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.

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.

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."

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.

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.

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!

Best Mortgage Deals (Manchester)

So what are the best mortgage deals currently available in the UK? Many people use the advice on Money Saving Expert and their advice can be found at https://www.moneysavingexpert.com/mortgages/best-buys/, but this is a countrywide assessment. Area specific deals exist, often supplied by micro lenders who have an in depth knowledge about certain geographical locations, one such area is Wythenshawe, but Greater Manchester is a property hotspot and local experts and brokers Manchester Mortgages (go to http://manchestermortgages.co.uk/ are able to provide excellent mortgage advice that will beat any offer from a large lender such as the Halifax or Virgin Money.

So whilst Money Saving Expert will provide decent UK wide advice, my recommendation is to also use a local mortgage provider / broker if you know the specific area you wish to live in. Using Manchester as an example (as it's where I live) I know that there are parts of Manchester where a lot of houses are being sold - such areas are Wythenshawe, Bury and the Wigan area. Now, the big UK web sites will give you a best rate of 2.39% fixed for the first 5 years of a 25 year term, but a Manchester mortgage broker was able to find me 2.19% fixed for 3 years with only a 12.5% deposit required. If I had a mortgage deal already, this deposit fell to 10%.

It's worth doing the extra maths and using a local or whole of market mortgage broker, especially in Manchester as the savings can be huge.