UK Mortgage and Housing Market Update – October 2025
UK Mortgage and Housing Market Update – October 2025 This update draws on the latest data from sources including the Bank of England,Nationwide, Halifax, and industry reports to give you a clear picture of marketmovements. Feel free to relay relevant insights to your clients to help them navigatethe current landscape. Key Highlights Interest Rate Developments […]
Don’t Settle for a Limited Panel: What Whole of Market Advice Gives You
Understanding why lender access matters when securing the right mortgage When it comes to finding a mortgage, not all advice is created equal. Some advisers can only offer products from a small selection of lenders. Others are tied to specific banks or panels. But at NOVUS Financial Solutions, we are proud to be a whole […]
UK Mortgage and Housing Market Update – September 2025
UK Mortgage and Housing Market Update – September 2025 Key Highlights Interest Rate Developments The Bank of England maintained its base rate at 4.00% following the Monetary Policy Committee’s decision on September 18, 2025, after a 0.25% cut in August. The vote was 7-2 to hold, with policymakers citing persistent inflation concerns balanced against economic […]
Self-Employed and Looking for a Mortgage? Here’s What You Need to Know
Why expert advice matters when your income isn’t as simple as PAYE If you’re self-employed, a contractor, or running your own business, applying for a mortgage can feel like an uphill battle. Lenders don’t always make it easy — and the criteria can vary widely from one provider to another. At NOVUS Financial Solutions, we specialise […]
Spring is Coming—Is It Time to Unlock Funds for Home Improvements?
With spring just around the corner, many of us are beginning to think about fresh starts. The longer days and warmer weather can be the perfect backdrop for tackling those long-planned home improvement projects. Whether you’re dreaming of a sleek new kitchen, a spacious extension, or simply updating tired spaces, now could be a smart […]
What the Bank of England Base Rate Change Means for Homeowners
The Bank of England’s recent adjustment to its base rate has stirred conversations among mortgage holders across the UK—and for good reason. Changes in the base rate ripple through the financial landscape, directly impacting the cost of borrowing and monthly mortgage payments for many homeowners. Whether you’re currently locked into a fixed-rate mortgage or riding […]
How the End of the Tax Year Affects Landlords and Buy-to-Let Investors
As the tax year draws to a close, landlords and buy-to-let investors should take some time to review their financial situation and prepare for key deadlines. While tax-related matters are best handled by professional tax advisors, it’s still beneficial to understand your obligations and stay informed about changes that may affect your investments. At Novus […]
Top Tips for First-Time Homebuyers
Buying your first home is an exciting milestone, but it can also feel like stepping into uncharted waters. With so many decisions to make, it’s easy to feel overwhelmed. At Novus Financial Solutions, we understand that your first steps on the property ladder come with plenty of questions and challenges. That’s why we’re here to […]
UK House Prices Are Shifting—What Does This Mean for Your Mortgage?
The UK housing market is undergoing an important transformation. Although house prices continue to rise, the pace of growth has slowed compared to previous years. Recent data highlights a 3.3% annual increase in property prices, bringing the average UK house price to £290,000 as of November 2024. At the same time, the number of property […]
Preparing for the End of the Tax Year as a Self-Employed Individual
The end of the tax year is a busy time for everyone, but if you’re self-employed, it comes with a unique set of challenges—especially if you’re thinking about applying for a mortgage. At Novus Financial Solutions, we understand that navigating the mortgage process can feel daunting when you’re self-employed. Lenders often scrutinise financial records more […]
