News
LATEST NEWS
Keep up to date with our latest news and updates.
The new mortgage guarantee scheme introduces 95% mortgages from 1st April 2021 🏡
With just a 5% deposit needed for homes under £600,000, many first time buyers may now have enough to buy their first homes.
Here's everything you need to know:
With just a 5% deposit needed for homes under £600,000, many first time buyers may now have enough to buy their first homes.
Here's everything you need to know:
pos.li
Provides background on why the government is introducing a mortgage guarantee scheme, and how it works.
🏠BREAKING NEWS📞
With this afternoons Budget announcement there has been some positive news for first time buyers and home movers in the housing market,
🌟 No stamp duty until 30th June 2021 after that date a threshold of up to £250,000 until the end of September 2021;
🌟 5% Deposit Mortgages (Yet to be confirmed by lenders on eligibility - more to follow once we find out from the individual lenders the criteria).
If you would like a free consultation contact us for an appointment.
With this afternoons Budget announcement there has been some positive news for first time buyers and home movers in the housing market,
🌟 No stamp duty until 30th June 2021 after that date a threshold of up to £250,000 until the end of September 2021;
🌟 5% Deposit Mortgages (Yet to be confirmed by lenders on eligibility - more to follow once we find out from the individual lenders the criteria).
If you would like a free consultation contact us for an appointment.
😀Some more great feedback from clients who recently moved into their first home.
Everything considered, how personally valued did the adviser make you feel?
Highly valued
Everything considered, how satisfied were you with the overall advice process?
Very satisfied
On a scale of 0 to 10 where 0 is ‘not at all likely’ and 10 is ‘extremely likely’, how likely or unlikely would you be to recommend your adviser to your
family, friends and/or colleagues?
10 ‐ Extremely likely
Please explain your reason for the above score.
John Legg is an amazing advisor. My partner and I went to him for our mortgage and our life Insurance, couldn’t recommend him more.
The adviser fully understood my circumstances and objectives before providing advice.
Strongly agree
I was satisfied with the financial advice provided by the adviser.
Strongly agree
The adviser provided enough information and a detailed explanation about any financial product﴾s﴿ I applied for.
Strongly agree
The adviser confirmed my understanding of the risks and benefits.
Strongly agree
I am satisfied that the ongoing costs of the financial product﴾s﴿ are affordable.
Strongly agree
I fully understand what I have bought and the reasons for it.
Strongly agree
What can we improve?
N/A
What were you most impressed with?
How quickly everything was done, John was very quick at letting us know all our options and was always quick to answer any questions we had, even if we didn’t think of them while speaking to him. He was more than happy to answer the call and answer our queries.
Are you happy for us to use any of your comments in this way?
Yes, I am happy for you to share my comments.😀
Everything considered, how personally valued did the adviser make you feel?
Highly valued
Everything considered, how satisfied were you with the overall advice process?
Very satisfied
On a scale of 0 to 10 where 0 is ‘not at all likely’ and 10 is ‘extremely likely’, how likely or unlikely would you be to recommend your adviser to your
family, friends and/or colleagues?
10 ‐ Extremely likely
Please explain your reason for the above score.
John Legg is an amazing advisor. My partner and I went to him for our mortgage and our life Insurance, couldn’t recommend him more.
The adviser fully understood my circumstances and objectives before providing advice.
Strongly agree
I was satisfied with the financial advice provided by the adviser.
Strongly agree
The adviser provided enough information and a detailed explanation about any financial product﴾s﴿ I applied for.
Strongly agree
The adviser confirmed my understanding of the risks and benefits.
Strongly agree
I am satisfied that the ongoing costs of the financial product﴾s﴿ are affordable.
Strongly agree
I fully understand what I have bought and the reasons for it.
Strongly agree
What can we improve?
N/A
What were you most impressed with?
How quickly everything was done, John was very quick at letting us know all our options and was always quick to answer any questions we had, even if we didn’t think of them while speaking to him. He was more than happy to answer the call and answer our queries.
Are you happy for us to use any of your comments in this way?
Yes, I am happy for you to share my comments.😀
🏡What great clients I have.🏡
A lovely gift received today from a client who moved into their first home recently.🍾🥳
A lovely gift received today from a client who moved into their first home recently.🍾🥳
🎅Merry Christmas to all our fantastic customers.Thanks for all your support during the last crazy 12 months.
Here's hoping for a brighter 2021.🎅
Here's hoping for a brighter 2021.🎅
Merry Christmas hope its a good one 🎄🎄🎅🎅☃️
Happy Christmas John have a good one
Merry Christmas to u & ur's John ☃️🍻
Merry Christmas Uncle John!
