BSL Financial Services

📊 Debt Challenges on the Rise! 📈

In November 2023, Citizens Advice Bureaux reported a staggering 46,742 debt issues in the UK, marking it as the second-largest advice category. 😰 The main culprits? Fuel debts, council tax arrears, and credit card debt.

📈 Debt-related calls increased by 16.0% from the previous year, showing the growing financial pressure on individuals. Overall, debt issues accounted for 20.4% of all concerns in the past year, with an average of 1,083 daily debt issues in England and Wales. 📆

Maximize Your Investment Potential with Expert Mortgage Brokers. 🏡💼

Today, we want to share some valuable insights on tax credits for mortgages and uncover ways to maximize your savings. These tips can help you to make the most of available tax credits, ensuring a financially advantageous homeownership journey.

, let's get serious about building wealth. Whether you're a beginner or a pro, join us for and gain firsthand insights from experienced professionals in investment advice and strategies.

This is a chance to learn valuable information and make better decisions when it comes to investing in real estate.

Don't miss out on this! Register FREE today for and start building your future!

Find the registration link via our bio.

We're delighted to be speaking at the FSExperience London 2023. Come and join us at the Expo to get expert insights on the current mortgage market, get views from brokers and key industry experts and also 1a

Prepare yourself for some potential changes in the economy and financial markets. The Bank of England has raised interest rates to 4.25%, which could have various impacts on borrowing costs, currency, inflation, stocks, and savings rates.

What we do know is standard variable mortgages and tracker product mortgages will see increases in rates and monthly payments whereas fixed rate mortgages will stay the same.

Follow us, stay informed and keep an eye on the latest developments! 💰📈 

Looking for experts in mortgages and bridging finance? Look no further than bsl financial services! Our team of specialists is dedicated to finding the best financial solutions to suit your needs. Whether you're looking to buy your first home or expand your property portfolio, we've got you covered. Contact us today to learn more about how we can help you achieve your financial goals!

, let's get serious about building wealth. Whether you're a beginner or a pro, join us for and gain firsthand insights from experienced professionals in property investment advice and strategies.

This is your chance to learn valuable information from experts and make better decisions when it comes to investing in real estate.

Don't miss out on this! Register FREE today for and start building your future!

Find the registration link via our bio.

Thanks for all your support and your valuable interaction in 2022.
We hope for a lot many fruitful interactions in 2023 🤗

Happy new year to all of you 🥳🥳

Help or Hell? We’ve all heard the good and bad surrounding Help to Buy. So here’s are thoughts, what are yours?

💸 JUNE SAVINGS CHALLENGE 💸

We are officially coming to an end of the first half of 2022, have you stuck to those savings goals you made at the beginning of the year? It’s easy, £1 for whatever number the date is! Think you can give this a try? Comment the @ of a friend to help keep you accountable. 💰

Mortgages on Bad Credit📉🏡

Did you know that even if you’ve got bad credit, there are still ways for you to get a mortgage that works for you? Well now you do! Bad credit? No problem.

Swipe to see the ways in which you can still get firmly on the property ladder 🪜👉

Ever wondered what Stamp Duty could mean for the property you plan on purchasing? The % depends on the price!

Stepping onto the property ladder can be overwhelming, but we’re hear to break it down for you as always. Swipe for more 👉

Knowing what you’re looking for is the best way to get on to the property ladder, and that means understand what your money can get you. 💸

We broke down a few property types and their price increase in the last year in London to help! 📍

Not sure where to buy? It can be hard to know where the market is but that’s what we’re here for.

London is the hub for some of the UK’s most up and coming neighbourhoods so here are the top 4 with the highest demand in the last 12 months 🏡📈

💰 BUDGET 101: 50/30/20 💰

The 50/30/20 rule is an easy budgeting method where you divide your monthly after-tax income into three spending categories: 50% for needs, 30% for wants and 20% for savings or paying off debt.

Follow us for more saving tips!

Ever wondered the exact costs and fees in buying your first property? We’ve listed all the things you need to cover, so you don’t have to!

🏦 SAVING VS. INVESTING 📈

We all have questions, and choosing between saving and investing can be HARD! Where should you put your money?

Here are some things to think about👉

Let’s talk 💸 Mortgage Affordability 💸

There are many ways to calculate mortgage affordability with free calculators online but it’s important to know the things that can affect this!

Mortgage affordability is usually a multiple of your annual salary. So all the things that affect it, are usually tied to your salary and what you do with it 💰

Let's talk: COMMERCIAL MORTGAGES

Commercial properties are any properties that are not your residence, (think buy-to-let) and purchasing them doesn't need to be hard. If you are expanding your business or wanting to set up shop, you can take out a commercial mortgage to save 💰instead of renting that same space.

Now you've got the idea, here are some of the benefits👆

Believe it or not, there are still some affordable areas of London to get on that property market 🏙🏡

These locations are all UNDER £400K and don’t push you out to Zone 8….

Take a look at some of these locations 👉

💰📄 STAMP DUTY 📄💰

We’ve all heard of it but tell me if you truly know what it means? We’re breaking it down for you today.

🏠🏢 Buying property over a certain amount? You’ll have to pay tax. They call it Stamp Duty.

🔺🧾£300,000 or more? You’ll have to pay it.

🔑🥇 1st time buyer? You could get money off!

Swipe for the breakdown 👉🏼

As your resident Mortgage Brokers, we not only tell you how to secure a mortgage but also what it is you need to be securing!

These statistics from Statista shows you the average deposit all over the UK.

📈 LONDON - at the top with an average deposit of £130,357 🏙

📉 NORTHERN IRELAND - at the lowest with an average deposit of £29,523 ☘️

LET’S TALK: Negative Equity 📉

It can be a tricky financial situation... You could owe money to the bank on an outstanding loan, EVEN if you sold your property.



You might be thinking, “HEY, just remortgage it” but the lender would be unlikely to approve a new one, as your house doesn’t offer enough security, so you’re stuck on the lender's standard variable rate when your deal expires.

📝 OUR TIP

Stay in your property and continue meeting those mortgage payments every month! You got this, negative equity doesn’t have to affect your everyday finances. Get ahead.

According to Anne Rothschild, the unchecked purchase of homes by overseas investors has helped to drive prices to ridiculous levels.

Read more: https://bit.ly/3tHCzR7

BSL Financial Services Limited is authorised and regulated by the Financial Conduct Authority under FRN 816566

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT