House Prices And Mortgages In Sutton Coldfield

Mortgages in Sutton ColdfieldAfter many years of rising prices, the UK housing market is showing signs of a slowdown, but this is still a good time to look for mortgages in Sutton Coldfield. Figures from the Halifax House Price Index1 show that mortgage approvals are down and transaction levels have fallen.  Russell Galley, Halifax Managing Director has said that house prices remain broadly flat, and the annual rate of growth has slowed to 1.8% in February which is the lowest rate of growth since March 2013.

Although house prices are flat, if you are looking at mortgages in Sutton Coldfield you should still bear in mind that employment levels are remaining high, and mortgage rates low by historic standards. And, importantly, none of the major mortgage lenders is currently expecting prices to stage a major decline.

So if you already have a home loan and are looking to move the price you get for your house could well be balanced out by the price you pay for your new home.

As house prices are flat you may be thinking about home improvements or building an extension, so you might still be looking at mortgages in Sutton Coldfield. It is also worth pointing out that if you already have a mortgage we recommend that you review this from time to time to make sure you have the right mortgage for you, especially if over the years your circumstances have changed.

Your home may be repossessed if you do not keep up repayments on the mortgage.

At Four Oaks Financial Services our Advisers are experts in searching out the most appropriate mortgage for your specific individual circumstances. We work with a wide range of lenders, some of whom are not found on the high street.

Your first meeting with one of our qualified mortgage Advisers for mortgages in Sutton Coldfield is at our cost and without obligation. Please call us to discuss your requirements.

1 Halifax House Price Index, March 2018

Looking For Life Insurance In Sutton Coldfield?

Life Insurancer Sutton Coldfield
Looking for Life Insurance In Sutton Coldfield?

If you are looking for Life Insurance and you live in Sutton Coldfield or you work in the town, we are ideally placed to help you. Our modern office, which has on-site free car parking, is situated nearby and we think it is always better to get local financial advice from Financial Advisers in Sutton Coldfield or close by for any kind of financial planning.

Most people take out their first life insurance policy when they take out their first mortgage. We recommend that you don’t just leave this in a drawer somewhere.  We advise our clients to review their policy on a regular basis for two main reasons.

Firstly, your circumstances may have changed and the current policy may not pay out enough money for your family to pay off the mortgage or meet their bills, should you die.

Secondly, new policies are regularly coming onto the market and if you don’t review your policy you could be paying more than you need to.

At Four Oaks Financial Services all of our Advisers are qualified to give financial advice to you on a wide range of protection products, including life insurance. You will never find yourself talking to a call centre, because we are a real firm with real Advisers who will meet with you face-to-face to provide advice on life insurance and if you are in Sutton Coldfield, then it is very convenient for us to visit you in your home or at our office.

The way Life insurance works is it provides a lump sum on your death, unless you bundle it with critical illness or wider protection insurance, which can provide cover if you have an accident as well as sickness.

It can also be a good idea to write your life policy ‘in trust’. This is a simple formality that ensures that the proceeds would go directly to your beneficiaries when you die.  This could avoid inheritance tax and the need to obtain probate before the funds are payable.  This would be exceptionally useful if your family needed access to the funds from your life insurance policy to pay off the mortgage on your home in Sutton Coldfield or pay other essential bills.

Your first meeting with one of our Advisers is at our cost and without obligation. Please call us to discuss your requirements.

Your home may be repossessed if you do not keep up repayments on the mortgage.

This Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance and other products designed to protect you against the loss of income. For impartial information about insurance, please visit the website at

Top Tips For First Time Buyers On Getting A Mortgage In Tamworth

Mortgage Advice Tamworth There are three top priority things to think about when you are looking to get your first mortgage whether you live in Tamworth or the surrounding areas.

Firstly, plan ahead. At least six months ahead.  Secondly, get local professional financial advice and thirdly, make sure your finances are in order.  All of these things are equally important in our view.

You need to plan ahead because you need to make sure your finances are in a good place to be scrutinized by a prospective lender. Our mortgage advisers provide advice in Tamworth and across the area, and they suggest that you don’t make any new credit applications in the six months before you apply for your first time buyer mortgage.  It is also important to keep up to date with credit card payments, mobile phone contacts and other monthly bills.  This will show that you are a reliable and responsible borrower.  You could also cancel any monthly subscriptions that you no longer use such as a gym membership, and cut down on the amount you spend on non-essential items or entertainment in the months running up to applying for your mortgage.

We also believe that professional local advice is essential. We can search many different lenders across the UK mortgages sector to find the mortgage most appropriate for your specific needs.  Also, because our mortgage advisers are local people based at our office near Tamworth they know the area, they know the local estate agents and other professionals such as surveyors and solicitors and will hold your hand throughout the process from applying for your mortgage through to the day you move in.  And, we hope your relationship with us doesn’t end there.  We hope that you will seek the help of one of our financial advisers on other financial planning requirements you may have from time to time.

