Let’s Talk About Gay Mortgages and Gay Remortgages …

Although our friends Compass are most famous for their groundbreaking work around insurance matters for gay men and women, they also have been known to arrange the odd mortgage and remortgage for their LGBT clients. Although the mortgage market has been very difficult since the banking crisis, we are now starting to see some early signs of recovery.

We thought it would be appropriate time to remind you that we are still here offering independent mortgage advice for those who are looking to either change their mortgage, or move home.

Here’s a brief summary of some of the things happening in the mortgage and remortgage market.

The government has recently announced the “Help to Buy Scheme” that will allow both first time buyers and existing home owners to take mortgages with only 5% and 10% deposits in 2014. This should give a boost to the housing market next spring and start the wheels moving again for people who are looking to move into to their next property.

Some of the requirements of the scheme mean that any applicants MUST have a good credit record, without any adverse credit such as county court judgements, arrears or defaults and also MUST be able to prove their income with either current payslips for employees or tax returns for the self-employed.

Mortgage lending is now calculated is a completely different way than before the banking crisis and Compass are currently helping a number of their existing clients work out their borrowing needs.They still offer mortgage advice on “Set Fee” basis meaning that you receive completely impartial advice independent from your bank or building society.

If you require more information on Gay, Lesbian, Bi Sexual or Transgender Mortgages  you can contact our sponsors Compass Mortgage & Insurance Services on 0845 474 3075, or by email at Enquiries@compassindependent.co.uk or on the web at www.compassindependent.co.uk



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  • About Us

    Pink Finance was first launched in the year 2000, as the UK’s first gay finance magazine. Over the years we have covered many discrimination issues affecting gay, lesbian, bi sexual and transsexual people.

    Our articles cover issues such as Gay Life Assurance, Gay Life Insurance, Gay Mortgages, Gay Income Protection, Gay Critical Illness Cover, HIV Life Assurance, HIV Life Insurance and HIV Mortgages.

    We also include feature articles on planning Life Assurance and Mortgages for LGBT and Alternative Families, along with articles with subjects such as Pensions and Investments for LGBT people.

    Our editor, Chris Morgan was part of the consultation group that led to the introduction of HIV Life Assurance and HIV Life Insurance for people living with HIV.

    He was a consultant to the Association of British Insurers for over five years and served on their HIV Insurance Working Group.

    Chris has recently rejoined the ABI working group, assisting them with their latest Best Practice guidelines and agreeing to write a new HIV and Insurance consumer guide.

    Our sponsors Compass have a long history of supporting worthy causes within the gay and HIV communities. Currently they are supporting NAM AIDSMAP who work to change lives by sharing information about HIV and AIDS.

    They believe that, wherever you are in the world, having independent, clear and accurate information is vital in the fight against HIV and AIDS.

    Compass Mortgage & Insurance Services is Authorised and Regulated by the Financial Conduct Authority.