Gorton...

Historically it's not one of the nicest parts of inner city Manchester. I've never lived there but for 5 years or so I used to work at ICL Gorton. 'ICL' stood for International Computers Limited and was formed in 1968 by the English Socialist Tony Benn. In this photo, the former ICL building is the only thing standing.

Anyway, so what is Gorton like? See here: https://www.reddit.com/r/manchester/comments/61rjby/whats_gorton_like/

There's been a lot of regeneration work gone into Gorton over the last few years and Manchester is trying hard to drive some investment into the area to make it a nicer place to live.

If you do a search on house buying sites such as Zoopla (try this: https://www.zoopla.co.uk/new-homes/property/gorton/) then you'll notice that many of the houses are new builds with attractive terms for people wishing to buy and arrange a mortgage. Prices start from £199,000 and climb a little higher. You're very unlikely to find a 'des res' in Gorton, the area attracts the low paid and the unpaid but it's something that Manchester is working hard to change.

A colleague of mine recently bought a house in Bury, Greater Manchester. He was a first time buyer and went for something that was affordable - a simple 2 up / 2 down terrace on the way out to Tottington.

As he was self employed he found that getting approved for a mortgage was not the most straightforward thing he'd ever done. He didn't have any employers pay slips for example but he was able to demonstrate a regular payments into his account that would adequately cover his mortgage outgoing.

The problem was that these payments were never for a standard amount. This meant that banks were not interested in lending him money. The broker / adviser he used to get him his mortgage was Manchester Mortgages (you can view their Bury page here - https://manchestermortgages.co.uk/bury-mortgage-broker-advisor/)

These brokers come with a wealth of experience and have been working in the mortgage business between them for over 40 years. Their advice is second to none. Manchester Mortgages are often able to get you approved for a mortgage where other companies have failed. Call them now on 0161 706 0242.

Continuing on with our look at affordable houses to buy in the Manchester areas of Flixton, Davyhulme and Urmston, in this post we look at a housing development currently being built in Urmston.

Urmston, Flixton and Davyhulme are adjoining parts of Greater Manchester that are popular residential areas where many people who work close to Manchester city centre have home. The whole area of Urmston, Flixton and Davyhulme have a web presence in the form of the Urmston.net web site.

One popular new housing development is Laurus Homes' Spinning Gate development, which overlooks Kingsway Park in Davyhulme.

The development consists of a mixture or 1 or 2 bedroomed apartments for people looking to either shared ownership or rent to buy opportunities. The postcode of Spinning Gate is M41 0SU which puts is close to the Nag's Head pub and the George Carnell sports centre.

While no prices have yet been announced for the properties, guide prices suggest that single bedroom flats will be between £150,000 and £200,000 whilst two bedroom flats will cost between £180,000 and £230,000. Watch this space for developments.

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.

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.

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.

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.

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."

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.”

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.”

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/]

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.

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.

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.

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'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!

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.

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.

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.

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.

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.