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 […]
Swaps Rise As Lenders Consider Rate Increases Read More »
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
Darlington Building Society – Self Build Mortgage Products Read More »
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
IMDNE Conveyancing Powered by Movein Legal with FREE Homebuyers Protection Read More »
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
Swap Rate Volatility, Further Mortgage Rate Reductions and House Prices Fall Read More »
Shawbrook Enhance Commercial Finance Proposition Another great lender meeting today. Dylan Bleasdale from Shawbrook explained to Paul Mansell (IMDNE’s Head of Specialist Lending) why shifting market conditions over the last 12 months has resulted in a reduction in their minimum loan to £250,000 combined with a rate reduction to help landlords and investors looking to
Shawbrook Enhance Commercial Finance Proposition Read More »
Swap Rates Fall As Lenders Offer Further Reductions
Swap Rates Fall Further As Lenders Offer More Reductions Read More »
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
100% Mortgage From Skipton BS Supports Tenants & Landlords. Read More »
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
Bank of England Hold Rate At 5.25% – What Effect On Mortgages? Read More »
Conveyancing Quotation
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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
Inflation Falls To 6.7% – Is Another Rate Rise Likely? Read More »