Your first meeting with one of our mortgage advisers is at our cost and without obligation. So get in touch and make an appointment to talk about your options.

Your home may be repossessed if you do not keep up repayments on the mortgage.

Looking For Life Insurance In Tamworth?

Life Insurance TamworthWe always recommend getting local financial advice from a trusted local financial adviser. If you live in the Tamworth area and you are looking for Life Insurance, look no further than Four Oaks Financial Services.  All of our Advisers are qualified to give financial protection advice.

Thinking about life insurance is not a nice task. But if you want to ensure that your family can still afford to live if you die, then it is sensible task.  You may not know this, but critical illness insurance can often be combined with life insurance and this can provide a cash sum on the diagnosis of a serious illness.  In other words. you don’t have to die to benefit from this kind of combined policy, and you can concentrate on treatment and getting better, rather than worrying about money.

Protecting a mortgage is one of the most common reasons why people take out life insurance, because they want to make sure their family can keep the roof over their heads if the worst were to happen.

But, there are many other costs to take into account. For example the unpaid duties that a parent just does as a matter of course, such as childcare, cooking and cleaning.  Duties that if you were no longer around would still need to be done but would need to be paid for.  Having life insurance gives your family choices.  Your spouse or partner may want to carry out those unpaid parental duties themselves and getting a pay-out could mean they can afford to work shorter hours or not work at all.

Life insurance provides a lump sum on death, unless you bundle it with critical illness or wider protection insurance, which can cover you for accident as well as sickness.

There is no one-size fits all, and there are a wide range of policies and benefits available. Talking to one of our expert Advisers will help you make the right choices for you and your family in your unique circumstances.

Your first meeting with one of our Advisers is at our cost and without obligation. So get in touch and make an appointment to talk about your options.

Why Do 70% Of Mortgage Seekers Work With A Broker?

Mortgage Advice Lichfield Mortgage Advice Tamworth Mortgage Advice Sutton ColdfieldYour home may be repossessed if you do not keep up repayments on the mortgage.

Sometimes it feels like everything has to be done on-line. But, apparently there is no substitute for the human touch, especially when it comes to getting mortgage advice. More than 70% of people looking for a home loan choose to work with a broker.  If you make the wrong choice you could end up paying hundreds or even thousands of pounds more than you need to pay.

There are a number of choices open to you, including trawling umpteen websites and spending hours putting in applications to a range of lenders. Visiting various high street mortgage lenders one by one, or talking to a knowledgeable Mortgage Adviser about your home loan options.  The latter choice will save considerable time and probably considerable stress.

Advisers like us offer much more than just a transactional service, and because we are local we provide extra insights by providing mortgage advice for Tamworth, mortgage advice for Lichfield and mortgage advice for Sutton Coldfield borrowers.  We can help you find the most suitable mortgage for your circumstances and can help you work out how much you can afford to borrow, and explain what lenders are looking for when they assess your finances.  This may be particularly important if you have not been in your job for very long, have a low deposit or are self-employed.

Mortgages need to fit your unique needs. We can talk you through the features and benefits of different types of home loans and make you aware of any extra fees or early settlement costs.  You see sometimes the headline rate may not actually make the mortgage as attractive as it first seems.  We are experts so let us guide you.  And, when you are ready to make the application that’s when we step and take care of the transactional side of things.

Your first meeting with one of our mortgage advisers is at our cost and without obligation. So get in touch and make an appointment to talk about your options.



When Do You Know You’ve Got Enough Money?

Wouldn’t it be sad if at the end of your life you found you had more money than you would ever spend?  It would be even worse if you had worked for longer than you needed to, or had spent years worrying about having enough money.

Help is at hand! There is a new approach to financial planning called lifestyle financial planning. The knowhow of a qualified financial adviser combined with industry proven technology is now available to help you answer difficult questions like:

  • When will I be able to retire?
  • Can I afford to change career or go part-time?
  • Can I give some money to my children or grand-children and still be able to live comfortably?
  • What rate of investment return do I need to achieve my financial goals?
  • Am I taking more risk with my investments than I need to?
  • What if there is a stock market crash or two, am I still going to be ok?
  • If I downsize to a smaller home in the future will this release enough cash to support or fund my retirement?
  • What will be my estate’s likely inheritance tax bill, and are there ways to reduce this?
  • How can I mitigate tax and optimise the income my investments earn?
  • What of my personal dreams can I realistically achieve?

At Four Oaks we believe that money is only a means to an end.  It is what you want to do with your money that is important part of financial planning.  So don’t resign yourself to the daily slog until the Government retirement age.  Work with one of our Financial Advisers and put yourself in the driving seat with the destination being a happier and more rewarding life and peace of mind!!

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

Tax treatment varies according to individual circumstances and is subject to change.