The uncertainty witnessed in the run-up to the General Election led to significant changes on the UK mortgage front. Indeed, the latest figures showed a significant rise in the number of mortgage approvals granted in April this year. A total of 42,116 approvals were granted for house purchases that month. This was a rise of … Continue reading “Pre-Election Jump in Mortgage Approvals Leads to Encouraging Figures”

Can we predict what the next 12 months may bring for the mortgage market? Many experts have attempted to do this, but there is some disparity among their ideas. Even the quickest look at search engine results for news on house price and mortgage predictions for the New Year reveals a wide range of beliefs. … Continue reading “Predictions for the Mortgage and Housing Market in 2017”

ING Direct On the 9th November ING Direct will be reducing some rates on their fixed rate mortgage deals and their tracker deals. Aldemore Bank Aldemore bank has also recently reduced their rates on their core range of mortgage products. A niche bank that offers mortgages without credit scoring which means if you have recently … Continue reading “Product Changes Rates on the Way Down”

The latest property research from Zoopla has revealed some towns are doing better than others when it comes to property prices. Zoopla looked at the property values across the board over the first three months of 2018, and they have made for interesting reading. For while some towns have seen notable rises during that period, … Continue reading “The Top 5 towns for house price growth in 2018”

Article: Real Case Study (Ref- tmblwardapril2012-05-15) In todays mortgage market it is very rare to get a mortgage from application to offer within a couple of weeks, let alone a couple of days. However in the right circumstances The Mortgage Broker (St Neots) Ltd has shown that a mortgage offer can be produced in a … Continue reading “Quick Mortgage Offer 2 Days!”

With so many dark clouds over Britain’s economic skies, it is nice to hear something positive from the UK mortgage market. The most recent figures from the Council of Mortgage Lenders (CML) have revealed sharp increases in the sale of homes over the past few months, with the mortgage approval levels in January being the … Continue reading “Reasons to be Cheerful in the UK Mortgage Market”

Why a Quarter of All Home Buyers Are Refused a Mortgage and What to do if You’re One of Them! Applying for a mortgage is an exciting and potentially nerve-wrecking prospect. It might mean you are considering buying your first property, buying your next property or refinancing your current home. It is an important milestone … Continue reading “Why Mortgages Get Declined”

The Chelsea Building Society launched a new product this week which the lender boasts is its lowest ever priced five-year fixed-rate mortgage. If potential borrowers can find a 30 per cent deposit, then the Chelsea has a mortgage available of up to 70 per cent loan-to-value (LTV) with an interest rate of just 3.19 per … Continue reading “Record Low Mortgage Deal from the Chelsea Building Society”

If you read the papers or kept up with the news last month, you would have assumed nothing was happening apart from the lead-up to (and the fallout from) the UK Referendum. However, now we have the figures for mortgage lending for that same month, and it would appear there was a lot of activity … Continue reading “Referendum? What Referendum? Boom in Mortgage Lending in June”

Residential remortgages have proven marginally more popular at The Mortgage Broker Limited in the first eight months of 2017, according to new data released by the company. Remortgages accounted for 24.9% of total mortgages taken out over that period, while residential purchases were just behind on 24.5% of the total. Buy-to-let remortgages also proved to … Continue reading “Remortgages Pip Purchases to the Post at The Mortgage Broker Ltd”