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Mortgage Advice News

HSBC triggers mortgage price war with ambitious plans

  Bold strategy involves major investment in technology HSBC has drawn up plans to double the size of its British bank in an audacious bid to close the gap on the country’s biggest lender Lloyds. In an interview with The…

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Mortgage Advice News

Interest rates are cut in January 

  Banks reduce rates to attract reluctant borrowers Borrowers are benefiting from a January mortgage sale as banks slice interest rates. Experts say the cost of borrowing on the money markets has fallen, and some banks have passed these savings…

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Mortgage Advice News

How your ex could hamper your mortgage prospects

  Would be borrowers could still be haunted by ghosts of relationships past Would-be borrowers should consider the impact an ex-partner, with whom they shared financial products, could have on their credit score before applying for a mortgage. That’s according…

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Mortgage Advice News

How remortgaging could save you £4k per year

  Failing to remortgage could see you paying interest rates similar to those offered on a high-cost loan from the likes of Wonga. Failing to remortgage could see you paying interest rates similar to those offered on a high-cost loan…

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Mortgage Advice News

How to remortgage your property

  Every month thousands of special rates expire Every month thousands of people in the UK come to the end of their fixed or tracker rate initial deals. If they were to do nothing at this point they would move…

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Mortgage Advice News

How to get the best deal on your mortgage

  5 quick tips on getting yourself a good deal Start with your finances The days of banks falling over themselves to give you a mortgage are gone. But borrowers can boost their chances of a successful application by ensuring…

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Mortgage Advice News

How high will interest rates likely go this year?

  Bank of England hints at earlier & larger rate hikes The Bank of England has indicated that the pace of interest rate increases could accelerate if the economy remains on its current track. Bank policymakers voted unanimously to keep…

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Mortgage Advice News

Housing market here retains optimistic outlook

  Growth in new build market continues Northern Ireland house prices have grown in May but political uncertainty is affecting confidence in the short-term, according to a survey today. The Royal Institution of Chartered Surveyors (RICS) and Ulster Bank survey…

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Mortgage Advice News

How much do you need to save for a deposit ?

  The size of your deposit will determine how much your home loan will cost. Here’s our guide on how much you need to raise before you buy. One of the first steps in getting on the property ladder and…

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Mortgage Advice News

House prices rise higher here than anywhere else in UK

  Average property here now costs £137,000 House prices in Northern Ireland have seen the biggest increase in the UK over the year, taking the average house price in the province to £137,000 Northern Ireland saw an increase of 5.5%,…

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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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