Category: News

Landlords across Britain are being warned to prepare for a major tax shake-up that will affect thousands from April 2026. Under new HMRC rules, many property owners will soon have to report their rental income and expenses to the taxman every three months, rather than just once a year ¹.

What Is Changing?

The changes are part of the Government’s Making Tax Digital scheme for Income Tax. From 6 April 2026, landlords and self-employed people with a gross income of more than £50,000 will be required to keep digital records and send quarterly updates to HMRC. Those earning between £30,000 and £50,000 will need to follow the rules from April 2027. The threshold for those earning below £30,000 will not change “before further review,” and there is currently no date set for smaller landlords.

Unlike the current system, where landlords submit an annual Self Assessment tax return, you will now need to use approved accounting software to record your income and expenses. Every quarter, you must submit an update to HMRC. At the end of the year, a final declaration will confirm your income and tax due².

Who Will Be Affected?

It is important to note that not all landlords will be affected immediately.

• From 6 April 2026, only those with a gross annual income over £50,000 from property and/or self-employment will be included.
• From April 2027, the rules will apply to those with gross income over £30,000.
• There is no fixed date yet for landlords earning less than £30,000 to be included, and HMRC has stated this group will not be affected until after a further review.
• “Gross income” means total rent received before expenses or deductions.
• The rules apply to each individual, so joint owners must only count their share of the income.
• Limited companies are not affected by these changes, only individual landlords.
• Non-UK landlords with UK property income will generally be included if their UK income meets the threshold.

If your total rental and/or self-employment income is below £50,000, you will not need to start quarterly digital reporting in April 2026. You must still file an annual tax return as usual, unless your income is below the Self Assessment threshold ².

Why Is This Happening?

The Government says Making Tax Digital will help people get their tax right, reduce errors, and give landlords a clearer picture of their finances throughout the year. HMRC also believes quarterly updates will cut down on tax surprises and help clamp down on tax evasion.

What Do Landlords Need to Do?

Experts are urging landlords to act now to prepare for the new system.

• Start keeping digital records as soon as possible, even if you do not yet meet the £50,000 threshold.
• Research and choose accounting software that is approved by HMRC.
• Set reminders for quarterly deadlines, as missing them could lead to penalties.
• Speak to an accountant or adviser about how the changes may affect you and whether you need extra support.

The first quarterly update will cover income and expenses from April to July 2026, and must be submitted by 7 August 2026. Further updates will be due every three months ².

What Are the Challenges?

Landlord groups have warned that the new rules could add extra stress and expense, particularly for smaller landlords who are used to managing their tax affairs on paper. Software costs may add several hundred pounds to annual expenses, and the risk of fines for missing a deadline is real.

Should You Be Worried?

If you act early and get organised, the transition should be manageable. Many landlords who have trialled Making Tax Digital already say it has helped them keep on top of their finances and avoid a last-minute scramble at tax time. However, if you ignore the changes, you could face new penalties and find yourself caught out.

What Should You Do Next?

Speak to a qualified accountant to understand how these rules may apply to your circumstances and to determine the most appropriate steps to take.

References:

1. Interest-Rates.Info – UK Mortgage & Property Related News. (2025). HMRC rule change set to catch-out landlords: Thousands will soon need to report income and expenses every three months – Interest-Rates.Info. [online] Available at: https://interest-rates.info/2025/05/06/hmrc-rule-change-set-to-catch-out-landlords-thousands-will-soon-need-to-report-income-and-expenses-every-three-months-birmingham-money-mortgage/ [Accessed 23 Jul. 2025].
2. HM Revenue & Customs (2025). One year until Making Tax Digital for Income Tax launches. Available at: https://www.gov.uk/government/news/one-year-until-making-tax-digital-for-income-tax-launches       [Accessed 23 Jul. 2025].

‌Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 31^st July 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.  The content has been prepared to raise awareness of upcoming changes that may affect some landlords. The author does not provide tax or accountancy services. You should always seek advice from a qualified tax or accounting professional regarding your individual circumstances.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) access

Thousands of young homeowners are putting themselves at risk of losing their homes because many have no insurance cover to protect against life’s unexpected shocks. New research has revealed that a large number of people aged 18 to 34 have little understanding of essential financial protection, and even fewer have taken steps to safeguard themselves¹.

