Independent Mortgages Direct NE

Gary Howe

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).

Skipton Group Team Meeting

100% Mortgage From Skipton BS Supports Tenants & Landlords.

100% Mortgage Supports Tenants & Landlords 100% Mortgage Based On Rental Track Record Excellent team meeting today with James Duffy from Skipton Building Society, discussing the options available to Landlords and Tenants as rental income and mortgage payments are squeezed from both sides in the current market.   Most Landlords I know don’t like selling […]

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Bank of England

Bank of England Hold Rate At 5.25% – What Effect On Mortgages?

Today, the Bank of England (BoE) Monetary Policy Committee voted by a narrow majority of 5-4 to hold the Base Rate at 5.25% despite yesterday’s 6.7% inflation announcement that fuelled speculation that a 15th consecutive increase was highly likely. The decision to hold the rate will likely result from a slowing economy and its broader

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Inflation Graph Oct 20 - Aug 2023

Inflation Falls To 6.7% – Is Another Rate Rise Likely?

Mortgage lenders have recently re-priced products based on an anticipated 0.25% interest rate increase tomorrow. That would be the 15th consecutive increase, taking the base rate from 5.25% to 5.5%, but this now looks less likely. Financial markets have reacted to the inflationary figures with short-term (2 and 5 years) Swap Rates falling by almost

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Inflation Falling Graph With Union Jack

Inflation Falls to 6.8% while House Prices Remain Steady

/ Inflation / By Gary The latest figures from the Office for National Statistics (ONS) below show inflation falling from 7.9% in June to 6.8% in July. With inflation heading in the right direction, Swap Rates stabilised and lenders continuing to apply rate reductions to their products we may be turning the corner but should not be complacent

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Mortgage Price War Lenders Logos

Mortgage Price War Predicted As Lenders Offer Rate Reductions

Despite last weeks interest rate increase by the Bank of England (BoE) in a further attempt to control inflation the UK’s largest residential mortgage lender Halifax have adjusted their pricing and reduced rates by as much as 0.71% on selected fixed rate product with other big lenders having already done so sparking predictions of a

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Buy to Let EPC SHowing Needle In Red

BREAKING NEWS – Landlords Given 3 More Years To Reach EPC Minimum

Ministers are considering a punitive scheme to fine landlords if they fail to upgrade their properties to a minimum band C by an extended deadline of 2028 instead of the current 2025. The Department for Energy Security and Net Zero had previously proposed a deadline of 2025 for newly-let rentals to achieve an energy performance rating of

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