Category: rates

Be ready for some fairly detailed questions when submitting an application!

The remortgage market is awash with lenders actively looking to attract new customers. Whether you want to fix your monthly payments for a period of time, or you fancy a low rate tracker mortgage, or maybe both – a tracker rate with the option to fix later on, there are plenty of great products currently available.  Many […]

Lending to those over 70yrs old is not a new thing for AToM!

Rates continue to tumble as the cost of funds remains low and lenders fight to attract your custom. During the last seven days, we have witnessed Halifax reduce some rates by up to 0.30% and Coventry Building Society reduce some of theirs by 0.20%.  Other lenders have reviewed their criteria.  For example, Kensington Mortgages will […]

Helping First Time Buyers and Contract Workers

Great to see lenders are seriously looking to assist first time buyers positively.  One example is the Saffron Building Society, who have launched a five year fixed rate under 4%, with only a £495 lender arrangement fee.  Available with just a 5% deposit, this is an attractive product to those looking to get their first […]

Big month for Divorces and many rates have dropped..

Happy New Year!  I hope it is a successful and enjoyable one for you all. Over the Christmas period, we have seen a number of rates drop as lenders seek to attract new business. One example is from the nice people at Virgin Money who have reduced rates on their first time buyer products to […]

Can Lenders handle an increase in business in 2015?

Many mortgage market pundits are now trying to predict what will happen in 2015 and the overall volume of the mortgage market.  Pre credit crunch figures amounted to gross mortgage lending of £363bn (2007).  In 2013, it was circa £176bn.  This year, it is estimated to be in the region of £200bn and many, including […]