June 9th 2021
Property portal Zoopla has suggested, in its latest House Price Index(*), that 1.5 million homes will be changing hands this year - 45% more than in 2020 - meaning competition amongst buyers could be strong. Here we explain how, by gaining a mortgage in principle, you could place yourself in a better position to buy a property and we also answer questions about what might happen once you have one.
April 6th 2021
As lockdown restrictions begin to ease its understandable why many buyers are flooding to the market eager to find a new home and who, in turn, are looking to find a mortgage to help them in buying one. With such high demand for property (*), and time often being of the essence, we’ve been asked how long it takes to complete a mortgage application and when you should do it. Here we provide the answers.
April 5th 2021
In times gone by it was hard to secure a mortgage in your 50s for a term that extended beyond the state pension age of 60 or 65 with many lenders fearing that, post retirement, the borrower may find it hard to maintain their mortgage payments. Fast forward to 2021 and the world is a different place.
March 12th 2021
We’re delighted to report that Embrace Financial Services (EFS) has been shortlisted to win a 2021 Mortgage Award, one of the most sought after awards in the financial services industry.
March 3rd 2021
A new mortgage guarantee scheme has been announced by the government which offers the chance for buyers with a deposit of just 5% to purchase a property. Here we provide information and answer some questions you may have about it:
January 7th 2021
Results from a recent national survey (*) have highlighted that literally hundreds of thousands of tenants in England and Wales could now be in rent arrears as a result of the current Covid-19 crisis.
January 4th 2021
For anyone thinking about buying a property the overriding questions are probably going to be whether you’ll be able to afford it and how much deposit you’ll need to pay. Talking it over with family or friends, or even accessing an online budget planner, might help initially but there are also government schemes that could assist you. Here we provide a round-up of what’s on offer.
January 4th 2021
Embrace Financial Services can now more easily find a mortgage to suit your individual needs, whatever they may be.
Embrace Financial Services (EFS) already has a great range of mortgage products and deals to choose from when helping customers to find a mortgage and yet, knowing that each and every customer has their own individual needs and requirements, it also knows the bigger the range it has, the more options become available. It’s for that reason that EFS is delighted to announce that three more lenders have joined its Lender Panel.
January 1st 2021
Some might think that the chances of getting a mortgage if you are self-employed or a contractor, at the current time, are slim but that’s not necessarily the case. Many lenders, including many of the well-known ones, have a real appetite to help the self-employed, but, as Embrace Financial Services highlight, it’s all about being open and transparent with the information you provide and answering the questions the lenders may ask, for example:
November 25th 2020
At the start of 2020 few of us will have anticipated the upheaval and distress that this year would bring and for some, as it comes to an end, there’s continued uncertainty about their finances and, in particular, their mortgage repayments and how they can afford them in the future.
November 24th 2020
Whilst the current Covid-19 crisis continues to create uncertainty across the UK there’s been some more positive news for those looking to buy or sell a property with the government confirming that the housing market will remain open and that, importantly, transactions should keep moving.
September 28th 2020
In these unpredictable times personal finances may have come under the spotlight a little more than we’d anticipated at the start of the year and for some the carefree thoughts of holidays abroad, extravagant shopping trips or even a good night out with friends have been replaced with worries about whether you are making the best use of the money you still have and where further savings could be made.