The Mortgage House

Worth a Quick read

Bank Rate cut spurs market upturn in August - Rightmove - The Intermediary - Latest UK mortgage news The average price of property coming to the market for sale in August saw a seasonal drop of 1.5% to £367,785.

Interest Rates are starting to DECREASE! you should be looking now if your rate is due to expire in the next 6 months!!!

nextdoor.co.uk

Is your remortgage coming up but because of all the talk of high fixed rate mortgages, you're putting it off?

You may be pleased to hear there are other options available

There are other products such as tracker mortgages that could be suitable for you

To get started, pop us a message or give us a call to discuss the options available to you:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Bank of England on LinkedIn: Governor’s November 2023 MPR video Governor Andrew Bailey explains today’s interest rate decision.

A must read for all Landlords old and New
The report also examines how the energy performance of property in the private rented sector has improved over the past decade on the back of landlord investment, with the proportion of properties at EPC A-C now higher than in the owner-occupied sector.

It investigates landlords’ awareness of the Government proposals and how they would adapt their portfolios to meet the minimum standards if introduced as proposed. We also examine some of the barriers they face to upgrading property and what action and support they would like to see from the Government and finance sector.

The Rental Sector Energy Challenge Proposed new energy efficiency standards for rental properties presents a challenge for landlords, but greater clarity is needed. Find out more in our rental sector energy challenge report.

Is your mortgage term coming to an end?

Your current provider may already have sent you details of rates they can offer, however, it is generally better to switch lenders as new lenders can offer great interest rates to entice customers. We have access to a large panel of lenders, meaning we can find you the very best deal to save you £££.

If you're worried about affordability with changing lenders due to the current pandemic and a dip in income, please get in touch and we can help you secure the best rates available

📱 01273 870302
✉️ [email protected]
💻 https://bit.ly/3rVCbul

The Mortgage House News Letter -

The Mortgage House News Letter In recent times we’ve seen a fairly turbulent mortgage marketplace, with lenders pulling products and re-pricing them upwards, largely in response to the stubbornly high inflation figure - which also drives up the Base Rate. Swap Rates (which influence fixed rate mortgages), have also been rising....

The Bank of England meet next Thursday 22nd June get in early to secure your new rate.

If you’re on your lender’s standard variable rate, you could be overpaying on your mortgage 📈

A fixed-rate mortgage product could help you combat the potential interest rate rises 👍

Get in touch to discuss your options to move on to a fixed-rate mortgage.

📱 01273 870302
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Are you too old to get a mortgage? ….. The answer is NO!

There are no official age limits on taking on a new mortgage, however, each lender may have their own terms
As a mature borrower, you may have access to different rates, terms and deals - more than you may think

Speak with us and let’s see how we can help:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

A mortgage with a guarantor is one where someone else, besides you, is held legally accountable for repaying the loan in the event that you are unable to do so.

For those who have little (or no) deposit, bad credit, unpredictable income, or a variety of other borrowing barriers, a guarantor mortgage may be an alternative.

Every lender has its own criteria, however, you may be able to increase your borrowing amount

To find out more and to discuss whether it's an option for you, get in contact today:

📱 01273 870302
✉️ [email protected]
💻 https://bit.ly/3rVCbul

With the cost of living increasing all the time and people worrying or struggling with how much things have increased, we would recommend checking this out:

The Money saving experts have created a great cost of living survival kit!

Read here: https://bit.ly/3N0Va1k

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Don’t want to or can’t rely on the bank of Mum and Dad for deposit help?

There may be other options available for you in the shape of 5% deposit schemes!

Speak to us to find out more and how we could help:

Get in contact today to discuss the options available to you:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

At which point do you contact your mortgage advisor, once you've decided to move home?

If you've decided you want to move, the answer is right away!

It is a well-known fact that moving home is one of life's most stressful events. This can be managed
by being financially prepared and with knowledge of your budget and potential limits. Not only that
but approaching a potential seller and their estate agent with your facts and figures ready will
undoubtedly increase your chances of successfully negotiating an offer to buy your new home.

