Mortgage Required Southampton

Watch out for Black Friday scams

It's Black Friday weekend when shoppers eagerly anticipate the best deals, primarily online. But it's also prime time for fraudsters. Between November 2022 and January 2023, a total of £10.6m was lost to online shopping scams.

If you come across deals that seem too good to be true, think twice before making a purchase. Learn how to dodge scam deals and stay safe while shopping online.

https://www.which.co.uk/news/article/how-to-avoid-falling-for-a-black-friday-scam-asew83l5sdLg?utm_medium=email&utm_source=engagingnetworks&utm_campaign=Supporters&utm_content=Scam+alert+231123+-+B+-+Rise+in+vehicle-buying+scams


Vehicle-buying scams are on the rise

Vehicle-buying scams shot up by 74% in the first half of this year, with most of them starting on Facebook. While we know these scams can be difficult to spot, find out how these scams work and which vehicles fraudsters target most.

https://www.which.co.uk/news/article/scam-alert-vehicle-buying-scams-on-the-rise-akFam6i0HP0X?utm_medium=email&utm_source=engagingnetworks&utm_campaign=Supporters&utm_content=Scam+alert+231123+-+B+-+Rise+in+vehicle-buying+scams


The latest scams

From fake Evri delivery emails to fraudulent pages advertising a Lapland holiday competition, our scam tracker highlights the latest scams you need to know about this month.

Our goal is to help you stay ahead of fraudsters and outsmart them. Discover what the latest scams are.

https://www.which.co.uk/news/article/the-latest-scam-alerts-from-which-aBRLy2b02WkC?utm_medium=email&utm_source=engagingnetworks&utm_campaign=Supporters&utm_content=Scam+alert+231123+-+B+-+Rise+in+vehicle-buying+scams

Scam sharer tool
There’s now a much easier way to make us aware of scams directly with our scam sharer tool. Tell us your experiences of phishing emails, fake texts, cold calls and other types of fraud.


https://www.which.co.uk/tool/scam-sharer

Stay safe,

Which? Scam Alert Team

P.S.Please share this information with your friends, family and neighbours – anyone who may find it helpful. Alternatively, they can sign up here to receive this directly to their inbox.

You're receiving this email because you signed up to the Which? Scam Alerts.

www.which.co.uk

https://equityreleasesouthampton.co.uk/

SCAM ALERT

TSB account verification email
An email impersonating TSB informs you that your bank account is due for a 'routine account verification'. The message includes a dodgy link which leads to a phishing site.

Selling your house can be a stressful time, there are several key tips you can do to help maximise your chances of selling successfully.

Improve curb appeal
Invest some time and effort in enhancing the exterior of your home – ensure the lawn is mowed, garden maintained and the front of the house is clean and tidy.

Make necessary repairs
Address and fix any obvious maintenance issues before listing your home. Repair any broken windows, cracked tiles, or leaky taps! A well-looked-after home will give the buyer confidence.

Stage your home
Be sure to showcase your home’s best features. For example, arrange furniture in a way that maximises space and lets plenty of light in. You could even hire a professional home stager.

Declutter and depersonalise
Remove excess clutter and personal items – buyers want to be able to envision them living in the house. Keep the décor neutral, organised, clean, and welcoming.

Price it right
Overpricing can put buyers off, while underpricing may result in lost revenue. It’s important to set a realistic and competitive price for your home based on its condition, location, and market trends. Consult an estate agent for guidance.

Market effectively
Make sure you use different channels to market your home. Include online listings, professional photography, virtual tours, and social media platforms as this will gain a larger reach and wider audience. Ask your Estate Agent about their marketing approach.

Highlight unique selling points
Identify and emphasise the unique features and benefits of your home. Showcase any recent renovations, energy-efficient upgrades or desirable amenities.

Be flexible with showings
Try to accommodate potential buyers’ schedules by being flexible with times – the more accessible your home is for viewings, the higher the chances of attracting serious buyers.