Low Awareness and Worrying Gaps in Cover

A recent survey of over 1,200 homeowners, including 500 with mortgages, shows that only 15 percent of young mortgage holders say they know a lot about income protection. This is particularly concerning, as this age group is often more likely to experience job changes, illness or sudden financial setbacks.

Even more worrying, nearly one in three young homeowners admitted they have no protection in place at all. This means they do not have life insurance, critical illness cover, or an income protection policy that could support them if they were unable to work. While more than half of those surveyed claim to have life insurance, experts believe the true figure is likely to be much lower in reality¹.

How Would They Cope?

The risk for these homeowners is significant. Fourteen percent of those aged 18 to 34 said they would immediately struggle to pay their mortgage if illness or injury stopped them from working. More than half would face serious financial difficulties within just six months.

When asked how they would cope with a sudden loss of income, many young homeowners offered only short-term solutions. Nearly a third said they would try to take on extra work. Almost a quarter would cut back on savings or stop making pension contributions, putting their long-term financial security at risk. One in five would rely on government support such as Universal Credit, while more than one in ten would even consider taking out a bank loan¹.

Experts Warn of a Growing Financial Gap

Industry experts have issued a warning that young homeowners are living on a financial tightrope. Many under-35s are taking on some of life’s biggest financial commitments without knowing what protection is available or how it works. Income protection is not just for older people or high earners. It is for anyone who depends on a regular income to pay the mortgage and cover essential costs. Without this safety net, a period of illness or injury could have devastating consequences.

Paula Higgins, chief executive of the HomeOwners Alliance, said that buying a home is a proud moment but it comes with real risks. She explained that many young buyers have already stretched their finances to get onto the property ladder, and that their financial resilience is often still developing. She called for greater support for young people so they can stay secure, especially as they take on the long-term responsibility of a mortgage¹.

Don’t Wait Until It’s Too Late

Missing mortgage payments can quickly lead to arrears, repossession, and long-term damage to your credit record. Having insurance cover in place, whether income protection, life insurance, or critical illness cover, can provide the financial support needed to keep your home safe if the unexpected happens.

If you have a mortgage, now is the right time to look closely at your protection arrangements. Ask yourself whether you could continue to pay your mortgage if you were unable to work for six months. Do not assume that your employer’s sick pay will be enough, as statutory cover is limited and often does not last long. Talk to a qualified adviser about the type of cover you really need. Remember, the younger and healthier you are, the lower your premiums are likely to be.

Protect Your Home and Your Future

Owning your home is a major achievement, but it comes with responsibility. Do not risk losing your home because of illness or accident. Review your insurance today to make sure you and your loved ones are protected.

If you would like to discuss your options, or want a  review of your insurance cover, contact our team for guidance and support.

References:

1. IFA Magazine. (2025). Almost 1 in 3 young mortgage holders have no protection cover – LifeSearch and HomeOwners Alliance Available at: https://ifamagazine.com/almost-1-in-3-young-mortgage-holders-have-no-protection-cover-lifesearch-and-homeowners-alliance/  [Accessed 23 Jul. 2025].

All the information in this article is correct as of the publish date 31^st July 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Millions of households across the country are heading for a financial jolt as their fixed-rate mortgage deals start to come to an end. These deals were often taken out during the pandemic when interest rates were at record lows. Now, with those rates no longer available, many borrowers could see their monthly repayments rise sharply¹.

The average household switching from a fixed-rate mortgage in the coming two years is projected to see a monthly increase of £146. That may not sound much in isolation, but for households already feeling the pinch, it could be the tipping point¹. 

This change will affect many borrowers between now and the end of 2026. If you are one of them, it is important to understand what is coming and to act now before the pressure begins to build.

What You Need to Do Right Now

The first step is to check when your existing mortgage deal ends. If you are within 6 to 12 months of expiry, you should speak to your mortgage adviser straight away. Getting early advice can make a big difference. There may be opportunities to secure a new deal well in advance, helping you avoid last-minute panic and potentially saving you money.

Your adviser can help you review your current rate, compare what is available on the market, and ensure your next step is the right one for your personal circumstances.

Be Prepared for Higher Monthly Payments

If you took out a mortgage during the pandemic, it is likely you have been enjoying a very low interest rate. With those deals ending, you may find your repayments increase substantially. This is particularly true if you move on to your lender’s standard variable rate without arranging a new deal.

