Tag: impact

Being self-employed should not stop you getting a mortgage

There are many concerns in the current climate relating to job security and especially how lenders look at the self-employed following lockdown with regards to consistency of ongoing income and customer base. The growth of self-employment, contracting and the gig economy has continued to challenge and change the make-up of the UK workforce over the […]

Impact Specialist Finance ‘highly commended’ in the 2020 What Mortgage Awards

Impact Specialist Finance has been highly commended in the Best Specialist Mortgage Broker category at the 2020 What Mortgage Awards, for the second year running. Now in its 27th year, the What Mortgage Awards recognises and rewards the very best businesses in the UK’s mortgage and associated personal finance markets. Due to social distancing restrictions, […]

Lenders attitudes to risk and operational capacity affect higher LTVs

Loan-to-value (LTV) has always played a huge role in the mortgage market, although borrowers can often be unaware of the activity swings going on behind the lending scenes and the reasons for these. Getting back to basics for a moment, LTV is essentially the size of mortgage that a lender is prepared to offer borrowers […]

Are you financially prepared for the year ahead?

And so another year begins, have you made any resolutions?  If not, make one to review your mortgage!  Now that the election is out of the way and we have a ‘clearer’ route to Brexit, lenders will look at their strategies for the next few years and I’m sure somewhere in those plans will be reviewing their […]