Gary Howe - Independent Mortgages Direct NE

Glenhawk Offers Flexible Bridging Finance Solutions

First Time Buyer, Interest Rates, Purchase / Gary Howe

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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TSB Increases Affordability For First Time Buyers

First Time Buyer, Interest Rates, Purchase / Gary Howe

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

Interest Rates / Gary Howe

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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Paymentshield Increase Policy Limits

Insurance / Gary Howe

Great meeting with Keith Smith from Paymentshield, who revealed insights into their Top 5 Claims, showcasing exactly why their NEW increased policy limits are a game-changer for your financial security. The new policy limits bring a golden opportunity to ensure your Buildings and Contents are covered adequately, safeguarding your treasured possessions against the unexpected. Don’t

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HSBC’s Pivotal Role in Shaping the Mortgage Market

Mortgage Market, Purchase, Re-Mortgage / Gary Howe

Excellent team meeting today with Lucy Hall, discussing how HSBC has emerged over the last six months as a formidable force in the mortgage market, significantly influencing lending trends and interest rates. This period has seen the banking giant expand its mortgage offerings and introduce competitive rates that have benefitted borrowers. HSBC’s strategic moves have enhanced

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Base Rate Held At 5.25% While Lenders Increase Rates

Inflation, Interest Rates, Mortgage Market / Gary Howe

Base Rate Held At 5.25% At the first Bank of England’s (BoE) Monetary Policy Committee (MPC) meeting in 2024, they unsurprisingly voted 6-3 to maintain the current Base Rate at 5.25% for a fourth consecutive month, backed by the objective to bring inflation down to meet their 2% target. The decision to hold the UK

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Swap Rates Break Through 4% As Lender Competition Slows

Interest Rates / Gary Howe

Mortgage Rates Under Pressure The swift rise of swap rates to over 4% marks a critical juncture for the mortgage industry. This increase elevates the cost of borrowing for lenders, directly impacting their profit margins. Fueled by intense competition, the recent trend of reducing mortgage rates faces a sustainability crisis. Lenders can only maintain these

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Virgin Money & Clydesdale Offer Enhanced Affordability For Company Directors

Mortgage Market / Gary Howe

Excellent team meeting with Kim Dickinson, presenting Virgin Money and Clydesdale’s Enhanced Affordability calculations for Limited Company Directors. Mortgage affordability can significantly improve by strategically utilising both salary and share of company profits. Traditionally, lenders focus on personal income for mortgage assessments. However, directors often reinvest earnings into their businesses, understating their true financial capacity.

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Lenders Fight For Market Share As Swap Rates Increase

Inflation, Interest Rates / Gary Howe

Mortgage Rates Fall As we step into 2024, the mortgage lending sector is witnessing an intense battle for market share. This competition is unfolding against a backdrop of global financial pessimism, heavily influenced by current UK and world events. The uncertainty surrounding these events is shaping monetary policies, adding layers of complexity to an already

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Specialist Lending – Helping Clients Acheive Their Goals

Case Study, Commercial Finance / Gary Howe

Specialist Finance An amazing start to 2024 as our Specialist Finance Team, in partnership with Cambridge & Counties helps a client achieve their goal. We have has always been driven by a passion to see clients succeed, and this year, we’re already witnessing the remarkable value that tailored financial solutions can bring to ambitious projects. Specialist lending

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