When looking to get a mortgage – whether your first, your second, or more – there’s always a level of anxiety around whether or not your applications will be accepted. The process of applying for mortgages can be overwhelming and waiting for answers can be even more so. Did you know that, according to the […]
On the 3rd of March, Chancellor of the Exchequer Rishi Sunak announced the 2021 UK budget, releasing news on all aspects of the country’s finances and looking forward after the challenges of the coronavirus pandemic. Within the budget announcement was news for those looking to buy or sell property in the next few months. There […]
Our homes are usually one of the two largest assets we acquire throughout our lives – in most cases your pension will be the second. A mortgage will often be the biggest financial debt we take on as individuals and it is important that, should death or serious ill-health occur, you and your family are […]
Equity release refers to a range of products letting you access the equity (cash) tied up in your home if you are over the age of 55. You can take the money you release as a lump sum or, in several smaller amounts or as a combination of both. Equity release options There are two […]
Under new rules being phased in by April 2020, landlords will progressively lose valuable tax relief on their buy-to-let mortgage costs. The following article fully explains what the changes mean for you: https://www.which.co.uk/money/tax/income-tax/tax-on-property-and-rental-income/buy-to-let-mortgage-tax-relief-changes-explained-atnsv0j6j782 Article originally published by Which?. Greenfields Financial Management is not responsible for its content or accuracy and may […]
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