Respond promptly
Answer enquiries quickly, or any communication related to the sale – this shows commitment and professionalism.

Negotiate wisely
Be prepared for offers or counteroffers. Work closely with your Estate Agent to evaluate each offer and consider various factor beyond the sale price.

Selling a house can take time, so be patient and remain proactive and responsive throughout the whole process.

Something we frequently get asked is, how is a completion date chosen?

The completion date can be at any time and date agreed between all parties but given the need to arrange the transfer of utilities and to organise a moving company, etc, it’s normal for completion to be at least a week after the date that the contract is exchanged.

Once a sale has been agreed, conveyancing solicitors or licensed conveyancers will be instructed by the buyer and seller. It is usual for the seller’s solicitor at this point to:

Raise a contract for sale of the property
Provide answers to what are called ‘pre contract enquiries’
Offer proof of title (ownership)
Set out a schedule for what is included in the sale
Suggest a date when the sale will take place.
The buyer’s solicitor will act on the buyer’s behalf to:

Make sure the title to the property is not faulty
Check that the terms of the sale are reasonable and lawful
Arrange for all monies to be made available both from the buyer (the deposit) and the buyer’s selected mortgage lender
Once the buyer’s solicitor is happy that all the legal issues have been resolved, the mortgage offer has been received along with the other monies required to pay the deposit, legal fees, and stamp duty, etc, then a date can be agreed to complete the sale. Once agreed, the buyer pays over their deposit and contracts can be “exchanged,” this is the legal point of no return. Completion is the date the seller will move out, the buyer will pay over all remaining monies for the purchase and collect the keys from the seller. This is legal completion

The completion date can be at any time and date agreed between all parties but given the need to arrange the transfer of utilities and to organise a moving company, etc, it’s normal for completion to be at least a week after the date that the contract is exchanged. Sometimes, solicitors agree to exchange contracts and complete on the same day. There is nothing wrong with this practice, but if the sale falls through at the last minute, before contracts have been exchanged, you could end up with removal lorries parked outside a home you do not own and with a great deal of expense incurred which you have no legal right to recover!

The benefit of exchanging contracts a couple of weeks before the completion date is that, if either party does not then stick to their obligations under the terms of the contract, they can be either sued by the other party and ask the courts to make the property sale proceed in accordance with the contract terms, or alternatively, sue for damages.

Usually, the seller would retain the buyer’s deposit and instruct his agent to remarket the property.

At Mortgage required we don’t believe that submitting your mortgage application is the end of our job. If you have worked with us before you will know that you will be assigned a case handler to ensure your application goes through smoothly.
What you may not know is that every Friday we check the latest rates from every lender. If we find a better rate, we will switch you. A service that is not provided by your lender. There is no additional charge for this - it’s all part of the service!

[email protected] / 07746 214617

To find out more contact Andrea on 07746 214617

Lenders will apply a 'stress test' to try to ensure that you will comfortably be able to afford your mortgage throughout the term.

To find out more about why it was introduced and who it protects, click here:
https://mortgagerequired.com/.../what-is-a-mortgage...

A good place to start is speaking with a Mortgage Advisor who will be able to arrange a 'Decision in Principle' to see if you fit the lender's stress test.

Contact us today on 07746 214617 or [email protected]

Skipton Building Society have launched 100% mortgage for first-time buyers who are renting in a bid to help them get on the property ladder.

This offer is open to all first-time buyers who pass the lender's criteria and allows them to borrow up to 100% of the value of the property. This is a five-year fixed deal with a 5.49% rate and a maximum of 35 years.

For more information, give Andrea a call on 07746 214617

Scamwatch: how scammers sneak into your text messages - Which? News Our expert helps a reader targeted by a bank impersonation scam

https://equityreleasesouthampton.co.uk/

Equity Release Southampton - Mortgage Required If you need help or advice for Equity Release in Southampton or surrounding areas, Later Life Lending From Mortgage Required can help.

