
The Carbon Blog
The Impact of a Lifetime Mortgage on Inheritance Tax
Whether used to fund retirement income, home improvements, or support family members financially, a lifetime mortgage can provide significant benefits. However, it’s important to consider how it can impact inheritance tax (IHT) and the value of the property you leave behind.
Self-Employed Mortgage: How to Prep
If you’re self-employed and planning to buy a home in 2025, knowing how lenders approach these types of applications can make a big difference.
Preparing for Potential Mortgage Payment Increases in 2025
The Bank of England has warned that mortgage payments for half of homeowners will rise over the next three years, putting 4.4 million households under financial pressure.
Fixed or Tracker: Choosing the Right Option After a Bank Rate Cut
As we approach 2025, the latest interest bank rate cut to 4.75% (November), the lowest level in over a year, gives homeowners and buyers a moment to review their mortgage options.
Important Changes to Stamp Duty: What You Need to Know
As of October 31st, 2024, the Stamp Duty Land Tax (SDLT) surcharge on second homes has risen from 3% to 5% above standard residential rates.
Why is a House Survey Important?
Purchasing a property is a significant milestone for anyone. However, one aspect that is often overlooked is the importance of a survey. So, what is a house survey and why is it important?
Bank Rate: Understanding the Impact of its Fall
The Bank Rate, often referred to as the base rate, is a crucial component of the financial landscape. Set by the Bank of England, it’s the interest rate at which the central bank lends money to commercial banks.
Labour: A New Beginning for the Housing Market
Following Labour’s win in the July 2024 election, whether you are a prospective buyer, renter or landlord, everyone is eager to understand the implications for the housing market.
Navigating the Mortgage Market Ahead of the 2024 Election
As we gear up for the 2024 election, on July 4th, you may be wondering how the political landscape might impact your mortgage options.
Mortgage loan: Affordability & Tips
or many aspiring homeowners, purchasing a property often requires borrowing money through a mortgage. But how much can you realistically afford?
My interest-only mortgage term is ending: What are my options?
Many homeowners who opted for interest-only mortgages several years ago are finding themselves facing the task of deciding the next steps for their mortgages, with their interest-only period coming to an end.
Navigating the mortgage market in 2024.
As the mortgage market continues to evolve, staying informed is key to securing the best deal when purchasing a home.