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).

Swap Rate Volatility Continues - May 23

Lenders Withdraw Products Following Swap Rate Volatility

Several lenders have been forced to withdraw their mortgage products over the last 24 hours in the face of ongoing Swap rate volatility and the adjustment funding markets are making in anticipation of further increases by the Bank of England (BoE). The changed expectation follows the release of data from the Office for National Statistics […]

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Inflation Falling Graph With Union Jack

Headline Inflation Falls but Mortgage Rates Predicted to Rise

The Office for National Statistics (ONS) confirmed inflation has eased to 8.7% in April down from 10.1% in March, following a recent peak of 11.1% in October 2022. The easing has been attributed to gas and electricity price changes while other categories such as recreation, alcohol, tobacco, communication and transport increased. Although headline inflation has

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House Price Falling Graph

House Prices Down 2.3% In November – Largest Drop Since Financial Crisis

In November, house prices were down 2.3% in a month to an average of £285,579, according to the latest Halifax House Price Index. Overall almost £7,000 was wiped off house prices as the UK registered its third consecutive month of price falls and the largest since the financial crisis in 2008. But average prices are

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