by Corey | Mar 19, 2024 | Mortgages
Are you a mortgage prisoner? A mortgage prisoner is a homeowner who finds themselves in the predicament of being trapped on a high-interest variable mortgage rate with a failed lender who has since been sold. Stricter lending criteria can then make it more difficult...
by Corey | Mar 15, 2024 | Mortgages
In a recent parliamentary briefing, Jill Hume underscored the urgent need for legislative reforms to free mortgage prisoners and protect homeowners from financial entrapment. As part of the Mortgage Prisoner Action Group’s latest campaign launch, Hume emphasized the...
by Corey | Feb 26, 2024 | Mortgages
As the UK braces itself for the upcoming budget, Chancellor Jeremy Hunt is rumoured to be working on an ambitious plan aimed at revitalising the housing market and bolstering homeownership opportunities. Under the proposed government-backed 99% Loan-To-Value Mortgage...
by Corey | Feb 23, 2024 | Mortgages
Second charge mortgages, also known as second mortgages, involve taking out a secured loan and borrowing against the equity on your home, while maintaining your existing mortgage. Essentially, it’s a secondary loan secured against the same property, providing...
by Michael | Feb 17, 2024 | Wealth Management
In an era marked by economic challenges, Northern Ireland emerges as a beacon of entrepreneurial vitality, with Belfast at its forefront. According to the latest Ulster Bank and Beauhurst New Startup Index, Northern Ireland experienced a remarkable surge in newly...
by Michael | Feb 15, 2024 | Mortgages
Are you a dedicated public servant in Belfast dreaming of owning your own home? Then it’s time for Mortgage Solutions Belfast’s Hero Mortgage range, tailored specifically for individuals like you who serve our community tirelessly every day. Our Hero Mortgage...
by Michael | Jan 24, 2024 | Mortgages
The mortgage market in the UK is witnessing a noteworthy trend – a substantial drop in mortgage rates. For those in Belfast seeking mortgage solutions, these changes could have a significant impact on their financial plans. Major lenders, including HSBC, NatWest, and...
by Michael | Jan 9, 2024 | General
Wondering how to enhance your credit profile and become mortgage-ready? We’ve got you covered with valuable tips: Review Your Credit Report for Accuracy: Utilise our Credit Monitor tool to swiftly check your credit file. Ensure all information is accurate and...
by Michael | Jan 4, 2024 | General
It’s time to reflect on how 2023 shaped the mortgage and property markets in Belfast. From fluctuating inflation rates to a surge in house prices, this year has been eventful, bringing both challenges and opportunities for homeowners and prospective buyers...
by Michael | Dec 27, 2023 | Mortgages
Mortgage rates are poised for potential changes in 2024, as experts weigh in on the likelihood of a significant decrease. A recent report from unbiased.co.uk, citing insights from private bank Barenberg, sheds light on the factors influencing these predictions and the...