📱 01273 870302
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Happy Valentines Day from us here at The Mortgage House!

🧡❤️💜💙💛💚

Going to a mortgage lender directly doesn’t mean you’ll always get the most suitable deal !

Nor does it mean they’re as equipped to help with your circumstances as specialist lenders are
That’s where we come in.

Even if you’ve had bad credit in the past, we may still have lenders that can help.

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

You can get mortgages if you have had bad credit in the past or indeed have bad credit now. Normally it means you need a larger deposit if you are buying a home or if you wish to remortgage it means you need to have a certain amount of equity in your property.

The mortgage lenders who lend in this area are called “sub-prime” or “adverse” lenders and they will charge you higher rates than what high street banks or building societies will charge you. In almost every case you will need to speak with an Independent mortgage adviser to arrange this mortgage for you because many of these lenders do not deal with the public directly.

The amount rate charged will be dependent on how bad your credit is. For example, the worse your credit the more deposit you need and the higher the interest rate charged. These lenders will not be able to help people in all instances so please get in touch with one of our experts to see if you qualify.

Contact us for more information:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

We've all heard the fable of the tortoise and the hare, but in the case of your remortgage, slow and steady does not win the race.

Get it sorted sooner rather than later, that way you’ll have more time to hang around, with fewer worries weighing you down!

Get in contact today to discuss the option available to you:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Question!
Would you fit a new Kitchen, Bathroom or Boiler with zero experience or would you get a professional in?

By seeing us about your mortgage you'll have access to more mortgage deals than if you went directly to your bank.

We'll also do the paperwork, be on hand for any questions and support you along the way!

Get in contact today to discuss the options open to you:
📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

** Interesting Fact **

Almost six in ten deals (57%) coming up for renewal in 2023 are at rates below 2 per cent, according to ONS statistics.

We won’t beat around the bush to tell you it’s not going to be a below 2% deal like it was 2 years ago.

But by preparing yourself for the current rates, and by doing it 6 months before it’s due, you’ve got time to sort your budget!

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Rate War ! did you know you can book a new rate 6 months in advance with some lenders!

Fixed rates plummet as a price war takes hold – L&C Mortgages - The Intermediary - Latest UK mortgage news The average 2-year rate has fallen from a peak of 5.90% in November to 4.67%, whilst 5-year rates have dipped to 4.32% from 5.67%.

These past few months, the discussion between tracker and fixed rate mortgages has received a lot of media coverage.

Which one would be best for you, you might be wondering?

We'll be available to talk with you to help you decide what's best for you, so don't worry.

Get in contact today to discuss the options open to you:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Are you overloaded with information and stressed trying to find all of the information on your mortgage?

Constant searching of different terminology and of different lenders.

Creating your own spreadsheet comparisons.
Pulling your hair out at all the jargon?

Don’t let looking for your mortgage drive you up the wall, let us take the steering wheel on your search.

Get in contact today to discuss the options open to you:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

In 2022 53% of home buyers were first timers!
We want to help YOU make it this year
Could this be your year to make a house your home?

Let's get you started on your property journey
Looking to buy for the 1st time? Get in contact to discuss the options open to you:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Source: https://buff.ly/3VWhPjy

The 'Help to Buy' is drawing to a close, with deadline day being 31st March 2023.
With this in mind, we’ve been inundated with questions related to alternative first-time buyer schemes.
So, what support is out there for first time buyers?

Get in contact today to discuss the options open to you:

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

Worried about the impact of an increased mortgage rate, and increase of other bills?

Switching to interest only for your mortgage, fee free!

A repayment plan will need to be in place if this option is to be considered.

Want to know more?

We’re here to help, book your appointment today

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul

“It’s going to be impossible to get the same rate we’re on now in our new house”

Don’t doubt the magic of porting!

You could take your current mortgage rate with you and run it alongside additional borrowing on a new rate if necessary.

Want to know more?

We’re here to help, book your appointment today

📱 07821 409589
✉️ [email protected]
💻 https://bit.ly/3rVCbul