POWER OF NUMBERS

On paper UK Seafarers look like the ideal mortgage candidate. Impressive income, little in the way of bills, and no tax liability leave plenty of room for a monthly mortgage payment. When examined further under the new rules of affordability, once again... Read more...

The housing market has got off to a positive start in 2018, with the average house price of newly marketed properties, rising by 0.8% (£2,414) to £300,001.Rightmove (which tracks 90% of the UK property market) have seen ‘record’ levels of house-hunting activity and demand for housing... Read more...

There is one certainty of 2018; rates will go up and borrowing is going to become more expensive.

Last Thursday Mark Carney, governor of the Bank Of England announced that earlier and larger interest rate rises throughout 2018 are likely. The aim is to tackle UK inflation, the effect... Read more...

They say that you make you own luck in life, but we all need a helping hand once in a while. At Mortgages For Yacht Crew we recognise how our clients have helped us grow our business by referring friends & colleagues. In recognition of all your help, we would like to extend an offer to you by... Read more...

At Mortgages For Yacht Crew we understand that Seafarers don’t always fit the mould for high street lending. Being paid in foreign currencies, not receiving payslips and having limited outgoings can make most lenders run as fast as they can in the other direction. We recognised this... Read more...

If you ever speak with a Financial Adviser about investing in property they will probably say that it offers good returns, but is terrible in terms of tax planning! They were probably right, until the Chancellor of the Exchequer made sweeping changes to Stamp Duty for first time buyers in last... Read more...

The Bank of England have today raised the UK Interest Rates from 0.25% to 0.5%.

Despite the decision not being a unanimous vote, the bank obviously had a change of heart and reversed August 2016’s rate reduction in an attempt to support the economy following the Brexit vote.

Buy to Let Investments have always been a staple when it comes to investments in the UK. The recent changes to mortgage tax relief and stamp duty by George Osbourne have shaken investors beliefs in this asset class. However, these tax changes will not affect Seafarers in the same way and below... Read more...

Everyone remembers the day they received the call or email to say their mortgage application had been successfully approved! This short guide will hopefully ensure that more of you receive this good news:

Appoint an Advisor: It is important you appoint a mortgage... Read more...