Your mortgage adviser can help you stress-test your budget to see what future repayments might look like. This means calculating how your monthly payments could change, giving you time to adjust your finances before any increases take effect.

Is Your Income Protected?

As monthly payments rise, more households will be operating with smaller financial safety nets. That is why it is important to consider how you would continue to meet your repayments if your income were to fall due to illness, injury, or redundancy.

Income protection and mortgage payment cover can offer a financial lifeline in difficult times. These types of policies are designed to help cover essential costs like your mortgage if the unexpected happens. Speak to your adviser about what protection options are available and which ones might be suitable for you.

Why You Should Not Wait

The mortgage market is already becoming busier. Many borrowers are looking to remortgage early, which could lead to delays later in the year. By acting now, you can beat the rush and give yourself the best chance of securing a good deal.

Some lenders allow you to reserve a mortgage rate in advance. That means you may be able to secure today’s rates even if your current deal does not end for a few more months.

Your mortgage adviser will be able to tell you whether this is an option and help you navigate the process.

In Summary

If your mortgage deal is ending within the next year, now is the time to act. Speak to your mortgage adviser to:

• Review your current deal and find out when it ends
• Understand how your repayments may change
• Explore new mortgage deals ahead of time
• Consider income protection or mortgage payment cover

The sooner you start planning, the more options you are likely to have. A quick conversation now could prevent a costly shock later.

Sources:

1. The Independent (2024). Mortgages: Bank of England warns costs will jump for millions by end of 2027. Available at: https://www.independent.co.uk/news/uk/home-news/best-mortgage-rates-deals-price-b2655926.html [Accessed 25 Jun. 2025].

‌Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 3^rd July 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Summer is the perfect time to tackle those home improvements you have been putting off. But instead of just ticking off a list of repairs, why not focus on the projects that can actually add value to your property?

Whether you are planning to sell soon or simply want to enhance your living space, these simple updates could increase your home’s appeal and potentially boost its value by thousands of pounds.

Freshen Up the Exterior with a Coat of Paint

The outside of your home is the first thing anyone sees, and a tidy, well-maintained exterior makes a lasting impression. Painting your front door, window frames or external woodwork can dramatically improve kerb appeal. According to several property experts, a smart and clean-looking exterior could add £15,000 to a home’s value, depending on the scale of the work and the existing condition of the property¹.

These types of jobs are ideal for summer, as dry, warm days help paint and treatments to set properly. They are also low-cost, often requiring little more than a weekend of effort and a few cans of quality paint. If you are repainting near open walls, fences or doors, remember to check that fire alarms remain active and that you are not doing anything that might affect your home insurance without informing your provider.

Tidy Up Your Patio or Decking Area

Outdoor spaces are a big selling point, especially during the summer. Cleaning up your patio or refreshing your decking can make your garden far more usable and attractive. Tasks like replacing broken slabs, power-washing surfaces, sanding and re-staining decking, or adding simple lighting features can transform a tired space into a relaxing retreat.

Well-maintained gardens can contribute as much as 5% to a property’s sale value¹. For a home valued at £300,000, that could mean a potential boost of £15,000 . Before carrying out any electrical work outdoors, always use a qualified professional and check that your home insurance policy covers outdoor fixtures.

Add Loft Insulation for Year-Round Savings

Loft insulation might not be the most glamorous summer project, but it is one of the most cost-effective. Adding or upgrading insulation can help reduce heat loss during winter and keep your home cooler in the summer. Studies suggest that homeowners can save up to  £790 a year on their energy bills after insulating a poorly insulated loft².

Although the cost of professional insulation varies depending on the size and accessibility of the space, it is an investment that can pay for itself within a few years. Summer is an ideal time to get this work done because loft spaces are dry and easier to access when temperatures are higher.

Install a Smart Thermostat

Smart thermostats are becoming increasingly popular among homeowners looking to manage their heating more efficiently. These devices allow you to control your home’s temperature remotely and can adjust automatically to your habits. Some models can even detect when windows are left open and respond accordingly.

The cost of a smart thermostat device typically ranges from £110 to £300, and installation may cost a further £70 to £150 depending on the complexity of your heating system. Homeowners often save between 10%-15% a year on energy bills, and smart technology can add up to 2% to 5% of the property’s value³. 

