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...
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...
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...
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...
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...