JUNE 2025 | MONTHLY PRESS COVERAGE ROUND-UP
See what the press is saying about us in this month’s headlines.
ADRIAN ANDERSON 30.06.2025
THE TIMES | HOW CAN I RELEASE EQUITY FROM MY HOME TO PAY FOR SCHOOL FEES?
“Using your mortgage to release equity from your home for renovations, school fees or consolidating debt can be a practical financial decision — but it’s essential to weigh the benefits and long-term implications carefully.
When lenders carry out affordability assessments they usually have to consider any outgoings for school fees, which may limit how much you can borrow. But if you are raising funds to pay for school fees, the lender may exclude this outgoing, meaning you may be able to borrow more, although only a limited number of lenders will consider this.
When making your decision, consider whether it’s more cost-effective to raise funds through a further advance on your existing mortgage deal or a full remortgage. Compare the present interest rate with the new one you would get, and look into any early repayment charges and the costs associated with switching lenders. Always assess the fees charged and the length of the mortgage, as these factors impact the overall amount you will pay.
If you’re looking at an interest-only mortgage, be mindful that while these may come with lower monthly payments, you’ll need a robust repayment strategy for when the deal ends. This is because the capital isn’t reduced over time and you will need to pay it off as a lump sum.
Releasing equity may be a sensible way to fund improving your home, funding education or streamlining debt, but it’s not without risks. The right approach depends on your priorities, financial position, and a clear understanding of the long-term costs and short-term benefits. With careful planning and expert advice from a qualified mortgage adviser, you can ensure that your borrowing decision strengthens your financial position rather than undermines it.” - Adrian Anderson, Managing Director
Read the full article here: https://www.thetimes.com/business-money/money/article/how-can-i-release-equity-from-my-home-to-pay-for-school-fees-0ngxsztt0
THE TELEGRAPH | MAJOR LENDERS RAISE MORTGAGE RATES AHEAD OF REEVES’S SPENDING REVIEW
“I’m not surprised some lenders have increased rates because the cost of borrowing has increased slightly. Markets will be looking closely at the spending review. Rachel Reeves needs to strike a delicate balance between not upsetting the bond market while also not upsetting voters. If it looks like she is going to have to borrow more, that will impact swap rates.” - Adrian Anderson, Managing Director
Read the full article here: https://www.telegraph.co.uk/money/property/mortgages/major-lenders-raise-mortgage-rates-ahead-of-reevess-spendin/?utm_source=chatgpt.com
THE TELEGRAPH| THE homes selling at a £5m discount
“Asking prices are often quite out of sync with reality. Some owners are still expecting to get the prices they could have got during the ‘hot’ Covid market. Many sellers also don’t have to sell. So if someone comes along and pays what they want, they’ll take the offer. Otherwise, they’ll just stay put.” - Adrian Anderson, Managing Director
Read the full article here: https://www.telegraph.co.uk/money/property/house-prices/homes-britain-selling-5m-discount/
YAHOO! FINANCE| how school fees can affect your mortgage borrowing
“In some cases, splitting the funds to maintain both a strong deposit and a ring-fenced education pot is a balanced approach. A qualified mortgage intermediary will be able to help you carry out the pros and cons of each option.
Generally, mainstream high-street lenders tend to be stricter in how they treat school fees, applying them fully as committed outgoings.” - Adrian Anderson, Managing Director