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Mortgage Advice News

We remain available – just not as usual for now !

Following the latest lockdown announcements we won’t be able to hold any face to face meetings between Friday 27th November – Friday 11th December We can still help clients via phone, email, post, text, whatsapp, messenger, video call or any…

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Mortgage Advice News

House prices continue to rise, despite pandemic & lack of low deposit...

House prices in Northern Ireland have continued to rise throughout the coronavirus pandemic, the latest official figures suggest In the third quarter of this year – from July to September – prices were up 2.4% on the same period in…

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Mortgage Advice News

Accord brings back 10% Deposit Mortgages

Following a series of limited 90 per cent loan to value (LTV) tranches, Accord Mortgages has added eight high LTV mortgages to its range for purchase, home mover and remortgage purposes.   The products launch on 18 November and will…

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Mortgage Advice News

HSBC urge other lenders to join them to offer 10% deposit mortgages

HSBC has confirmed it is ready to return to 90 per cent loan to value (LTV) lending as soon as other big lenders re-enter to ensure capacity can be spread around to meet demand.   However, the lender said it…

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Mortgage Advice News

Halloween Break

Our office will be closing this afternoon for a few days. It’s not the usual Halloween break for the people of Derry this year but hopefully everyone can make the most of it. We’ll be back next Tuesday at 9am

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Mortgage Advice News

Bank of Mum and Dad funds half of first-time buyer purchases amongst under-35s

Research commissioned by Legal & General discovered 56% of those making their first home purchase did so thanks to a financial gift from family or friends. It also found 71% of these new homeowners admitted they would not have been…

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Mortgage Advice News

Potential help for First Time Buyers

The government is reportedly considering the introduction of a first-time buyer scheme that will see long-term fixed-rate mortgages made available at 95 per cent LTV. Prime minster Boris Johnson spoke to The Telegraph ahead of the conservative part’s virtual conference this weekend,…

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Mortgage Advice News

Struggling to get a mortgage as a crunch hits first-time buyers and banks say...

It’s mayhem in the mortgage market at the moment due to a paperwork backlog at banks and pent-up demand from the lockdown. Lenders are making changes to their home loan deals with little or no notice to limit the amount…

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Mortgage Advice News

Mortgage delays of up to a month as lenders blame working from home issues

Home working by bank staff has been blamed for causing a massive backlog of mortgage applications that is hammering first-time buyers and delaying house purchases by up to a month. Sources said banks are failing to cope with a sharp…

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Mortgage Advice News

More buyers turn to shared ownership due to lack of low deposit mortgages

Aspiring homeowners are turning to shared ownership to get onto the housing ladder, according to the latest figures from Leeds Building Society. In July, the Society saw a record number of applications for this type of mortgage. Between June and…

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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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