-
Renovation over relocation
Updated by Advisory Financial Services on Tuesday, November 18, 2025Millions of UK homeowners are choosing to renovate their existing home instead of moving.
In England and Wales, about 1.7 million homes (one in 15 properties) have undergone significant renovation work. These homes are marked with ‘official improvement indicators’, showing that they have had major …
-
When to review your life cover
Updated by Advisory Financial Services on Wednesday, October 22, 2025Life cover is designed to provide loved ones with essential financial protection when it is needed most. But it’s not just a one-off decision - it’s important to review and update your policy regularly, especially after experiencing any key life events that may change your circumstances.
Buying a h…
-
How much deposit do I need
Updated by Advisory Financial Services on Friday, July 25, 2025The minimum deposit you typically need for a mortgage is 5% of the property's purchase price, but the exact amount depends on several factors like your credit history, income, the lender, and the type of mortgage. A mortgage broker will be able to analyse your personal circumstances and re… -
How much can I borrow
Updated by Advisory Financial Services on Friday, July 4, 2025The amount you can borrow for a mortgage depends on several factors, but the primary one is typically your income. Lenders use a formula based on your annual income to determine how much they’re willing to lend you.
Lenders generally offer 4 to 4.5 times your annual income (before tax). For example…
-
When should I start to think about remortgaging
Updated by Advisory Financial Services on Wednesday, June 18, 2025When should I start to think about remortgagingYou should start thinking about remortgaging around 3 to 6 months before your current mortgage deal ends. This gives you enough time get advice from a mortgage broker who will be able discuss the options available and secure a new deal wi…