If you are considering installing a smart thermostat, make sure your boiler is compatible and use a certified engineer. You should also let your home insurer know about the upgrade, as it may affect your policy.

Before You Begin: Safety and Financial Considerations

Before starting any improvement project, test your smoke alarms and check that you are not invalidating your insurance policy. This is particularly important if you are doing DIY or using external tradespeople. If you are planning structural work, installing new wiring or making major upgrades, you may also need to notify your local authority or mortgage provider.

This is where your mortgage adviser can help. If you are making significant changes to your home, it is always best to check whether this will affect your mortgage terms, your insurance cover or your overall protection. An adviser can guide you on whether you need additional cover, whether a valuation will be affected, or whether now might be a good time to review your mortgage deal in light of your investment in the property.

The Bottom Line

July is a great time to invest in your home. From painting and patios to insulation and smart tech, there are projects that suit every budget and can boost the comfort, energy efficiency and value of your property. Just remember to plan carefully, stay safe, and always speak to your mortgage adviser before making any big decisions that could affect your finances or your cover.

Sources: 

1. The Sun (2025). 7 easy and cheap home improvements that could add £75,000 to your home…  Available at: https://www.thesun.co.uk/money/33358192/easy-cheap-cost-effective-home-improvements/ [Accessed 24 Jun. 2025].
2. EDF. (2024). Home Insulation Installs | Loft & Cavity Wall Insulation | EDF. Available at: https://www.edfenergy.com/heating/insulation#footnote-energy-saving-trust-home-insulation-costs [Accessed 24 Jun. 2025].
3. Homeadviceguide (2021). Understanding Smart Thermostat Installation Cost: A Complete Guide. Available at: https://www.homeadviceguide.com/smart-thermostat-installation-cost/  [Accessed 24 Jun. 2025].

All the information in this article is correct as of the publish date 3^rd July 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Summer 2025 presents a rare opportunity for first-time buyers. Lenders are reintroducing 100 % mortgages, increasing income multiples, and easing affordability tests. While this may help those struggling to save for a deposit, thorough preparation is essential. If you are considering buying your first home this summer, here is what to know and how to get ready.

Understand the New Mortgage Landscape

Several lenders, including April Mortgages and Gable Mortgages, have launched 100 %, meaning buyers can borrow the full value of a property without any deposit if they meet strict criteria¹.

Gable Mortgages offers a fiveyear fixed rate of approximately 5.95%  for standard properties and 5.65% for newbuild homes¹. Other lenders, including Skipton, Barclays and Halifax, are launching or reintroducing similar nodeposit products.

Get Your Finances in Order

Before applying, you need to present a strong financial profile. Lenders will assess the following carefully:

1. Your credit report, ensuring it contains no errors.
2. Your existing debts, including credit cards and loans.
3. Clear and documented bank transaction history, showing consistent income and no unexplained withdrawals or gambling transactions.
4. Your rental payment history, as some lenders use this as proof of affordability.

Your mortgage adviser can guide you in cleaning up your financial records, advising on what is acceptable and what could harm your application.

Secure a Mortgage in Principle

A mortgage in principle is a preliminary agreement from a lender based on your income and credit profile. It provides clarity on how much you might be able to borrow and shows estate agents and vendors that you are a serious buyer. Crucially, a mortgage in principle arranged by your adviser will not affect your credit rating.

Consider the Total Costs

Buying your first home involves more costs than just the purchase price. You should budget for:

• Solicitor and conveyancing fees
• Valuation and survey costs
• Possible mortgage arrangement fees (some lenders allow these to be added to the loan)
• Stamp duty, though many firsttime buyers pay little or none 
• Home insurance and life or income protection, which your adviser can help to include in a review

Your mortgage adviser can help plan these costs to avoid financial surprises later on.

Understand the Risks

Zerodeposit mortgages come with higher interest rates and a greater risk of negative equity should house prices fall. Ask your adviser to stresstest your budget against repayment rates increasing by 1% or 2%. This helps ensure you can comfortably meet repayments, even if economic conditions change.

Speak to Your Mortgage Adviser Early

Preparation is key. Your mortgage adviser can:

• Help you understand which nodeposit and lowdeposit options you qualify for
• Run credit and affordability health checks
• Explain the implications of higher interest and monthly costs
• Advise on protection policies to safeguard your financial commitments
• Keep track of repayment buffers, interest rises and building equity

With 100% mortgages and flexible lending returning this summer, the time to act is now. Speaking to a mortgage adviser early will ensure you approach the process with clarity and confidence.

