I made an offer on a house but the agent refuses to present it because I won’t use their financial adviser – is this allowed? A home buyer in Kent approached a local estate agent with an offer on a house He claims he was…
Category: Mortgages
Family help when applying for a mortgage as First Time Buyers
In this article we provide mortgage advice for NHS workers who are first time buyers in Manchester. Manchester Mortgages were contacted by clients who were First Time Buyers both Nurses working at Salford Royal Hospital with a 10% deposit. However this limited their choice of lenders…
Why it's important to keep track of your Credit Score
In this article we look at why it’s important that your credit score and file are in good health if you want to apply for a mortgage. At Manchester Mortgages we receive 100’s of enquiries of clients looking to buy their first property, from clients…
Loan to Value Mortgages Currently Available October 2020
This article discusses the best value for money mortgages currently available in the UK as of October 2020. Lenders base their lending on something called Loan To Value ( LTV ) and in these times of COVID-19 there are currently no 95% mortgages available and…
Obtaining an Agreement in Principle
As the property market continues to thrive, Estate Agents and Builders are conducting viewings and consultations online. One of the requirements they are asking for, is to ensure that buyers have got the finance agreed to enable them to put in a offer on the…
Examples of Mortgages arranged during Lockdown
During the coronavirus pandemic Manchester Mortgages have been busy arranging mortgages for a variety of customers and dealing with enquiries. Here is a example of some of the mortgage we have arranged during the current lockdown period. First Time Buyer buying a property of a…
The Property Market is open for business...
Covid Update The Property Market is Open for business… On Wednesday 13th May 2020 the British Government said that Estate Agents are able to open for business and that people are able to move home observing strict social distancing rules. Valuers/Surveyors are now booking appointments…
Buy to Let Remortgage under COVID19 Lenders Criteria
In this article we look at buying a house during the Covid-19 pandemic and discuss how the rules have changed. Our client Mr & Mrs C own a property in Stockport which they purchased for cash in September 2018 for £280,000 and they let the…
Stockport Remortgage saves Client £600 per month
In this post we look at a couple who remortgaged their Stockport home with Manchester Mortgages and saved themselves over £600 per month. We received a phone from potential clients asking us to review their mortgage and existing credit commitments. The clients were in their…
Remortgage with Poor Credit History
RE-MORTGAGE WITH POOR CREDIT HISTORY TO BUY OUT FATHER & ADD HUSBAND TO MORTGAGE ALONG WITH £25,000 DEBT CONSOLIDATION SAVES £565 PER MONTH In this post we take a look at successfully getting a remortgage despite having a poor credit history. Our client Mrs W…