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Throughout #TalkMoneyWeek we put together some examples of various financial areas that we can provide assistance with.  To help explain, we have highlighted different members of our team and what they might be interested in, depending on their age group and current stage of life.

Lucy Reay is a first-time buyer.  Here are some of the questions that might affect her:

• How much can I borrow?
• How much will it cost?
• How do I get my credit score up?
• How much deposit will I need?
• How long can I have the mortgage for?
• Is it affordable?

How can we help?

🏡 Advise Lucy on a Lifetime ISA (LISA) to save for her deposit.  This would be beneficial to Lucy as a LISA lets you save up to £4,000 every tax year towards a first home or your retirement, with the government adding a 25% bonus on top of what you save.  In addition, she will earn interest on whatever she saves, and as it’s an ISA, that interest is tax-free

🏡 We would help Lucy by searching the whole of the market and recommending the best deal for her mortgage.  This can also increase her chances of being accepted for a mortgage as they will have better knowledge of which lenders are best suited to her circumstances

🏡 We can also advise her about income protection, critical illness, and life cover to protect her new asset or herself

If you feel you would benefit from mortgage advice, we have a team with a wealth of experience in our Dalston, Dumfries, Penrith and Workington offices.  They can take the time to understand your unique requirements and discuss your options.

Why not get in touch with our team of experts?