Prestige Financial Solutions

Did you know in Victorian times, windows like this were bricked up because people were window taxed! This is where the term “daylight robbery” came from 😮

Some super cosy looking front room design inspiration ✨✨✨
Picture credit 📸 @gozdee81 .

A big welcome to Rebecca who has joined the Prestige Team 🙌🤗

Thinking of moving home this year? 🚛💨🏡
Miles Shipside, Rightmove’s property expert, suggests 2020 “could well be your year to move” as some political stability leads to renewed confidence in the market.👍
Rightmove monthly traffic is up by 7.2% on the prior year to a new record of over 152 million visits in January, indicating strong pent-up housing demand. Momentum is still growing, with traffic in the first week of February up by 9.2% on the same week in 2019.📈
... Could 2020 be your year to move?🤔
At Prestige Financial we are always here to help ❤️
Message us today with any questions you may have around any aspect of the process 💬
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Unless you have the capacity to work solely from home in a quarantined room, you will have to take a prolonged period off of work.
This would mean a significant drop in income unless you have your income protected.
Message us today to check your current cover is still valid or to get a quote for a new policy 🛡

Agree?❤

A Sunday well spent brings a week of content. Have a great one all :)

🏡As house prices continue to rise, many looking to get onto the housing ladder are finding they have to save for increasingly larger deposits.
🏡While saving for large deposits means that the majority of first-time buyers are in their 30s when they are ready to buy a property, what is less publicised is that after saving for a deposit, would-be first-time buyers could still be rejected for a mortgage.
🏡Being rejected for a mortgage can be a devastating end to the dream of hom...
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The 95% mortgage is back! 😍
This means you may be able to move into the house of your dreams much sooner than you first thought 🏡👏
If you would like to find out whether or not you can apply for a 95% mortgage, simply send us a message today 💬😁

Happy Valentine's Day everyone ⚘💞

🏡Can I get a mortgage in the UK with a poor credit rating?
🏡If you are a first time home buyer in the UK, you will find that the mortgage system differs from the systems in other parts of the world.
🏡Most of the time, you don’t need to have a minimum credit rating to buy a home in the UK. This is why many UK homeowners are younger than, for instance, US homeowners.
... 🏡In the US, many college and university graduates are forced to work for several years to improve and boost their credit status.
🏡The conditions vary from state to state and lender to lender. But, in general, most young Americans have to work hard to establish a credit status.
🏡UK lenders will not extend a mortgage to you if they don’t think that you can pay for it. A thorough credit check will be carried, however, your earnings situation is also taken into account.
🏡Lenders often ask for a couple of payslips, perhaps a P45 from a previous job, or annual tax return.
🏡If you are self-employed in the UK, you may find it harder to get a mortgage. That being said, there are specialist lenders who work with us who specialise in helping self employed.
🏡Traditional Lenders vs Independent Finance Companies
🏡Is your local building society or bank always the best way to go?
🏡When you first start looking into getting a mortgage, it is tempting to stay within what you may call a comfort zone. Despite a varied UK financial services market, most borrowers go down the traditional route.
🏡However, it is often worth your while casting your net a little further afield and explore your options. Financial advisers and independent lenders do a good job of helping to explore different mortgage options. No matter what your mom and dad say, it is best to get as many mortgage quotes as possible to find the right one for you.
🏡Contact us today for more information
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We have set a record for the company today, in taking a case from application (30th January) to completion today!
So a week and 3 days!⚡️
A fantastic example of us, the lender and the solicitors working together for a great result for the client!🍾
... A big well done to everyone involved 👏
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If this doesn't make you smile nothing will 😍

👌😂

If you're going to put in all the work to save for your family's future, you should protect it as well 🛡

🏡"A proportion of new homes will be made available at a 30% market discount rate – turning the dial on the dream of home ownership."
🏡The Government has pushed ahead with a new scheme which will save first-time buyers a third on the cost of local homes.
🏡First announced during the Election campaign, the First Homes scheme will lower deposit and mortgage requirements for local first-time buyers by a third, saving eligible buyers around £100,000 on average.... The discount will be prioritised for veterans and key workers such as nurses, police officers and firefighters.
🏡The average price of a newly-built home in England is £314,000. Under First Homes, a property sold with 30% off this price would deliver a £94,000 saving and take more than £18,000 off a 20% deposit.
🏡The scheme will apply the discount in perpetuity, so when the home is sold a new local buyer will be able to purchase it at a discount as well.
🏡The proposals published today also outline the building of thousands of First Homes, including measures to help release more land.
🏡Additionally, the government is consulting on a new national model for shared ownership by reducing the initial share that has to be bought and then enabling buyers to take further steps in 1% increments instead of having to purchase in chunks of 10%.
🏡Housing Secretary, Robert Jenrick, said: "First Homes will be life-changing for people all over the country looking to buy their first home.
🏡"I know that many who are seeking to buy their own home in their local areas have been forced out due to rising prices. A proportion of new homes will be made available at a 30% market discount rate – turning the dial on the dream of home ownership.
🏡"The discount will be passed on with the sale of the property to future first-time buyers, helping thousands more people in years to come and ensuring local communities can stick together.
🏡Paula Higgins, chief executive of the Homeowners Alliance, added: "We know that first-time buyers will welcome the opportunity to buy a good quality home at a discount in their local area.
🏡"We look forward to contributing to the consultation and working with the government to ensure that the scheme does what it says on the tin - more high quality and affordable local homes for current and future first-time buyers."
💬For more information send us a message today
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Check out our website for details on all the services we offer at Prestige 💻📱
http://www.prestigefinancialsolutions.co. uk

Finland's new government has announced plans to give all parents the same parental leave, in a push to get fathers to spend more time with their children.
Should we do the same? 🤔