We are delighted to announce that Nathalie Claeys has joined the City Mortgage Solutions team as our protection specialist. Nathalie comes to us with more than 15 years’ experience in the financial services advice industry working with both personal clients and SMEs. As well as working alongside our mortgage consultants to offer protection advice to […]
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2019 saw a number of key changes in the Mortgage market. Taxation on personally owned Buy To Let properties significantly impacted the market, with Buy To Let business down some 70%. However, this created plenty of opportunities for the more savvy Investor to find the right property option and then use a Special Purpose Vehicle […]
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As we approach retirement age, it can become harder to secure the renewal of an interest-only mortgage, even if you can comfortably afford the monthly payments. A retirement interest only mortgage can provide homeowners in that position with such a solution. It can also help to unlock some of the equity in their home to […]
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I’m sure it’ll come as no surprise to you that I start by suggesting that 2018 has been a year of instability. In my 2017 review, I mentioned the year of change that the Brexit vote had triggered and the theme for 2018 has been largely the same. It’s been a year of political turmoil as […]
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Over the last 12 months, we’ve seen the number of buy to let lenders increase to limited companies as landlords have altered their tax status in order to combat the government’s 2015 tax changes. With more than 20 lenders currently offering buy to let mortgages to limited companies, there are currently over 600 products available for […]
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The City Mortgage Solutions team has seen good news for mortgage owners this month as interest rates on 2 year fixed rate mortgages fall for the first time in 12 months as lenders compete for new business. The Bank of England’s decision to raise interest rates last August has, rather surprisingly, prompted 2 year fixed mortgage […]
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While many homeowners have seen increased rates as a result of the recent Bank of England base rate rise, there’s some great news for First-Time Buyers with just a 5% deposit. With increased competition from a growing number of mortgage providers keen to attract First-Time Buyers and the prospect of retaining them for the longer […]
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As an independent mortgage adviser, City Mortgage Solutions brokers take great pride in ensuring that each of their clients receive the best mortgage advice to suit their individual needs by scouring the market for the best deal. This is something that our clients can rightly expect. That, after all, is a pre-requisite for a mortgage […]
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The Bank of England has released its latest data on mortgage lending which reveals that new lending commitments are at their highest level since the first quarter of 2008. The Bank of England also reports that first time buyers increased their share of the market to 21.4 percent in Q2 2018 – a rise of […]
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The Bank of England is set to meet on Thursday (2nd August) to discuss interest rates. Indications are that the Governer, Mark Carney, will announce an interest rate rise for just the second time in almost ten years, with the last rate rise coming in November 2017. What does an interest rate rise mean for […]
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Life Insurance business, Royal London have announced this week that 99.1% of all claims made in 2017 were paid. That equated to more than £517 million paid out to help their customers and families, at a time when they need it most. As an independent broker, City Mortgage Solutions have access to the best Life Insurance […]
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It’s been a busy start to 2018 for the City Mortgage Solutions business. Having been based in our historic wharf offices in Wapping, London, for the last 11 years, we have taken the decision to move in to the heart of the City. Our new offices, located within Holland House in Bury Street has its […]
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We’ve seen a year of change in 2017 with the triggering of article 50 by Theresa May in March, initiating Brexit discussions with EU leaders. While progress continues at a painfully slow rate, it is the Pound that has shouldered much of the burden this year. It’s weakness against the Euro and the Dollar has […]
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You may have heard that the Bank of England are considering the possibility of an interest rate rise in November. As a result, we’ve had a number of clients ask us what this means and how it may affect them. So, we’ve put together this short guide, which we hope, will answer many of your […]
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We often receive glowing reports for our brokers from happy clients, and you’ll find many of them published on our testimonials section. However, we were so pleased with the outcome from this piece of work that we decided to put it together as a case study. The clients in this particular instance were a young […]
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This year, City Mortgage Solutions has been in business for 10 years, helping thousands of clients with their home finance. To celebrate our 10th year anniversary, we decided to put ourselves forward for the category of Broker (Under 40 Advisers) at the British Mortgage Awards that take place in July. The British Mortgage Awards are […]
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We’re trusted by our clients to provide a first-class service, tailored to each individual. A reputation we’re very proud of. It’s not often we get a case like the one we received in March. It proved to be a real test – but we were able to deliver. Here’s the story. First time buyer New […]
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City Mortgage Solutions will now be offering finance at all of the Auction House Essex property auctions! The Auctions will be held at two locations; Southend and Colchester, with 16 scheduled for 2017. You can view the property catalogues online at www.auctionhouseessex.co.uk The Essex auction dates for 2017 will be as follows; Tuesday 7th February – […]
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Helping Hand: Practical and emotional support for our clients, when they need it most. In this short video, one of City Mortgage Solutions own mortgage advisers, Helen Jones talks about the impact of having a second medical opinion through Helping Hand when she was diagnosed with ovarian cancer.
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So, the first Autumn budget from new chancellor Phillip Hammond, which, it also turns out, will be the last, as the government have decided to scrap it going forward. What impact, if any, will there be for the home-owner or buy to let landlord? Here’s our thoughts. Residential The budget gave no signs of interest rates […]
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