Leeds BS launches five-year fixes up to 95% LTV

Perhaps this will began a trend for all the banks. http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2134084/leeds-bs-launches-fixes-ltv

New homes industry ramps up sales incentives to sell homes

Now the time to buy a new house.  You may need NOT to wait untill the governement comes up with a solution  http://www.myintroducer.com/view.asp?ID=8655&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=255504-Breaking+DA+07-12-11+2 

The Bank of England has said that mortgage interest rates could increase next year, as lenders pass on the increased costs of wholesale funding.

Better to get on a fixed rate ASAP http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2129495/boe-mortgage-rates-rise-2012

The world's 8 most distressed property markets

Ireland is number ONE.  I found that surpriseing.  http://www.myintroducer.com/view.asp?ID=8605&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=254909-Breaking+Norton%3A01-12-11

Small firms to get £300m business rate relief and investment boost from Osborne

Great news.  Possible no business rates for another 6 months. http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2128446/firms-gbp300m-business-rate-relief-investment-package-osborne 

NAEA: First-time buyers hit three-year low

The National Association of Estate Agents' (NAEA) market report for October shows that just 16% of overall sales made last month went to this sector, against 22% in September. Biggest slump since December 2008. http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2127698/naea-buyers-hit-low

HSBC launches 90% LTV mortgage deal

Rates are going down.  At long last HSBC now have a sub 4% fixed rate for 90% borrowers.

http://www.amazon.co.uk/Alkaline-Bottle-Portable-Antioxidant-Hydrogen-Rich/dp/B0042AE85M/ref=wl_it_dp_o_npd?ie=UTF8&coliid=I1LHZZ9YACXIJT&colid=395S29BGYM8HD

If only they would raise the loan to value to 95% and really help F.T.B.

Asking prices make biggest fall since Dec 2007

£7528.00 has to be lopped off the price of a house for sale in order to get it sold. http://www.myintroducer.com/view.asp?ID=8530&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=253940-Breaking+Norton%3A21-11-11

Gov launch new strategy to tackle housing

It seem the Government is going to back up first time buyers with a limited deposit and lower the price on council house purchases.  Read it hear http://www.myintroducer.com/view.asp?ID=8533&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=253952-Breaking+DA+21-11-11+

Northern Rock sold to Virgin Money

Great!!!!!     Northern Rock sells for £747 million http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2125638/northern-rock-bought-virgin-money-gbp747m-cash but did we (the tax payer) loose money????

No hope for savers

With inflation going through the roof there is little hope for thouse trying to live of the interest of there saved money.  Check out the artical http://www.myintroducer.com/view.asp?ID=8266&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=250866-AM+UPDATE+18%2F10%2F2011

WHEN THE COMPUTER SAY "N0"

Intermediaries do their best work where homeowners are experiencing difficulty with the "computer says no" mentality of the major high street lenders.  http://www.mortgagesolutions.co.uk/mortgage-solutions/blog-post/2108830/brokers-increasing-exclusion-mainstream-fails-borrowers

Rental demand doubles while supply drops

Rightmove’s latest Consumer Rental Forecast shows that more than half of tenants expect rents to be higher in 12 months’ time, with 1 in 6 of those predicting that rents will go up by more than 10%.

Read it here http://www.myintroducer.com/view.asp?ID=7821&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=246431-Breaking+Norton%3A+30-08-11

Rents are going up but the fixed rate products are comming down.  Check out our mortgage calculator and our mortgage of the week to see how much a mortgage would cost you per month.  It's free and no need to provide any personnel details.  http://www.mortgageinformationcentre.co.uk/how-much-mortgage-can-i-get

Getting a mortgage: Things ain't what they used to be

See what the BBC has to say about getting a new mortgage in 2011 http://www.bbc.co.uk/news/business-14459688 

House prices stabilise, say Halifax

House prices in the three months to July were 0.5% higher than in the previous three months, report Halifax.

We are not out of the woods yet.  In Lanarkshire our estate agent research shows that many house are sold below the home report value.  This is a real measureing stick as to how house prices performance is in the current market.

