tag:mortgagebroker.posthaven.com,2013:/posts Mortgage Broker 2018-05-15T16:27:38Z John Simpson tag:mortgagebroker.posthaven.com,2013:Post/1283800 2018-05-15T16:27:37Z 2018-05-15T16:27:38Z Getting a mortgage for a house in Flixton

I was recently contacted by a client wanting to buy a new build house in Flixton, Manchester. Barratt Homes have a new development in Flixton, Manchester called Scholar's Green (see https://www.smartnewhomes.com/new-homes/developers/branch/barratt-homes-scholars-green-manchester-82863/?from_fd=1).

My client was looking to buy one of these new build properties and had sold their current house subject to contract. All was good, or so she thought, but unfortunately she only had a 5% deposit and because she was looking to buy a house priced at £279,000, her mortgage lender were unwilling to extend credit facilities and loan her the money. Hence, she was not able to get a mortgage.

Getting a mortgage for a property you want to buy can often be infuriating because you believe that you have all the lending criteria sorted only to then be told that the lender will not give you a mortgage. My advise therefore is to read the pages of this blog - start with the home page and you'll find plenty of mortgage brokers who will be able to exceed what a high street mortgage lender can do and successfully broker you a mortgage.

So if you've been refused a mortgage by a high street lender, don't give up. It could actually be a blessing in disguise as you'll get a much better deal from an independent mortgage broker.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1275907 2018-04-23T06:36:20Z 2018-04-23T06:36:21Z Getting a Mortgage to live in Sale

Sale is claimed by the people who live there to be in Cheshire, but really it's part of Greater Manchester. Positioned between Stretford and Altrincham, Sale is a popular and upmarket place to live. A Manchester based mortgage broker who specialises on getting people agreed for mortgages in Sale is Manchester Mortgages.

Says Andrew Butterworth, broker with mortgage advisor Manchester Mortgages in Sale: "With typical property prices ranging from £250,000 up to over £1M there are plenty of different types of house available. There are also many different mortgage products on the market designed to cater for people in differing circumstances".

First time buyers tend to not live in Sale due to the property prices, instead they choose Stretford as it's far more affordable. Remortgaging is popular in Sale, where over the last 10 years house prices have risen by 10%-30%. This gives people plenty of scope to remortgage their property and make improvements such as extensions and refitting rooms.

Moving to Sale is popular and there are plenty of mortgage brokers who will advise on the best mortgage product for you. Those people will a poor credit score will find it more difficult to raise money to buy a house but it is possible - you just need to find the right broker.

"Educationally, Sale comes under the Manchester borough of Trafford - there is a good choice of schools available too. This make Sale a very popular area to live", continued Andrew.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1266166 2018-03-28T15:41:12Z 2018-03-28T15:41:13Z Stretford mortgage brokers

Stretford, the part of Greater Manchester that is home to both Manchester United football club and Lancashire County Cricket club is currently enjoying a bit of a facelift. The well know A56 Chester Road that runs from Sale through to the city centre is being repaired and the local Stretford shopping centre is also being beautified.

With 3 bedroom terraced houses now selling for upwards of £200,000 (see https://www.onthemarket.com/for-sale/property/stretford/), many people are looking to buy a house in this area. Mortgage brokers are much sought after and quality brokers like Andy Butterworth and Alan Dee are busily sorting out mortgages for all types of Stretford property.

Because the houses in Stretford are a mix, the types of mortgages available are also a mix. First time buyers, buy to let, lease to buy, remortgages and bad credit mortgages all rank highly in Stretford.

Ideally placed between Chorlton, Sale, Urmston and Manchester city centre, Stretford is the cheapest of these areas to buy a house. Chorlton is super expensive, closely followed by Sale and then Urmston. For people looking to buy a house in Stretford, you'll save yourself over £100k by relocating here rather than Chorlton.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1257910 2018-03-07T07:46:11Z 2018-03-07T07:46:11Z Clifton, Walkden and Swinton Mortgages

Clifton is an area of Greater Manchester located close to the M60 motorway and near to the towns of Kearsley and Swinton. All 3 areas have new housing developments that are ideal for people who are wanting to move into the local area.

One such housing development is Scholar's Green, in Worsley, just outside Swinton in Manchester. Close to both Walkden and Clifton these houses come with easy payment mortgages courtesy of Manchester mortgages who are offering good rates of repayment interest over both 25 and 30 years, with fixed rates for either 2 or 5 years.

In the last few years it's been difficult for many people to get mortgages, one of the reasons being that a large deposit is needed - typically in the region of £35,000+. This can understandably be difficult for people to raise this amount of money, but the Scholar's Green development handles this problem nicely.

With prices starting at just over £200,000, both a deposit and a mortgage for these Walkden and Swinton properties can be arranged in a little over 2 days. Deals can be arranged where houses are part furnished too - so once you complete on your house purchase you'll have the option to be moving into a house that is already part furnished.

An added bonus with living in Walkden, Swinton or close by in Swinton or Clifton is that Walkden Station is very near. It's an ideal commuter's station with great rail and tram links into Manchester and Bolton, and further afield into Leeds and Liverpool.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1250366 2018-02-20T15:13:20Z 2018-02-20T15:13:20Z Buying a house in Swinton, Boothstown or Eccles?

Attention house buyers and remortgagers, if you are wanting to buy a house or remortgage your property and it's in the Manchester areas of Swinton, Eccles or Boothstown then this post is especially for you.

Mortgage broker Andrew Butterworth from popular local mortgage advisors Manchester Mortgages has put together a special mortgage deal for people and families looking to move to these three areas.

Take a look at this house - ideal for first time buyers in Pendlebury, Swinton. At £130,000 it's affordable and an ideal way to get yourself on the Manchester property ladder. It's properties like this that Andrew is looking to get really good mortgage deals on for clients. Says Andrew: "Buying a house and getting a mortgage in Swinton, Boothstown or Eccles has never been more attractive than it is now."

I asked him why? - "With interest rates soon to go up (see this article from This is Money), Manchester Mortgages can get you a mortgage offer where the interest rate is fixed for five years. With the interest rate currently low, you can beat any rise by getting a mortgage with a fixed rate." he said.

He continued, "The areas of Swinton, Eccles and Boothstown have a lot of new build properties that are attractive to many homebuyers. Getting an equally good mortgage deal is essential in saving you money over the term of your mortgage."

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1233164 2018-02-05T12:00:04Z 2018-02-05T12:00:04Z Getting a house mortgage in Oldham

The M60 corridor as it is known is a ring road that encircles much of Greater Manchester. Working around from the north most point, between Whitefield and Middleton, one eventually comes close to Oldham. Now, Oldham is a busy place for those looking to buy a house, with many different types of house available.

Oldham

House prices are (compared with much of the rest of Greater Manchester) cheap, with 4 - 5 bedroom detached houses selling for upwards of £650,000, and then down to the terraced house selling for £130,000 upwards.

If you are a buy to let landlord or considering becoming one there are some great properties ion Oldham that you could buy to add or start your portfolio. With £1m - £1.5m you can have a rather decent property portfolio rather quickly.

Getting mortgages for these houses shouldn't be a problem either depending on whether you know a good mortgage broker. There are several that cover Oldham, but once again I stress the importance of avoid high street mortgage lenders. Why? Because mortgage brokers on the high street (the likes of Santander, HSBC, Halifax, Virgin etc), will only inform you about their own mortgage products. In practice, it's far more savvy to get a mortgage arranged through an independent mortgage broker, as they can advise you about available mortgages that are available on the whole of the market, rather than just to mortgages from a single vendor.

If you are looking for buy a house in or around Oldham, take a good look at this blog as it contains a lot of information that you will find useful. Please contact me for further advice also.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1232664 2018-01-20T12:00:02Z 2018-01-20T12:00:04Z Buying a house in Bury, Tottington or Walmersley

Recently in the Bury Times, an online newspaper that covers the areas of Bury, Radcliffe, Prestwich, Whitefield, Ramsbottom and Tottington there were some interesting articles on how to go about obtaining a mortgage and buying a house in Bury, Greater Manchester.

The link above will take you to the rightmove website, which is a portal of houses for sale and is organised by area. Now the area of Bury and surrounding satellites of Tottington, Walmersley and Ramsbottom have a lot going for them. They are quite well-heeled and well to do, the schools are good, and the motorway network is nearby, meaning that for work, both the M60, M62 and M65 motorways are easily accessible. Drive time into the centre of Manchester is around 40 minutes, which makes all these areas good commuting locations.

Also there's quite a bit of decent countryside around too, the area of Ramsbottom (just along from Tottington) is mainly greenbelt so if you travel out this far in your home buying investigations, you can expect to see hills, farms, fields and open countryside.

There are some new build houses going up throughout the area of Bury, but also some brownfield developments. Be sure to look at some other posts in this blog for further information.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1228604 2018-01-08T18:32:19Z 2018-01-08T18:33:27Z Listed Buildings for sale in Greater Manchester

With all the interest in buying property in Manchester, in this post we take a look at an article from the MEN about listed buildings that are up for sale across the Greater Manchester area - some of them are so cheap you won't even need a mortgage.

Whilst owning a listed property is nice for some people, remember that they come with a list of things that you can't do - one of which is usually renovation - the buyers are encouraged to preserve the properties period features.

Sometimes, grants are available to help you maintain your listed property but obviously, you will need to check what is and isn't possible, along with what can and can't be done to the property.

You can get the information you need from a good mortgage provider and broker and there are few better equipped than Manchester Mortgages, a lender that has been providing mortgages in Manchester for the last 20 years. Experts in period properties with restrictive covenants, they have dealt with getting mortgages for clients wanting to buy historic buildings for several years now.

So take a look at the properties from all over Manchester, including Middleton, Heywood and Delph and think what it would be like to own a little piece of history.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1213122 2017-12-16T17:00:00Z 2017-12-16T17:00:05Z Moving to Didsbury? Need a mortgage?

In a recent MEN article, the pro's and con's of living in Didsbury vs living in Chorlton were compared. Once you've read the article, lets take a look at the mortgage brokering services available for Didsbury.

Didsbury is divided into West Didsbury and East Didsbury, both areas are very attractive to home buyers and home owners. There are all sorts of properties available from one bedroom flats through to larger detached residents. Because of house prices these days, very few people have enough money to buy a house outright and will have to get a mortgage in order to buy a house.

This is where the mortgage broker comes in, but what is a mortgage broker? A mortgage broker is a person who is able to get a mortgage for people who are looking to buy a house. At this point it's important to be distinct between a mortgage broker and an INDEPENDENT mortgage broker.

A regular mortgage broker will only offer you mortgage from the company they work for - so for example: a Halifax mortgage broker will only tell you about mortgages available from the Halifax, whereas an independent mortgage broker is able to tell you about mortgages available from all providers.

Frequently the mortgages sold by non independent brokers aren't very competitive, so in Didsbury for example, you are much more likely to get a decent mortgage from an independent mortgage broker. Consider that mortgages run (typically) for 25 years. 25 years is a long time, and over the full term of a mortgage, being lazy and not getting yourself the best mortgage deal can cost you thousands of pounds.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1209098 2017-11-28T16:17:58Z 2017-11-28T16:17:58Z Mortgage housing in Rochdale and Rossendale

There's a good chip shop in Norden called The Bridge, and I go there probably about twice a month. It's not far in the car and the drive takes me through some areas of Rochdale and Rossendale. As well as having a decent chip shop, it's got a decent pub (The Horse and Farrier) and is quite a desirable area to live in.

You can Google yourself to find out more about living in Rossendale or Rochdale, Rochdale has many cheap properties and it goes without saying that therefore the area is less affable and monied that the houses and areas of Rossendale. If you search for houses to buy in Rochdale you'll want to secure a good mortgage broker too.

Mortgage brokers aren't just for first time buyers, they can also be of great assistance to when remortgaging a house, moving house or considering buy to let. With the recent increase in interest rates and the abolition of stamp duty, it can be a good time to buy a house for many people.

There are plenty of houses available in Rochdale and Rossendale but towards Christmas the market always slows down. Putting their house on the market can be a New Year's resolution for some people too so keep your eyes open for a bargain in the New Year.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1198872 2017-10-17T13:01:23Z 2017-10-17T13:01:23Z Mortgage in Swinton / Worsley Question: Hello there - I wonder if you can help me? I'm looking to buy a house in the Swinton and Worsley area of Greater Manchester. I have saved a deposit of £25,000 and am looking to borrow approximately £200,000. I am in full time employment but my credit history isn't the greatest - there are no outstanding debts now, but a few years ago I ran up some debts on credit card which took me a while to pay off.

The house is situated between Leigh and Worsley Road, close to the A580. It is vacant possession. Do you need to know anything else?

Answer: Thanks for your enquiry. You're looking to buy a house in a popular part of Manchester and while Worsley can be very expensive, more affordable properties are to be found in Swinton. I am familiar with both parts of Greater Manchester and can tell you that mortgage competition is fierce.

We can do a lot to get you a good deal as you have a deposit of £25,000 and are in full time employment. There are some additional questions I'd like to ask you about your poor credit history, but don't concern yourself at this part as sometimes it turns out not to be a problem at all.

A popular mortgage broker in Manchester is Manchester Mortgages - who I mentioned in my last blog post (http://mortgagebroker.posthaven.com/mortgage-broker-advice-manchester). They are a good choice and have several decent Google recommendations too. Start by giving them a call and if you need further advice you can always make an appointment to see them.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1194261 2017-09-27T11:53:40Z 2017-09-27T11:53:40Z Mortgage Broker Advice - Manchester

I'm a final year student at Manchester University [http://www.manchester.ac.uk/] and I've secured a job in Greater Manchester around the M60 motorway. As I'm a big fan of the city I'd like to start the wheels in motion for buying a house in Manchester but I've found that it's not so easy to get a mortgage. At least not from the likes of HSBC or Halifax. I therefore am considering using a mortgage broker to get the the mortgage deal I want. Has anyone had any experience of mortgage brokers in Manchester?

My wife and I have a combined yearly income of £63,000 and we are looking to get a mortgage so we can buy a house in Urmston, Manchester. Urmston is our first choice but if nothing is available we would consider living further afield in places like Flixton, Stretford or Sale. We have a small deposit of £10,000 and have seen a house on the Urmston / Sale border (a place called Carrington). I have been recommended using Manchester Mortgages as a mortgage lender and wonder if they are also mortgage brokers? Is a lender and a broker the same thing when it comes to mortgages?

Both enquiries are excellent material for successfully getting a mortgage in Manchester - one of the most sort after places in the North of England, and with good road and rail links. Ideally you should look for a broker who can select from the whole of the market rather than being tied to just one lender. A great example is Manchester Mortgages (Facebook: https://www.facebook.com/manchestermortgages/) who post regularly about clients they have managed to get mortgages approved for and seem be to a friendly bunch according to what people say about them anyway.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1190669 2017-09-18T12:00:00Z 2017-09-18T12:00:03Z Buying a house in Manchester Shopping for a house Manchester, mainly for the first time can be daunting. The decisions you make alongside the manner could prevent – or cost you - many hundreds of pounds. Here’s our step by step guide to buying a home 1. Determine if buying a house is right for you Although 86% of people within the uk want to own their own home, it’s no longer constantly right for every body all the time – some people turn out to be with big regrets. See is buying proper for me? There are a number of things you want to think about before putting off on your home looking quest – no longer least whether or not you can truly come up with the money for it. See am i able to have the funds for to buy a house? In Manchester, there are several areas you can choose where you'd like to live. Popular residential areas include towns such as Bury, Oldham, Whitefield and Prestwich in Northern Manchester. In the south of Manchester you may like to look at places like Sale, Didsbury and Wytehnshawe. 2. Determine in case you ought to sell your house first In case you are already a home owner in Manchester, determine whether or not you need to promote your house or flat earlier than you buy. it may be risky in a rising marketplace, but there are upsides. especially, you may be able to pounce speedy when you do discover the house of your goals, and also you gained’t be trapped in a housing chain 3. Decide for your price range How a whole lot do you want to spend? This is probably dependent on how a great deal of a deposit you can get collectively. See How lots can i have enough money? Don’t forget about the style of one-off and ongoing hidden prices of purchasing a Manchester home. those can put a further 15% at the price of your house – extra in case you are doing serious constructing or redecoration work. See The hidden charges of purchasing and owning a belongings]]> John Simpson tag:mortgagebroker.posthaven.com,2013:Post/1189747 2017-09-08T14:10:13Z 2017-09-08T14:11:44Z Buying your first house

Shopping for a domestic house for the primary time has to be one of lifestyles’s maximum interesting but annoying milestones. One of the most difficult things is to get a decent mortgage broker to help you.

On the only hand you’ll be able to decorate and make the location your personal however then again, you could discover your self feeling beaten with office work and housing jargon.

And with such a lot of charges to recollect from solicitor prices to stamp duty responsibility, the house buying manner can of course be high priced too. that is in which we come in. We’ll evaluate all the loan offers on the market to discover the one that satisfactory suits your monetary state of affairs. We’ll highlight the most fee-effective merchandise earlier than letting your decide which one is proper for you.

Getting a mortgage loan with a low credit score rating

In case you’re involved approximately your credit score score, we’ll assist you become aware of the creditors maximum probably to provide you with the loan you need. We’ll take a very good study your price range before ruling out the loan providers with strict and inflexible lending criteria. With our help, there’s no want to ship off endless programs or threat being grew to become away. We’ll help you store money and time on your house shopping for journey.

Getting a house mortgage when you’re self employed

Acquiring a mortgage whilst you’re self employed may be a undertaking. thanks to unpredictable charge terms and earnings fluctuations, some creditors are reluctant to offer mortgages to self employed humans. but, there’s no need to surrender your homeownership desires simply yet. With a healthy deposit, a relaxed credit score rating and evidence you could control repayments, an knowledge lender can be inclined to offer you with the mortgage you need.

We assist you to perceive the bendy loan companies inclined to consider you utility. not most effective can we highlight those most probably to lend, we’ll additionally assist you discover a outstanding deal and prevent money inside the procedure.

We’ll discover the proper deal for you In relation to finding the proper mortgage deal for you, it’s wise to familiarise yourself with the exceptional loan types earlier than you make a decision. From tracker mortgages to products imparting generous cashback offers, there’s plenty to take in. fortuitously, we’re here to help!

Through ditching the jargon and explaining each loan kind in easy phrases, we’ll help you discover the nice merchandise in your circumstances while pushing the relaxation aside. Those most likely to lend, we’ll also help you find a great deal and save you money in the process.

We’ll find the right deal for you When it comes to finding the right mortgage deal for you, it’s wise to familiarise yourself with the different mortgage types before making a decision. From tracker mortgages to products offering generous cashback deals, there’s a lot to take in. Thankfully, we’re here to help!

By ditching the jargon and explaining each mortgage type in simple terms, we’ll help you identify the best products for your circumstances while pushing the rest aside.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1185368 2017-08-24T11:00:00Z 2017-08-24T12:00:04Z Prestwich housing and mortgages

Manchester mortgage brokers are extremely joyful to offer on the market this widespread bedroomed detached dormer bungalow. The belongings occupies an amazing position dealing with Heaton Park in this maximum prominent location of Prestwich. The belongings has generous dwelling lodging and gives a brilliant deal of ability. The lodging incorporates: porch with included access, entrance hallway permitting access to the primary floor, visitor WC, bedrooms, stunning living room presenting a stunning bay window and gasoline fire. huge open plan Poggenpohl kitchen / diner with french home windows starting to the conservatory. leading off the kitchen is a application room with get entry to to the attached storage. the main bedroom capabilities a Poggenpohl en-suite lavatory. To the first floor is a loft room with Velux windows and an en-suite bathroom. Externally a paved walkway results in the front door with lawned regions and planting boarders to either facet, the rear lawned lawn gives a patio vicinity with mature plant life imparting privacy and is absolutely enclosed. to comprehend the true size and capacity an inner viewing is recommended.

Porch 10'6'' x four'eleven'' The porch has a included approach with tiled floors and pillars to either side, uPVC double doorways, uPVC double glazed windows to the facet and front thing, rendered partitions, wood and glazed double doorways lead into the doorway hall.

Hallway 14'9'' x nine'6'' an impressive and alluring hallway providing ceiling coving, carpet, visitor WC and a carpeted stairway to the primary ground.

guest WC 4'7'' x 2'6'' Comprising a low level WC, wash basin, ceiling coving, carpet, cabinet housing consumer unit and utilities.

front room 22'1'' x 16'4'' This stunning carpeted front room features a huge wood framed bay window permitting herbal light to flood the room. A stunning archway encloses the side aspect uPVC double glazed corner home windows to both side of the fuel characteristic fireplace with marble base, decorative ceiling coving and wall lights.

Kitchen/Diner 16'three'' x 15'2'' This lovely brilliant kitchen gives a eating vicinity with uPVC double glazed bay window and laminate flooring, whilst the kitchen has a tiled floor. The kitchen region gives a Poggenpohl kitchen and comprises a range of matching wall and base installed devices with tiled splashback, Corian running floor, moulded sink and drainer, breakfast desk, glass show cabinets, open corner shelving, inset lighting, and fundamental appliances to include a dishwasher, four ring gasoline hob, microwave, concealed extractor hood oven and fridge. there may be access to a lower back door, software and conservatory thru uPVC double glazed french home windows.

More For further information about this excellent Prestwich property please contact Manchester Mortgages and a mortgage broker or advisor.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1181664 2017-08-08T11:42:07Z 2017-08-08T11:42:07Z Buying Flats in Manchester

Manchester net hosting corporation UKFast has announced adjustments at the top as it embarks on the next stage of its growth plans. Buying a prestigious building in the centre of Manchester with flats for accommodation is also high on the radar screen according to independent mortgage broker John Simpson of Mortgage Broker Advice.

The contemporary changes sees the commercial enterprise formally cut up into two hands with present day MD Jonathan Bowers making a lateral pass to move up the company’s speedy-developing employer division, while co-founder Gail Jones takes at the role of managing director to facilitate.

UKFast company has grown hastily and already bills for 43 in keeping with cent of UKFast’s turnover from simply four in line with cent of the purchaser base.

Jonathan Bowers, stated: “inside the past five years we've seen the enterprise move from power to strength. To retain this momentum, we've remortgaged and we’re taking the interesting step of splitting into elements, to make certain that the clients of both regions get the care and interest they require.”

Lawrence Jones, CEO of UKFast, says: “For the remaining six months we had been recruiting for an MD for enterprise and we’ve visible over 200 candidates, none of whom I felt have been as properly positioned as Jonathan to take company department forward. He knows our customers fantastically properly and is aware our tradition higher than all and sundry.

“UKFast continues to grow regardless of pressure from AWS and Azure, and with the business enterprise facet of the commercial enterprise liable for 43%, I realised the perfect state of affairs could be for Jonathan to take employer and Gail to take the position of managing Director of UKFast.”

Gail Jones says: “throughout all our agencies we’ve grown to more than the £50m turnover mark and i'm excited to tackle one of these manufacturers to ensure our clients get exactly what they need, whilst pushing the business to the subsequent degree.”

“She founded the commercial mortgage enterprise with me in 1999 and has been with me every unmarried day when you consider that. She has all the trends that I value in a pacesetter; she is affected person, enormously clever and he or she’s a notable listener. I understand that with Gail alongside Jonathan on the helm the two of them will make a powerful crew.”

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1176547 2017-07-24T13:42:47Z 2017-07-24T13:42:47Z Levenshulme mortgage - Manchester

Attending to paintings is the bane of most of the people’s lives. So where ought to you live if you paintings in Manchester metropolis centre and also you need to journey less than 20 minutes from your private home on your office?

Levenshulme
Way to its bustling marketplace and developing cafe/bar culture this South Manchester suburb is drawing increasingly more people in - and retaining them there.

There are bars, restaurants and parks. people tour far and extensive to discover Levenshulme marketplace - on each Saturday and 1/3 Friday of the month.

Neil Fletcher, from Kaye MacKenzie property sellers, said: “There’s pretty some things occurring. one in all the biggest modifications is the market, which is crazy and definitely nicely prepare - like all of them are nowadays.

“It’s an interesting time for Levenshulme.”

Trip time?
Educate: It takes simply six mins to get to Piccadilly educate Station, that is the fastest trip of the lot.

Vehicle: driving may be a piece of a warfare inside the morning rush but heading to upper Brook avenue through Plymouth Grove and Stockport road, you could be at your nearest vehicle park in 9 minutes - on a good day.

Bus: each the 192 and X92 take simply 18 minutes to get to the town centre.

Cycle: Heading down Stockport road then - depending how speedy you cycle, that is - you could be at Piccadilly Gardens in just 18 mins.

House fees?
Regardless of the growing reputation the common house in Levenshulme will set you lower back £a hundred thirty,488 - a rise of nearly £2,000 on the preceding yr.

Large families trying to pass to the hip South Manchester suburb can find a semi-indifferent house for £154,524 on average.

There are an abundance of conventional terraced houses for around £120,000.

What do they are saying?

Resident Pauline Johnston, 34, a PR consultant, said: “you can’t help however sense linked to the city of Manchester via being six minutes on a teach. The 192 is each 5 mins too.

“It doesn’t have the constraints of quite a few different suburbs nearby, the dearth of chains on the high street make for innovative agencies and pop ups.”


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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1170973 2017-07-16T11:00:00Z 2017-07-06T13:52:15Z Manchester Housing News - Part 2

A second option, understood to have been favoured by Mr Burnham, would put the consultation back until early next year.

That raised questions among leaders over the impact on the local elections next May, however, while some councils - including Oldham and Stockport - could need longer than others to revisit their own particularly controversial proposals.

As a result a third, even longer delay, putting back consultation until next June, is also on the table.

That would mean no final draft would be published until at least December 2018 - and nothing formally adopted until Spring 2020.

Sources close to Mr Burnham said no decision had been reached on the timetable following Friday’s meeting, but stressed extra time was needed to get it right.

Last year’s consultation on the first draft drew 25,000 responses, huge numbers of which opposed building on the green belt. There was also considerable criticism of the plan’s methodology.

Mr Burnham’s office also believes the first version paid too little attention to building high-density housing in town centres, although attracting developers to those areas - where there is currently little investor interest - is not expected to be straightforward.

He believes the plan does not dovetail clearly enough with the region’s long-term visions for transport and affordable housing.

Delaying the plan in order to meet the mayor’s promises will raise questions over why last year’s consultation, which cost at least £80,000, was not put off until after he was elected.
[with thanks to https://www.facebook.com/manchestermortgages/]


Meanwhile - in signs of emerging tensions following the mayoral election - it is understood around half the region’s council bosses do not want to see the plan delayed, particularly those confident in their existing proposals. More than one senior insider suggested Mr Burnham had underestimated the level of work needed to fully re-think and re-write the plan, as pledged in his manifesto. One warned the absence of such a masterplan would harm investor confidence, particularly in the wake of Brexit, since developers and businesses would not know where they stood. The idea of delaying until 2020 was ‘ridiculous’, they added. A second said it was causing ‘frustration’ since ‘the timetable already existed’, adding: “Andy was fully briefed on this plan as an MP but he didn’t understand until now what he would have to deliver.” Individual councils are now carrying out an initial review of their own parts of the draft masterplan, which originally included development on green belt in every part of the region. That includes looking at land not currently included in green belt that could be re-designated in order to make up for losses elsewhere. (source: http://www.manchestereveningnews.co.uk/news/greater-manchester-news/greater-manchesters-controversial-housing-masterplan-13288112)]]>
John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1170972 2017-07-06T13:45:42Z 2017-07-06T13:45:42Z Manchester Housing News - Part 1

A rift has emerged among town hall chiefs and new mayor Andy Burnham over how quickly to plough ahead with the Greater Manchester Spatial Framework (GMSF)

Greater Manchester’s controversial 20-year development masterplan could be delayed by well over a year so council bosses can go back to the drawing board.

A rift has emerged among town hall chiefs and new mayor Andy Burnham over how quickly to plough ahead with the Greater Manchester Spatial Framework (GMSF).

Officials are eyeing up a major rewrite fallowing of Mr Burnham’s manifesto pledges and public concern over green belt.

One option now under discussion is to aim for it to come into force in Spring 2020, considerably later than the December 2018 date originally intended.

But some council bosses are opposed to the delay, believing it will harm investor confidence in the region.

The GMSF - the region’s long term development blueprint - caused a storm when it was unveiled in draft form last year due to the dozens of greenfield and green belt sites earmarked for new housing and businesses.

Council chiefs now believe it was not clear enough in its vision, while also accepting some green sites will need to be removed due to public opposition.

(source: http://www.manchestereveningnews.co.uk/news/greater-manchester-news/greater-manchesters-controversial-housing-masterplan-13288112) A private meeting of combined authority leaders last week saw three new potential timetables put forward for the plan so it can be rewritten. One option would involve consulting on a new draft this autumn, a couple of months later than originally planned, before submitting to government a year later in the hope of adopting it in September 2019.]]>
John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1167658 2017-06-26T12:23:28Z 2017-06-26T12:23:29Z New Housing Development - Ramsbottom

Attention all people looking for a home in a really good area - there's a new housing development being built in Stubbins, Ramsbottom.

The developer is Eccleston Homes and details of the development are up at http://www.ecclestonhomes.co.uk/developments/chatterton-place/.

The development, off of Bolton Road North, Ramsbottom has the BL0 0NB postcode which puts it right in the middle of one of the most affluent and up and coming areas of Lancashire. Situated on the Lancashire / Greater Manchester boarder it has excellent motorway links, local shops and good schools.

As yet I have no details of how much the housing is going to cost but if you bookmark the above site and check back often you should soon learn more details.

If you are interested in buying one of these houses or a similar one in the Ramsbottom / Stubbins area you should also consider the areas of Holcombe, Helmshore and Edenfield. These are 3 villages with quaint charm that have a lot going for them.

If you need a mortgage, then get in touch, there are many excellent mortgage brokers in Manchester who will be able to help you.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1161832 2017-06-08T14:36:03Z 2017-06-08T14:36:03Z Refinancing your home (for older people)

I have been approached by a pair of their early 60s, both in complete-time employment, whose hobby-simplest residential mortgage changed into due to expire, who wish to refinance

Because of their age, their contemporary lender was unable to offer a new facility and had requested that the closing balance be repaid.

Not able to make the total compensation and no longer wanting to down-length, the couple asked us to assist them remortgage and had asked that they stay on interest-best terms, retaining their monthly payments low.

With blended gross income of less than £75k pa, it might now not be honest to acquire interest-most effective terms as much as the extent of borrowing that the clients required. furthermore, each customers are already aged 60 or over, which again limits the availability of hobby-best finance.

We took the case to a lender that offers interest-most effective phrases as much as age 70, and fast acquired an agreement in principle. The valuation, but, came back decrease than expected, which extended the requested LTV to sixty four%. The lender applies a cap to hobby-only borrowing at 60% LTV, so the loan had to be restructured to part interest and part repayment.

Regardless of this, the phrases supplied nonetheless resulted in plenty decrease month-to-month repayments than their existing facility. The couple had been extra than satisfied to continue underneath the new phrases.


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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1152934 2017-05-10T11:50:56Z 2017-05-10T11:50:56Z Wigan and Bury Mortgage Brokers, Manchester and Lancashire

Here's a question that recently came into us. The person is looking for mortgage brokers who can secure them a deal in either the Wigan or Bury areas of Greater Manchester / Lancashire.

I'm looking to get a mortgage and wonder if you can help me? I'm wanting to move into the Manchester area - perhaps around Bury or Wigan. I'm a first time buyer and am looking for a mortgage of about £120,000. I have a deposit of £45,000 and wonder if this will be enough?

I've tried some high street lenders such as HSBC and RBS but there's a ridiculous waiting list of several months. I've seen the house I'd like to buy and I need a decision on whether I can get a mortgage or not - I can't wait for HSBC or RBS - they take too long. Hopefully you can help me find a mortgage? I was recommended to you by a friend who also lives in Manchester.

I'd probably prefer to live in the Wigan area rather than Bury and have found some 3 bedroom houses in the Haigh, Aspull and Tyldesley areas. The prices are above £150 so it's a bit of a stretch but I reckon I should be able to find myself a mortgage broker who can sort me out with a good deal.

I've been reading your blog and noticed that in one post you mentioned Manchester Mortgages. I found a general Manchester portal of mortgage brokers too at http://www.manchester.com/money/mortgage_brokers_advisors.php so I will try the phone numbers on there and look at the web site.

In the meantime if you can get back to me with what criteria you need to find me a mortgage in the Wigan or Bury areas that would be great!

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1150060 2017-04-28T12:05:14Z 2017-04-28T12:05:14Z Fixed Price Mortgages (loans)

The pricing of fixed mortgage quotes relies upon on several up-to-date, but broadly speaking whether or not banks can get their palms on cheap cash updated lend out. They usually get it from savers or by means of borrowing from different banks at the money markets, shopping for cash at a positive fee – the "swap" rate – for a positive period.

Those change rates react up-to-date expectations of future hobby quotes and inflation, which affect the rate of mortgages.

Change prices dropped sharply ultimate January amid worldwide financial turbulence, and once more following the Brexit vote, however rose once more at the up to date of 2016.

Loan prices are expected up-to-date upward push in reaction, despite the fact that the extent of competition between credit and a few market stagnation may postpone reactions.

Movement taken with the aid of the bank of britain could have an impact. The financial institution has made it clean within the beyond that if runaway residence charges are a risk and extremely-low mortgage quotes are a reason, the latter will be policed away – by way of heaping new costs or capital necessities at the banks.

Up-to-date up-to-date then skip at the expanded fee of investment up-to-date mortgage up-to-date by way of increasing their rates.

What's the distinction among constant and variable quotes? In case you take out a set-fee mortgage the hobby price you pay might be constant for an initial duration, regardless of charge changes made by way of the financial institution of Britain or actions within the markets.

Constant charges are typically for two, three, five and now and again 10 years, with longer phrases costing extra. as soon as the fixed length ends, borrowers are pushed directly to the lender's "well known variable fee", which may be plenty better.

Variable loan fees can range at some point of the mortgage time period, that means up-to-date will no longer have the security of knowing how a whole lot their repayments might be each month.

However, if the British economic system dips, hobby charges will likely decrease, making the payments significantly less expensive. additionally, because the mortgage comes with the uncertainty of interest costs either rising or falling within the destiny, the preliminary rate is often lots decrease than with constant mortgages.

The most inexpensive fixed deals it is now not all approximately charge. up to daters like more costs, inclusive of association expenses.

We've calculated the full fee of some of the quality deals, up-to-date on a £350,000 domestic with a loan of 25 years.

Two situations are included: a client with a 40pc deposit (£a hundred and forty,000) and a client with a 10pc deposit (£35,000). the primary is supposed up-to-date someone remortgaging or shifting home, and the second one updated a primary-time up to date.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1145493 2017-04-10T18:31:42Z 2017-04-10T18:31:42Z Levenshulme and West Didsbury Mortgages

Levenshulme and West Didsbury and up and coming areas of Manchester where the demand for property is high and mortgage approvals are at an all time high. Manchester mortgage brokers like Manchester Mortgages are getting mortgage approvals for many types of customer weekly. Levenshulme is set 4 miles south of the metropolis centre on Stockport street, a main route to the south of Manchester.

Residing in Levenshulme Levenshulme is a vibrant vicinity with a good blend of housing and numerous groups.

There is an amazing variety of neighborhood stores, eating places, antiques stores and offerings alongside busy Stockport street, and a huge Asda grocery store in close by Longsight.

Public shipping is superb, with regular buses along Stockport street to the colourful city centre, with its employment, leisure and amusement centers. There are ordinary trains to Manchester and Stockport from Levenshulme station.

Cringle Fields and Crowcroft park at either cease of the place provide inexperienced space and lesiure centers. houses to rent in Levenshulme

There are round 1,100 houses rented out via not-for-profit landlords like housing institutions and housing trusts. Getting a mortgage is easier if you use a broker.

West Didsbury
West Didsbury is ready 4 miles south of the town centre, on the east facet of Princess street, a prime path into the metropolis from the M56 and the toll road network. living in West Didsbury

It's just over a mile to the wide type of shops, banks, post places of work, bars and restaurants in Chorlton or Didsbury.Mortgage arrangers Manchester Mortgages have an office here.

There are extra neighborhood offerings in Northenden a pleasing mile walk away across one of the neighborhood golfing courses.

There are very common buses alongside Barlow Moor road to Didsbury and Chorlton, the town centre and the university, and masses of buses along Princess street to the city centre and to Wythenshawe and the airport. houses to lease in West Didsbury

There are round 180 homes rented out via no longer-for-earnings landlords like housing institutions and housing trusts.

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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1134618 2017-02-27T15:25:34Z 2017-02-27T15:25:34Z 'Buy for Uni' mortgage

Many students come to the end of their degrees wondering when they are going to be able to afford a deposit on a property in light of the student debt they will have accumulated. But some students leave university already a home owner/ landlord. Sounds improbable? Two lenders (The Loughborough Building Society and Bath Building Society) are offering a 'buy for uni' mortgage - the catch being that close relatives provide security.

Under the terms of the deal, students who are over 18 and are in higher education in England and Wales can get a loan for up to £300,000. The property must be within 10 miles of where they study and must be guaranteed by parents, step-parents or grandparents.

Lenders argue that this product enables young people to get a foothold on the property ladder, allowing the student to become a landlord by renting out rooms to fellow students. The rental income needs ideally to cover more than the repayments, to account for rises in interest rates or periods of low occupancy. Alternatively the guarantor is obliged to cover any periods of suboptimal renting.

Although this is a new product from the Loughborough Building Society, the deal has been available in Bath since 2008, on the basis of a loan to value ratio of 75% or less. The students' relatives are required to provide at least a 25% charge on the property. But does it work in practice? According to Bath Building Society's chief executive, the rental income derived from fellow students usually pays the majority of the mortgage repayments; however, the model works better in some towns than in others.

Some student representatives are advising a cautious approach for students considering this option. Signing up for a mortgage at the age of 18 may place a lot of responsibility on young shoulders, and hidden costs such as surveyors and legal costs may potentially catch people unawares.

These deals are not for everyone, and lenders argue that they carefully assess the circumstances of the student and the guarantors before entering into a contract. Interest rates are typically higher than equivalent conventional mortgages and it is important for potential borrowers to be aware of the risks. And parents too need to be aware of risks to their own property. For instance, if there is a rental shortfall the bank of mum and dad is going to have to pay the difference, and if the property were to end up being repossessed, the lender could claim any shortfall from the parents' equity. In addition, borrowing against their own home in future could be affected. On the plus side, however, the property is in the child's name, and so there would be no additional property stamp duty surcharge, presuming parents own their own home.

 

Housing in the Fallowfield district of Manchester now almost all occupied by students

 


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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1129117 2017-02-06T18:27:49Z 2017-02-06T18:27:49Z London's Housing Crisis Continues...

You'd have to live under a rock not to know that house prices in London are incredibly expensive... and, for most people, a rock might be all they could afford in the capital.

A recent study by the National Housing Federation has found that a 20% deposit on an average London property has increased to £113,000, putting stepping on the property ladder in the capital out of reach for many. And renting isn't cheap either, with an average monthly rent over 60% of a typical salary. Factor in living expenses and there is little left over to start saving towards a deposit. It's no wonder perhaps, that fewer people than before expect to own their own home in the future.

Of course, some areas in London are more affordable than others - the average price in Barking & Dagenham, for instance, is around ten times the average wage, whereas properties in Kensington & Chelsea top the list of the least affordable, with prices being nearly 35 times the average local wage. Other expensive areas are Westminster, Camden, Hammersmith and Fulham and the City of London, and cheaper areas are Bexley, Havering, Newham and Croydon.

So how are people managing? More and more people in London are turning to the welfare system to make ends meet, with around one third of all housing benefit claimants being working people. This proportion is higher than any other area in England, which highlights the difficulties in the capital.

The housing crisis is experienced more acutely in London than any other area, and action is needed to address the issue of affordable housing.  Housing associations have been the recipients of more funding and flexibility from the Government, and the National Housing Federation is keen to work closely with the mayor to deliver affordable homes in the capital.

 


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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1127517 2017-01-31T11:36:10Z 2017-01-31T11:36:10Z Report indicates falling numbers of house movers

Numbers of home movers have fallen for the first time since 2011, according to a report by Lloyds Bank. The figures suggest that around 13,000 fewer people moved home in 2016 than the previous year. So what factors are causing the numbers to drop?