Merry Christmas
Free Will Writing Service 😀😀
PROTECT YOUR FAMILY
Without a Will your spouse may not receive everything and unmarried partners will receive nothing. Minor beneficiaries receive any inheritance at the age of 18 and if you have young children custody is awarded by the state. Estate administration will take longer and be more stressful and more expensive. Avoid these problems, put pen to paper and make your Will today.
1.
Create Your Will
Create your Will by answering the questions, it only takes 20 minutes
2.
Professionally Checked
Next, your Will is thoroughly checked by a team of will writing professionals
3.
Sign & Witness
All that remains is to sign and witness the final Will. It really couldn’t be easier
Contact us today for more information📞
PROTECT YOUR FAMILY
Without a Will your spouse may not receive everything and unmarried partners will receive nothing. Minor beneficiaries receive any inheritance at the age of 18 and if you have young children custody is awarded by the state. Estate administration will take longer and be more stressful and more expensive. Avoid these problems, put pen to paper and make your Will today.
1.
Create Your Will
Create your Will by answering the questions, it only takes 20 minutes
2.
Professionally Checked
Next, your Will is thoroughly checked by a team of will writing professionals
3.
Sign & Witness
All that remains is to sign and witness the final Will. It really couldn’t be easier
Contact us today for more information📞
Have you ever wanted to check your credit file to see if you are eligible for a mortgage or to see what your score is?
We can offer you a free credit file for 30 days*. The report will search 4 credit files including both Equifax and Experian at the same time so you do not have to check 2 different sites to get your total credit file to get a response.
Follow the link below to get your credit today.
www.checkmyfile.com/?ref=johnlegg&cbap=1
We can offer you a free credit file for 30 days*. The report will search 4 credit files including both Equifax and Experian at the same time so you do not have to check 2 different sites to get your total credit file to get a response.
Follow the link below to get your credit today.
www.checkmyfile.com/?ref=johnlegg&cbap=1
Making a will is something that many people keep putting off.
But why is it so important for your children that you have a will in place?
We offer a Free Will Writing Service.
Contact us for more information 😊
But why is it so important for your children that you have a will in place?
We offer a Free Will Writing Service.
Contact us for more information 😊
😊GOOD NEWS😊
Another lender returning to 90% Loan To Value for First Time Buyers.
This combined with the stamp duty holiday recently announced, will provide support and reassurance for everyone looking to get a first step on the property ladder😊
Contact us for more information 🏘
Another lender returning to 90% Loan To Value for First Time Buyers.
This combined with the stamp duty holiday recently announced, will provide support and reassurance for everyone looking to get a first step on the property ladder😊
Contact us for more information 🏘
Struggling to get a 10% deposit mortgage deal for your next move?
Not us!
We have an EXCLUSIVE deal with Bank of Ireland, meaning you can get a 10% deposit deal on any property valued over £165,000.
Message us today to see your options.
Not us!
We have an EXCLUSIVE deal with Bank of Ireland, meaning you can get a 10% deposit deal on any property valued over £165,000.
Message us today to see your options.
NEW STAMP DUTY RULES EXPLAINED
Contact us for more information.
☎ 02828 279201
Contact us for more information.
☎ 02828 279201
📰You all need a WILL and we have found you a way. 📝
📞 02828 279201
leggfinancial.com/contact-us/
📞 02828 279201
leggfinancial.com/contact-us/
Could you send me more info please John?
I'm no mug 😁
Hi john x
JOHN that's not what some people say 👍👍👍
Paddy McAuley John is the man for u
HOW To Protect Your FAMILY 👨👩👧👦❤
You NEED Income Protection 👍
You NEED Life Insurance and it NEEDS to be written in TRUST 👍
You NEED to make a WILL👍
We can arrange all this and we COVER the COST of making a WILL 👍
This should be done ASAP !!!👍
Call now to discuss ☎ 02828 279201
📞 07940657185
leggfinancial.com
You NEED Income Protection 👍
You NEED Life Insurance and it NEEDS to be written in TRUST 👍
You NEED to make a WILL👍
We can arrange all this and we COVER the COST of making a WILL 👍
This should be done ASAP !!!👍
Call now to discuss ☎ 02828 279201
📞 07940657185
leggfinancial.com
How well is your home really covered? 🏡
We have access to a full range of various exclusive home insurance providers. (On our ever growing panel!)
We will do our best to beat your existing home insurance policy and save you money!
Why not give us a call and start saving 💷 on your home/landlords insurance today.
