Gary Howe - Independent Mortgages Direct NE

Inflation Falls, Swap Rates Down – Mortgage Rate Cuts On The Way ?

The Office for National Statistics (ONS) released figures today showing better-than-expected figures for inflation, which fell sharply from 6.7% in September to 4.6% in October. The sharp fall in inflation is mainly attributed to another fall in energy prices. The sharp fall in inflation justifies the Bank of England (BoE) Monetary Policy Committee’s decision to […]

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New Build Update – Mortgage Advice From Artificial Intelligence

New Build / Gary Howe

INDEPENDENTMortgages Direct NE All too often, clients buying a New Build property say, “The Builder is insisting I use their mortgage adviser”, which usually leads to a further discussion around why we are “Independent” and “Whole of Market”. We are not part of a Mortgage Network working from a limited panel of lenders, have no ties with

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Rememberance Day – Lest We Forget

Uncategorised / Gary Howe

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Leeds Building Society Limited Company Buy to Lets

Buy To Let / Gary Howe

Newly Established Companies Accepted Great meeting today with Jacqui Weddell and Martese Carton from Leeds Building Society, going through the benefits of their Limited Company Buy to Let offering. Minimum Valuation £50,000 No Minimum Income Requirements Up to 80% Loan to Value Available For Properties With An EPC “C” or Higher Up to 4 Shareholders/Directors

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Nationwide 0% Green Additional Borrowing

Nationwide Additional Borrowing At 0%

Mortgage Market / Gary Howe

Existing Nationwide mortgage customers looking to fund any home improvements listed above may be eligible for their NEW – 0% Green Additional Borrowing product fixed for five years. SCHEDULE AN CALLBACK

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Bank of England Holds Base Rate At 5.25% – Have Mortgage Rates Peaked?

Interest Rates / Gary Howe

The Bank of England (BoE) Monetary Policy Committee voted again today to hold the Base Rate at 5.25% for the second consecutive month. With signs of core inflation and the slide on Sterling both easing, concerns are turning to the risk of a slowing economy and the effect this is all having on the jobs

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Swaps Rise As Lenders Consider Rate Increases

House Prices, Interest Rates / Gary Howe

Swaps Rise As Lenders Consider Rate Increases Swap Rates 12/10/23 Swap Rates 27/10/23 Swap Rate Increase The five and ten-year Swap Rates worryingly increased steadily this week as UK inflation holds at 6.7%. Lenders are watching the markets and waiting for next week’s Bank of England decision, but some have chosen to increase their rates

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Team Meeting With Darlington Building Society

Darlington Building Society – Self Build Mortgage Products

Mortgage Market / Gary Howe

Excellent team meeting with Sarah Rose from Darlington Building Society, sharing details of their new application system and extensive mortgage range covering the following specialist areas. Lending Into Retirement With No Maximum Age Holiday Lets Expat Buy to Lets Self-Build & Custom Build Renovation Projects – See Below Self Build Project If you’re looking for

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IMDNE Conveyancing Powered by Movein Legal with FREE Homebuyers Protection

Conveyancing / Gary Howe

The list opposite shows the current turnaround time in days for each Local Authority to provide a Local Search. If the search is ordered on Day 1 of the legal instruction, it will prevent waiting up to 35 days for it to be returned, cutting the time required to get the keys to your new

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Swap Rate Volatility, Further Mortgage Rate Reductions and House Prices Fall

House Prices, Interest Rates / Gary Howe

Swap Rate Volatility, Mortgage Rate Reductions and House Prices Fall Swap Rate Volatility Volatility in the swap market continues, with 2-year swaps increasing slightly while 5 and 10-year swaps continue to fall, implying market expectations that interest rates will remain higher for longer. More Lenders Reduce Rates Mortgage approvals for house purchase and re-mortgage transactions

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