According to the April’s mortgage data, UK homeowners’ borrowing levels were higher than in any month since comparable data began almost thirty years ago – caused in the main by the extended stamp duty holidays and very low mortgage rates.

As we emerge from lockdown Britain, many home owners have moved quickly to beat the tax relief deadlines, or are keen to borrow more to improve their existing property having spent too much time at home in the past year. Combine that desire with very low interest rates and you have an environment where there is greater demand than supply, a scenario in which Estate Agents are witnessing a surge in house prices.

Saving thousands of pounds in Stamp Duty tax is, for many, the opportunity they have been waiting for, but time is not on the side of any movers who find themselves in a complicated chain, or where they need to act quickly to ensure their finances are in shape to make an acceptable offer on the home of their dreams.

Working with an Independent Financial Advisor – someone able to access the best deals across the whole mortgage market rather than from just one or two banks and building societies – ensures you stand the best chance of getting a mortgage that is right for you.

Here at The Financial Planning Group we also have a network of first rate local solicitors to call upon – companies we have worked alongside for years and who give our clients a speedy service in even the tightest of deadlines.

If you are looking to move before the end of June, or are keen to find out more information on the 95% mortgage schemes that were recently launched, call us today so we can find a bespoke product and work to a schedule that will get you across the line in time.

If you would like to find out more our first-rate mortgage and re-mortgage service, please give Steve Padgham a call on 020 8614 4782 or e-mail Steve.Padgham@fpgonline.co.uk.