📞 02828 279201
leggfinancial.com/
We have access to a full range of various exclusive home insurance providers. (On our ever growing panel!)
We will do our best to beat your existing home insurance policy and save you money!
Why not give us a call and start saving 💷 on your home/landlords insurance today.
📞 02828 279201
leggfinancial.com/
Protect your house and your belongings against misfortune with 5* Home Insurance through John Legg Mortgages & Insurance.
Home Emergency Cover.
Accidental Damage.
Trace & Access.
Personal Belongings away from the home.
Contact us today📞 02828 279201
Home Emergency Cover.
Accidental Damage.
Trace & Access.
Personal Belongings away from the home.
Contact us today📞 02828 279201
FREE WILL WRITING SERVICE 📝
We have teamed up with MYLASTWILL to offer a free will writing service.
The offer is open to all our clients and their family and friends.
We will also include a free financial review with the Will Writing Service to ensure that you and your family are properly protected.
GET YOUR AFFAIRS IN ORDER TODAY.📝
Contact us on 02828 279201.
leggfinancial.com
We have teamed up with MYLASTWILL to offer a free will writing service.
The offer is open to all our clients and their family and friends.
We will also include a free financial review with the Will Writing Service to ensure that you and your family are properly protected.
GET YOUR AFFAIRS IN ORDER TODAY.📝
Contact us on 02828 279201.
leggfinancial.com
Christine Mulvenna
John we would be interested please! Can you give us a call?
🐣Happy Easter everyone🐣
This year our normal Easter activities may be cancelled but there will be plenty more good times to come ❤️🙌
For now, stay safe and stay home 🏡
This year our normal Easter activities may be cancelled but there will be plenty more good times to come ❤️🙌
For now, stay safe and stay home 🏡
‼️ SCAM ALERT ‼️
We have been made aware of cold callers, contacting clients who already have insurance in place i.e life cover, critical illness cover and income protection to inform them their policies will NOT cover them for COVID-19.
This is INCORRECT!
Let us re-assure you that your policies WILL protect you and please don't cancel any existing policies that you have.
If you have any queries about your current policies or wish to obtain a policy please get in touch on 07940657185 or drop us a message 👩💻
We have been made aware of cold callers, contacting clients who already have insurance in place i.e life cover, critical illness cover and income protection to inform them their policies will NOT cover them for COVID-19.
This is INCORRECT!
Let us re-assure you that your policies WILL protect you and please don't cancel any existing policies that you have.
If you have any queries about your current policies or wish to obtain a policy please get in touch on 07940657185 or drop us a message 👩💻
Self-employment guidance
Self-employment Income Support Scheme
Use this scheme if you're self-employed or a member of a partnership and have lost income due to coronavirus.
This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. This may be extended if needed.
Who can apply
You can apply if you’re a self-employed individual or a member of a partnership and you:
have submitted your Income Tax Self Assessment tax return for the tax year 2018-19
traded in the tax year 2019-20
are trading when you apply, or would be except for COVID-19
intend to continue to trade in the tax year 2020-21
have lost trading/partnership trading profits due to COVID-19
Your self-employed trading profits must also be less than £50,000 and more than half of your income come from self-employment. This is determined by at least one of the following conditions being true:
having trading profits/partnership trading profits in 2018-19 of less than £50,000 and these profits constitute more than half of your total taxable income
having average trading profits in 2016-17, 2017-18, and 2018-19 of less than £50,000 and these profits constitute more than half of your average taxable income in the same period
If you started trading between 2016-19, HMRC will only use those years for which you filed a Self-Assessment tax return.
If you have not submitted your Income Tax Self-Assessment tax return for the tax year 2018-19, you must do this by 23 April 2020.
HMRC will use data on 2018-19 returns already submitted to identify those eligible and will risk assess any late returns filed before the 23 April 2020 deadline in the usual way.
How much you’ll get
You’ll get a taxable grant which will be 80% of the average profits from the tax years (where applicable):
2016 to 2017
2017 to 2018
2018 to 2019
To work out the average HMRC will add together the total trading profit for the 3 tax years (where applicable) then divide by 3 (where applicable), and use this to calculate a monthly amount.
It will be up to a maximum of £2,500 per month for 3 months.
The grant will be paid directly into your bank account, in one instalment.
How to apply
You cannot apply for this scheme yet.
HMRC will contact you if you are eligible for the scheme and invite you to apply online.
Individuals do not need to contact HMRC now and doing so will only delay the urgent work being undertaken to introduce the scheme.
