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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

1st Time Buyers with small deposits get pick of the deals

  Mortgage interest rates for this market have plummeted to a record low Data released today has revealed two-year fixed-rate deals for borrowers with 5% deposits who therefore need a 95% loan-to-value (LTV) mortgage are averaging at 3.54% – a…

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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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Mortgage Advice News

£28,800 is now average income required here for 1st time buyer mortgage

  1st time buyers need to earn 9% more than 3 years ago The amount first-time buyers need to earn to get onto the first rung of the housing ladder in major town and cities has been revealed in new…

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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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