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New Post has been published on http://yaroreviews.info/2023/06/mortgage-costs-right-now-are-terrifying
'Mortgage costs right now are terrifying'
Ian Thackray
By Jemma Dempsey
BBC News
Searching for a new mortgage is time consuming when you have a demanding job, a new baby to care for and a Victorian home to renovate.
“Last time we looked properly, [the repayment] had pretty much doubled to £850 or £900 a month,” says Ian Thackray. “It’s terrifying quite honestly.”
Ian’s five-year fixed rate deal expires at the end of the year and the blacksmith and his partner, who is currently on maternity leave, find themselves, like so many others, in a “very difficult” situation.
They have been paying £450 a month for their terraced home in Blandford Forum, Dorset.
From August, when his partner returns to work, they need to factor in a monthly childcare bill of £600, and with Ian being self-employed, his wages fluctuate.
“There have been times on my way home from work when I’ve looked at the ads for Aldi, Lidl and Tesco and at £14 an hour, it’s really tempting. If I have to give up being a blacksmith, then I will,” the 39-year-old says.
The craftsman is not alone. Many are facing similar financial dilemmas as they contemplate rising mortgage costs.
The Bank of England has been steadily raising interest rates for the last year and a half, as it tries to tackle soaring prices.
After figures last week showed inflation not coming down as quickly as expected, many now predict the central bank will continue to raise rates from their current level of 4.5% to as high as 5.5%.
That in turn had an immediate impact on the mortgage market. Lenders began raising their rates. According to financial data firm Moneyfacts, the average two-year fixed-rate mortgage is now 5.49% and the average five-year fixed is currently 5.17%.
And within a week hundreds of mortgage deals were removed from the market as lenders reassessed their offers.
Mortgage rates rise after inflation surprise
Nearly 800 mortgage deals pulled amid rates fears
How the interest rate rise affects you
“Carnage” is how Craig Fish from Lodestone brokers in London described the situation.
“I’m currently on hold to NatWest – 30 minutes and counting – to discuss a possible new mortgage as they have just announced they are withdrawing rates at 10.30pm tonight. Do the lenders think the future is this uncertain?” he said earlier this week.
Jo Wilder
Jo Wilder, 28, works for Cardiff Council and pays £700 a month for a studio apartment she has been renting for the past 18 months. She now wants to buy her own home – a process that is taking longer than she hopes, as she watches rates rise.
Despite having a healthy 20% deposit and a mortgage in principle, she says there are “not really any properties on the market”.
Repayments on a three-year fixed-rate deal at 4.5% would be between £500 and £600 but she is worried about interest rates going up.
“It’s not ideal. I’m just going to have to wait it out and hope rates come down. It really is very stressful,” she says.
Jo had hoped getting her own place would mean a drop in monthly outgoings but with rising food prices she no longer thinks that will be the case.
“It is disheartening,” she adds. “The way things are going I think it is actually going to be the same price, which is pretty daunting to be honest.”
‘A nightmare’
In Bedfordshire, Anthony Jones and his wife have a 14-month-old daughter – they want to upsize and have been trying to sell since last August.
The couple’s five-year fixed deal has ended and they are now on a tracker mortgage, leaving them £200 worse off a month, at a little over £1,200.
“It’s a bit of a nightmare,” says Anthony. “We’re looking at upsizing and all of a sudden are having to question the affordability of it.”
The 33-year-old says when they first put their house on the market there had been “a lot of interest initially, then all of a sudden we had people saying ‘our mortgage offer has been pulled’ and ‘we can’t afford it anymore’.”
The couple have reduced the asking price from £300,000 to £275,000, but say they cannot accept less because otherwise they will not have the deposit for their second home.
“Our daughter has grown so quickly, we need a garden and bigger bedrooms and more storage. The lack of space is even causing arguments between me and my partner,” says Anthony.
What happens if I miss a mortgage payment?
A shortfall equivalent to two or more months’ repayments means you are officially in arrears
Your lender must then treat you fairly by considering any requests about changing how you pay, perhaps with lower repayments for a short period
Any arrangement you come to will be reflected on your credit file – affecting your ability to borrow money in the future
Read more here
The upheaval for people going through the application process comes as Bank of England figures this week showed a decline in the number of mortgages being approved.
The number of net mortgage approvals for house purchases fell to 48,700 in April from 51,500 in March.
Mortgage broker London & Country is now seeing a trend for people fixing for one or two years, rather than the previous most popular five-year term, on the basis that interest rates will have fallen by the time they come to look for their next deal.
Spokesman David Hollingworth says people who are refinancing should start searching for a new product six months before the end of their current deal.
Some may want to consider taking out new mortgages over a longer term – something a lot of first-time buyers do to “give themselves breathing space”, he says.
If it is a struggle to meet payments on an existing mortgage there is also the option of extending the term, but Mr Hollingworth says this is “not a move to be taken lightly because it will significantly increase the overall interest bill, by tens of thousands of pounds”.
Related Topics
Inflation
Mortgages
More on this story
How the interest rate rise affects you
24 May
Nearly 800 mortgage deals pulled amid rates fears
4 days ago
Mortgage rates rise after inflation surprise
26 May
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Independent Mortgage Advice
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This is the most in demand location for city dwellers looking to relocate to the country
Lockdown has transformed homeowners priorities with many planning to ditch the city and considering moving to Cornwall and other rural destinations.
Related: Kirstie Allsopp reveals her prediction for the next property hotspot
Research by online mortgage broker Trussle found that one in four people are considering relocating during the next two years. It was Cornwall that snapped up the top spot as the most in demand place to relocate to.
After questioning 2,000 UK adults, Trussle found that it was those living in cities such as London, Birmingham, and Manchester, who were more likely to want to move.
Image credit: Polly Eltes
Thanks to four months of being cooped up at home during lockdown, locations with plenty of green space in the countryside and by the coast have crept up in popularity. Plus with many adults now working from home, commuting distance has dropped as a priority for many homeowners. Making an escape to the country more feasible.
The coastal regions of Cornwall and Devon where named the top two most popular places to relocate to in the UK. Followed by the rolling green hills of Yorkshire in third place, and the dramatic landscape of the Lake District in fourth.
Image credit: Polly Eltes
London did still manage to creep in at number five. There is no denying the lure of the capital as shops and restaurants begin to reopen.
Most popular places to relocate to in the UK
1. Cornwall 2. Devon 3. Yorkshire 4. Lake District 5. London 6. Dorset 7. Scotland 8. Peak District 9. Wales 10. Norfolk
‘It comes as no surprise that homeowners and would-be buyers are looking for a different way of life after lockdown,’ says Miles Robinson, head of mortgages at Trussle. ‘Our research shows that nearly a quarter of adults are hoping to relocate in the next couple of years, and estate agents have seen a big increase in enquiries about out of city locations during the last few weeks.’
Image credit: Polly Eltes
‘Many will be considering a move away from the big cities to get more for their money,’ he adds. ‘The lockdown has resulted in a noticeable shift to the desire for a more rural living – especially as remote working becomes the norm for many.’
Related: Have a wander through this 400-year-old thatched cottage in the Cornwall countryside
Have you been tempted to relocate to the seaside?
The post This is the most in demand location for city dwellers looking to relocate to the country appeared first on Ideal Home.
from Ideal Home https://ift.tt/2ZBx87i
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Why this ordinary bloke’s mortgage petition is so important | Opinion
This week we shared a story on our site from our colleagues in Plymouth about a man who’d set up a very simple petition that has gone on to get nearly 150,000 signatures.
It was important for us to share this story, because I can see it hitting home with so many people.
I, along with my wife, am one of them.
It’s not often in this job that a story does something for you on a personal level – and that’s not to sound cold, what I mean is a story that you can truly relate to as a person and not as a journalist.
Our man in Plymouth, Jamie Pogson, managed that. His story is a simple one – he describes himself as a normal bloke and he was genuinely surprised with the reaction that his petition got.
What he proposes is straightforward – if you can prove that you’ve managed to pay a certain level of rent for years then that should be enough to prove you can pay mortgage repayments of a similar level.
Sounds sensible enough.
Read More
And this very thing was something that I said to myself and my other half many times this summer.
We came to Cornwall nearly two years ago now. Several factors were a part of the decision.
The missus had been made redundant a few weeks before we got married, so change was afoot in any event.
