Back to Top

At Bloomfield Financial our primary aim is to help you make sense of your finances so that you can make the best deciscions possible both now and  in the future.

We have tried to put as much information on this webiste as possible to explain what we can do for you and what it costs as we believe strongly in being transparrent in all things.

If you can't find the information you are looking for then please don't hesitate to give us a call on 0191 406 6453 or drop an email to office@bloomfieldfinancial.co.uk

John & Dee Bloomfield

Government Launch Mortgage Charter

authoricon dateicon

Inflation word on calculator with interest rate hike consideration form Global Economics and Inflation Control US dollar inflation and the income crisis

Earlier last week the Government announced a Mortgage Charter to help borrowers who were struggling with the increase in interest rates.

30 Lenders have signed up to this Charter and they represent approximately 85% of the mortgage market and these include Barclays, Natwest, Virgin Money, Newcastle Building Society to name but a few.

So what is the Mortgage Charter?

Mortgages: Be Prepared!

authoricon dateicon

Young boy scout with stick showing open palm and three fingers put together during his backpack trip

Be prepared

That is the best piece I would give anyone who is looking for a mortgage at present!

Most people are aware of the current economic climate and how much the cost of everything has increased by! It was expected that inflation would have decreased in May, however it was announced in the news today that this did not happen and remained the same at 8.7%

Page 1 of 15

 

Important Info: Mortgages

Please remember your home or property may be repossessed if you do not keep up repayments on your mortgage.

 

We give clients the option to pay for mortgage advice by fee rather than commission.

 

The FCA does not regulate all Buy to Let mortgages.

 

Important Info: Investments

Past performance is not a reliable indicator of future results.

 

The value of investments, and the income from them, may fall or rise.

 

Your capital at risk. Investments can fluctuate in value and investors may not get the amount back they invest.

 

 

Important Info: Regulations

The Financial Conduct Authority does not regulate, Will Writing, Buy to Let Mortgages, Tax Advice and Estate Planning.

 

Tax rules can change at any time.