We have some exciting developments in the pipeline that we would like to share with you. From 1st October 2020, we will be launching a brand new insurance service with a fully dedicated team, providing clients with Home Insurance, Landlord Insurance & Rent Guarantees, Tradesman’s Policies ( including Public Liability), Property Insurance for Portfolio Landlords […]
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With the effects of the current lockdown situation affecting many of us, it is more important than ever to make sure that you have the adequate cover in place to protect you and your family should anything happen to you. What is Critical Illness Cover? Critical illness cover is a type of insurance that pays out […]
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In light of government guidance on 16th March, the team here at City Mortgage Solutions have discussed our current position on face-to-face meetings with clients. Until further notice, our staff will work remotely in order to protect their wellbeing, the wellbeing of our clients and the wider community. We would like to stress however that […]
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City Mortgage Solutions have led the way as an independent, whole of market mortgage broker for 13 years successfully conducting over 250 million pounds of lending every year for our many thousands of clients. We understand the property market well, given that our team of 25 brokers have a combined experience of over 200 years […]
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Protection provider AIG has recently added a really useful new benefit to their policy. The benefit is included in many of our clients’ current plan premiums and its called Smart Health. What is Smart Health? Smart Health is a convenient way to connect customers to the healthcare they need – from on-demand consultations with UK based […]
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Here at City Mortgage Solutions, we make a point of speaking to our clients about the importance of taking out life protection as part of any mortgage loan. Our job is not just to arrange finance, but also to offer advice on how our clients can protect that loan should any unforeseen situations arises. One […]
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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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