by Luther | Feb 28, 2025 | Mortgage tips, News
A prominent lender has recently unveiled an enhancement to its loan-to-income (LTI) multiples, significantly increasing the borrowing potential for higher-earning individuals to 5.5 times their salary. This new offering aims to make home ownership more accessible and...
by Luther | Feb 19, 2025 | Mortgage tips, News
The Bank of England recently reduced the base rate to 4.5%, with further cuts expected later this year. This reduction has already had a significant impact on mortgage affordability. Lenders’ Stress Test and Affordability Lower interest rates can enhance...
by Luther | Feb 18, 2025 | Mortgage tips, News
In the world of mortgage brokerage, being directly authorised is a significant milestone that brings both autonomy and accountability. But what exactly does it mean, and why should clients consider working with a directly authorised broker? Let’s delve into the...
by Luther | Feb 12, 2025 | News
Positive Rate Shift The mortgage market is experiencing a positive shift as rates show signs of improvement. Currently, the two-year fixed rate at a 75% loan-to-value is 4.39%, and the five-year fixed rate stands at 4.26%. However, it’s noteworthy that these...
by Luther | Feb 10, 2025 | News
In today’s digital age, keeping up with telecom payments is crucial, yet an increasing number of people find themselves falling into the adverse credit trap due to missed or late payments. Let’s delve into how brokers can assist individuals with adverse...
by Luther | Feb 10, 2025 | Mortgage tips, News
Navigating the mortgage market can be a daunting task, especially when it comes to product transfers and ensuring the best rates. Enlisting the help of a mortgage broker can simplify this process and offer numerous benefits. Let’s delve into the key advantages...