You will access this scheme only through GOV.UK. If someone texts, calls or emails claiming to be from HMRC, saying that you can claim financial help or are owed a tax refund, and asks you to click on a link or to give information such as your name, credit card or bank details, it is a scam.
After you’ve applied
Once HMRC has received your claim and you are eligible for the grant, they will contact you to tell you how much you will get and the payment details.
If you claim tax credits you’ll need to include the grant in your claim as income.
Other help you can get
The government is also providing the following additional help for the self-employed:
deferral of Self Assessment income tax payments due in July 2020 and VAT payments due from 20 March 2020 until 30 June 2020
grants for businesses that pay little or no business rates
increased amounts of Universal Credit
Business Interruption Loan Scheme
If you’re a director of your own company and paid through PAYE you may be able to get support using the Job Retention Scheme.
Self-employment Income Support Scheme
Use this scheme if you're self-employed or a member of a partnership and have lost income due to coronavirus.
This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months. This may be extended if needed.
Who can apply
You can apply if you’re a self-employed individual or a member of a partnership and you:
have submitted your Income Tax Self Assessment tax return for the tax year 2018-19
traded in the tax year 2019-20
are trading when you apply, or would be except for COVID-19
intend to continue to trade in the tax year 2020-21
have lost trading/partnership trading profits due to COVID-19
Your self-employed trading profits must also be less than £50,000 and more than half of your income come from self-employment. This is determined by at least one of the following conditions being true:
having trading profits/partnership trading profits in 2018-19 of less than £50,000 and these profits constitute more than half of your total taxable income
having average trading profits in 2016-17, 2017-18, and 2018-19 of less than £50,000 and these profits constitute more than half of your average taxable income in the same period
If you started trading between 2016-19, HMRC will only use those years for which you filed a Self-Assessment tax return.
If you have not submitted your Income Tax Self-Assessment tax return for the tax year 2018-19, you must do this by 23 April 2020.
HMRC will use data on 2018-19 returns already submitted to identify those eligible and will risk assess any late returns filed before the 23 April 2020 deadline in the usual way.
How much you’ll get
You’ll get a taxable grant which will be 80% of the average profits from the tax years (where applicable):
2016 to 2017
2017 to 2018
2018 to 2019
To work out the average HMRC will add together the total trading profit for the 3 tax years (where applicable) then divide by 3 (where applicable), and use this to calculate a monthly amount.
It will be up to a maximum of £2,500 per month for 3 months.
The grant will be paid directly into your bank account, in one instalment.
How to apply
You cannot apply for this scheme yet.
HMRC will contact you if you are eligible for the scheme and invite you to apply online.
Individuals do not need to contact HMRC now and doing so will only delay the urgent work being undertaken to introduce the scheme.
You will access this scheme only through GOV.UK. If someone texts, calls or emails claiming to be from HMRC, saying that you can claim financial help or are owed a tax refund, and asks you to click on a link or to give information such as your name, credit card or bank details, it is a scam.
After you’ve applied
Once HMRC has received your claim and you are eligible for the grant, they will contact you to tell you how much you will get and the payment details.
If you claim tax credits you’ll need to include the grant in your claim as income.
Other help you can get
The government is also providing the following additional help for the self-employed:
deferral of Self Assessment income tax payments due in July 2020 and VAT payments due from 20 March 2020 until 30 June 2020
grants for businesses that pay little or no business rates
increased amounts of Universal Credit
Business Interruption Loan Scheme
If you’re a director of your own company and paid through PAYE you may be able to get support using the Job Retention Scheme.
I have put together some links for the Lenders and their processes for the 3 month Mortgage Payment holiday. For some, you still need to make a phone call but for others, there are short online forms to complete which will save you being on hold for hours.
Accord pos.li/2farpb
AIB/First Trust pos.li/2farp8
Barclays pos.li/2farpc
Birmingham Midshires pos.li/2farp7
Bank of Ireland pos.li/2farp9
Danske pos.li/2farpf
Halifax pos.li/2farpa
HSBC pos.li/2farpg
Leeds Building Society pos.li/2farpd
M&S pos.li/2farpe
Nationwide Building Society pos.li/2farph
Natwest pos.li/2farpi
Platform pos.li/2farpj
Sainsburys Bank pos.li/2farpk
Santander pos.li/2farpo
Ulster Bank pos.li/2farpp
Virgin Money pos.li/2farpn
Note, that for many providers, the qualifying criteria for the 3 month mortgage holiday is that your income has been directly effected by the coronavirus and you wont necessarily be prompted by the call handler regarding this.
Again I would say that if you are able to meet your mortgage payments as usual then that would be the best practice, however the mortgage holiday affords you some breathing space should you need it.
