Help to buy! Is it really helping???

I have never been a fan of Help to Buy but the article below explain, eloquently, more reasons why it is not a good idea. https://www.mortgagesolutions.co.uk/news/2018/09/18/help-buy-skewed-housing-market-needs-targeted-cochrane/?utm_source=customsell&utm_medium=email&utm_campaign=ms-house-advert-1809-1537265992 read more

We became homeowners 12000 years ago

This a good article that talks about increased house prices and the need to look way back into our pass https://www.telegraph.co.uk/personal-banking/mortgages/humans-became-homeowners-12000-years-ago-time-return-nomadic/ read more

First time buyers outstrip home movers since 1995

This is a good article. http://www.financialreporter.co.uk/finance-news/first-time-buyers-outstrip-homemovers-for-first-time-since-1995.html I have noticed that home movers are reluctant to move until they have found the perfect home. In the past they would list there property and then go find a new house. Not anymore. This makes for a shortage in the house market. Perhaps people are choosing to stay put. 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

Should 100% mortgages make a come back????

Three market industry leader have there option of a 100% mortgage making a return. Read here if interested http://www.mortgagesolutions.co.uk/your-community/2018/03/21/100-ltv-mortgages-make-comeback-marketwatch/?utm_source=customsell&utm_medium=email&utm_campaign=msol-editorial-newsletter-market-watch-house-advert-bsla-21-march-1521644293 Here is my 2 cents worth. Yes they should but, under the following criteria. 1) Minimum interest rate should be 5% and this would be fixed for 5 years 2) Bring back read more

RATE RISE Millions of homeowners could face shock mortgage bill rise this month

I have completed reading an article stating that millions of mortgage customers could face “shock” of a potential rate rise by the end of the month. Read here https://www.thesun.co.uk/money/5505102/millions-of-homeowners-could-face-shock-mortgage-bill-rise-this-month-heres-how-to-avoid-it/ When you look at the real monthly figures, too me it does not look that bad. The example used on a £250,000.00 mortgage over a five-year fixed rate, could go up by £30.00 per month. Really!!!! This will be a shock???? read more

Mortgage fixed rate products low because of a sluggish housing market

I just finished reading an article about how the mortgage fixed rate products are being kept low because of a sluggish housing market. Read here if you are interested. http://www.telegraph.co.uk/personal-banking/mortgages/sluggish-housing-market-keeps-mortgage-rates-rock-bottom-even/ It amazes me on the flip flog news article I am seeing of late. One article stating that rates are going up and expect doom and gloom and then others saying how the rate will stay low. I know everyone has an opinion, but these are read more

FTB pay no stamp duty but what about Scotland???

I have just read that the chancellor is eliminating stamp duty for FTB's up to £300,000.00 Read the article. http://www.mortgagesolutions.co.uk/news/2017/11/22/budget-2017-hammond-slashes-stamp-duty-for-first-time-buyers/?utm_source=Adestra&utm_medium=email&utm_term=&utm_content=&utm_campaign=Daily%20SP29%20TML&utm_campaignid=893&utm_cmdid=52561 BUT, what about Scotland?? Will the SNP do the same???? read more