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Mortgage Advice News

Property red flags: What to watch out for when buying a home

You’ve found your ideal home, but how do you know it really is as perfect as it seems? Here’s how to spot the signs that something may be amiss so you can either negotiate with the seller or walk away…

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Mortgage Advice News

Typical two-year fixed mortgage rate goes above 4% for the first time in nearly...

The average interest rate on a two-year fixed mortgage has exceeded 4 per cent for the first time in almost a decade, following the Bank of England’s latest base rate hike. An average two-year fixed rate mortgage is now at…

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Mortgage Advice News

Think twice before gambling on a cheap tracker mortgage: Experts warn they...

Borrowers tempted to snap up a cheap tracker mortgage because of soaring fixed rates are being urged to think twice. Experts warn that while their repayments will be lower now, it could cost them thousands of pounds more in the long…

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Mortgage Advice News

Northern Ireland house prices rising despite cooling demand

House prices are continuing to rise in Northern Ireland despite cooling demand for homes, a new survey has shown. A majority of surveyors said house prices increased in Northern Ireland during June, but there are also indications the market has “slowed…

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Mortgage Advice News

Mortgage rates rise steeply as lenders ramp up prices

Mortgage rates have soared in the last month with fixed deals experiencing record prices rises. This is according to Moneyfacts.co.uk, which revealed lenders were hiking their fixed rate deals at a faster pace than the Bank of England was raising…

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Mortgage Advice News

Is a 10-year fix mortgage the answer to beating interest rate rises? Long fixed...

Despite ongoing economic headwinds, house prices in the UK continue to rise. Last month they hit a record high of seven times the average UK salary, according to Halifax. But the rate of growth is said to be slowing down, in…

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Mortgage Advice News

First-time buyers shouldn’t be panicked by talk of rising mortgage rates,...

Buying your first home is never easy, but over the past couple of years those hoping to plant a foot on the housing ladder have been faced with an especially tricky time. During the early days of the pandemic, banks…

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Mortgage Advice News

Biggest monthly mortgage fixed-rate rate leap for 15 years: Typical five year...

Average mortgage rates have leapt by 0.5 percentage points in a month, with interest on home loans hitting highs not seen since the mid-2010s. Five year fixed-rate deals are now at an average of 3.89 per cent, a 0.52 percentage…

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Mortgage Advice News

Summer Holidays

We’ll be finishing up for our summer holidays tomorrow, Friday 17th June The office will be back open on Monday 11th July      

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Mortgage Advice News

Property asking prices up £35,650 in a YEAR, says Rightmove, but it warns cost...

The asking price of a typical home for sale has hit a record high of more than £360,000, rising almost 10 per cent in the last year alone. The average home is now listed for £360,101 – an increase of…

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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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