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A minor credit 'blip' can ruin your mortgage plans....
Would be homeowners are being locked out of the mainstream mortgage market over minor credit blips, in some cases over just a few hundred...
Paul Hoskin
Aug 1, 20231 min read
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U.K inflation finally drops below 8%....
The U.K Consumer Price Index measure of inflation has dropped to 7.9% YoY. The figure is down from 8.7% in the year to May. Core...
Paul Hoskin
Jul 19, 20231 min read
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Rightmove's report shows the average house price -£905 lower in July, but demand is still high.
According to recent data from Rightmove, U.K house prices fell slightly in July. The property website revealed a -0.2% drop in prices,...
Paul Hoskin
Jul 17, 20231 min read
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Will Artificial Intelligence take over the world??
The below is an example of content created purely by A.I model, ChatGPT. It was produced by typing in the following brief: "write a brief...
Paul Hoskin
Jul 14, 20233 min read
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Demand for long-term fixed mortgage rates is low.. will 20-30 year fixed products ever be a thing??
Customer demand for U.K long-term fixed rates is currently low. This is partially due to price and desire for flexibility, lenders have...
Paul Hoskin
Jul 13, 20232 min read
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Hot U.K earnings data point to more bank rate hikes....
The ONS confirmed that growth in regular pay, which excludes bonuses, stood at 7.3% between March and May '23. That’s level with the...
Paul Hoskin
Jul 12, 20231 min read
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The huge difference between a simple mortgage valuation, and a RICS Home Buyers report.
It always amazes me how many people will complete the largest purchase of their life, without having it professionally inspected. A...
Paul Hoskin
Jul 11, 20231 min read
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Rising U.K costs are forcing some holders to cancel their insurance policies.
As the U.K's cost of living crisis continues and mortgage payments soar, some holders are cancelling their life insurance and protection...
Paul Hoskin
Jul 10, 20231 min read
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Are you protected against longer mortgage terms...
In a survey conducted by Opinium for Hargreaves Lansdowne in May 2023, 17% of the 2000 people who were asked said that they anticipated...
Paul Hoskin
Jun 28, 20231 min read
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U.K Chancellor agrees new support measures for mortgage holders. The main details are...
The Chancellor Jeremy Hunt has met the UK's principal mortgage lenders and the Financial Conduct Authority (FCA). The aim was to agree...
Paul Hoskin
Jun 27, 20232 min read
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Positive feedback from a recent mortgage client....
It's always nice to know you did a good job. Here is some feedback from a client who needed help in securing a new product this week....
Paul Hoskin
Jun 22, 20231 min read
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1st time buyers encouraged by falling prices, and low deposits.
Mortgage rate volatility has done little to dampen the spirits of first-time buyers. As many as 40% remain optimistic about...
Paul Hoskin
Jun 20, 20231 min read
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The Liberal Democrats call on Sunak for an emergency mortgage summit.
The Liberal Democrats are urging Prime Minister Rishi Sunak to organise an emergency summit with banks and mortgage lenders at Downing...
Paul Hoskin
Jun 15, 20231 min read
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Santander are back, but with increased rates!!
The high street lender has today released a new range of fixed and tracker rates for residential and buy-to-let clients. On the product...
Paul Hoskin
Jun 14, 20231 min read
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Rising inflation & the cost of living is impacting credit scores, making mortgages harder to secure.
According to the latest research from specialist lender Together, the surging cost of living and inflationary pressures are causing a...
Paul Hoskin
Jun 13, 20231 min read
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Great news for first time buyers....
Nationwide will resume lending against flats at 95 per cent loan to value (LTV). It had previously restricted the loan levels for this...
Paul Hoskin
Jun 12, 20231 min read
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Could a longer mortgage term be the answer ?
Many borrowers have little alternative but to opt for longer mortgage terms. This can greatly help to pass affordability checks, but this...
Paul Hoskin
Jun 9, 20231 min read
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What are 'Swaps', and why are they affecting your mortgage rate ??
Put very simply, when the price of £ swaps increase, it's highly likely the rate of mortgages will follow as well. A swap rate represents...
Paul Hoskin
Jun 8, 20231 min read
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What fixed term are you picking? 2, 3, 5 or 10 year......
Searches for two-year fixed mortgages accounted for around 43% of product searches on the Twenty7Tec platform in May, making it the most...
Paul Hoskin
Jun 2, 20231 min read
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Inflation falls to single digits, but it's still not enough.
The Consumer Prices Index (CPI) measure of inflation has fallen back from 10.1% to 8.7% in April. This is the first time in eight months...
Paul Hoskin
May 24, 20231 min read
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