Yorkshire Building Society has launched a record low mortgage rate as competition increases but is it worth the high fees.
The cost of five year mortgages has reduced in the last year and now could be the time to fix this rate and inflation proof your budget.
Property price growth in London have reduced and is now 3.7% over the year in contrast to a rise in prices on average in the country.
Amounts of equity released from homes reached £1.24 billion in the second half of 2016 a record level of wealth that continues to growth.
The number of first time buyers relying on the bank of mum and dad has reached a historic high and the trend is set to continue.
Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.
Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.
9th Floor, 30 Crown Place
London, EC2A 4EB
0800 955 0058
London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.