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.
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. [...]
What are the current UK mortgage rates? – Rightmove
WHAT ARE THE CURRENT 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 mortgage [...]
Mortgage support: rule change means thousands more now qualify for help – Which?
MORTGAGE SUPPORT: RULE CHANGE MEANS THOUSANDS MORE NOW QUALIFY FOR HELP - WHICH? Government extends mortgage support for an extra 200,000 benefit claimants. Increased mortgage support has been introduced for 200,000 extra benefit claimants following what's been called a 'common sense' move by the [...]
A wider selection of sub-4% mortgages hitting the market – Your Money
A WIDER SELECTION OF SUB-4% MORTGAGES HITTING THE MARKET - YOUR MONEY Confidence in the market has resulted in lenders reducing more mortgage rates and introducing a wider selection of sub-four per cent deals. According to Rightmove, lenders’ confidence in the economy and the [...]
Can’t pay your mortgage? Here’s what you can do – Times Money Mentor
CAN'T PAY YOUR MORTGAGE? HERE'S WHAT YOU CAN DO - TIMES MONEY MENTOR According to the latest UK figures, more than 75,000 people were in mortgage arrears in the last three months. Awful April is here and on top of hikes to broadband bills [...]
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 [...]
Mortgage rates heading down with more cuts on the way – Your Money
MORTGAGE RATES HEADING DOWN WITH MORE CUTS ON THE WAY - YOUR MONEY Rising confidence among lenders and a priced in March base rate rise could lead to further mortgage rate falls in the coming days, a property analyst suggests. Rightmove’s mortgage expert, Matt [...]
Mortgage rates: price gap between fixed-rate and SVR mortgages reaches record high – Which?
MORTGAGE RATES: PRICE GAP BETWEEN FIXED-RATE AND SVR MORTGAGES REACHES RECORD HIGH - WHICH? Find out how standard variable rates compare among some of the biggest UK mortgage providers. The average rate for a standard variable rate (SVR) mortgage has surpassed 7% for the [...]
Stamp duty for first-time buyers – what are the rules around exemption? – Ideal Home
STAMP DUTY FOR FIRST-TIME BUYERS - WHAT ARE THE RULES AROUND EXEMPTION? IDEAL HOME Make sure you know the different rules around stamp duty for first-time buyers, which should mean a lower stamp duty bill. When it comes to stamp duty for first-time buyer, [...]
UK house prices defy gloom with an average £3,000 rise – The Guardian
UK HOUSE PRICES DEFY GLOOM WITH AN AVERAGE £3,000 RISE - THE GUARDIAN Latest Rightmove survey concludes market on ‘much more stable footing’ than many had thought. Average house prices have risen by nearly £3,000 this month as the property market continues to resist [...]
5 house moving mistakes to avoid if you want to save money – Ideal Home
5 HOUSE MOVING MISTAKES TO AVOID IF YOU WANT TO SAVE MONEY - IDEAL HOME Moving home is expensive enough - avoid these mistakes if you want to keep costs low. Moving home is a stressful and costly business, and there is usually lots [...]
I could ‘staircase’ the 30% share of my flat to 100% but how would it affect stamp duty? – The Guardian
I COULD "STAIRCASE" THE 30% SHARE OF MY FLAT TO 100% BUT HOW WOULD IT AFFECT STAMP DUTY? - THE GUARDIAN Paying SDLT for the entire property was not within budget back then and I am unsure if I count as a first-time buyer. [...]
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.