Read the Halifax artical here http://www.myintroducer.com/view.asp?ID=7624&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=244922-Breaking+Norton%3A+05-08-11+

Mortgage of the week

Got a good one this week. Check it out http://www.mortgageinformationcentre.co.uk/images/stories/mortgage_of_the_week_7.doc

no rate rise till 2014. Experts say

Interest rates will not rise until 2014 “at the earliest,” experts have suggested, after the Bank of England said it is unlikely to change its monetary policy stance soon.

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2095740/base-rate-rise-expected-till-2014-at-earliest

Good news for people like me on a tracker deal but for those comming off fixed rates or who have been on the vary rate for a while it might be time to consider your options and take advantage of some of the great deals out there.

Our New Mortgage Calculator

Check it out.  http://www.mortgageinformationcentre.co.uk/how-much-mortgage-can-i-get  completely free and we will not ask for a bean of your personel information.

TWO HOUSE SOLD

This week number 25 Eliot Crest Hamilton Sold for £75,000.00  The new owners are delighted with there purchase of this 2 bed ex-council cottage flat.

We also received a offer for our 2 bed Mid Terrace Property on Morag Ave Blantyre.  The buyers had a second viewing with there parents and are looking forward to moving in within 6 weeks time.

Check them out

http://www.mortgageinformationcentre.co.uk/property/properties-for-sale

Halifax: Housing market faces "significant headwinds"

According to this article http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2085996/halifax-housing-market-significant-headwinds 

It looks like some challenging times for the U.K. house sale in the coming months.

Tips on selling your home.  

•  1) Be realistic about the price.  If you have a home report of £100,000.00 and your house has not sold in six months lower the price.
•                                          2) Keep your house and gardens clean and tidy
•                                          3) Accept all viewing no matter how inconvenient
•                                          4) Consider all offers.  Even a low offer means you are chatting about price and with conversation perhaps a compromise and a sold house.

Variable rate customers squeezed by lenders

Check this out http://www.myintroducer.com/view.asp?ID=7222 The banks who caused the mess we are in are bank rolling even more money.

Two to Three year fixed rate a all time low

The average two-year fixed rate in the UK was 4.36% in June, with three year rates at the lowest on record at 4.95%.
The five year rate, at 5.37% is at its lowest since January 2011 and swap rate trends suggest all fixed rates could go lower still.

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2080153/exclusive-fixed-rate-mortgages-record-low

Rob Robetson

http://www.mortgageinformationcentre.co.uk/

Mortgage of the week

Check out our mortgage of the week.  It is offered by the Woolwich I can be arranged by us in no time

http://www.mortgageinformationcentre.co.uk/images/stories/mortgage_of_the_week_7.doc

May housing activity stalls

The hoped-for spring bounce in the housing market failed to occur during May, as fears over the economy and lack of mortgage finance continued to depress activity levels,said RICS.

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2078658/rics-housing-activity-stalls

http://www.mortgageinformationcentre.co.uk/

Great value family home at the right price

This property has one of the best extensions that I have ever seen on a semi-detached home.  Build quality is excellent.  The whole house is very tidy and worth a look  http://www.millerstewart.com/property/for-sale/details/931  

This house is like The Tardis

This mid terrace home has so many futures it is hard to list them all.  Converted loft with fix stairs case, Modern decor, Brick storage area for storage and all cloth cleaning machines, Kennells and much more.  Check it out
http://www.millerstewart.com/property/for-sale/details/930  Moved to fixed price today.

Big House Good Price

Here is a fantastic big house @ a excellent price.  4 Bedrooms 3 Public Rooms.  Huge Gardens.  Excellent decor.  Worth a look http://www.millerstewart.com/property/for-sale/details/969

FTBs pay 7 times the price to get on ladder

http://www.myintroducer.com/view.asp?ID=6674

This is a very scarry artical.  Pay carefull attention to the amount of the down payment increase

http://www.mortgageinformationcentre.co.uk/

01698 283301

Base rate held at 0.5%

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2041537/base-rate-held-05

It was still a split vote and one member of the Monetary Policy Committee will be stepping down.

Could this mean a rate increase come June?????

http://www.mortgageinformationcentre.co.uk/

01698 283301

EC: Lenders must tell borrowers why they have been rejected

http://www.mortgagestrategy.co.uk/1028869.article?cmpid=MSE01&cmptype=newsletter&email=true

No more will banks have the luxury of saying

 "I'M SORRY, BUT YOUR MORTGAGE IS DECLINED DO TO OUR CREDIT SCORING SYSTEM" 

You ask why and the bank give you no real answer or you are told to get a credit report. 

It is about time that banks started doing the job of banking rather than trying to computerising everything.

http://www.motgageinformationcentre.co.uk/

01698/283/301

Budget 2011: A print-out guide

This easy to use guide will help you understand the budget in less than 120 seconds

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2037339/budget-2011-print-guide-clients

http://www.mortgageinformationcentre.co.uk/

01698-283-301

Early interest rate rise less likely after Budget

Looks like it could be as late as fall before the Bank of England Rate goes up.

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2037336/rate-rise-budget

If so tracker rates could be a serious option for the more speculative borrower.

http://www.mortgageinformationcentre.co.uk/

01698-283301

Post Block Buster Fixed Rate

The aftermath Block Buster post budget remortgage fixed rate NOW AVAILABLE.

Check it out http://www.mortgageinformationcentre.co.uk/images/stories/MORTGAGE_OF_THE_WEEK_6.doc

Mortgage Information Centre 01698/283301

Bank of England Split on rate rise & Up-date on todays budget

The Monetary Policy Committee (MPC) remained split 6-3 against a rate rise for the second month, with opinion divided on how to tackle soaring inflation without snuffing out growth.
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2036305/mpc-split-rate-rise

It is getting closer and closer.  WHAT???????  The inevitable raise in the Bank of England.  Have you remortgage into a fixed rate????  Time is running out.  Call is today 01698-283301.

Check us out on TWITTER for up-date NEWS on todays budget.  http://twitter.com/robusapaul#

1st Time Buyers Offered Helping Hand Onto Property Ladder

At last, help is at hand for would-be first time buyers (FTBs), struggling to get a foot on the first rung of the property ladder. In the current climate, most FTBs can barely scrape together a 5% deposit, let alone 10%, which is what most lenders require.

But in response to this, Mortgage information Centre Ltd, is using a scheme that brings buyers with a 5% deposit together with motivated sellers who are prepared to gift the buyer the extra 5% required for the deposit in return for a good selling price and a quick sale.

How does it work? Vendors that wish to opt in to the scheme instruct GSPC (Miller Stewart) to sell their home, which will source a buyer with a 5% deposit and a strong credit record.

The seller matches the deposit with 5% of their own equity (no cash required). The buyer then takes out a mortgage, with help from Mortgage Information Centre, independent mortgage broker, Obligo to secure their dream property.

Contact us today if you're thinking of selling or buying a property 01698-283301

Number of home-owning households declines

http://www.myintroducer.com/view.asp?ID=6433

According to the council of mortgage lenders

The total number of home-owning households in England has declined by 300,000, while the number of households renting privately has increased by a million between 2005/6 and 2009/10, according to the newly published headline report of the government’s official 2009/10 English Housing Survey.

Scary Stuff !  If your a First time Buyer now is the time to speak to a  broker about a concession mortgage.  It could mean NO DEPOSIT.

Call us on 01698 283301

Another new Property FOR SALE

Check out the new property in Hamilton FOR SALE http://www.mortgageinformationcentre.co.uk/property/for-sale-2

That's two listing this week.  Stay tune for future great valued properties for sale near you.

Great deal on a Home

Our Property in Stonehouse is now a fixed price.  Check it out http://www.mortgageinformationcentre.co.uk/property/for-sale-2

The Home Report is £80,000.00

BRAND NEW PROPERTY FOR SALE

Check out this new house.  Good value, Good location, private build.

CHECK IT OUT BY CLICKING ON THE LINK.

http://www.millerstewart-glasgoweast.com/property-detail/for-sale/342/

British Chambers of Commerce predicted raise in Bank of England Rate

Here is another prediction from a reliable source predicting a raise in the Bank of England base rate.

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2032084/rates-rise-bcc

It is very important that all customers consider a fixed rate mortgage.  TALK to your MORTGAGE BROKER TODAY!!!!!

