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Mortgage Advice News

Office closed for summer holidays

Our office will be closing at 1pm on Friday 9th July for the summer holidays. We will reopen on Monday 9th August

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Mortgage Advice News

Should you stick or twist on rates? Why now could be the right time to lock...

As soon as interest rates dropped to a record low in March 2020, mortgage costs plummeted, too. But while lenders have offered some of the cheapest deals in history in the past year, fears of inflation on the horizon means…

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Mortgage Advice News

Government ‘closes door’ on permanent stamp duty holiday for home...

The Government will not heed calls to cut or reform the stamp duty tax on buying a home, despite short-term changes helping to turbo-boost the housing market over the past year. In a document published today, it said that the…

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Mortgage Advice News

How to get your house in order: Why past credit mishaps do not mean all hopes...

Millions struggled to keep on top of household bills and debts when the pandemic forced businesses to shut and pay was slashed. Missed payments can harm your chances of getting a mortgage in the future, but experts say past credit…

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Mortgage Advice News

Property boom will ease when stamp duty holiday ends, say agents, but the...

A gulf between the number of house hunters in the market and properties for sale has grown to the widest in eight years. Estate agents are seeing strong sales and a spike in buyer interest, as many hope to beat…

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Mortgage Advice News

The only way is up? Warning that mortgage rates may be bottoming out after...

Experts are predicting a ‘bottoming out’ of the mortgage market after interest rates hit record lows this week. Average mortgage rates for borrowers with deposits of at least 40 per cent dropped to the lowest on record in May, according…

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Mortgage Advice News

House prices jump 10.9% as ‘race for space’ intensifies

UK house prices soared 10.9% in the year to May, the highest level in seven years, according to the Nationwide. The average house price has risen to £242,832, up £23,930 over the past twelve months. Buyers are in a “race…

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Mortgage Advice News

Warnings of property market crash as house price growth hits double digits

House prices have grown at their highest annual rate since 2007, driven by the surge in buyers taking advantage of the stamp duty holiday.   House hunters seek space and access to nature UK prices soared by 10.2% annually in…

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Mortgage Advice News

What’s the catch? The pros and cons of 95% mortgages

Mortgages for buyers with a 5% deposit are back on the shelves. But, as Miles Robinson explains, there are a few things to watch out for to ensure you make the best and most informed choice Buying your first home…

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Mortgage Advice News

Home sales rocketed 180% annually in April – but experts say a monthly...

The number of properties sold in the UK leapt nearly 180 per cent year-on-year in April, according to official statistics, as the lockdown housing boom continued. Nearly 180,000 homes were bought and sold on a seasonally-adjusted basis, according to HMRC’s…

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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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