Estate Agents in BIG trouble

This is interesting http://www.mortgagesolutions.co.uk/news/2018/07/02/7000-estate-agents-financially-struggling-study-shows/?utm_source=customsell&utm_medium=email&utm_campaign=msol-house-advert-mai-1530526514 More than 7000 estate agents are in fear of FINANCIAL DISTRESS with two majors issuing low profit warnings to there share holders. Looks like on-line estate agency is taking a much bigger bite of the ever shrinking housing market. Could this be the end of the smooth talking, Gucci suit, Doice & read more

Help to Buy re-mortgage. The sting in the tail.

Please read http://www.mortgagesolutions.co.uk/your-community/2018/06/27/help-buy-remortgages-none-big-players-innovative-enough-marketwatch/?utm_source=customsell&utm_medium=email&utm_campaign=msol-market-watch-1530107885 Although the industry professional interview broadly like Help to Buy I can say that trying to re-mortgage people away from this is nothing short of a nightmare. Even if the client has the equity to re-mortgage and clear the Help to Buy debit, the legal process is very slow as the Help to read more

Brokers are fed up with lenders last minute declines

A must read !!! http://www.mortgagesolutions.co.uk/news/2018/06/26/brokers-vent-frustration-lenders-change-minds-deals/?utm_source=customsell&utm_medium=email&utm_campaign=msol-editorial-2606-first-send-1530007829 The article states that there is a break down between the Business Development Managers and the underwriters that results in a case being turn down and the broker looking foolish. read more

Great News! Lenders are loosing up

Please read this article http://www.mortgagesolutions.co.uk/news/2018/06/25/mortgage-lenders-quietly-relaxing-criteria-brokers-say/?utm_source=customsell&utm_medium=email&utm_campaign=msol-editorial-2506-first-send-1529920650 Excellent! Lenders are loosing up there criteria but, it does not mean that they are lending like they did before the credit crunch. They are allowing you to borrow a little more based on your income and some are small building societies are falling in line with other financial read more

Life time mortgages

Are you over 60 and have a interest only mortgage? Is the bank looking for the money you borrowed back? Have you been turn down by a lender because of affordability? If you answered yes to any of the above help is at hand. M.I.C. can now arrange life time mortgage as long as you are willing to pay the interest every month. Call us for full details 01698283301 read more