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.
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. [...]
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 are coming to the end of your current mortgage deal, you might be wondering what’s going to happen to mortgage rates over the [...]
UK homeowners still better off than renters despite spike in interest rates – The Guardian
UK HOMEOWNERS STILL BETTER OFF THAN RENTERS DESPITE SPIKE IN INTEREST RATES - THE GUARDIAN Average monthly cost of owning 3-bed home is £500 a year less than renting, but the gap is narrowing. Homeowners in the UK are almost £500 better off a [...]
Six common home-selling mistakes to avoid – Your Money
SIX COMMON HOME-SELLING MISTAKES TO AVOID - YOUR MONEY To get the maximum sale price, the optimum time for a house to be on the market is fourteen days – and the price you’ll receive steadily decreases over time. Here are six home-selling mistakes [...]
Should I overpay my mortgage? Finance experts explain what to consider – Ideal Home
SHOULD I OVERPAY MY MORTGAGE? FINANCE EXPERTS EXPLAIN WHAT TO CONSIDER - IDEAL HOME Wondering if you should overpay your mortgage? We explain what you need to think about before making your decision. Money is tight right now for many households but if you [...]
Struggling to pay your mortgage? FCA confirms help is at hand – What Mortgage
STRUGGLING TO PAY YOUR MORTGAGE? FCA CONFIRMS HELP IS AT HAND - WHAT MORTGAGE A lifeline has been thrown to borrowers struggling to pay their mortgage after new guidance has been firmed up which puts lenders under obligation to support customers in financial difficulties. [...]
7 ways to prepare for an interest rate rise – Which?
7 WAYS TO PREPARE FOR AN INTEREST RATE RISE - WHICH? With another likely base rate rise on the way, find out how to get your finances ready. Interest rates are expected to rise yet again later this month as the Bank of England [...]
Could you survive financially?
COULD YOU SURVIVE FINANCIALLY? Nearly half (45%) of adults between the ages of 25 and 44 who don’t have a protection policy aren’t sure they could cope financially if they were too ill to work. Worrying research from LV= suggests that a large minority [...]
Should I use a £75,000 inheritance to pay off the mortgage? – The Guardian
SHOULD I USE A £75,000 INHERITANCE TO PAY OFF THE MORTGAGE? THE GUARDIAN I am wondering whether to keep some of the money in savings to help cover extra costs if we move. Q I’m due to inherit about £75,000 and I’d like some [...]
What’s happening with house prices across the UK? – Zoopla
WHAT'S HAPPENING WITH HOUSE PRICES ACROSS THE UK? - ZOOPLA If you want to know what’s happening to house prices, just ask Zoopla. Key takeaways The UK’s average house price has dropped £400 in the last month as we start to see small price [...]
7 first-time buyer schemes that are available now Help to Buy has closed – Which?
7 FIRST TIME BUYER SCHEMES THAT ARE AVAILABLE NOW THAT HELP TO BUY HAS CLOSED - WHICH? Find out what support is on offer for first-time buyers trying to get on the housing ladder. Ten years after its introduction, the curtains are to be [...]
Top tips for moving home: A checklist – Times Money Mentor
TOP TIPS FOR MOVING HOME: A CHECKLIST - TIMES MONEY MENTOR Moving house can be a daunting task with so much to remember – that’s why we’ve made it easier for you with our simple checklist. If you are moving house, being organised and [...]
Best mortgage rates for home movers and first-time buyers – Which?
BEST MORTGAGE RATES FOR HOME MOVERS AND FIRST-TIME BUYERS - WHICH? Rates fall as mortgage deals recover from mini-budget fallout. Mortgage rates are falling as the market continues to recover from the shockwaves caused by the government's mini-budget last autumn - but figures still [...]
8 red flags putting off buyers when you’re selling a house – Ideal Home
8 RED FLAGS PUTTING OFF BUYERS WHEN YOU'RE SELLING A HOUSE - IDEAL HOME No matter how much you entice buyers, these things will leave a lasting impression. If you're selling a house – or are thinking about putting your home on the market – [...]
Should I get a long-term fixed-rate mortgage? – Times Money Mentor
SHOULD I GET A LONG-TERM FIXED-RATE MORTGAGE? - TIMES MONEY MENTOR Interest rates have been climbing over the past year, so is it worth locking in a long-term fixed mortgage? When looking for a fixed-rate mortgage, you need to decide how long you want [...]
Mortgage rates are falling and choice is increasing – Zoopla
MORTGAGE RATES ARE FALLING AND PRODUCT CHOICE IS INCREASING - ZOOPLA More than 4,000 different deals are now available as the mortgage market continues to stabilise. Key takeaways Mortgage rates are falling and product choice is increasing as the market continues to stabilise A [...]
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.