We then happened to spend our mini-honeymoon in Whitsand Bay, which is a wonderful – and truly underrated – part of Cornwall.
Whitsand Bay – a catalyst for our move to Cornwall
We got back to Poole, Dorset, and felt a need for change. Then we looked at the property prices in Cornwall and that pretty much sealed the deal.
Priced out in Dorset, we could afford it down here – it also just so happened to be one of the few places we’d leave Dorset for, the reasons being pretty obvious.
And so it all worked out and we arrived less than two months later, renting at first of course, but with the aim to buy.
That’s something we managed to complete just last month. But boy was it difficult.
I won’t beat about the bush here – in Poole we were paying rent of £950 a month. Pretty much the going rate for a two-bed flat up there.
Here, in the lovely village of Gorran Haven, we were down to £700 a month, which was nice.
Gorran Haven – not a bad place to have your first house in Cornwall, even if it is rented
Our mortgage payments now are £530 a month. I always knew we could afford it. Quite easily, to be honest, but convincing a bank of that isn’t easy, which is why Jamie’s petition makes so much sense.
Of course it’s never going to be as easy as saying “I’ve paid £700 a month rent for 18 months, so this £530 lark is easy”.
You’re still going to have to prove your incomings and outgoings. Fine. But what you’ve paid previously in rent isn’t a factor in mortgage decisions, it seems, which is pretty bonkers.
Earlier this year we had an agreement in principle for a mortgage with one major high street bank, but, when it came to it, they baulked at the fact that the wife had only been self-employed for a few months, despite the fact that she was earning more than she had been in a minimum wage stopgap job and had various ways of proving it.
That was probably one point where I exclaimed: “We’re paying £700 a month in rent no problem, we used to pay quite a bit more, why won’t they let us do this?”
Read More
It looked, at that point, that we’d miss out on being homeowners, for a few more years at least, because of the inflexibility of the lenders.
Let’s not forget that they had before them two working people, with no dependants (except for two cats), who had never missed a payment on anything in their lives.
We did credit checks. We were both perfect. But we were at a brick wall.
In the end, with the help of the brilliant people at South West Mortgages just outside of Truro, we got there.
It wasn’t ideal – it had to be done in my name alone – but we bought the house we wanted, eventually.
But the number of hurdles we had to jump over was incredible, to be honest. It’s not something I intend to repeat for many a year, if ever.
So that’s why Jamie’s petition is so important.
If it can help bring about any sort of change that means that hard-working people don’t find themselves banging their heads against a brick wall when trying to get on the housing ladder because of a ‘computer says no’ mentality, that will be a great thing.
Go to Source
The post Why this ordinary bloke’s <b>mortgage</b> petition is so important | Opinion appeared first on Trusted Mortgage Brokers - Find A Local Mortgage Adviser Today.
from Trusted Mortgage Brokers – Find A Local Mortgage Adviser Today https://www.trustedmortgagebrokers.co.uk/why-this-ordinary-blokes-mortgage-petition-is-so-important-opinion/
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Why this ordinary blokes mortgage petition is so important | Opinion
This week we shared a story on our site from our colleagues in Plymouth about a man who’d set up a very simple petition that has gone on to get nearly 150,000 signatures.
It was important for us to share this story, because I can see it hitting home with so many people.
I, along with my wife, am one of them.
It’s not often in this job that a story does something for you on a personal level – and that’s not to sound cold, what I mean is a story that you can truly relate to as a person and not as a journalist.
Our man in Plymouth, Jamie Pogson, managed that. His story is a simple one – he describes himself as a normal bloke and he was genuinely surprised with the reaction that his petition got.
What he proposes is straightforward – if you can prove that you’ve managed to pay a certain level of rent for years then that should be enough to prove you can pay mortgage repayments of a similar level.
Sounds sensible enough.
Read More
And this very thing was something that I said to myself and my other half many times this summer.
We came to Cornwall nearly two years ago now. Several factors were a part of the decision.
The missus had been made redundant a few weeks before we got married, so change was afoot in any event.
We then happened to spend our mini-honeymoon in Whitsand Bay, which is a wonderful – and truly underrated – part of Cornwall.