Sources:

1. Mortgage Solutions (2025). Gable Mortgages enters market with 100% LTVs. Available at: https://www.mortgagesolutions.co.uk/news/2025/05/20/gable-mortgages-enters-market-with-100-ltvs/ [Accessed 24 Jun. 2025]. 

‌Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 3^rd July 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Summer should be a season of rest, sunshine and barbecues rather than worry about your home. Yet the warm months can bring specific risks that many homeowners overlook. Leaving windows open, hosting garden parties, holiday travel and the strain of burst pipes from evening temperature drops all bring hazards. Now is the time to check that your home insurance and emergency cover are fit for purpose.

Summer Risk Checklist

It is important to consider the main summer threats your home might face and whether your policy provides adequate protection:

Accidental damage
This includes mishaps like breaking a window or damaging internal walls during DIY. Most standard policies exclude this unless the option is added separately¹.

Fire
BBQs, patio heaters and outdoor fires may seem harmless but pose serious risks. Check that your policy covers fire damage from such activities, especially close to the house.

Theft
Gardening tools, outdoor furniture or bicycles can be attractive targets when left outside, especially when homes are unoccupied on holidays.

Water leaks or burst pipes
Summer showers or heater malfunctions can cause sudden water damage. Most buildings policies include sudden leaks but may not cover the cost of locating the leak unless that option is added².

Storm or weather damage
Extreme weather and storms remain a threat even in summer. Structural damage from fallen branches or flooding is normally covered, but you should confirm the level of excess and limits of your policy.

Policy Add-Ons to Consider

Many homeowners are unaware of additional options that could prove vital:

• Garden theft cover
  Standard contents policies may exclude items kept outside, yet these can be stolen. 

• Home emergency cover
  This protects against urgent issues such as burst pipes, boiler breakdowns, electrical faults or roof damage. It typically includes callout fees, labour costs and basic parts with a capped limit per claim³ .
  A recent review shows that adding emergency cover may cost just about £40 to £50 annually, yet it can save hundreds if a tradesperson is needed out of hours⁴.

Why You Should Review Annually

An annual checkin on your buildings and contents cover is advisable, particularly ahead of the summer season:

• In 2024, The average UK home insurance premium was £395 per year, an alltime high due to the rise in weather damage claims⁵.
• Claims for escaped water account for about 29 per cent of all claims, making sure you are adequately covered is incredibly important⁶.
• Some policies may include emergency cover automatically but place caps on callout costs or number of claims. It is best practice to check both your insurer’s terms and your policy schedule regularly.

How Your Mortgage Adviser Can Help

We can help you review your protection alongside your mortgage to ensure everything is in place. This can save you from unwelcome surprises and allow you to act swiftly if the unexpected happens. When you discuss the summer risks and your cover, we can:

• Check whether your mortgage and insurance policies are consistent
• Confirm that substantial home improvements or contents changes are covered
• Help you decide if you should add emergency cover or accidental damage protection
• Advise on whether your insurance excess and caps are appropriate for your home and budget

Final Word

Summer should be about enjoyment, not worry. Take a few moments during June or July to tick off your protection checklist. Do you have accidental damage cover, burglary protection, water leak cover, storm damage safeguard and emergency callout insurance? And are your home insurer and mortgage adviser both fully aware of what you need? If you are unsure or would like reassurance, speak to your mortgage adviser today. Ensuring your protection is aligned with your mortgage can give you peace of mind and keep both your home and your finances secure.

