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.
Buying a home: What’s a survey and why is it so valuable? – What Mortgage
BUYING A HOME: WHAT'S A SURVEY AND WHY IS IT SO VALUABLE? - WHAT MORTGAGE It’s common for homebuyers to assume the lenders’ valuation on their home includes a survey – but this is not the case. Matthew Cumber explains the value of a [...]
Mortgage lenders pledge to help struggling borrowers – Zoopla
MORTGAGE LENDERS PLEDGE TO HELP STRUGGLING BORROWERS - ZOOPLA Lenders have agreed to adopt a more flexible approach for those hit by the rising cost of living, offering tailored support for homeowners who run into difficulties. Key takeaways Mortgage lenders have promised to do [...]
11 ways to give yourself a Christmas bonus in 2022 – Which?
11 WAYS TO GIVE YOURSELF A CHRISTMAS BONUS IN 2022 - WHICH? From switching bank account to house-sitting, here's how you can earn some extra money without having to work all hours. A combination of soaring inflation, rising energy prices and the spectre of [...]
UK homeowners forced to settle for below asking price, Zoopla says – The Guardian
UK HOMEOWNERS FORCED TO SETTLE FOR BELOW ASKING PRICE, ZOOPLA SAYS - THE GUARDIAN Property website data shows housing market is slowing, with 44% less demand for homes and sellers accepting 3% below asking price. People selling their homes have typically had to settle [...]
Mortgage experts explain if you should get a fixed or tracker deal – which is cheapest – Mirror
MORTGAGE EXPERTS EXPLAIN IF YOU SHOULD GET A FIXED OR TRACKER DEAL - WHICH IS CHEAPEST - MIRROR Homeloan prices have been rising this year, leading many housebuyers to ask if a fixed rate or tracker mortgage works out cheaper for them - so [...]
Sharp slowdown recorded in house price growth – Your Mortgage
SHARP SLOWDOWN RECORDED IN HOUSE PRICE GROWTH - YOUR MORTGAGE Average UK property prices are up by £26K over the last year, but the pace of growth has slowed. Average UK house prices rose 9.5% in the year to September, according to the UK [...]
Giving up your insurance could be costly
GIVING UP YOUR INSURANCE COULD BE COSTLY As the cost-of-living squeeze starts to bite, many are looking to make savings on their monthly budget. Experts are warning families to think twice, however, before scaling back on essential protection. Cutting back The number of protection [...]
The unpopular mortgages that could shave £250 a month off your repayments – The Telegraph
THE UNPOPULAR MORTGAGES THAT COULD SHAVE £250 A MONTH OFF YOUR REPAYMENTS - THE TELEGRAPH Borrowers have flocked to unconventional "tracker" mortgages as they gamble on interest rate falls next year. The popularity of tracker deals, which fluctuate inline with interest rate changes by the [...]
Is now a good time to remortgage? – Times Money Mentor
IS NOW A GOOD TIME TO REMORTGAGE? - TIMES MONEY MENTOR With mortgage rates rising quickly, should you secure a fix now? If you’re thinking about remortgaging and are worried about rising interest rates, now might be a good time to secure a deal. [...]
What’s happening to house prices? – Which?
WHAT'S HAPPENING TO HOUSE PRICES? - WHICH? Experts predict price drops as mortgage rates rise. The Land Registry reports that house prices rose by 14% year-on-year in August, but these figures aren't quite what they seem. This huge jump reflects a distorted property market [...]
Things to consider with mortgage overpayments – Property Reporter
THINGS TO CONSIDER WITH MORTGAGE OVERPAYMENTS - PROPERTY REPORTER Nobody likes to pay more than they have to. Yet with rising interest rates and a currently unpredictable economic outlook for the UK, it may be worth considering overpaying on your mortgage, in an attempt [...]
How to pay less on your mortgage and energy bills as winter approaches and cost of living soars – iNews
HOW TO PAY LESS ON YOUR MORTGAGE AND ENERGY BILLS AS WINTER APPROACHES AND COST OF LIVING SOARS - INEWS From extending your mortgage term to getting a smart meter, here are our top tips. Rising mortgage and energy costs may add hundreds of [...]
Struggling with mortgage repayments? Here’s what to do – You Mortgage
STRUGGLING WITH MORTGAGE REPAYMENTS? HERE'S WHAT TO DO - YOUR MORTGAGE Nearly a third of people are worried about meeting their housing costs, but you can take action now. Nearly a third of people are struggling with mortgage and rent payments, according to ONS [...]
Should I use a mortgage adviser? – Times Money Mentor
SHOULD I USE A MORTGAGE ADVISER? - TIMES MONEY MENTOR Getting a mortgage is a huge financial decision, which is why many people decide to seek advice from a professional. An adviser, sometimes known as a mortgage broker, will search the mortgage market on [...]
4 signs the UK housing market will hold up despite high mortgage rates – Zoopla
4 SIGNS THE UK HOUSING MARKET WILL HOLD UP DESPITE HIGH MORTGAGE RATES - ZOOPLA New sales activity in the housing market is holding up in the last week. High mortgage rates do not hit all buyers equally and I remain hopeful that borrowing [...]
How to make sure your new home is energy efficient – Property Reporter
HOW TO MAKE SURE YOUR NEW HOME IS ENERGY EFFICIENT - PROPERTY REPORTER With energy bills rising and the government announcing yesterday that support will be reviewed from April next year, energy efficiency is high up on the list of priorities for many buyers [...]
What to do if you need to remortgage – Which?
WHAT TO DO IF YOU NEED TO REMORTGAGE - WHICH? Homeowners face higher mortgage costs as rates move above 5%. Rising mortgage rates and disappearing deals could provide a shock to homeowners who come to remortgage in the remainder of 2022. Mortgage rates are [...]
Homeowners urged ‘to take mortgage advice’ now as rate rises and products fall – Your Money
HOMEOWNERS URGED 'TO TAKE MORTGAGE ADVICE' NOW AS RATE RISES AND PRODUCTS FALL - YOUR MONEY Uncertainty and concern surrounding mortgages means now is the time for people to seek advice before making any “rash decisions”, a financial services platform suggests. Interest rates have [...]
What to do if you can’t pay your mortgage – expert advice on the best steps to take – Ideal Home
WHAT TO DO IF YOU CAN'T PAY YOUR MORTGAGE - EXPERT ADVICE ON THE BEST STEPS TO TAKE - IDEAL HOME Mortgage rates have risen rapidly in a matter of weeks – here’s what to do if you can’t pay your mortgage. Mortgage rate [...]
To switch or not to switch: What to consider with ERCs – Property Reporter
TO SWITCH OR NOT TO SWITCH: WHAT TO CONSIDER WITH ERCS - PROPERTY REPORTER Should I switch my mortgage now and pay an early repayment charge? It's a question many will be asking themselves as the mortgage market battles a huge wave of volatility [...]
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.