The Bank of England have increased rates for second time in 10 years meaning interest rates are now the highest they have been for 9 years. Homeowners who bought their properties 10 years ago will now experience for the second time the effect of Bank…
Category: General
Interest Rates expected to rise as early as May
It is expected when the Bank of England’s policy committee meet in May that they will agree to increase interest rates. Since the beginning of March a number of Lenders including Halifax, Nationwide Building Society, Santander and NatWest have increased their rates on 2 Year,…
Purchase of a property with a poor credit history from a deceased family member
Manchester Mortgages received this message via our contact form on our Web page – “Myself and my boyfriend are looking to get a joint mortgage together. We have tried numerous banks/building society’s but we keep getting knocked back due to my bad credit history. My…
Re-mortgage with debt consolidation saves client £ 1,150 per month
CLIENT’S SITUATION Manchester Mortgages received a phone from a potential client asking us to review their mortgage and existing credit commitments. The clients were in their mid 40’s with four children, clients were both employed with a joint income approaching £60,000 per year. Their property…
Buying a house in Worsley or Swinton
In this post we offer advice to a couple wanting to buy a house in the Worsley / Swinton area of Manchester and needing a mortgage offer… The Enquiry: “Could you please tell me about your services? My partner and I are wishing to buy…
How to move your mortgage and get a better interest rate
Manchester Mortgages were contacted by a new client in Didsbury who wanted to review their existing mortgage deal with the NatWest as they felt that they were paying too much but were also potentially wanting to move within the next 18-24 months to ensure that…
Arranging a mortgage with a satisfied Debt Management Plan
In this post we successfully find a mortgage for a new client who was being turned down by the traditional High Street lenders… Manchester Mortgages were approached by a new client referred to us by one of our existing clients in Wythenshawe who we had…
Buying a house in your 20's
Back in February 2017, Manchester Mortgages visited a young couple in their 20’s looking to buy their first property – they were presently living with one set of parents while saving up for the deposit. One client was employed currently earning £ 15,000 per year…
Which lender will offer you the biggest mortgage ?
Choosing the right lender can be confusing and time consuming. Should you take out a fixed rate and for how long? – two, three or five years, or should you take out a Variable/ Tracker rate ?” They are just a number of questions people…
We do in 3 days what another mortgage broker couldn't in 3 months...
Client’s Situation Manchester Mortgages received a phone call on a Monday morning from a lady who had put in an offer on a property in Northenden, Manchester, 3 months earlier and was still waiting for a mortgage offer from the lender chosen by another broker.…