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08
NOV
2016

Second charge lending defies Brexit fears with 6% rise

The second charge market “has taken post-Brexit uncertainty in its stride”, with new business volumes in the traditionally quieter August matching July and 6% higher than the same time last year, according to Enterprise Finance research. Its report shows that in July,...
01
NOV
2016

The new-builds catching house buyers in a leasehold property trap

When Clare Budgen bought her first house in Ellesmere Port in 2009 for £155,000 the last thing on her mind was the lease. Taylor Wimpey, the developer, arranged the lease on a 999-year basis, so what could the then 22-year-old possibly have had to worry about? But just seven...
28
OCT
2016

A third of contractors fear they are a mortgage lending ‘risk’

22% of contractors and self-employed workers believe the way they earn their income has made it more difficult for them to get a mortgage compared to when they were in full-time employment, Accord research reveals. Nearly a third (29%) of contractors believe that financial...
28
OCT
2016

Best-buy Mortgages – 28 October 2016

See our current best-buy fixed-rate, tracker-rate, buy-to-let and re-mortgages. Contact me for a personalised illustration.
19
OCT
2016

Mortgage costs fall by up to 5% in Q3

Most mainstream mortgage products have seen further cost reductions in the past three months, according to Mortgage Brain analysis. With a current rate of 1.89% (as of 1st October 2016), the cost of a three year fixed mortgage with a 60% LTV is now 5% cheaper than it was at the...
18
OCT
2016

Lifetime mortgage rates at record low post-Brexit

Lifetime mortgage rates have dropped to new record lows following reductions in government bond yields in the aftermath of the Brexit vote, according to Legal & General. Legal & General’s Flexible Lifetime Mortgage product now offers an interest rate of 3.71% fixed for...
14
OCT
2016

Mortgage Best Buys

To see our weekly update of best-buy mortgages, click here…
27
OCT
2015

Equity release sees biggest quarterly rise for 11 years

Figures just released by the Equity Release Council show a significant increase in demand for Lifetime mortgages. Lifetime Mortgages provide an opportunity for over 55’s to tap into their housing wealth and release funds for pretty much any legal purpose. For example, they...
05
OCT
2015

Is it worth using a mortgage broker?

Now there are more than 15,000 mortgage schemes available, this article from the Daily Mail explains the benefits of using a mortgage broker and what you should expect from us. Read more..
30
SEP
2015

Mortgage News & Information – October 2015

Published and distributed my regular mortgage newsletter today. This issue’s focus is on the growth of mortgage activity and re-mortgaging, as well as market updates. If you did not receive a copy, it can be viewed here – October 2015 Newsletter You can subscribe for...
18
SEP
2015

Is it time to review your mortgage?

Autumn is traditionally a busy time for the mortgage market, as homeowners and property buyers return from their summer holidays. Last year, gross mortgage lending reached £18.6 billion in October, the second highest level of the entire year. This year may be even busier as a...
05
SEP
2015

The rush to remortgage

What does this show? The chart shows the latest data up to July from the British Bankers’ Association on lending for house purchases, remortgaging and other secured lending. It reinforces the picture of a strongly rising mortgage market, with particularly lively activity in the...
01
SEP
2015

Re-mortgages reach record high

The average re-mortgage loan has reached a new high as homeowners cash in on rising property values, according to the National Mortgage Index from Mortgage Advice Bureau. Read more
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