July 3, 2015
As leading Manchester mortgage brokers, we have the pleasure of dealing with those buying their first home, moving into somewhere bigger and even those purchasing investment properties. As such, we’re often the first to know about exciting new developments and properties on the market. We all know that new homes are being built all across the […]
June 25, 2015
Applying for a mortgage became a more complicated procedure last April following the introduction of the Mortgage Market Review. Let’s take a look at what Belgravia estate agent, Best Gapp think about gaining approval for a mortgage… Despite lenders doing their best to publicise this strict set of rules, many mortgage applicants are unaware of […]
June 19, 2015
161,000 homeowners across the UK currently claim what is known as ‘Support For Mortgage Interest’ (SRI), a means tested benefit which those who are struggling financially can apply for to help ensure they don’t miss monthly mortgage repayments. In July, however, the rates will change due to an alteration to the rate used for calculations, […]
June 18, 2015
Since its introduction last April, the Mortgage Market Review (MMR) has been getting would-be homeowners into a bit of a muddle. Many are unsure what the new rules actually mean for them and their ability to get a mortgage. Its inception comes down to one thing: for years banks lent money to those who simply […]
June 15, 2015
If you’re a first time buyer looking to purchase your first home in Manchester; you’re not alone! A recent report by Countrywide, has suggested that Manchester is ‘a city for first time buyers’ and that, outside of London, a higher proportion of lending goes to first time buyers than anywhere else in the country, with […]
June 11, 2015
At Search Mortgage Solutions, we not only offer domestic mortgage advice but are also proud specialists in buy-to-let mortgages. As such, we’ve put together 5 top tips to buy-to-let for property investors. Whether you’re a current investor or are considering your options as to whether you may get better returns from property than savings accounts, take […]
June 9, 2015
The reality is that if you’re unfortunate enough to have a less than ideal credit score, sometimes by even just a few points, you could struggle to be approved for a mortgage. With more and more would-be first time buyers looking to get out of the rental market and onto the property ladder, young people […]
June 8, 2015
According to data which has just been published by Halifax, a fifth of would-be first time buyers believe that securing a mortgage would be impossible and are, instead, renting. The data, released by Halifax from the ‘Generation Rent’ report, showcases a strong difference between generations, with just 12% of the parents of those asked giving […]
June 4, 2015
April saw the largest rise in mortgage approvals since 2009, it has been confirmed by the Bank of England, whose figures have shown over 68,000 approvals throughout the month. This, of course, comes as a result of the recent record-low mortgage rates fuelled by the on-going price war which is being seen between lenders in […]
June 2, 2015
If you’re self employed, it’s no secret that getting a mortgage becomes a little more difficult than if you’re employed. At the end of the day, lenders want to ensure that you’re risk free and one of the uncertainties which comes with self employment, in many instances, is that lack of a guaranteed income. Especially […]
If you fall ill, suffer an accident or find yourself otherwise unable to work and not earning for any length of time, how will you manage to keep up with your mortgage repayments? Because this is a realistic concern, if albeit an unfortunate reality for some, many mortgage lenders incorporate into their mortgages protection insurance […]
May 26, 2015
When it comes to moving house, there’s a whole host of things to consider and that’s why, here at Search Mortgage Solutions, we’re committed to helping make the dreams of our clients a reality. We all have dreams and whilst securing a mortgage is only part of a bigger picture, it’s a big part and […]