News & Publications
For most people, arranging their mortgage can be stressful and time consuming. At Taylor Milburn, we aim to take all the stress away from our clients. We offer whole of market mortgage advice with fully qualified mortgage professionals on hand to recommend the most suitable mortgage to meet your individual needs.
Don’t cancel your protection
DON'T CANCEL YOUR PROTECTION With all the economic uncertainty, we understand that it might feel tempting to cut costs where you can by cancelling protection. But it’s more important than ever to have the appropriate cover now so you don’t pay a bigger price [...]
Are interest rates about to plummet?
ARE INTEREST RATES ABOUT TO PLUMMET? Having barely shifted since last autumn, many analysts expect that interest rates may start edging down. What will that mean for mortgage borrowers and anyone looking to remortgage? Time for a fall? Most analysts agree that interest rates [...]
UK mortgage holders foregoing vital cover
UK MORTGAGE HOLDERS FOREGOING VITAL COVER According to a recent report, over a third1 of homeowners do not have life insurance, thus potentially leaving their family in the lurch if they were to pass away. Renters are risking it even more, with only 29% [...]
Review your 2024 resolutions
REVIEW YOUR 2024 RESOLUTIONS Have you managed to stick to your new year resolutions? Undertaking a protection and mortgage review should be top of a financial to-do list for the coming year. But don’t worry if you haven’t tackled this task yet, just try [...]
Why life insurance is for everyone
WHY LIFE INSURANCE IS FOR EVERYONE Life insurance can be a crucial safety net for people at all life stages, but fewer than four in ten currently have a policy in place in the UK1. If you are one of the 63% without life [...]
Home insurance against accidents
HOME INSURANCE AGAINST ACCIDENTS Accidental damage and escape of water are the most common home insurance claims1. While we often think of threats like theft or fire, this research reveals that more home insurance claims result from clumsiness than malice. Of 76,518 claims made [...]
Stress impacts mortgage applicants
STRESS IMPACTS MORTGAGE APPLICANTS A new study1 has highlighted that almost two thirds (64%) of mortgage applicants in the UK have struggled with feelings of stress and anxiety over the last year. This figure increases to 80% amongst first time buyers who are clearly [...]
Spookily Good Money Saving Tips for this Halloween
SPOOKILY GOOD MONEY SAVING TIPS FOR THIS HALLOWEEN Halloween is just around the corner, and while it’s a spooktacular time for children, it can also be a frightful hit to your wallet. But fear not! With a bit of creativity and some clever planning, [...]
What happens if I can’t pay my mortgage?
WHAT HAPPENS IF I CAN'T PAY MY MORTGAGE? Throughout 2023, it’s estimated that 1.8 million fixed-rate mortgage deals will expire1. With mortgage rates at their highest in 15 years2, many of those who remortgage will see their repayments increase sharply. Understanding your options You [...]
Should I overpay my mortgage?
SHOULD I OVERPAY MY MORTGAGE? Whilst many people may be struggling to keep up payments on their mortgages in the wake of steep interest rate rises, there are a significant number of homeowners who may be wondering whether it is worthwhile paying more than [...]
Life cover and your mortgage – hand in hand
LIFE COVER AND YOUR MORTGAGE - HAND IN HAND One of the financial responsibilities of homeownership is to protect yourself and your family. Life insurance and your mortgage are inseparable companions. Life insurance provides a safety net. A payout can pay off the remaining [...]
Why you shouldn’t cancel your protection
WHY YOU SHOULDN'T CANCEL YOUR PROTECTION Research shows that a rising number of people are cancelling their protection insurance policies as the cost-of-living crisis continues to bite. According to research by Consumer Intelligence1, 8.2% of people have cancelled or reduced an insurance policy and [...]
What to consider before remortgaging
WHAT TO CONSIDER BEFORE REMORTGAGING With mortgage rates at their highest since the 2008 financial crisis1, those looking to remortgage have more to think about than usual. Many whose deals are coming up for renewal will have agreed their mortgage at a time when [...]
The importance of protection
THE IMPORTANCE OF PROTECTION Everybody knows that life has a funny way of turning out differently to how we expect it to. When faced with the unpredictable twists and turns of fate, it is comforting to have the support of the right protection policy [...]
Considering choosing a ‘mammoth mortgage’?
CONSIDERING CHOOSING A 'MAMMOTH' MORTGAGE? A standard mortgage used to run for 25 years but there is a growing trend for so-called ‘mammoth’ loans spread over up to 40 years as first-time buyers and movers opt for lower monthly payments. A dramatic increase According [...]
Payouts and policies rise in 2022
PAYOUTS AND POLICIES RISE IN 2022 Insurers supported people experiencing bereavement, illness, or injury to the tune of £6.85bn in 2022, according to latest figures from the Association of British Insurers (ABI). Upwards trend This total includes payouts from group and individual protection policies. [...]
Protect your biggest investment with Income Protection
PROTECT YOUR BIGGEST INVESTMENT WITH INCOME PROTECTION Buying a property is the biggest purchase most people will ever make and mortgage repayments tend to be most homeowners’ largest monthly expense. Despite this, many don't back up their investment with the right level of protection. [...]
‘Squeezed middle’ falling short on cover
'SQUEEZED MIDDLE' FALLING SHORT ON COVER Fewer than half of households have enough life cover to protect their family, according to new research1 that reveals a worrying gap for the “squeezed middle.” While 44% of households have enough life cover to protect their family, [...]
FTBs join forces for a mortgage
FTB'S JOIN FORCES FOR A MORTGAGE The stereotypical picture of applicants for a joint mortgage is a married couple or civil partnership bringing together their finances and committing their future to one another. Increasingly, however, a new type of buyer is resorting to joint [...]
First-time buyers: Five mortgages to help you onto the property ladder – What Mortgage
FIRST-TIME BUYERS: FIVE MORTGAGES TO HELP YOU ONTO THE PROPERTY LADDED - WHAT MORTGAGE Options for first-time buyers, especially those of you with a small deposit, may seem thin on the ground. But, in fact, there’s an innovative array of mortgages which can help [...]
You may have an early repayment charge with your current lender and should check before re-mortgaging. We would always advise you to think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.