John Earnshaw Independent Financial Advisers Ltd

After another record year here at John Earnshaw IFA Ltd we are getting back into the swing of things after the festive season and ready to tackle 2020. Client motivation to switch their mortgage is at an 11 year high with an average 2.59% gap between standard variable rates & two year fixed rates across the market according to MoneyFacts. Failing to re-mortgage could cost borrowers on average £3,000 over a 12 month period. An article on the mortgage introducer website outlin...ed that nearly half of all borrowers [45%] increased their total loan size in September 2019 alone. It’s never been easier or cheaper to re-mortgage whether you need to consolidate unsecured debt [credit cards / bank loans etc] or for home improvements – give us a call to see what we can do to help you today! Fee free initial consultation – late appointments available. Tel – 01253 890514
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Christmas do tonight at Blackpool Tower Ballroom 🥂🎄

CHRISTMAS is a time for GIVING. Our mortgage adviser Sarah Tomlinson has nominated a local charity to be in with the chance to receive £1000, just in time for Christmas! Read more here… Skipton Building Society have recently offered the opportunity for 40 charities to receive £1000 through Community Giving: They help people into homes every day and couldn't do it without our support, so Community Giving is their way of giving something back. Sarah nominated our local charit...y StreetLife and they were one of the 40 charities chosen to receive £1000 just in time for Christmas! Skipton had 40 donations to give away and their judges had the difficult decision of deciding which causes would receive one of the 40 donations from the high volume and standard of nominations received. They enjoyed reading about how passionately we feel about the cause and what a difference this donation is likely to make.
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Two of our mortgage advisers Sarah & Kathryn taking part in the annual Santa Dash down the prom in aid of Trinity Hospice!

We would just like to thank everyone who popped into our office on Friday & donated to our cake sale for McMillan we raised an amazing £130.00 💚 #McmillanCoffeeMorning #LetsBeatCancer

The girls have been busy baking all night! Pop in to our office to support our McMillan cake sale! 😋🍰

Don’t forget to pop by our office tomorrow we are hosting a McMillan coffee morning & cake sale 9-12 , raising money for a very good cause 💚 All welcome! Please share!

A few specialist areas we offer advice on here at John Earnshaw IFA Ltd
Later Life Lending : Mortgage coming to an end at 65? Had an interest only mortgage and don’t have the funds to repay? The later life lending market is expected to almost double by 2029 as 75% of over-55s hold most of the UK’s property wealth... Average rates have fallen below 5% for the first time on record, deals have plunged to the lowest level since 2007. The equity release market has evolved considerably over the years, with choice increasing and rates reducing as a result – the market has become much more accommodating to prospective borrowers. There are various options available with more and more providers coming on board and we are here to help point you in the right direction.
Buy to Let for Portfolio Landlords : We are finding that portfolio landlords are increasingly in need of specialist advice. Many are buying properties through a Limited Company structure which has various tax advantages. The portfolio landlord sector can be a minefield. It is vital to get the right independent advice with your portfolio.
Help to Buy : We are arranging finance for a lot of new build purchases. Many buyers are pleasantly surprised at how affordable a new build purchase can be, when factoring in the help to buy element. We explain the advantages and potential disadvantages of this type of scheme. We can also help with the help to buy application itself as the sales office on site seem unwilling to co-operate on many occasions.
Re-mortgaging : The deals on offer are exceptional at present. There has been a big upsurge in the take up of 5 year fixed rates this year. There are many reasons to re-mortgage, whether that be to raise capital for various purposes or simply to lock in and secure a good low rate for the foreseeable.
We also provide independent advice on income protection, life & critical insurance, 95% mortgages, the self-employed who have complex income streams and people with adverse credit.
No query is too complex for us! If you’d like to arrange a fee free initial consultation with one of our independent advisers please do not hesitate to contact us on 01253 890514. We are open 5 days a week, with late night appointments available & we are also able to offer telephone appointments if you are unable to get to our office.
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We are hosting a McMillan Coffee morning at our office on Friday 27th September. Our staff will be having a ‘cake off’ you can guess who you think will win for a small donation! Who will bring the best bake to the table? Or will they buy their way to the top? Feel free to pop in for a coffee & a cake with us between 9-12. All donations made will go to McMillan cancer support. #LetsBeatCancer #McMillanCoffeeMorning

Our girls off to the Grand National at Aintree for Kathryn’s Hen do! 👰🏽🥂

Christmas party at The Tower Ballroom ✨🍸

Charity quiz night at Singleton Lodge with part of the team 💪🤣

Great party for Lynne’s 50th! #topteam

Hi Everyone
This year is just getting busier and busier. Last month we arranged over 100 mortgages which has been the case for some time now.
We are inundated with enquiries and are eternally grateful to the estate agents, accountants, solicitors and existing clients who recommend our services. We arrange mortgages all over the UK as face to face appointments are not always essential. Last month alone we have arranged mortgages in London, Coventry, Norwich, Durham, Portsmout...h and Brighton. Typical cases recently involved portfolio landlords, complex buy to let cases, various forms of self employed income, adverse credit, new build help to buy, reliance on benefit income and unusual property types. There has also been an upsurge in people reviewing their protection needs with an increase in critical illness insurance in particular being taken out. We have a great team here who all do their utmost to get you the outcome you want. An example of a recent remortgage case is as follows: Mr & Mrs T from Thornton-Cleveleys bought their house for £130,000 in June 2016. They put down a 10% deposit, borrowing £117,000 over a 40 year term. They fixed it for 2 years at 3.89% with the monthly mortgage payment being £481.01 per month. They have recently remortgaged for the existing loan amount of £114,500 on a fee free 5 year fixed rate of 2.24% over a term of 25 years, reducing their remaining term by 13 years! The new monthly mortgage payment is £498.80 per month. They are obviously delighted to be fixing the interest rate for 5 years at a similar monthly payment to what they were paying and reducing the mortgage term by 13 years!
With the Bank of England base rate having increased from 0.5% to 0.75% now would be a good time to review your mortgage and perhaps consider a longer term fixed rate.
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We’re very fortunate in getting wine and spirits dropped off fairly regularly by clients as a thank you. Well today we’ve had duck eggs and double yolker pheasant eggs dropped off. We feel it’s an egg-stremely good idea. Thank you Mr H.

We have just had a remortgage complete from application to completion in 14 working days. Well done team!