February Newsletter
Welcome to our latest newsletter This edition looks at what to expect in the 2024 housing market in terms of property prices and mortgage interest rates We also touch on the vital role health & income protection can play when…
December Newsletter
Welcome to our latest newsletter. As we approach the end of 2023, it’s a good opportunity to look back at the past year and ahead to what the future might hold for homeowners. It’s been a challenging year with rising…
Christmas & New Year Holidays
Our office will be closed from Thursday 21st December for the Christmas & New Year Holidays. We will reopen on Monday 8th January It’s been another very busy year at Mc Daid Mortgages and we never take your loyalty for…
House prices rise again – are things looking up for mortgages and property?
House prices increased for the third month in a row, according to Nationwide, raising hopes of an improvement in the property market in 2024. The average UK house price inched up by 0.2% in November compared to a 0.9% monthly…
Mortgage rates could “drop below 4%” before year end, brokers predict as...
Hot on the heels of HSBC, Halifax has announced it is reducing its mortgage rates again on Wednesday 15th November. Following the news, one broker said some rates, based on the current direction of travel, could even start with a three before the…
Mortgage rate round-up: HSBC and Halifax amongst lenders cutting deals
The Bank of England’s decision to hold the base rate at 5.25% has led to a flurry of mortgage rate cuts this week. Following the announcement the central bank had voted against raising interest rates again, several big lenders announced a…
Mortgage rates: Price cuts continue in time for remortgaging rush
Another interest rate decision is looming. Whether rates remain the same or go up the good news is fixed-rate mortgage prices are still falling. Coventry Building Society has been the latest lender to cut rates this week on all its…
Mortgage rates falling: Is this the beginning of the end of the crisis?
Over the last week lenders have begun gently slicing back mortgage rates. Is this the end of the mortgage crisis? Will rates return to normal any time soon? You saved your deposit, spoken to your independent mortgage broker, established how…
August Newsletter
Our latest newsletter can be accessed by clicking the link below https://tinyurl.com/4tjtpkdy
Should you fix your mortgage for two-years or opt for a tracker rate?
This is despite five-year fixed rates being substantially cheaper than two-year fixes at present. The average five-year fix is 6.35 per cent, according to Moneyfacts, compared to 6.84 per cent for two-year fixes. The cheapest two-year is 5.79 per cent,…