New Indicative Mortgage Capacity Assessment to meet your needs
- 29 October 2024
In our ongoing effort to deliver court-approved mortgage capacity reports for each and every stage of a financial separation, we’re pleased to announce the launch of our brand-new Indicative Mortgage Capacity Assessment.
The first 100 days of our new Labour government
- 08 July 2024
With a majority of over 200 and a weight of expectations, what happens next for Sir Kier Starmer’s new Labour government?
Spring Budget: Child benefit tax rule changes announced
- 01 April 2024
One of the few surprises in the Spring Budget was the change affecting how child benefit is taxed for higher earners.
House prices in the UK are still falling
- 14 November 2023
Since early 2022 rising mortgage rates have taken their toll on house prices. Whether you're selling, buying, or just keeping an eye - this one's for you.
Is Capital Gains Tax about to affect you?
- 14 September 2023
According to HMRC (and their pretty clear graph below), the amount of Capital Gains Tax (CGT) raised over time is on the rise. In 2021/22 £16.7 billion was raised – but what’s behind the statistics and how does it affect you?
Three new childcare measures announced in the Budget
- 22 March 2023
This month’s Budget brought good news for parents, as three important changes to childcare provisions in England were announced.
Lifestyle expenditure vs essential expenditure – do you know the difference?
- 22 May 2021
In my opinion, the most important aspect of any Mortgage Capacity Report is the consideration of affordable borrowing. In many cases maximum borrowing, which is the amount of mortgage borrowing mortgage lenders consider as suitable for an individual, is often very different to that same individual’s affordable borrowing. This is due the difference between essential and lifestyle expenditure.
The greenhouse effect
- 10 November 2020
Reduce, reuse, recycle. We are all conscious of playing our day-to-day part to help the environment but is there more we could be doing? According to UK Government National Statistics, residential properties account for 15% of the UK’s climate emissions, so having an energy efficient home has a huge impact in lowering our carbon footprint.
Recognising this, NatWest are now offering a Green Mortgage Product to reward customers whose homes have a high Energy Performance Rating, with preferential mortgage rates on a two-year or five-year fix.
Have you been impacted by Coronavirus?
- 03 October 2020
We’re here to help you.
Our No Mortgage Capacity Assessments are offered at a reduced rate to help individuals obtain relevant proof, for use at court or during divorce/financial negotiations, that their financial circumstances clearly dictate that they are not able to secure a mortgage. With the effects Covid-19 is having on our economy and our jobs, more people are taking advantage of these assessments. If you find you are in one of the following categories, you may qualify for this type of assessment:
Ongoing financial help from the government, supporting business owners through Covid-19
- 23 July 2020
Coronavirus has caused disruption to all industries across the UK and non must be suffering more sleepless nights than business owners, large or small. However, the government has launched a range of temporary measures to help ease your concerns and support your business throughout this uncertain time. Ensuring you are getting the right financial support and taking full advantage of any funding or assistance on offer could really help businesses get through this unprecedented time.
Coronavirus vs Mortgage Capacity Assessments
- 05 May 2020
How the virus is affecting your Divorce Negotiations
As we all are aware of by now, Coronavirus is affecting every aspect of our life and for myself, as a Mortgage Capacity Expert, providing individuals going through divorce and separation with detailed and reliable information about their mortgage borrowing capabilities can be challenging.
Mortgage lenders are changing criteria regularly, trying to keep up with the everchanging economic landscape.
The ‘No Mortgage Capacity Assessment’
- 05 March 2019
For those going through financial proceedings for divorce, it is becoming commonplace for the Court to request evidence of capacity to mortgage. Whilst this may be a worthwhile and logical exercise for some, for a number of individuals the prospect of paying for a full report may feel somewhat unfair, especially if their financial circumstances quite obviously deem them unable to secure mortgage lending.
Case study: The reverse Mortgage Capacity Assessment
- 22 August 2018
I have received an increasing number of enquiries recently from individuals and solicitors in need of what I have come to call a ‘Reverse Mortgage Capacity Assessment’. This is where the amount of mortgage lending required is already known and what I am instructed to explore is how much income will be required to achieve the required level of borrowing.
The importance of paying your mortgage and other debt during divorce
- 09 May 2018
During the emotional upheaval of divorce it can be easy to let things slip, but forgetting or refusing to deal with debts and liabilities can have long lasting effects and should never be ignored.
'Silver separators' - could a lifetime mortgage help your divorce?
- 21 March 2018
I have seen an increasing number of enquiries for Mortgage Capacity Assessments from clients going through Divorce who are aged 60 and over in recent months. Whilst Divorce at any time in life is difficult it presents a number of additional and unique challenges for those approaching, or already in retirement.
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