Mortgage Price War is Over

I have read an article expressing the doom and gloom of the current interest rate raise expressing how not only the base rate raising to .50% but also how the fix, tracker and discount rates have also climbed. Here is the article if you would like to read http://www.thisismoney.co.uk/money/mortgageshome/article-5077957/End-line-sub-1-mortgage-rates.html What does this mean in real terms for most us leaving in Scotland? Around £8.00 more per month. That’s right £8.00 Does this mean that our customers should read more

Want to increase the value of your home???

I have read an article about Mr and Mrs Rafferty and how they added value to their home by raising money to complete and extension and replace windows. (READ HERE if you are interested) http://www.telegraph.co.uk/personal-banking/mortgages/remortgaged-renovate-homes-worth-extra-200k-rising-rates-still/ Maybe you are the type of customer who would like to stay put in their current home but need more space. The answer could be found in the equity of your current home. For example, if your current home is read more

An average of 12.2% of all UK property stays on the market for 6 months or more

An average of 12.2% of property that is for sale has been on the market for 6 months or more This is an interesting article https://www.mortgagestrategy.co.uk/survey-finds-12-5-uk-properties-market-6-months-longer/ It says that despite what we are experiencing in Lanarkshire some area of the market is still sluggish in sales. London is one of the worst with 22% of house still on the market for ½ a year or more. I would love to see a break down, flats vs house showing which type of property is on the market read more

Treasury keen to include rental payment on credit reports

I have just read an article saying that the treasury is keen to include rental payment on credit scoring websites like Experian, Call Credit and Equifax. The article goes on to say that minsters are discussing this issue and are keen to put through a motion for good tenets to increase their credit profile and possible be home owners in the future. Read here if you are interested in the article read more

Rare moment as savers and borrowers are all winners

I have just finished reading a great article about small banks raising their interest rates for savers to over 2% which is driving the market up with other banks. The article also discussed the raising of the “swap rate” which dictates the price of most fixed rate deals. Read the article here http://www.telegraph.co.uk/personal-banking/savings/rare-moment-savers-borrowers-winners/ Even though the swap rate has increase since the referendum the deal are still fantastic for anyone with a 10% deposit or read more