Sources:

1. Directline.com. (2020). Accidental Damage Cover: What’s Included? [online] Available at: https://www.directline.com/home-cover/magazine/accidental-damage [Accessed 25 Jun. 2025].
2. 0800homefix.  (2024). 0800homefix.. Available at: https://www.0800homefix.com/plumbing/does-building-insurance-cover-leaks-navigating-policy-details-for-water-damage-claims/ [Accessed 25 Jun. 2025].
3. Gocompare.com. (2024). Plumbing and Drainage Insurance Cover | GoCompare. Available at: https://www.gocompare.com/home-insurance/home-emergency-cover/plumbing-and-drainage/ [Accessed 24 Jun. 2025].
4. The Sun (2024). Is home emergency cover worth it? We explain whether insurance is an alternative…  Available at: https://www.thesun.co.uk/money/30062726/home-emergency-cover-insurance-worthwhile/ [Accessed 24 Jun. 2025].
5. Abi.org.uk. (2024). More action needed to protect properties as adverse weather takes record toll on insurance claims in 2024  Available at: https://www.abi.org.uk/news/news-articles/2025/2/more-action-needed-to-protect-properties-as-adverse-weather-takes-record-toll-on-insurance-claims-in-2024/ [Accessed 24 Jun. 2025]. 
6. MorganClark (2020). Home insurance claim statistics 2021. Available at: https://www.morganclark.co.uk/about-us/blog/uk-home-insurance-claim-statistics/ [Accessed 24 Jun. 2025].

All the information in this article is correct as of the publish date 3^rd July 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

If you have children or grandchildren stuck renting, watching house prices rise, and struggling to scrape together a deposit, there might be some long-awaited good news.

A new No Deposit Mortgage from April Mortgages could help first-time buyers purchase their first home without needing any deposit at all.

Yes, you read that correctly. For the first time in years, eligible buyers can borrow 100 per cent of a property’s value, with no deposit required. Unlike past versions of 100 per cent mortgages, this one has been designed with long-term affordability in mind¹.

How does it work?

April Mortgages is offering fixed interest rates for either ten or fifteen years, which means no nasty surprises on your monthly payments. Even better, as you pay off your mortgage and your loan to value ratio improves, your interest rate will automatically reduce without you needing to do a thing.

You can also make unlimited overpayments whenever you like, and there are no early repayment charges if you want to repay using your own funds or move home before the end of the fixed term¹.

Who is it for?

This mortgage is aimed at people buying their first home who have found saving for a deposit an impossible task.

To be eligible, the buyer must:

• Be a UK resident aged under 70 (not older than 80 by the end of the mortgage term)
• Have a household income of at least £24,000
• Be buying a house, not a flat or a new build
• Choose a property worth over £75,000
• Pass a credit check and affordability assessment

It is available for home purchases only and must be used to buy the buyer’s main home. All applications will go through full underwriting checks to make sure repayments are affordable and sustainable¹.

Are there any risks?

As with any mortgage, there are things to consider. A 100 per cent mortgage can put you at greater risk of negative equity if house prices fall. This means you could end up owing more than your property is worth, which might make it harder to move or remortgage in future.

And while you do not need a deposit, there are still other costs to budget for – such as stamp duty, solicitor fees, valuation costs and moving expenses.

April Mortgages is fully regulated by the Financial Conduct Authority (FCA), and their lending decisions are based on strict rules to ensure the mortgage is suitable and affordable both now and in the long term¹.

Could this help someone you know?

If you are a parent or grandparent who has been looking for ways to help your family get a foot on the property ladder, this could be a game changer.

As always, we are here to help. If you would like to discuss this new No Deposit Mortgage or explore whether it might be the right fit for your child or loved one, just get in touch. As advisers, we have exclusive access to this mortgage and can guide you through the process step by step.

Sources:

1. April Mortgages (2025). No Deposit. Available at: https://www.aprilmortgages.co.uk/consumer/no-deposit/      [Accessed 19 May 2025].

‌

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 29^th May 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Almost one million homes across Great Britain are being urged to check their electricity meters following an important announcement from the energy regulator¹. A nationwide switch-off of a decades-old system could affect how heating and hot water are delivered in many properties. If you or someone you know has an older electric meter and uses an off- peak electricity tariff, this could be essential reading.

What is happening?

The Radio Teleswitch Service (RTS), sometimes called the Dynamic Teleswitch Service (DTS), is a technology that was introduced in the 1980s. It sends a radio signal to some older electricity meters to tell them when to switch between peak and off-peak rates. This allows households to heat their homes and water overnight when electricity is cheaper.

However, RTS is now reaching the end of its operational life. The signal infrastructure is no longer considered reliable or maintainable. As a result, the RTS signal will be permanently switched off on 30 June 2025¹.

According to Ofgem, around 900,000 RTS meters are still in use across Great Britain. All energy suppliers are expected to upgrade these meters before the switch-off date¹.

Why does it matter?

