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 […]
A Comprehensive Guide to Buy-to-Let Mortgages and Life Insurance for Investors
Property investment remains a popular wealth-building strategy, but recent changes in tax laws and lending criteria mean that buy-to-let investors must be more informed than ever.
Navigating the Residential Mortgage Landscape in 2024
In today’s dynamic financial environment, securing the right residential mortgage is essential for homebuyers looking to maximise their investment.
The Autumn Budget 2024 – What Homebuyers and Investors Need to Know
The UK’s autumn budget is a pivotal event in the financial calendar, especially for those in the housing market. This year’s budget brings several changes that could significantly impact first-time buyers and property investors alike.
