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).

Atom Bank 95% New Build With 5% Builders Incentive

ATOM Bank Launch 95% LTV For New Build Houses In Greater London & South East

Policy & Criteria Changes for New Build Houses Policy Change Atom Bank has launched products designed to help people in Greater London and the South East acheive theit homeowner dreams by enhancing affordabioty and increasing the Loan to Value (LTV) limits for New Build houses within the postcode prefixes listed below.   Greater London SM, […]

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Lender Rate Reductions

Lenders Drop Rates As Swap Rates Stabilise

Mortgage Rates Reduced Following the election, the swift rise in swap rates led many lenders to increase their mortgage rates. This strategic move was designed to protect against potential future borrowing costs. However, as swap rates stabilised, lenders grew more confident in the market’s equilibrium. This newfound stability enabled them to reduce mortgage rates, benefiting

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Bank of England

Base Rate Held At 5.25% While Inflation Meets 2% Target

Base Rate Held At 5.25% Bank of England’s (BoE) Monetary Policy Committee (MPC) again voted 7-2 to maintain the current Base Rate at 5.25% for the seventh consecutive month despite inflation falling further to their 2% target. This decision was again followed, as in previous months, by initial promises of an imminent rate reduction. However,

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Digital Mortgages

Near Prime With Digital Mortgages

Digital Mortgages Announces Exciting New Policy Changes for Near Prime Products Digital Mortgages by Atom Bank believes that those with less-than-perfect credit deserve more options in the market. Their Near Prime range is designed to help individuals and families who might have faced financial difficulties in the past. With these policy changes they are committed

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General Election Ballot Box

Inflation Falls To 2.3% – Why Are Short Term Rate Cuts Unlikely?

Rate Cut In Doubt As Inflation Falls It was announced this week that inflation fell from 3.2% to 2.3%, slightly above the market forecast of 2.1%. Though smaller than expected, the drop is still positive as it is now lower than the Eurozone and US inflation figures. A rate cut in June now seems highly

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Bank of England

Base Rate Held At 5.25% While Inflation Falls To 3.2%

Base Rate Held At 5.25% At todays Bank of England’s (BoE) Monetary Policy Committee (MPC) meeting they voted 7-2 to maintain the current Base Rate at 5.25% for the sixth consecutive month despite inflation falling further to 3.2%. This decision was followed, as in previous months, by initial promises of an imminent rate reduction. However,

Base Rate Held At 5.25% While Inflation Falls To 3.2% Read More »