Accord pos.li/2farpb
AIB/First Trust pos.li/2farp8
Barclays pos.li/2farpc
Birmingham Midshires pos.li/2farp7
Bank of Ireland pos.li/2farp9
Danske pos.li/2farpf
Halifax pos.li/2farpa
HSBC pos.li/2farpg
Leeds Building Society pos.li/2farpd
M&S pos.li/2farpe
Nationwide Building Society pos.li/2farph
Natwest pos.li/2farpi
Platform pos.li/2farpj
Sainsburys Bank pos.li/2farpk
Santander pos.li/2farpo
Ulster Bank pos.li/2farpp
Virgin Money pos.li/2farpn
Note, that for many providers, the qualifying criteria for the 3 month mortgage holiday is that your income has been directly effected by the coronavirus and you wont necessarily be prompted by the call handler regarding this.
Again I would say that if you are able to meet your mortgage payments as usual then that would be the best practice, however the mortgage holiday affords you some breathing space should you need it.
⚠️ UPDATE ⚠️
We are receiving numerous emails from Lenders confirming they are suspending all physical property inspections in line with the changing government guidelines.
I suspect all Lenders will adopt this strategy which will mean there is likely to be a significant delay on the majority of mortgage and co-ownership applications
Some lenders have confirmed they are looking at alternative valuation solutions whilst valuers are unable to complete internal property inspections. This will primarily consist of desktop valuations which may help with the back log.
We will keep you updated.
We are receiving numerous emails from Lenders confirming they are suspending all physical property inspections in line with the changing government guidelines.
I suspect all Lenders will adopt this strategy which will mean there is likely to be a significant delay on the majority of mortgage and co-ownership applications
Some lenders have confirmed they are looking at alternative valuation solutions whilst valuers are unable to complete internal property inspections. This will primarily consist of desktop valuations which may help with the back log.
We will keep you updated.
The FCA have announced that they will extend the current 3 month mortgage holiday if required.
They’ve stated that there will be:
✔️ No additional fees or charges (other than added interest) as a result of this holiday
✔️ Amended guidance will be issued if required
✔️ Repossession is not always in the best interests of customers
Note that these measures should be treated as short term solutions that could have potential long term repercussions, so make sure you choose the decision that’s right for you. Please contact us if you have any questions.
They’ve stated that there will be:
✔️ No additional fees or charges (other than added interest) as a result of this holiday
✔️ Amended guidance will be issued if required
✔️ Repossession is not always in the best interests of customers
Note that these measures should be treated as short term solutions that could have potential long term repercussions, so make sure you choose the decision that’s right for you. Please contact us if you have any questions.
***UPDATE 20th March***
We've now made it quick and easy to contact us online about getting a payment holiday if you have a mortgage with us. Click below to get started.
digital.ulsterbank.co.uk/personal/mortgages/manage-your-ulster-bank-mortgage.html?extcam=SCM_FB_ORG
We appreciate you've had extremely long waits to speak to us. Thank you for your patience as our team have worked to help everyone.
Original message - 19th March:
We’re receiving many calls about mortgage payment holidays at the moment as you understandably have questions.
Our wait times are longer than normal so thank you for your patience & please bear with us - we're doing our best to get to you.
Answers to some of your top questions are here 👇 and you can also visit our coronavirus web page:
digital.ulsterbank.co.uk/personal/help-and-support/coronavirus.html?extcam=SCM_FB_ORG
We've now made it quick and easy to contact us online about getting a payment holiday if you have a mortgage with us. Click below to get started.
digital.ulsterbank.co.uk/personal/mortgages/manage-your-ulster-bank-mortgage.html?extcam=SCM_FB_ORG
We appreciate you've had extremely long waits to speak to us. Thank you for your patience as our team have worked to help everyone.
Original message - 19th March:
We’re receiving many calls about mortgage payment holidays at the moment as you understandably have questions.
Our wait times are longer than normal so thank you for your patience & please bear with us - we're doing our best to get to you.
Answers to some of your top questions are here 👇 and you can also visit our coronavirus web page:
digital.ulsterbank.co.uk/personal/help-and-support/coronavirus.html?extcam=SCM_FB_ORG
Colum Kavanagh
Paddy McAuley John is the man
Mortgage Advice
Searching for a mortgage can be a difficult experience, and many people may not know where to start with the process. We can help make the mortgage process as clear and straightforward as possible.
Mortgage Calculator
By using our Mortgage Calculator you can understand how much you can borrow, and what your mortgage repayments may be so you can feel mortgage ready.
This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity.