The Mortgage Warehouse

The Mortgage Warehouse A mortgage and general insurance advisory service

Budget: Stamp duty threshold increased for first-time buyers and homemovers
23/09/2022

Budget: Stamp duty threshold increased for first-time buyers and homemovers

New chancellor Kwasi Kwarteng has confirmed that the government is increasing the stamp duty threshold from £125,000 to £250,000 and from £300,000 to £425,000 for first-time buyers.

Lets see how this plans out!Property tax cut announcement rumoured for Friday | Mortgage Strategy https://bit.ly/3S4dgCE
21/09/2022

Lets see how this plans out!

Property tax cut announcement rumoured for Friday | Mortgage Strategy https://bit.ly/3S4dgCE

Some interesting news!Accord lifts LTI to 5.5 times income | Mortgage Strategy
22/08/2022

Some interesting news!

Accord lifts LTI to 5.5 times income | Mortgage Strategy

Accord Mortgages has increased its loan-to-income (LTI) ratio to 5.5 for certain borrowers. Those with a household income of £70,000 or more will be able to choose from a new ‘Boost LTI’ range, which includes products at up to 85% LTV for new builds and 90% LTV otherwise, for both purchase and ...

Drop us a call to discuss your options 08000246983Will the BoE hike rates to 4% by the end of the year? | Mortgage Strat...
18/08/2022

Drop us a call to discuss your options 08000246983

Will the BoE hike rates to 4% by the end of the year? | Mortgage Strategy

The Bank of England (BoE) could hike interest rates to 3% or 4% by the end of this year, some have predicted. Speaking on BBC Radio 4, former MPC member Andrew Sentance says the BoE is falling behind and it might need to hike rates between 3% and 4% by the end of the year. As the cost of living cris...

Call us on 08000246983 to discuss your options!Bank of England increases interest rates by 0.5% to 1.75%
04/08/2022

Call us on 08000246983 to discuss your options!

Bank of England increases interest rates by 0.5% to 1.75%

The Bank of England's Monetary Policy Committee has voted 8-1 to increase Bank Rate by 0.5% to 1.75% - the biggest rise in interest rates in 27 years.

Nationwide to lend up to 5.5 times loan to income | Mortgage Strategy
03/08/2022

Nationwide to lend up to 5.5 times loan to income | Mortgage Strategy

Nationwide Building Society has announced it will allow homeowners making a mortgage application for a house purchase to borrow up to 5.5 times their income as long as the total eligible income is more than £100,000. The option will be available when taking a two, five or ten-year fixed or two-year...

BoE expects 40% of mortgages to rise in next 12 months | Mortgage Strategy
12/07/2022

BoE expects 40% of mortgages to rise in next 12 months | Mortgage Strategy

The Bank of England (BoE) has estimated that around 40% of all mortgages will increase in the next 12 months. Speaking in a Treasury Committee meeting on Monday, the BoE executive director for financial stability strategy and risk Sarah Breeden said 20% of mortgages are “floating” meaning “the...

Fixed rate mortgages rising at record pace: Moneyfacts
11/07/2022

Fixed rate mortgages rising at record pace: Moneyfacts

As providers continue to revise and re-price their product ranges, the average overall two and five-year mortgage rates have increased sharply this month, according to the latest Moneyfacts data.

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