are experiencing financial difficulties to get in touch with us as early as possible. We would be happy to discuss your situation and how we can help. We can consider a range of options to help our customers including payment holidays and term extensions. Call us on 0345 602 8301 8am - 8pm Monday to Friday 9am - 1pm on Saturday

Anyone in desperate need of pay day? 💰

Look to save money on your monthly mortgage payments!

I hope you all had a lovely festive period and a good New Year!

We are now back, so get in touch to see how we can help with your mortgage and insurance needs!

To let everyone know, we at Oyster are shutting at 12pm Friday for the Christmas break, and won’t be open until the 6th January.

We hope everyone has a great Christmas and New Year, and hope to speak to some of you in the New Year with how I can help you!

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