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Mortgage Advice News

Halifax to return to 90% lending

Potential good news for first time buyers as major high street lender Halifax have today announced they intend to return to the market next week with 10% deposit mortgage products The products will initially only be available with enhanced criteria…

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Mortgage Advice News

Christmas rush on properties: House sales to hit highest level in a decade...

House sales in the run-up to Christmas are forecast to hit their highest level in a decade as homebuyers rush to beat the stamp duty holiday ending in March, new research shows. The expected surge in transactions comes as average asking…

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Mortgage Advice News

Lenders making life increasingly more difficult for the self – employed

Millions of self-employed workers, already facing the blight of Covid-19, are receiving harsher treatment from mortgage lenders compared to salaried employees. Self-employed borrowers are being asked for bigger deposits, additional paperwork, with some lenders lowering the amounts they can borrow…

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Mortgage Advice News

More options for those with small deposits on the way

Nationwide is expanding access to its 90 per cent loan to value (LTV) mortgages beyond first-time buyers From the second week of December, the lender will offer the higher LTV loans to include purchase and customers who are home movers….

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Mortgage Advice News

Borrowers could save £100 per month by simply switching deals

Borrowers with mortgages maturing in December could save over £100 on their monthly repayments if they remortgaged, according to analysis by Leeds Building Society. December is due to be the biggest single month in the UK in 2020 for residential…

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Mortgage Advice News

We remain available – just not as usual for now !

Following the latest lockdown announcements we won’t be able to hold any face to face meetings between Friday 27th November – Friday 11th December We can still help clients via phone, email, post, text, whatsapp, messenger, video call or any…

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Mortgage Advice News

House prices continue to rise, despite pandemic & lack of low deposit...

House prices in Northern Ireland have continued to rise throughout the coronavirus pandemic, the latest official figures suggest In the third quarter of this year – from July to September – prices were up 2.4% on the same period in…

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Mortgage Advice News

Accord brings back 10% Deposit Mortgages

Following a series of limited 90 per cent loan to value (LTV) tranches, Accord Mortgages has added eight high LTV mortgages to its range for purchase, home mover and remortgage purposes.   The products launch on 18 November and will…

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Mortgage Advice News

HSBC urge other lenders to join them to offer 10% deposit mortgages

HSBC has confirmed it is ready to return to 90 per cent loan to value (LTV) lending as soon as other big lenders re-enter to ensure capacity can be spread around to meet demand.   However, the lender said it…

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Mortgage Advice News

Halloween Break

Our office will be closing this afternoon for a few days. It’s not the usual Halloween break for the people of Derry this year but hopefully everyone can make the most of it. We’ll be back next Tuesday at 9am

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    Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Get expert advice from an experienced mortgage adviser in Derry. We're trusted mortgage advisers covering all areas throughout N.Ireland.Our fee structure is simple and transparent. In most cases, our service is completely free, provided you arrange both your mortgage and relevant insurance (like life cover) through us. If you only require mortgage advice, a modest fee of £295 applies—but only upon successful mortgage offer. There are no hidden costs, and your initial consultation is always free.Mc Daid Mortgages Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority.Registered Office: 40, Coneyville, Derry, N.Ireland, BT48 8FW. Registered Company Number: NI698543 Registered in Northern Ireland.

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