If you do not replace your RTS meter in time, your heating and hot water may stop working properly. For example, your system may switch on or off at the wrong time or fail to charge overnight. You might also be charged at the wrong times of day, which could result in significantly higher electricity bills.

This will not affect every old-style meter. Only RTS or DTS meters are impacted. However, if your property uses electric storage heaters, panel heaters, or immersion heaters, there is a strong chance you may have one.

How to tell if you have an RTS meter

There are a few signs to look for:

• You may have a separate switch box near your electricity meter that is labelled “Radio Teleswitch”.
• Your home is heated using electricity and does not have a gas supply.
• You live in a rural area or a high-rise flat.
• You are on a multi-rate tariff such as Economy 7, Economy 10, or Total Heating Total Control, where you pay cheaper rates at night.

If you are not sure, you should contact your electricity supplier. They will be able to confirm whether you have an RTS meter and arrange for an upgrade.

What should you do?

The only technical replacement for an RTS meter is a smart meter. Smart meters can be programmed to deliver a similar service and will continue to support off-peak tariffs where available. Most households will be offered a smart meter by their electricity supplier at no cost.

If a smart meter cannot yet be installed in your area or property, your supplier will arrange for a suitable alternative. They are required to contact affected customers before the deadline to offer a replacement.

However, with hundreds of thousands of upgrades still needed, it is advisable to act early to ensure you are not left without heating or facing unnecessary delays.

What happens if you do nothing?

If you do not upgrade your RTS meter:

• Your heating and hot water may no longer function as intended.
• The system might stay on all the time or not come on at all.
• Your electricity supplier will not be able to record accurate peak and off-peak usage.
• You may lose access to cheaper off-peak rates and see your energy bills rise.

What are the benefits of a smart meter?

Smart meters are modern devices that provide many advantages. They allow for automatic readings, accurate billing based on actual usage, and real-time monitoring of your energy consumption. Some tariffs are only available to smart meter users, and the meters make it easier to identify areas where energy can be saved.

Final advice

If you are a homeowner, landlord or tenant and think your property might be affected, contact your electricity supplier as soon as possible. They will guide you through the process and arrange for a new meter to be installed in time.

Waiting too long could mean being caught out after the signal is switched off. It is better to be safe and make sure your home continues to run smoothly.

Sources:

1. National Energy Action (NEA). (2025). What you need to know about the Radio Teleswitch Service switch-off. Available at: https://www.nea.org.uk/radio-teleswitch-service-switch-off/#:~:text=Energy%20regulator%20Ofgem%20estimates%20there,their%20heating%20and%20hot%20water  . [Accessed 27 May 2025].

‌

All the information in this article is correct as of the publish date 29^th May 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

When your fixed-rate mortgage deal comes to an end, it might feel easiest to stay with your current lender. After all, they know you, they already have your details, and they might even send you a letter inviting you to switch to a new rate.

But before you sign anything, it is worth pausing to speak to your mortgage adviser. That simple conversation could save you money, give you more choice, and help you make a better-informed decision.

Here is why.

Your lender only shows you their own products

When you go direct to your lender, you are only seeing the options they choose to offer you. In contrast, your adviser can search across a wide panel of lenders to find a product that fits your circumstances. That could mean a lower interest rate, lower fees, or a more flexible deal that better suits your long-term goals.

Lenders do not always advertise their most competitive deals to existing customers, and some of the best rates on the market are only available through advisers.

You might be eligible for more than you think

Over the course of your mortgage, your circumstances may have changed. Perhaps your property has gone up in value, your income has increased, or your priorities have shifted. A mortgage adviser can review your full financial situation and check whether you qualify for better terms.

If you have built up equity, for example, you might now qualify for a lower loan-to-value band, which could open up access to more competitive rates.

There is more to a mortgage than the interest rate

While the interest rate is important, it is not the only factor. Your adviser will take the time to look at the overall cost of the deal, including any product fees, incentives such as cashback or free valuations, early repayment charges, and flexibility features like overpayments or porting.

It is not just about getting a cheap rate; it is also about finding the right solution for your circumstances.

You will receive personalised, regulated advice

A mortgage adviser is there to act in your best interests. They are regulated to ensure that the advice they give is suitable and appropriate for your needs. They will take the time to understand your goals such as keeping monthly payments low, repaying your mortgage faster, or securing flexibility for future plans.