Whitsand Bay – a catalyst for our move to Cornwall
We got back to Poole, Dorset, and felt a need for change. Then we looked at the property prices in Cornwall and that pretty much sealed the deal.
Priced out in Dorset, we could afford it down here – it also just so happened to be one of the few places we’d leave Dorset for, the reasons being pretty obvious.
And so it all worked out and we arrived less than two months later, renting at first of course, but with the aim to buy.
That’s something we managed to complete just last month. But boy was it difficult.
I won’t beat about the bush here – in Poole we were paying rent of £950 a month. Pretty much the going rate for a two-bed flat up there.
Here, in the lovely village of Gorran Haven, we were down to £700 a month, which was nice.
Gorran Haven – not a bad place to have your first house in Cornwall, even if it is rented
Our mortgage payments now are £530 a month. I always knew we could afford it. Quite easily, to be honest, but convincing a bank of that isn’t easy, which is why Jamie’s petition makes so much sense.
Of course it’s never going to be as easy as saying “I’ve paid £700 a month rent for 18 months, so this £530 lark is easy”.
You’re still going to have to prove your incomings and outgoings. Fine. But what you’ve paid previously in rent isn’t a factor in mortgage decisions, it seems, which is pretty bonkers.
Earlier this year we had an agreement in principle for a mortgage with one major high street bank, but, when it came to it, they baulked at the fact that the wife had only been self-employed for a few months, despite the fact that she was earning more than she had been in a minimum wage stopgap job and had various ways of proving it.
That was probably one point where I exclaimed: “We’re paying £700 a month in rent no problem, we used to pay quite a bit more, why won’t they let us do this?”
Read More
It looked, at that point, that we’d miss out on being homeowners, for a few more years at least, because of the inflexibility of the lenders.
Let’s not forget that they had before them two working people, with no dependants (except for two cats), who had never missed a payment on anything in their lives.
We did credit checks. We were both perfect. But we were at a brick wall.
In the end, with the help of the brilliant people at South West Mortgages just outside of Truro, we got there.
It wasn’t ideal – it had to be done in my name alone – but we bought the house we wanted, eventually.
But the number of hurdles we had to jump over was incredible, to be honest. It’s not something I intend to repeat for many a year, if ever.
So that’s why Jamie’s petition is so important.
If it can help bring about any sort of change that means that hard-working people don’t find themselves banging their heads against a brick wall when trying to get on the housing ladder because of a ‘computer says no’ mentality, that will be a great thing.
Go to Source
The post Why this ordinary bloke’s <b>mortgage</b> petition is so important | Opinion appeared first on Trusted Mortgage Brokers - Find A Local Mortgage Adviser Today.
from https://www.trustedmortgagebrokers.co.uk/why-this-ordinary-blokes-mortgage-petition-is-so-important-opinion/
from Trusted Mortgages Brokers - Blog http://trustedmortgagebrokers.weebly.com/blog/why-this-ordinary-blokes-mortgage-petition-is-so-important-opinion
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Commons rejects Lords amendment to guarantee EU citizens' rights Brendan Cole Article 50 Bill UK Parliament More MPs have rejected two amendments sent back down to them from the upper house over the Brexit bill. The first amendment by peers sought to guarantee EU nationals' rights in the UK and was voted down by 335 to 287 - a majority of 48. Trending: Theresa May to wait until '11th hour' to trigger Article 50 The second amendment on whether parliament could hold a "meaningful" vote on the final Brexit deal was also rejected, this time by a majority of 45, by 331 to 286. Brexit secretary David Davis said that despite MPs overturning the peers' amendments, he insisted he wanted EU citizens in the UK to keep their rights. Don't miss: Has President Donald Trump become scared of using Twitter? "The government has been very clear of what it intends it intends to guarantee the rights of both British and European citizens." How did your MP vote on the Lords amendment to guarantee the rights of EU citizens in the UK? Here are the 331 MPs who rejected the amendment. (Scroll down for the 286 who backed it) Nigel Adams (Conservative - Selby and Ainsty) Peter Aldous (Conservative - Waveney) Sir David Amess (Conservative - Southend West) Stuart Andrew (Conservative - Pudsey) Victoria Atkins (Conservative - Louth and Horncastle) Mr Richard Bacon (Conservative - South Norfolk) