Base rate cut sees two-year fixed rate mortgage deals in the spotlight
So, the Truss Turnaround (an ‘unofficial’ term coined by our team of Maidenhead mortgage brokers) begins. At the beginning of August, the Bank of England (BoE) cut the base rate from 4.25 per cent to 4 per cent in a move that will have undoubtedly caused a collective sigh of relief from mortgage brokers, not to mention borrowers, […]
Time to reduce buy-to-let mortgage stress?
For existing and prospective buy-to-let landlords, getting a buy-to-let mortgage can sometimes be a stressful experience. And even though we’re a Maidenhead mortgage broker that manages buy-to-let mortgage applications every day, we recognise that the aptly named buy-to-let stress test can be … well, stressful. However, our team of Berkshire mortgage advisers feel that there is a reason why applying for a buy-to-let mortgage should become less stressful in […]
Mortgage market mixed messages
If you’re not using a mortgage broker right now, then getting a mortgage must be a minefield. It’s certainly a lot more erratic than it was 15 months ago. Over the last couple of years, we’ve seen products being pulled, rates changing daily and, more recently, rates dropping to more competitive (if not wholly palatable) levels. But wait, things […]
Equity release focus: is a lifetime mortgage right for me?
It’s a good question, and one that we’re being asked a lot right now. In fact, as a Maidenhead mortgage broker that’s been in business since 2005, we’ve never seen as many people enquiring about taking equity out of their property as we have over the last two years. From paying down debt and funding home improvement projects, to […]