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.

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.

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.

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.

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.

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.

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!

Struggling to get a mortgage?

If you are finding it difficult to get a mortgage, you can either struggle a lot or a little. Most of us would prefer the least amount of effort and tips available on http://www.moneysavingexpert.com/mortgages/boost-mortgage-chances provide some good advice on active steps you can take if you are finding it difficult to get a mortgage.

But, and there is a big but, there are other avenues open to you that sites like Money Saving Expert would prefer not to tell you about. These sites are mortgage brokers and advisors who are independent or 'whole of market' as the latest ludicrous phrase from the FCA comes into use.

Using this blog post as a case study, it can be easily demonstrated that independent mortgage brokers are far better placed to find suitable and competitive mortgages for all types of home buyer. Wythenshawe - part of Greater Manchester that includes the airport is an area of huge economic growth and has a very active housing market. If you were to approach a bank or building society to lend you the money to buy a property you would be letting yourself in for paying higher rates and getting a much worse deal than you would if you were to use one of the independent brokers.

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.

Does a poor credit rating prevent a mortgage ?

A common question mortgage advisers get asked is about credit scores and if a bad credit rating can prevent getting a mortgage to buy a house. Here's a typical question:

"I'm interested in seeing if I can obtain a mortgage but am worried my credit rating may be a problem.

Please could I make arrangements to speak to someone in this regard."

So in this enquiry the person obviously has some problem with some form of debt. Perhaps they are young and have to repay their student debt, or perhaps during the boom years of the noughties they overstretched themselves financially and to bridge the gap took out loans on 0% credit cards which they are now struggling to repay.

The subject of debt is of course huge, with many UK workers now on the minimum wage and zero hours contracts, what hope is there for buying a house for people in this position? The reaction has been that many people are now forced to rent houses because they can't afford the deposit to buy a house. The hour prices on the property market are also inflated as many people have chosen to invest in bricks and mortar rather than trust their money on the stock market. This has created a house price bubble as too many people, a second house is their investment and was bought when house prices were high. This keeps house prices (unrealistically) high as no one wants to loose money on their investment.

So, buying a house in todays Britain is tricky. It's tricky is you're in full time employment and have a good credit history. It's even more difficult if your circumstances aren't ideal and you think your credit rating may be a problem. Fortunately there is good news: mortgage advisers like Manchester Mortgages (http://manchestermortgages.co.uk/) are experts at finding mortgages for people with poor credit ratings. Most high street lenders will not consider many people with poor credit histories for a mortgage: this is a mistake. It's a mistake because people are increasingly running short of money and are having to work harder to make ends meet. This produces the follow-on effect that fewer people will be eligible for high street mortgages, this presents a huge opportunity for the likes of Manchester Mortgages and similar companies.

The difference an independent mortgage lender can make is huge, and in my opinion the days of the high street mortgage business model are over: these services are old and out-dated. An independent mortgage adviser will look at hundreds of mortgages from a huge number of different lenders and will also speak to them personally, describing people's credit situations (see the page specific to bad credit mortgages at http://manchestermortgages.co.uk/poor-credit-mortgages/) in detail and filling in a mortgage application with the correct information to ensure that a mortgage offer is given rather than rejected.

So in summary then, having a poor credit rating will certainly cause difficulty in getting a mortgage, and the best way of getting around the problem is to use an independent broker as described above.