For years the most widely used and popular fixed rate mortgage deal out there was the 2-year fix. However, recently the 5-year fixed rate mortgage is rapidly gaining popularity amongst home owners/purchasers, and it looks set to take the 2-year’s crown very soon.
Consumers are now... Read more...
“Being employed at sea and paid in dollars I was struggling with finding a competitive mortgage.Not only with the banks but with the normal brokers.Luckily, I stumbled upon Mortgages For Yacht Crew and they helped find me a good mortgage deal.
I found the service prompt, professional... Read more...
The fact that England is doing so well in the World Cup has far reaching consequences, other than the more obvious increase on spending in pubs and alcohol sales!
The central bank’s chief economist is citing the growth in recent consumer spending as a result of England’s unexpected ... Read more...
Becoming a landlord for the first time last year, Clare Viner (Mortgages for Yacht Crew) went on a steep learning curve on the legalities involved when renting out properties and took away a valuable lesson in following the correct procedure from the outset.
Clare wanted to sell the... Read more...
“I had heard so many stories from fellow seafarers on the difficulties of acquiring a mortgage.
For me this was quite the opposite, Clare Viner at Mortgages for Yacht Crew made the whole process of purchasing a property painless.
Without her I would have gone from one... Read more...
There seems to be a lot of myths and misunderstanding surrounding mortgages and yacht crew. The 5 main myths that pop up all the time when initially speaking to clients:
1. I need a permanent contract in order to get a mortgage?
False: If you have fixed term contracts, and... Read more...
Thankfully, the tax changes on buy to let properties, put into place by George Osbourne will not affect seafarers in the same way, here, we explain why:
Changes to the way finance costs can be offset against rental income will mean, over the next 5 years, landlords will gradually see... Read more...
One of the largest impacts on your overall profit is the payment of capital gains tax to HMRC. This is a tax levied on all properties that are not your main residence. So this doesn’t just affect Buy to let’s but also 2nd homes and holiday homes anywhere in the world (you can currently... Read more...
One of the real stings when making money out of investment property is stamp duty, especially since the government increased this on the purchase of a 2nd property back in 2016 (both buy to lets and holiday homes count).It is often a cost that is overlooked when starting out on... Read more...
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Changes to data protection regulations mean that, even though you are already on our mailing list, you now need to tell us if you would no longer like to continue receiving our communications. If we don’t hear... Read more...