The Bank of England’s Monetary Policy Committee (MPC) has today held its benchmark interest rate steady at 4.25%, opting for a cautious, measured response amid persistent inflation and global uncertainty. Here’s a look at what this means and why you…
Wishing all our amazing clients a joyful and relaxing Easter! Whether you’re simply enjoying some time off, indulging in chocolate, or spending time with loved ones, we hope it’s a cracker of a weekend! 💐🍫 Easter Opening Hours: 📅 Good…
Our latest newsletter takes a look into interest rates and what we can expect next. We also look at the pros & cons to 2 year vs 5 year fixed rate options as well as exploring the importance of insurance…
The North of Ireland has had stronger annual house price growth than any region within the UK at 13.5%, according to Nationwide Building Society Average house prices in Northern Ireland have soared by 13.5% over the last year to hit…
Buying your first home is one of the most exciting milestones in life. It’s a big step, but with the right preparation, it doesn’t have to be overwhelming. At Mc Daid Mortgages, we’ve been guiding first-time buyers through the mortgage…
For many homeowners, a mortgage is their biggest financial commitment, yet it’s often something that gets set up and then forgotten about. But just like your car insurance or energy bills, your mortgage deal should be reviewed regularly to make…
2024 saw a rise in first-time buyers with 341,068 people stepping onto the property ladder, a 19% increase compared to 2023, data from Halifax has revealed. This makes up over half (54%) of all home purchases made with a mortgage last year,…
The Office for National Statistics (ONS) reported UK house prices increased by an average of £10,000 in the year to October 2024. The report showed the value of a typical home to be an estimated £292,000, an annual increase of…
The Bank of England (BoE) has voted to lower the base rate by 0.25% to 4.50%. This follows the Monetary Policy Committee’s (MPC) decision to hold the base rate in December, after the initial move in November to reduce the rate to…