As restrictions start to be eased, alongside the vaccine roll-out, we highlight key financial support from the Government. This encompasses the April launch of the Mortgage Guarantee scheme (aimed at those with a small deposit), plus extensions to the Stamp Duty holiday, Furlough & Self-Employment schemes.
In the midst of all this, excellent mortgage rates are still on offer – but they’re creeping up, although still markedly less than the average Standard Variable Rate of 4.41% on which around 1.2m-2m borrowers currently sit.*
As a consequence of the many issues within the marketplace, we set out benefits that we can deliver to help identify solutions that best meets your needs.
Elsewhere, we remind you of the importance of taking out life cover (plus other protection insurance options), when more than 1 person a minute died in 2019, and that’s even before we factor in the additional lives lost through COVID across 2020/21.**
Finally, we look in greater detail at the return of the 95% Mortgage, brought about by the Mortgage Guarantee scheme. This scheme encompasses all homebuyers and most properties (not just new-build).
As restrictions start to be eased, alongside the vaccine roll-out, we highlight key financial support from the Government. This encompasses the April launch of the Mortgage Guarantee scheme (aimed at those with a small deposit), plus extensions to the Stamp Duty holiday, Furlough & Self-Employment schemes.
In the midst of all this, excellent mortgage rates are still on offer – but they’re creeping up, although still markedly less than the average Standard Variable Rate of 4.41% on which around 1.2m-2m borrowers currently sit.*
As a consequence of the many issues within the marketplace, we set out benefits that we can deliver to help identify solutions that best meets your needs.
Elsewhere, we remind you of the importance of taking out life cover (plus other protection insurance options), when more than 1 person a minute died in 2019, and that’s even before we factor in the additional lives lost through COVID across 2020/21.**
Finally, we look in greater detail at the return of the 95% Mortgage, brought about by the Mortgage Guarantee scheme. This scheme encompasses all homebuyers and most properties (not just new-build).
I hope you find this issue of interest, and do get in touch if you have any questions.
* Moneyfacts, March 2021 data
** Office for National Statistics, combined UK-wide 2019 figures.
*** Paragon & HomeLet Rental Index, February 2021.
You may have to pay an early repayment charge to your existing lender if you remortgage.
As with all insurance policies, terms, conditions and exclusions will apply.
Your (home / property) may be repossessed if you do not keep up repayments on your mortgage.
