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.
New credit scoring to help first-time buyers get a mortgage – Zoopla
NEW CREDIT SCORING TO HELP FIRST-TIME BUYERS GET A MORTGAGE - ZOOPLA Leeds Building Society has teamed up with Experian to incorporate regular direct debit payments into credit scores for first-time buyers. Key takeaways Leeds Build Society will enable first-time buyers to use a [...]
What is a 100% mortgage and can I get one? – Times Money Mentor
WHAT IS A 100% MORTGAGE AND CAN I GET ONE? - TIMES MONEY MENTOR If you’re a first-time buyer in the UK you may want to know if you can get a 100% mortgage. We explain who is eligible and how they work after [...]
UK mortgages: time to switch and fix to save up to £400 a month – The Guardian
UK MORTGAGES: TIME TO SWITCH AND FIX TO SAVE UP TO £400 A MONTH - THE GUARDIAN Average SVR at highest level for more than 15 years as number of home loan products available jump The average standard variable rate (SVR) for mortgages has [...]
Five things to do now if your fixed-rate mortgage is ending soon – Times Money Mentor
FIVE THINGS TO DO NOW IF YOUR FIXED-RATE MORTGAGE IS ENDING SOON - TIMES MONEY MENTOR More than one million UK households will see mortgage deals end this year, meaning a possible jump in their monthly repayments. Here’s what to do if your fixed-rate [...]
Will my mortgage repayments go up with rising interest rates? – Times Money Mentor
WILL MY MORTGAGE REPAYMENTS GO UP WITH RISING INTEREST RATES? - TIMES MONEY MENTOR Will my mortgage repayments go up in price following the latest UK interest rate rise? If so, how much by and when will I notice a difference? Is it too [...]
Borrowers breathe a sigh of relief as fixed mortgage rates fall and choice hits 15-month high – Your Mortgage
BORROWERS BREATHE SIGH OF RELIEF AS FIXED MORTGAGE RATES FALL AND CHOICE HITS 15-MONTH HIGH - YOUR MORTGAGE Average mortgage rates fell in May as product choice reached a 15-month high, indicating a return to a steady market, data from a financial information company [...]
What to do if you need to remortgage – Which?
WHAT TO DO IF YOU NEED TO REMORTGAGE - WHICH? Homeowners face heftier mortgage costs as rates remain high. High mortgage rates are proving a shock to hundreds of thousands of homeowners looking to remortgage in 2023. In the first three months of this [...]
Base rate increase: what does it mean for your mortgage and savings? – Which?
BASE RATE INCREASE: WHAT DOES IT MEAN FOR YOUR MORTGAGE AND SAVINGS? - WHICH? The Bank of England has increased the base rate for the 12th time in a row, taking the figure to 4.5%. Members of the Bank's Monetary Policy Committee (MPC) voted [...]
What are the current UK mortgage rates? – Rightmove
WHAT ARE THE CURRENT UK MORTGAGE RATES? - RIGHTMOVE If you’re thinking about buying a home, you might be wondering what the current mortgage rates are in the UK. Lenders change the rates of their mortgage products regularly. That’s why we update the average [...]
UK mortgage lender to offer first 100% loans since 2008 crisis -The Guardian
UK MORTGAGE LENDER TO OFFER FIRST 100% LOANS SINCE 2008 CRISIS - THE GUARDIAN Skipton building society aims product at renters who cannot save enough for a deposit. A leading lender plans to launch a 100% mortgage aimed at would-be first-time buyers who cannot [...]
Will interest rates rise, and what could this mean for mortgages? – Rightmove
WILL INTEREST RATES RISE, AND WHAT COULD THIS MEAN FOR MORTGAGES? - RIGHTMOVE If you’re thinking of buying a home, or you’re coming to the end of your current mortgage deal, you might be wondering what’s going to happen to mortgage rates over the coming [...]
What are the main advantages of making mortgage overpayments? – Zoopla
WHAT ARE THE MAIN ADVANTAGES OF MAKING MORTGAGE OVERPAYMENTS? - ZOOPLA To combat rising mortgage rates, homeowners have begun making record numbers of overpayments in a bid to reduce how much they owe. Key takeaways Homeowners have overpaid their mortgages by a record £6.7 [...]
Mortgage product availability rockets – Your Mortgage
MORTGAGE PRODUCT AVAILABILITY ROCKETS - YOUR MORTGAGE There's more choice for borrowers but rates have crept up in the last month. Residential mortgage availability has soared, said Moneyfacts, breaking through the 5,000 product barrier for the first time since May 2022. The financial information [...]
40-year mortgages on the rise: what are the risks? – Which?
40-YEAR MORTGAGES ON THE RISE: WHAT ARE THE RISKS? Choosing a longer mortgage term could cost thousands more. The number of borrowers taking out mortgages lasting 35 years or longer has rocketed in the past 12 months, with uptake more than doubling, according to [...]
7 ways to boost your chances of mortgage approval – from a money expert – Ideal Home
7 WAYS TO BOOST YOUR CHANCES OF MORTGAGE APPROVAL - FROM A MONEY EXPERT - IDEAL HOME Don’t miss out on buying your dream home, read our guide for tips on ensuring a yes from your mortgage lender. Homebuyer demand may have fallen compared [...]
7 steps to getting a mortgage – Rightmove
7 STEPS TO GETTING A MORTGAGE - RIGHTMOVE If you’re looking to buy your first home, chances are finding out how to get a mortgage is pretty high on your to-do list. As a mortgage is a big financial commitment, it’s important to carefully [...]
Inflation stubbornly high but mortgage rates edge lower – Zoopla
INFLATION STUBBORNLY HIGH BUT MORTGAGE RATES EDGE LOWER - ZOOPLA Mortgage deals now available at sub 4% rates - and inflation still expected to fall quickly in the second half of this year. Key takeaways Inflation remains stubbornly high suggesting the Bank of England [...]
Buying a home? Here’s how to protect your mortgage – What Mortgage?
BUYING A HOME? HERE'S HOW TO PROTECT YOUR MORTGAGE - WHAT MORTGAGE? Preparing your finances for buying a home starts with getting to grips with your budget – but there’s another important step to factor in which may not be so obvious. Darren Polson [...]
What to do if you need to remortgage – Which?
WHAT TO DO IF YOU NEED TO REMORTGAGE - WHICH? Homeowners face heftier mortgage costs as rates remain high. High mortgage rates are proving a shock to hundreds of thousands of homeowners looking to remortgage in 2023. In the first three months of this [...]
Leeds Building Society launches 5% deposit mortgage with cashback deal – Your Money
LEEDS BUILDING SOCIETY LAUNCHES 5% DEPOSIT MORTGAGE WITH CASHBACK DEAL - YOUR MONEY Leeds Building Society has broadened its range by releasing three two-year fixed rate deals, with some available up to 95% loan to value (LTV). The deals are available from 14 April. [...]
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.