Independent Mortgages Direct NE

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Gary

Qualified and experienced Mortgage Broker and Principle of IMDNE with over 30 years experience looking after retail mortgage customers. Authorised and Regulated by the Financial Conduct Authority (FCA Ref 301727) and a member of the Association of Mortgage Intermediaries (AMI).

Mortgage Rate Lottery Ball

Lenders Resume Fight For Business As Swap Rates Continue To Rise

Inflation, Interest Rates, Mortgage Market /

Rate Reductions Amidst Uncertainty In a bold move this week, numerous lenders have opted to reduce their rates, aiming to invigorate business volumes in the face of persistent inflationary pressures. Despite reports indicating stubborn inflation, these lenders are betting on rate reductions to stimulate demand and bolster their market share. The decision comes amidst widespread […]

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Accord £5k Deposit First Time Buyer Mortgage

£5k Deposit Mortgage For First Time Buyers Up To 99% LTV

First Time Buyer, Purchase /

Product Summary Accord Mortgages has launched a new product tailored for those taking their first steps into homeownership today. To be eligible, at least one applicant must be a first time buyer, defined as someone who has never owned a property before. Additionally, applicants must have a minimum deposit of £5,000. Here are the critical details of

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Bank of England

Base Rate Held At 5.25% As Inflation Falls To 3.4%

Inflation, Interest Rates, Mortgage Market /

Base Rate: 5.25% Inflation: 3.4% Average House Price: £285,000 Bank Of England MPC – Why They Are Wrong It’s a glaring disgrace that the Bank of England’s Monetary Policy Committee (MPC) has voted 8-1 to turn a blind eye to the genuine financial struggles facing the public despite a noticeable drop in inflation. With inflation

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Susan Baillie - Precise and Kent Reliance BDM

Two Brands One Mission – Precise & Kent Reliance Mortgages

Buy To Let, First Time Buyer, Purchase /

The Mission – Should You Choose To Accept 80% Ltd Co Buy To Let 95% – No Credit Scoring Investing in buy-to-let properties through a limited company structure can offer several of the following advantages: Tax Efficiency. Limited Liability. Estate Planning and Succession. Flexibility in Ownership Structure. Structuring buy-to-let investments through a Ltd Co can

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Interest Rate Seesaw

Lenders Increase Rates As Swap Rates Remain Steady

Interest Rates, Mortgage Market /

Lenders Increase Rates This week, a wave of lenders increased their rates upward, driven by unexpected inflation figures. As consumer prices returned above initial forecasts, lenders faced heightened operational costs and increased risk exposure. To maintain profitability and safeguard against inflationary pressures, these lenders are compelled to adjust rates accordingly. What Next For The Bank

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Dudley Building Society

Ex-Pat Foreign Currency – Residential and Buy to Let Mortgages

Buy To Let, Purchase /

Ex-Pat & Foreign Currency Residential & Buy-to-Let Mortgages In today’s global market, navigating the intricacies of mortgage offerings can often feel like traversing a complex maze. However, amidst this complexity, there are gems to be found with lenders’ propositions tailored to meet the diverse needs of potential homeowners and property investors. One such gem is Dudley

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Glenhawk Bridging

Glenhawk Offers Flexible Bridging Finance Solutions

First Time Buyer, Interest Rates, Purchase /

Bridging Finance – Flexible Solutions Great meeting between Paul Mansell and  Annaliese Melvin from Glenhawk, a leading name in bridging finance, who has recently unveiled a comprehensive range of new products designed to cater to diverse property scenarios. Whether you’re a seasoned property investor, a developer, or a homeowner looking for financial solutions, Glenhawk’s latest

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Victoria Goodman - TSB

TSB Increases Affordability For First Time Buyers

First Time Buyer, Interest Rates, Purchase /

Increased Affordability For First Time Buyers Excellent team meeting today with Victoria Goodman, discussing how many first-time homebuyers need help determining if they can afford their dream house, particularly in light of soaring property prices. In a unique and bold move, TSB has introduced new products to their mortgage range, specifically designed to improve initial

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Mortgage Rate Lottery Ball

Has The Bank Of England Waited Too Long To Cut Rates?

Interest Rates /

Tracker Mortgages – Time to Get Out? Economists and financial experts analysing the mortgage market recommend that now might be the best time to switch from a variable-rate mortgage. This advice comes after approximately 77,900 homeowners opted for variable-rate mortgages in 2023, the highest number since 2017. Currently, the lowest available tracker mortgage rate is

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