Major Financial Services

📉 Bank of England Base Rate Update 📉

Good news for homeowners! The BOE has kept the base rate unchanged today, offering some stability in the mortgage market.

✅ For those with variable or tracker mortgages, your payments should remain the same for now.
✅ If you're looking to buy or remortgage, it’s a great time to explore competitive deals!
✅ If you're on a fixed-rate mortgage, keep an eye on the market as your renewal approaches.

💬 Have questions about how this impacts your mortgage? Drop us a message or check out our latest blog for more details!

Bank of England Base Rate Decision: What It Means for Mortgage Rates Today, the Bank of England (BOE) announced that the base rate will remain unchanged. This decision has significant implications for the housing market and mortgage borrowers. Let’s take a closer look at what this means for those with existing mortgages or those looking to secure a new deal.What is...

Thinking about buying a property? 🏡 Big changes to Stamp Duty are coming in April 2025, and they could cost buyers more. Take a look at our latest blog post to see how it might affect you! 👀👇

Stamp Duty Changes Coming in April 2025 What is stamp duty?Stamp duty, or Stamp Duty Land Tax (SDLT), is a government tax which is paid by the buyer of a property, as a lump sum upon completion. It is paid by buyers who are purchasing a property or land over a certain price bracket.The amount of SDLT liability depends on several factors,....

🏡💡 Do I Need Life Insurance to Buy or Remortgage a Property?

Wondering if life insurance is a must when purchasing or remortgaging your home? While it's not always a legal requirement, it could be a smart way to protect your loved ones and your investment.

Find out what lenders expect and whether life insurance is the right choice for you in my latest blog 👇

Do I Need Life Insurance to Purchase or Remortgage a Property? When purchasing or remortgaging a property, one of the common questions people ask is whether life insurance is a requirement as part of the mortgage process. While life insurance is not a legal obligation to secure a mortgage, it is highly recommended to ensure your loved ones are financially prote...

Planning to buy a home or refinance in 2025? 🏡💭 The big question: will mortgage rates drop? Let’s dive into the factors that could make it happen! 📉👇

Blog | Major Financial There may be a fee for arranging a mortgage and the precise amount will depend on your circumstances. This will typically be £395. Lucy Baldwin trading as Major Financial Services is a business partner of LOVEmortgages which is a trading style of 2M Financial Services Ltd is authorised and regulate...