If you don't have a broker we would be happy to help.  Call us on 01698-283301.  For the month of March and April we are waiving our broker fee.

Worried about your tenants deposit

http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2031297/scotland-introduces-tenancy-deposit-scheme

Scottish Government has passed new Laws to insure that your deposit for the property you are renting will be safe.
In times of old a letting agent could set up business, collect several secuirty deposits and use the money for whatever they wanted.  If the business failed and all the money was spent the poor renter could be out £100's when he vacated the rented property.

Glad to see that someone in Government is paying attention.

New Mortgage discussion board

Looking for friendly advice without a sales man calling you????

Post your question on our forum and a member of our staff will reply within 12 hours or less.

We have many years experience in the mortgage brokerage industry and can answer all your questions relating to mortgages or mortgage related insurance products.

Give us a try.  You will be impressed.

http://mortgageinformation.proboards.com/index.cgi

3 VOTE IN FAVOR OF INTEREST RATE RISE

http://www.myintroducer.com/view.asp?ID=6286&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=230080-Daily+23-02-11

 THREE members of the Bank of England's Committee voted for an interest rate rise.

It was only a few months ago that ONE OUT OF SIX had voted for a interest rate rise.

The ball is still up in the air but, it is looking more likely that a interest rate rise COULD happen this year. 

Is your mortage rate PROTECTED??????  If it is not fixed! It's not protected

Call Mortgage Information Centre Now (01698-283301) as we have all the deals currently  available and the advice to insure you get the best mortgage for your circumstances.

First time buyers is only 1 in 4

Yep.  It ain't good.  The U.K. need 40% of the housing market to be First time buyers in order to be considered healthy.  http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2026321/-buyer-levels-drop-23

If it is less than 25% this could put a stall to all home movers and a slower recovery to the economy.

Remember when people buy a house they also buy all kinds of goods and services related to that purchase which in turn helps business across the board.

Will intrest rate rise????

This gent seems to think not.  Mr King stated that he believes that Bank of England rate will remain the same at least for now
http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2026985/boe-weak-economy-dampens-rate-rise

I am not as convinced.  I think we will see a rise in the Bank of England rate with in the next 4 months UN-less the inflation rate starts to fall.

This is a very strange move by the government to raise VAT and not expect for inflation to rise along with it.

This could be a excellent time to start shopping around for a fixed rate mortgae if you have been on the variable rate for a while.

Santander UK’s gross lending drops 8% in 2010

Another lender blaming bad weather for poor lending http://www.mortgagesolutions.co.uk/mortgage-solutions/news/2023965/santander-uk-s-gross-lending-drops-2010.


As a broker, on the front line, this is not true.  CREDIT SCOREING is the reason why less lending was done last year.

CREDIT SCORING is a computer (that can be adjusted like a tap) that decides if you get a mortgage by taking certain variables and applying a point system to them.  The more points the more likely you will get the mortgage but, THEY (the Lender) can change the points so, if you get 10 point for being self employed in January 2010 it is not inconceivable that you get 5 points for being self employed in Jan 2011.  It is up to the lender and it changes often.

Use a broker for your next mortgage as we know the system and can advise as to what lender has a more or less generous point system.

House prices up by .8% but becareful

House prices are up http://www.myintroducer.com/view.asp?ID=6160&utm_source=Sign-Up.to&utm_medium=email&utm_campaign=228126-Daily+04-02-11

Becareful,  This does not apply to all areas of Scotland but a average in the UK

Do you live in North or South Lanarkshire???? Why not call me for a fre valuation of your home.

RATE OF INFLATION

News reports today stated that the rate of inflation is to go up over 3.00%.  Higher than government predictions.  See our Mortgage of the Week for a inflation buster fixed rate mortgage.

NEW PROPERTY

Check out our New Property.  We have some very nice property in Lanarkshire, Paisely, Blantyre and Wishaw.  Some to Buy and others to Rent.  Check them out.

PURCHASE MORTGAGE APPLICATION UP BY 1/3RD

The latest Mortgage Advice Bureau/Coreco National Mortgage Index revealed that purchase mortgage applications increased by a third in 2010 compared to 2009.

Baserate on HOLD for 22nd consecutive month

Check out this article....