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Mortgage Advice News

Christmas & New Year Holidays

Merry Christmas & Happy New Year To You All The office will be closed from 3pm on Wednesday 20th December and will reopen at 9am on Monday 8th JanuaryI’d just like to take this opportunity to thank you all for…

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Mortgage Advice News

Buying with a partner or friends can get you on the property ladder faster, but...

  Young couples and friends are increasingly teaming up to get on the housing ladder but face big financial risks if they don’t take the right steps High house prices make buying a home as a couple tough, but for…

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Mortgage Advice News

Borrowers with fixed rate mortgages face big jump if they don’t review...

  Lender standard variable rates are now typically more than double the fixed rates being offered two years ago The average two-year fixed mortgage rate in January 2017 was 2.31% Average SVR which borrowers are switched to if they don’t…

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Mortgage Advice News

Big increase in first-time buyers’ mortgage approvals and completions

  Nearly three quarters of first-time buyers successfully completed on mortgage applications via brokers in the final three months of 2017. Nearly three quarters of first-time buyers successfully completed on mortgage applications via brokers in the final three months of…

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Mortgage Advice News

Borrowers Brexit – proof their mortgages with long term fix

  More borrowers seek security of long term fixed rates amid the uncertainty of Brexit More borrowers are seeking peace of mind amid the uncertainty of Brexit by fixing their mortgage rate for longer periods. That is according to Yorkshire…

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Mortgage Advice News

Bank warns of more frequent interest rate rises

  Bank of England says its outlook remains Brexit dependent The Bank of England has kept interest rates on hold at 0.75%after declaring that economic growth in the UK has been stronger than expected. The Bank is predicting that inflation…

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Mortgage Advice News

Better credit score = Better mortgage options

  Improve your mortgage options by strengthening your credit score Getting yourself ‘mortgage-ready’ isn’t just about setting a budget and saving for a deposit, you can also improve your chances of being approved for a good rate by boosting your…

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Mortgage Advice News

5 year fixed rates now almost as cheap as 2 year fixed rates

  Should you consider locking in for longer ? Five-year fixed mortgage rates have plummeted over recent months and are now almost as cheap as two-year deals, prompting many borrowers to consider locking in for longer. The average two-year fixed…

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Mortgage Advice News

Bank vote hints at interest rate rise in May

  The Bank of England has left the door open to raise UK interest rates in May after making no change this month, holding them steady at 0.5% Two members of the Bank’s nine-member Monetary Policy Committee – Ian McCafferty…

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Mortgage Advice News

August interest rate hike moves step closer

  The Bank of England has held interest rates but signalled an August rate rise is more likely than previously thought. The Bank of England has held interest rates but signalled an August rate rise is more likely than previously…

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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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