What is a whole of market mortgage advisor?
Simply put, whole of market mortgage advisers have access to a vast panel of lenders and they aren’t ‘tied’ to one specific lender.

To find out more about the benefits of using a whole of market advisor visit: https://mortgagerequired.com/.../why-its-important-to-use... or call us on 02380

Check out this week's of the week!
[email protected] 02380 860198

In celebration of King Charles III 2023 Coronation, we will be giving away a Fortnum and Mason Hamper through our ! 👑

Enter for your chance to win by:
1) Following our pages Mortgage Required or our sister company, The Insurance Room
2) Like this post
3) Tag a friend
One tag is one entry, so tag away! The closing date for entry will be Sunday 7th May 2023 at 6pm GMT with the winner being announced on Tuesday 9th May 2023.

Rules:
This competition is for people residing in the UK. This prize is not transferrable. This is eligible for all entrants on Instagram and Facebook. This promotion is not sponsored, administered, or associated with Instagram or Facebook. By entering, you confirm that you are 13+ years old, release Instagram and Facebook of responsibility, and agree to their terms of use. To read the full T&Cs visit: https://mortgagerequired.com/mortgage-required-competition-rules

We are pleased to have saved our clients an excellent £42,847 over the past fortnight by doing our weekly rate checks!

Every week we check our clients mortgage rates between signing up and completion and if a better rate becomes available with the recommended lender we switch you ensuring that you don't lose out if rates drop.

Get in touch by any of the following and see how much we can save you:
☎ 07746 214617
📧 [email protected]

Here are the latest deals of the week!
For further information, please call us on 07746 214617 or email us at [email protected]

Are you confused or concerned about what to do with your mortgage? Should you fix, should you wait, are rates likely to go up? Come down?
For free independent advice, please call Andrea on 07746 214617
Your home may be repossessed if you do not keep up repayments on your mortgage.

All the recent changes to the mortgage market may have left you confused, worried and unsure of where to turn.

Our team is here to offer their expert knowledge and guidance, doing what we can to offer clarity on the situation and find the mortgage products that will be best for you.

07746 214617

UNMORTGAGBLE - PROPERTIES WITH SPRAY FOAM https://www.mortgagesolutions.co.uk/news/2022/06/22/government-will-not-intervene-with-unmortgageable-green-grant-spray-foam-homes/

Government will ‘not intervene’ with unmortgageable Green Grant spray foam homes - Mortgage Solutions The government has no plans to find a solution for people whose property values have declined or those who are unable to get a mortgage due to spray foam insulation paid for by the state.

FRAUD PREVENTION
Set up a proeprty alert with Land registry to help prevent being the victim of property Fraud https://propertyalert.landregistry.gov.uk/

Buying your first home is very exciting and such an achievement, and at Mortgage Required, we want to play a part by helping you find the mortgage that is right for you.

We have skilled mortgage advisors who are here to guide you through the steps that need to be taken to get your mortgage, doing what they can to make the process as understandable as possible.
With the growing number of schemes available to help people buy their homes, you may feel overwhelmed or confused, so feel free to reach out to us and ask for help!

Give us a call on 02380 860198 if you want to have a chat with one of our team.

https://mortgagerequired.com/about.../first-time-buyers

Are you considering Equity Release? Well, here at Mortgage Required we would be more than happy to help you with this.

We can help you through the process and make it as easy for you as possible. To qualify for equity release, all you need is to be over 55 and to have a house that is worth over £75,000.

Our team will provide top quality service and do their best to answer your questions efficiently and concisely.

If you would like to speak with our mortgage advisors please call 02380 860198

https://mortgagerequired.com/about.../later-life-lending

Demographic trends driving retirees towards equity release Demographic changes mean that more people will turn to their property to help them support their retirement aspirations according to Canada Life

Changing patterns in equity release usage | BestAdvice Customers are continuing to use equity release to clear existing mortgages while many have also used the additional funds to purchase new property, according to latest analysis from the Canada Life ‘Reasons for loan’ data.