Paul Flavin

Comment

The two-year fix isn’t advice. It’s a diary entry

5.98%. That was the average two-year fix on 5 October, according to Moneyfacts, the highest since mid-December 2023. The average five-year fix: 6.00%. On those averages the gap is about £3 a month on a £250,000 repayment mortgage over 25 years. Less than a sandwich. So,...
First-time buyers

Alternative strategies for buying in high-growth property areas

For first-time buyers a Lifetime ISA can be a useful way to build a house deposit, with a 25% government bonus on eligible savings of up to £4,000 a year. However, the scheme comes with conditions, including a £450,000 property price cap and a 25%...

Keep exploring

Comment

Only one in five of your clients thinks your fee was justified

You know the moment. 40 minutes in. Gone well. They like you, you like...
Business

Brokers are losing the attention battle 1,000 to 3

Take a client you placed on a 5-year fix last year. Over the life...
Business

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a...
Advice

Reactive is not a business strategy

I was reading a piece of market commentary last week about what’s defined the...
Advice

Your clients aren’t being stolen… they’re being handed over

Let's be honest about something the industry won't say out loud. Lenders going direct...
Business

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready...
Advice

Approvals hit a 2.5-year low: When broker value gets proven – or missed

Net mortgage approvals dropped to 56,200 in May – the lowest since December 2023...
Artificial Intelligence

If you motivate an idiot you just get stupid things done quicker

There's a lot of excitement about artificial intelligence in the mortgage industry right now....
Cover

The money sitting in your back pocket that you keep forgetting to pick up

Let me give you a number. Almost half of UK mortgage holders would struggle...
Fixed rates

The 1.8 million problem nobody’s talking about

There's a number that should be keeping every mortgage firm owner awake right now....

Latest articles

Comment

The two-year fix isn’t advice. It’s a diary entry

5.98%. That was the average two-year fix on 5 October, according to Moneyfacts, the...
First-time buyers

Alternative strategies for buying in high-growth property areas

For first-time buyers a Lifetime ISA can be a useful way to build a...
News

Employers struggle to engage staff with financial wellbeing support

Only 12% of employees have used financial wellbeing support provided by their employer, despite...
News

Defaqto extends Matrix 360 to protection and wealth providers

Defaqto has broadened its Matrix 360 market intelligence platform to cover wealth management and...