News and Views

As Path Mortgages approaches 2 years old this summer, we are ever so grateful for the trust and support we have received from our clients.

Thank you to the people of Market Deeping, Stamford, Bourne, Peterborough, and the surrounding areas.

In the labyrinth of real estate transactions, few things are as pivotal as securing the right mortgage. It’s not just about numbers and percentages; it’s about trust, guidance, and a seamless journey towards homeownership. Enter the Mortgage Adviser, the unsung hero in the realm of property acquisition, who goes above and beyond to ensure their clients not only get the best deal but also navigate the complex terrain with ease and confidence.

Path Mortgages proudly announces the appointment of Philip Greaves, an experienced and award-winning Mortgage Adviser. With an impressive track record spanning years of experience in the industry, Phil brings invaluable expertise to the table, furthering Path Mortgages’ commitment to excellence in customer service.

It was a disappointing Spring Budget for anyone looking to get onto the housing ladder. There was a distinct lack of announcements concerning Lifetime ISAs (contrary to expectations), no replacement for Help to Buy and no changes to Stamp Duty thresholds, a disappointment for many.

Eager home sellers got the year off to a good start before it had even begun, with over 10,000 properties put up for sale on Boxing Day 2023 – the highest number of new listings in one day since 20111. This momentum carried over into the new year as estate agents received a record number of requests for in-person home valuations in January.

Insurers paid out £352m to cover property damage caused by the three storms in October and November 2023.

In an exciting development for our community, Path Mortgages has recently opened a new office at Eventus in Market Deeping. This strategic move aims to better serve the local community and provide individuals and families with tailored financial solutions.

On 22 November, Jeremy Hunt outlined 110 growth measureswhich he said would boost business investment by £20bn a year, as part of the Autumn Statement.In an effort to get the economy “back on track” his package of measures are intended to cut business taxes, raise business investment and get more people into work, in what he declared, “An Autumn Statement for Growth.”

“It pays to be green” and so there are several lenders in the marketplace who are looking to do their bit to encourage us to buy green homes or to improve the energy efficiency of our current homes.

For a variety of reasons, you may find that you have additional funds available in a given month or at a particular time.

We are delighted to announce that our new business, Path Mortgages, has officially been established in August 2022