Three in five first-time buyers depend on the bank of mum and dad in order to get onto the property ladder, according to research by Just Group. In the last five years, 61 per cent of FTBs relied on financial help from relatives in order to purchase a property. In comparison, just 20 per cent of FTBs relied on financial assistance from relatives 30 years ago.
A recent BBC Panorama investigation has put some estate agents under scrutiny for pressuring buyers into using their in-house mortgage brokers - sometimes at the cost of better deals and independent advice. At Skyline, we believe in doing things the right way. No pressure. No hidden agendas. Just honest, whole-of-market mortgage advice that puts your interests first.
The Bank of England has cut the base rate to 4.25%, opening up fresh opportunities for homeowners, first-time buyers, and those nearing the end of a fixed-rate deal. In this blog, we explore what the change means for you, what’s happening in the mortgage market, and how Skyline can help you stay one step ahead.
Without a legally valid Will, you risk leaving your loved ones in a difficult position where the government decides how your estate is divided. The same applies if you lose mental capacity without an LPA in place. Your family may struggle to manage your affairs. This is why estate planning is one of the most valuable gifts you can give your family.
