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Should you fix your mortgage for two-years or opt for a tracker rate?

This is despite five-year fixed rates being substantially cheaper than two-year fixes at present.  The average five-year fix is 6.35…

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The Bank of England pledged rate rises would be ‘gradual and...

Not so long ago, the Bank of England repeatedly pledged interest rate rises would be ‘gradual and limited’. Instead, they’ve…

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35% struggling to afford rent or mortgage payments, says ONS

More than a third (35%) of adults reported that it was difficult to afford rent or mortgage payments, according to…

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Another interest rate hike – Help is available

With yet another interest rate rise today, many mortgage holders are worried about what this will mean for their monthly…

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Bank of England will implement further rate hikes but markets may be...

Whilst next week’s interest rate decision from the Bank of England looks nailed on Susannah Streeter, head of money and…

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Calls for emergency mortgage summit

The Liberal Democrats are urging Prime Minister Rishi Sunak to organise an emergency summit with banks and mortgage lenders at…

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June Newsletter

Welcome to our June Newsletter. It’s been a busy couple of months at Mc Daid Mortgages and we’ve loved helping so…

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Mortgage rate concern at an all-time high, research finds

Public concern about mortgage rates and defaulting on payments is at an all-time high, according to research by the debt…

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Why lenders are pulling mortgage deals and what it means for you

Inflation remains high and mortgage lenders are getting the jitters. Last week they began pulling mortgages and raising prices. What…

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NI housing market: Prices here fall for second time but remain 5% higher than...

House prices in Northern Ireland saw their second consecutive quarterly fall in the first quarter of 2023. The official House…

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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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