We’re on SKY TV!

To find out more about the recent changes to the BTL market, watch our CEO Liz Syms talk to Paul Mahoney in an episode of ‘Proper Wealth’ being aired on Sky Property TV. In this episode Liz explains to Paul the effect of some of the changes which includes the change to 2nd property stamp duty, changes to the mortgage tax relief and the most recent changes from the PRA…

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The New Age of Mortgage Lending

How most mortgage lenders interact with their clients is in a traditional manner and not necessarily using the best technology, often sending documents by post during the process and then after completion still sending you information, annual mortgage statements etc by post. Connect Mortgages are delighted to be able to offer our newest lender to our panel – Digital Mortgages by Atom Bank: Mortgages for a digital self-service world Soft…

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BTL taxes ‘working’ as first-time buyers and home mover numbers soar

In an article appearing in Specialist Lending Solutions this week, Connect Mortgages CEO, Liz Syms comments alongside other industry experts on the tax changes to the BTL market. The article takes a look at the effect of the BTL taxes introduced by the Government and that UK finance data shows that first-time buyers and home movers are benefitting as sales grew strongly in Q2 2017. Liz comments on the fact…

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New 55 Plus Interest-Only Mortgage Range

If you over 55, worried about downsizing or using savings to repay an outstanding balance from an interest-only mortgage, we can help you access a great new range of products can help. The 55 Plus Interest-Only Mortgage could help you to: Stay in your family home for up to an additional 15 years Keep your savings and investments in place for longer Raise additional funds for a variety of purposes, like…

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Self-Employed only a year and looking for a mortgage?

There has been much in the press regarding how the self-employed or contractors cannot get a mortgage with under three years accounts.  Connect Mortgages can now offer mortgage solutions to those of you who are self-employed and with only 1 years worth of accounts. We have a great range of products available, including the following benefits: Rates from just 1.89% at 70% LTV or with a higher LTV of up…

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What will 2017 look like?

Our friends at onlinemortgageadvisor.co.uk recently interviewed a panel of industry experts to reveal how they see the mortgage market unfolding in 2017. Topics put to the panel include: * The future of Buy To Let * Brexit & Regulation * House Prices * The Bank Referral Scheme Connect’s very own Managing Director Liz Syms was asked to give an insight into the market and the key things for clients and mortgage brokers to…

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Get on the property ladder with help from your family

In today’s world getting on the property ladder can be a real struggle. Millions of wanna be home owners find themselves either living with their parents or renting expensive accommodation meaning they can only manage to save a small deposit to buy their first home. A growing number of lenders are starting to recognise the problems facing first time buyers and are coming up with new innovative mortgage products to…

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Case Study: Family Concessionary Purchase

Have you come to the end of your mortgage with no repayment vehicle? Have you thought about family concessionary purchase? Below is a case study, showing how selling your property, at a discount to a family member can benefit. CUSTOMER PROFILE: Mr and Mrs Williams live in their three bedroom property in Warwickshire. They purchased the property in 1996, for £65,000, using an interest only mortgage over a term of 20…

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Does the base rate change affect your mortgage?

The Bank of England has cut the base rate for the first time in more than seven years, reducing it from 0.5% to a new all time historic low of 0.25%. So how does the base rate change affect your mortgage? If you are on a tracker rate mortgage linked to the Bank of England base rate you should find that your monthly mortgage payments will now go down inline with…

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