Mortgage approvals took another tumble in October – this time leading to the lowest level of approvals in 13 months. September saw 41,576 approvals for house purchases, while October saw a fall to 40,488 – a difference of 1,088. Some experts think this figure could dip further still in the coming months, given the signs … Continue reading “Mortgage Approvals Dip Lower in October”

It’s official – the era of competitive mortgage rates under 1% is now over. The country had enjoyed a period of around 18 months where there were several products available at either just above 1% or below it. This was offered as recently as September, when would-be home buyers could apply for a 0.99% two-year … Continue reading “Number of Home Loans Under 1% Shrinks to Just One”

It is a headline many of us expected, but perhaps not to the degree that has occurred. The Council of Mortgage Lenders has confirmed a “weak start to 2017” for the buy-to-let market, and there is no sign this will change at present. Activity in this portion of the housing market is around half the … Continue reading “Buy to Let Sales Suffer in the Last Year”

It was inevitable that it was going to happen, it was just a question of when. We believe that rates will be increased this Friday for Product Transfers Product Transfer rates are the deals that existing Halifax mortgage customers have access to which are available without any further underwriting. Since Halifax announced that their standard … Continue reading “Halifax Mortgage Rates on the Way Up”

The following is a real life case study that took place in March 2012 to show that there are still lenders that will consider some outside of the box thinking when applying mortgage underwriting. What did the client want to achieve? An existing client approached us to look at porting his existing Woolwich residential mortgage … Continue reading ““Outside of the Box” Mortgage Underwriting”

There are many decisions to be faced when you are looking to purchase a property. Which mortgage is best for you? Which repayment terms are best? Which lender is going to give you the best deal? Added to all that is the option of whether you should use the services offered by a mortgage adviser … Continue reading “Estate Agent’s Mortgage Adviser or Mortgage Broker?”

The Facts About Mortgages for People with Low Income What is a low-income mortgage? If you need a residential mortgage but are concerned that your low income will make this impossible, think again! Some mortgage lenders will be very happy to consider lending to you although, you need to know which lender to approach as … Continue reading “Expert Guide To Low-Income Mortgages and How to Get One!”

As an existing / current client of the company I would really appreciate two minutes of your time to vote for us in The British Mortgage Awards. This award would mean a lot for our Company as it helps build trust and respect to other clients who are looking for mortgages and helps give them … Continue reading “Vote for The Mortgage Broker in the British Mortgage Awards”

Is it Possible to Obtain Ex-Pat Mortgages in the UK? Some mortgages are far easier to find than others, at least where a range of choices is concerned. Ex-pat mortgages do not usually fall into this bracket, however. While you can obtain an expat mortgage in the UK today, very few lenders are willing to … Continue reading “Ex-Pat Mortgages”

The government announced at the weekend that English first-time buyers are set to benefit from its new mortgage indemnity scheme the so-called NewBuy initiative. The new scheme is being sold as a chance for younger Britons to get a chance to climb onto the UK housing ladder despite today’s adverse economic conditions. Under the scheme, … Continue reading “New Government Mortgage Indemnity Scheme Launched”