High stamp duty and a shortage of supply have been blamed for the fall in numbers. Fewer second-time buyers find themselves able to afford a larger home, while fewer older people seem to be downsizing. Stamp duty increases for the more expensive homes may be causing sluggishness in the lower end of the market as wealthy homeowners are not moving and freeing up properties for those climbing the property ladder.

Leading politicians have called for a review of stamp duty in March's budget, but given that over £2.5 billion was generated by the purchase of expensive properties, Chancellor Philip Hammond may be reluctant to reverse the increase in the tax brought in by Chancellor George Osbourne in 2014.

Stamp duty is not just an expense for the wealthy, however. As house prices rise, stamp duty has become increasingly expensive for all buyers, who now have to factor in an average cost of £11,000 to cover stamp duty, estate agents' fees and legal fees.

Even though affordability for first-time buyers is in a slump, Lloyd's figures suggest that first time buyer numbers have increased. The slowing down in the market then is more as a result of homeowners not moving up the ladder to the more expensive properties due to cost, and, as the bank suggest, a lack of suitable properties to purchase combined with concerns about the impact of Brexit on the housing market.

More stringent affordability rules is also constraining the market as some homeowners may be unable to move their loan to a new property.


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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1125293 2017-01-23T13:10:45Z 2017-01-23T13:10:46Z Is the North-South divide narrowing? House price trends in the UK

According to a recent report by Hometrack, growth in house prices in our regional cities is continuing to outstrip that of London, with Bristol and Manchester seeing the largest increases.

Manchester is now vying for top spot with a growth of 8.9% compared to Bristol's 9.6%. For Manchester, the rate price inflation is at its highest since July 2005. But why is London falling behind in the rankings?

Hometrack suggests that demand is falling in London because of high levels of unaffordability. With an average house price in excess of £580,000, about 14 times the average salary, many citizens struggle to obtain a mortgage, and house price growth in the capital is projected to slow further over the year. Other cities outranking London in the list of house price growth include Oxford, Portsmouth, Southampton and Birmingham.

However, to suggest that this means the traditional North-South divide is lessening is inaccurate. House prices in Scotland, for instance, showed slower growth than London, which at 7.3%, is still considerably higher than Glasgow (4.9%), Edinburgh (3.7%) and Aberdeen (-3.2%).

So while the divide isn't disappearing, it is true that in Manchester, and to a lesser extent Birmingham (7.5% growth), market conditions are stronger than in the capital. But what does this mean for Mancunians? It's a double-edged sword. The supply of homes is just keeping pace with the demand, which is maintaining the upward pressure on prices. That's good news for homeowners, many of whom will have increasing equity in their homes, but not so good for first time buyers or those wishing to move up the property ladder, who will find their finances squeezed.

The promised Housing White Paper this month will demonstrate whether and how the Government will build on its pledge to provide a stock of affordable homes.

 


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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1123657 2017-01-16T21:29:59Z 2017-01-16T21:29:59Z What a difference a year makes...

This time last year, buy-to-let landlords were snapping up properties before the April 2016 increase in stamp duty and were proving to be tough competitors in the housing market for first time buyers.

This year, however, according to Rightmove there are more smaller properties available to first-time buyers, because there are fewer landlords seeking properties compared to this time last year. Available housing stock has increased and the increase in supply means that first time buyers have more opportunity to negotiate and get a great deal on their first property.

However, it's not all plain sailing. The average price for first homes has increased by 6.4% in the last year, and with relatively stagnant wages, affordability is becoming more of an issue than ever. According to a recent report in the Telegraph, there has been a recent increase in the number of people relying on the 'Bank of Mum and Dad' with 1 in 12 purchases partly funded by a family member or friend.  

So, this year, for first time buyers, it's a mixed picture. On the one hand, there's less competition from landlords and more choice of properties, but on the other, first time buyers may struggle to pass lender affordability tests and parents may feel under pressure to assist with the costs of house buying. The picture is not the same across the UK however. In certain areas house prices have fallen slightly. Wales and the North East of England, for example, have fallen between 1 and 2%. In the East of England, in contrast, prices have risen around 6%. This increase in prices however, may now be mitigated by the stronger negotiating power of first time buyers who have less competition from landlords. And with low mortgage rates on offer, lenders are trying to attract first time buyers to get onto the property ladder.

Policy initiatives may also help first time buyers.  For example, the government is investing £1.2 billion in the Starter Homes Land Fund, and the much-anticipated Housing White Paper, due this month, is predicted to detail radical changes to improve the supply of housing.  

 


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John Simpson
tag:mortgagebroker.posthaven.com,2013:Post/1122926 2017-01-13T16:53:07Z 2017-01-13T16:58:33Z First time buyers in Didsbury

Amid reports today that the number of first-time buyers has risen sharply for the first time since the financial crisis, observers have noted that the size of deposits has also risen rapidly, doubling from £15,000 in 2007 to over £30,000 now. So if you're thinking of climbing onto the property ladder in Didsbury, what are the things you need to consider?

There's no doubt that South Manchester is an attractive area to live both for young people and families - there are quality schools, restaurants and nightlife and all within a few miles of Manchester City Centre. The house prices reflect this, with the average house price being £290, 000. Out of reach for a first time buyer?

With constant changes to the housing market, and the prospect of first time buyers taking on 30-35 year mortgages it is easy to feel confused about what options are available to first time buyers in a sought-after area of Manchester like Didsbury. Help to Buy schemes may be available, or shared ownership may also be an option. Since many would be first time buyers are in their 30s, a longer term mortgage would mean paying mortgage payments into your 60s and possibly 70s, but it does mean that the amount to be repaid each month is lower.

Asking your mortgage broker to look for deals with lenders that would suit your needs when buying a house or flat in Didsbury. They may be able to acquire a mortgage deal for you that might be longer term but may also allow for overpayments should your financial situation improve in the future. Regular or occasional overpayments should allow you to reduce the term of your mortgage.

There's no doubt that Didsbury is a desirable area to live, and if you're thinking about buying in this area, check out the options available to you. The average property price in the area has been steadily rising in recent years so  buying here could be a good future investment.





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John Simpson