AliveKo Mortgages’ Post

🎉 Owning a home is just the beginning of your journey, and we're here for every step after! 🏠 From refinancing tips to future mortgage needs, our ongoing support ensures your financial well-being stays rock solid. 💪 Have any questions about how we can assist you further? Visit the website and let's chat about securing your financial future together! 💬

🎉 Owning a home is just the beginning of your journey, and we're here for every step after! 🏠 From refinancing tips to future mortgage needs, our ongoing support ensures your financial well-being stays rock solid. 💪 Have any questions about how we can assist you further? Visit the website and let's chat about securing your financial future together! 💬

Mortgages

How do I get started with buy-to-let? 🏘 Here are 5 simple steps... Step 1 - Start organising your finances with a mortgage broker. Step 2 - Find a property and get your offer accepted. Step 3 - Don't forget about insurance. Step 4 - Find tenants either through an agency or privately. Step 5 - You should make sure income from buy-to-let is handled in the most tax-efficient way - an accountant can help! The Financial Conduct Authority does not regulate most buy to let mortgages. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Here is guide that we use with client aboit mortgages that you might find useful.

Considering Equity Release? Make sure you start with these 5 essential steps! Check out our latest blog and find out how to unlock the value of your home safely. https://lnkd.in/ezBPbaNF #EquityRelease #MortgageBroker A Lifetime Mortgage will reduce the value of your estate and may affect your entitlement to means-tested benefits and tax status. The impact of not servicing monthly interest payments on a Lifetime Mortgage is that the outstanding debt can grow rapidly, thus reducing the value of your estate.   For example, if the interest rate was 7% a year, a £50,000 loan would double to £100,000 after 10 years assuming no repayments are made. This is an example for illustrative purposes only and personalised advice and recommendations should be sought from a qualified professional.   You are strongly advised to register a lasting power of attorney. This will allow your affairs to be managed by somebody else if your mental abilities significantly decline. Your home may be repossessed if you do not keep up repayments on your mortgage.

No, you won’t be able to transfer your properties into a Ltd company. However, there are other options. The best way to proceed is likely to be to have the company purchase the properties from you. 🏡 You will need to take into account what the implications of these sales will be for stamp duty, legal fees, and any other lender fees. As ever, professional advice is of paramount importance, so make sure to consult with a property tax specialist before making any decisions. Your home may be repossessed if you do not keep up repayments on your mortgage. When The Bank Says No is a mortgage broker, and not a lender. When The Bank Says No is a trading name of Alder Rose Mortgages Limited whom are directly authorised and regulated by the Financial Conduct Authority under FCA No. 923776.

You're almost there! This step is important in helping identify any areas of the home where major repairs or renovations would need immediate or future attention, while also protecting you financially. You are able to ask the seller to complete these repairs before closing. If you've been following along and have included an inspection contingency in your contract, negotiations may be easier to make if repairs are needed. Before your lender releases funds, a home appraisal will most likely be required to estimate how much the home is worth based on comparable sales in the area, market trends, public records, and property inspection. Again, contingencies can protect you. Including a mortgage contingency in your contract is in your best interest if the appraised value happens to come in below the purchase price. Need help during any step in your home-buying process? Let the Jon Sidwell team assist you in your journey! #JonSidwell #RealEstate #MortgageLoans

A tracker mortgage is a type of variable rate mortgage which tracks a nominated interest rate, usually the Bank of England base rate. The actual mortgage rate you pay will be a set interest rate above or below the rate tracked. When the rate tracked goes up, your mortgage rate will go up by the same amount. And it will come down when the rate tracked comes down. Need expert, award-winning advice? Get in touch with the Barlow Irvin Financial Services team. As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments. #mortgages #trackermortgages #mortgageadvice

You are planting the seeds for a fruitful future. Buying a house is more than just acquiring property; it's an investment in your dreams, stability, and financial growth. Every mortgage payment is a step closer to building equity and creating a lasting legacy. ??? #InvestInYourFuture #Homeownership #GenerationalWealth