They will also handle the paperwork and manage the process for you, saving you time and helping avoid mistakes that could lead to delays or extra costs.

It could cost you to wait

If you do nothing when your deal ends, you will automatically be moved to your lender’s standard variable rate (SVR). This rate is usually higher than the fixed or tracker rates available on the market and could add hundreds of pounds a month to your repayments.

By planning ahead and speaking to your adviser early, you can lock in a new deal before your current rate ends and avoid any unnecessary increases to your monthly payments.

Final thoughts

Your mortgage is likely one of your biggest financial commitments. When your current deal comes to an end, it is important to make a choice that works for your future and not just the easiest option at the time.

A short conversation with your adviser could make a real difference. Whether you want to remortgage, switch deals, or explore new opportunities, we are here to help you make the right move with confidence.

Contact us today to review your options and make sure you are not paying more than you need to.

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 29^th May 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

The Renters’ Rights Bill is expected to become law this year and will introduce significant reforms to the private rented sector in England. The changes are designed to improve tenant rights and raise housing standards, but they also bring new responsibilities for landlords¹.

This is a good time for landlords to understand what is coming, consider the potential impact on their business, and begin planning accordingly.

Changes to Tenancy Structure

The Bill will abolish Section 21 evictions. This means landlords will no longer be able to end a tenancy without giving a reason. All tenancies will become periodic by default, with tenants able to end their tenancy at any time by giving two months’ notice. Landlords will need to use specific legal grounds if they wish to regain possession of their property¹.

These grounds include moving into the property, selling it, or responding to tenant behaviour such as rent arrears or antisocial conduct. In some cases, landlords will need to wait twelve months after a tenancy begins before using certain grounds, and must give four months’ notice if they wish to repossess the property to sell or move in¹.

New Legal Requirements

The Bill introduces a number of new legal obligations. These include¹:

• Joining a mandatory Private Rented Sector Landlord Ombudsman Scheme
• Registering on a new national Private Rented Sector Database
• Updating tenancy agreements to reflect changes in the law
• Considering reasonable requests from tenants to keep pets in the property
• Complying with the Decent Homes Standard, which will now apply to the private rented sector
• Avoiding rental discrimination against tenants with children or those in receipt of benefits
• Ending the practice of rental bidding by setting and advertising a fixed asking rent

Failure to meet these requirements may result in financial penalties, limitations on repossession rights, or legal action.

Financial and Operational Considerations

There may be additional costs and administrative work for landlords. This includes time spent updating tenancy documents, ensuring compliance, and potentially upgrading properties to meet new standards.

However, there are also potential benefits. Tenants who feel secure and well-treated are more likely to remain in a property long term. This can reduce void periods, improve rental income consistency, and reduce arrears. Well-maintained properties that meet modern standards may also retain or increase their value over time.

It is important to note that landlords will still be able to increase rents once per year, in line with market rates, by serving a Section 13 notice¹. Tenants will have the right to challenge any proposed increase through the First-tier Tribunal if they believe it exceeds market value.

What Landlords Can Do Now

Although the exact implementation date is yet to be confirmed, the Bill is likely to come into force later this year, possibly from October. Landlords should consider taking action now to prepare.

1. Review tenancy agreements to ensure they reflect the upcoming changes.
2. Check compliance with minimum housing standards and consider if any upgrades are needed.
3. Ensure awareness of the new ombudsman and database registration requirements.
4. Assess your property portfolio to identify underperforming properties or those that may require investment.
5. Discuss your longer-term strategy with a professional adviser if you are considering refinancing, selling, or restructuring your portfolio.

Supporting Clients Through Change

These reforms are significant, but not unexpected. Landlords have successfully adapted to major regulatory changes in the past decade, and many already meet or exceed the standards being proposed.

The Renters’ Rights Bill seeks to improve outcomes across the private rented sector. With timely preparation and professional support, landlords can navigate the changes with confidence.

Source:

1.  Gov.uk (2025). Guide to the Renters’ Rights Bill. Available at: https://www.gov.uk/government/publications/guide-to-the-renters-rights-bill/guide-to-the-renters-rights-bill    [Accessed 19 May 2025].

‌

The FCA does not regulate some forms of Buy to Lets. Think carefully before securing other debts against your home/property.

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 29^th May 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.