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.
Could I live without life insurance
COULD I LIVE WITHOUT LIFE INSURANCE Planning for what you’ll leave behind once you’re gone is no easy task. But if you have loved ones that rely on your income, finding the right life insurance policy can make facing the unknown a little less [...]
‘Repossession is a last resort’: Five options if you’re struggling with your mortgage – Your Money
'REPOSSESSION IS A LAST RESORT': FIVE OPTIONS IF YOU'RE STRUGGLING WITH YOUR MORTGAGE - YOUR MONEY Millions of homeowners are worried as the cost of living bites while mortgage rates are heading north. Here are five options if you’re struggling to meet monthly payments. [...]
Critical illness cover offers key safety net
CRITICAL ILLNESS COVER OFFERS KEY SAFETY NET As the main breadwinner, you do everything you can to provide for your family. But have you considered how they would cope if you became too ill to work? Safety net Critical illness cover typically pays out [...]
How to get a good deal when remortgaging – Which?
HOW TO GET A GOOD DEAL WHEN REMORTGAGING - WHICH? Homeowners face higher mortgage costs as base rate rises to 2.25% Rising rates could cause a shock to homeowners due to remortgage in the remainder of 2022, at a time when the cost of [...]
Interest rates: Should you fix your mortgage now? – Yahoo! finance
INTEREST RATES: SHOULD YOU FIX YOUR MORTGAGE NOW? - YAHOO! FINANCE With interest rates expected to rise in the next few months, is it worth taking the hit of paying an early repayment charge and fixing your mortgage at a lower rate now? We’ve [...]
Prepare to sell in seven steps
PREPARING TO SELL IN SEVEN STEPS In the seller’s market of the pandemic years, properties have been changing hands at double speed. As the market starts to cool, however, the finer details will become even more important. Small changes can make a big difference; [...]
Annual rate of UK house price growth doubles to 15.5% in one month – The Guardian
ANNUAL RATE OF UK HOUSE PRICE GROWTH DOUBLES TO 15.5% IN ONE MONTH - THE GUARDIAN Statistical surge reflects average house price drop last July caused by end to £500,000 stamp duty holiday The annual rate of UK house price growth soared to a [...]
Shared ownership: a low-cost way to buy a home – but is there a catch? – The Guardian
SHARED OWNERSHIP: A LOW-COST WAY TO BUY A HOME - BUT IS THERE A CATCH? - THE GUARDIAN It is touted as a cheaper way to get on the property ladder, but there can be drawbacks. We weigh up the pros and cons. Shared [...]
Keep Calm and Talk to a Mortgage Advisor
KEEP CALM AND TALK TO A MORTGAGE ADVISOR According to a survey from RFI Global UK Mortgage Council one in four homeowners say they are worried they won't be able to afford their mortgage payments over the coming year. Analysis by Accord Mortgage shows [...]
How to cut the biggest bill of them all … your mortgage – The Guardian
HOW TO CUT THE BIGGEST BILL OF THEM ALL ... YOUR MORTGAGE - THE GUARDIAN As other costs spiral you can take action by asking for a payment holiday or to extend the loan term. Spiralling energy, food and petrol prices, amid warnings of [...]
Financial impact of cancer is £891 a month
FINANCIAL IMPACT OF CANCER IS £891 A MONTH 83% of people with cancer in the UK experience some kind of financial impact from their diagnosis, new research1 has found. At the most challenging times, critical illness cover can ease some of this financial burden. [...]
Should you opt for a tracker mortgage? Narrowing rates may make fixed rates expensive – Your Mortgage
SHOULD YOU OPT FOR A TRACKER MORTGAGE? NARROWING RATES MAKE FIXED RATES MORE EXPENSIVE - YOUR MORTGAGE It is no longer a “no brainer” to go for a fixed rate mortgage with the price gap between variable and fixed deals becoming “more marked” than [...]
Cost of living: seven steps to help combat rising mortgage rates – Zoopla
COST OF LIVING: SEVEN STEPS TO HELP COMBAT RISING MORTGAGE RATES - ZOOPLA As the cost of borrowing increases, there are steps buyers and homeowners can take to help keep mortgage payments manageable. Key takeaways Opting for a longer mortgage term can help to [...]
Mortgages for first-time buyers: a guide to buying property amid rising interest rates – Yahoo! Finance
MORTGAGES FOR FIRST TIME BUYERS; A GUIDE TO BUYING PROPERTY AMID RISING INTEREST RATES - YAHOO! FINANCE Amid record-high inflation and escalating costs of living, the Bank of England raised interest rates again last week. Rates have edged up six times since December from [...]
First-time buyers: how to get the best deal on a 90% or 95% mortgage – Which?
FIRST-TIME BUYERS: HOW TO GET THE BEST DEAL ON A 90% OR 95% MORTGAGE - WHICH? Rates on low-deposit mortgages creep up after the base rate hikes. Rates on 90% and 95% mortgages are continuing to rise, after a sixth increase in the Bank [...]
Mortgages: your options if you want to switch deals or are a first-time buyer – The Guardian
MORTGAGES; YOUR OPTIONS IF YOU WANT TO SWITCH DEALS OR ARE A FIRST TIME BUYER - THE GUARDIAN The lowdown for different categories of borrower as interest rates continue to rise. Rates on new mortgages are continuing to climb, leaving millions of people in [...]
Mortgage borrowers urged to ‘move swiftly’ to secure a deal – Your Mortgage
MORTGAGE BORROWERS URGED TO 'MOVE SWIFTLY' TO SECURE A DEAL - YOUR MORTGAGE People considering a new mortgage "may wish to move swiftly" as product numbers and typical shelf life fall while rates are on the rise. Mortgage products now have an average shelf [...]
Over 600,000 paying mortgage loyalty penalty – Your Money
OVER 600,000 PAYING MORTGAGE LOYALTY PENALTY - YOUR MONEY Around 630,000 mortgage borrowers are paying a loyalty penalty, adding an average £1,000 to annual bills. Analysis of 165,000 budgets of people who approached Citizens Advice for debt help revealed 8% of people, or 11% [...]
Bank of England drops mortgage affordability test – what this means for you – Ideal Home
BANK OF ENGLAND DROPS MORTGAGE AFFORDABILITY TEST - WHAT THIS MEANS FOR YOU - IDEAL HOME The Bank of England's decision to take away the mortgage affordability test comes into effect today (Monday, August 1st). While this removes one barrier for prospective homebuyers and [...]
Grounding protection in reality
GROUNDING PROTECTION IN REALITY Protection insurance has a very real impact on people’s lives, providing a sense of normality in the most trying circumstances. Too often, however, it can be seen as removed from reality. Fact or fiction? One in ten British adults has [...]
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.