Category Archives: Housing Market

The Importance of Your Credit File

In the world of financial transactions, especially when securing a mortgage, one’s credit file stands as a testament to their financial behaviour and trustworthiness. Yet, it’s a common misconception that only ‘perfect’ credit will pave the way for smooth mortgage … Continue reading

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100% Mortgage launched for people with experience renting

Skipton Building Society have launched a new mortgage, ‘The Track Record,’ where the buyers do not need a deposit. The product’s aim is to answer the complaint ‘we cannot save a significant deposit is because they are paying such high … Continue reading

Posted in Edinburgh Mortgage Advice, First Time Buyers, Housing Market, Interest Rates, Lenders | Leave a comment

How the 2023 mortgage “price war” could benefit both homebuyers and homeowners

If you have been keeping an eye on mortgage rates since the end of 2022, you will know that there were some headline-worthy market shifts in recent months.

Posted in Edinburgh Mortgage Advice, House Prices, Housing Market, Mortgage Industry | Leave a comment

95% remortgages available

There has been lots of talk about the new Government Schemes helping people get on the ladder. But what about the people who are already on the ladder? Well we have a lender that can help people remortgage up to … Continue reading

Posted in Edinburgh Mortgage Advice, Government Schemes, Help to Buy, Housing Market, Lenders, Mortgage Know How | Leave a comment

Why Nationwide’s large increase in profit is good news

Here is an article from the Daily Mail saying about Nationwide’s recent increase in profits and lending and Mark’s comments about why this is good news. http://www.dailymail.co.uk/money/markets/article-2507789/Nationwide-takes-fight-banks-profits-leap-155-mortgage-lending-soars-nearly-4billion-just-months.html

Posted in First Time Buyers, Housing Market, Lenders, Press Comment | Leave a comment

The Return of the First Time Buyer

This week the Council of Mortgage Lender’s latest data has confirmed what we have been seeing first hand, namely that this year the first time buyer has returned. The mix of stable house prices, pent up demand and lenders launching … Continue reading

Posted in Edinburgh Mortgage Advice, First Time Buyers, House Prices, Housing Market, Lenders, Press Comment | 1 Comment

Top 5 reasons to choose a 5 year Fixed Rate mortgage

Are you wondering whether to go for a 2, 3, 4 or 5 year fixed rate mortgage?  Over the past few months there have been some great headline rates on offer for short term deals – but are they really … Continue reading

Posted in Base Rate, Edinburgh Mortgage Advice, Fixed Rates, Housing Market, Interest Rates, Mortgage Know How, Standard Variable Rates | Tagged | 2 Comments

Mortgage rates reach record low

In recent months, some of the best mortgage rates I’ve ever seen have come onto the market. There’s no doubt that the Funding for Lending Scheme, the joint initiative of the Government and Bank of England to get lenders lending … Continue reading

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What goes down must come up – Standard Variable Rates head north

Halifax, RBS One Account customers and now Bank of Ireland customers have all been told in recent days that their Standard Variable Rates are going up. Why? It is the cost of funding we are told. Well, given that the … Continue reading

Posted in Base Rate, Edinburgh Mortgage Advice, Housing Market, Interest Rates, Lenders, Mortgage Industry, Standard Variable Rates | Leave a comment

A really busy January – is this the storm before the calm?

Like a good few brokers I had a strong start to the year. January was my 2nd best month ever. All this positive start heartily encouraged both me and my colleagues, this is all the sweeter when you take account of … Continue reading

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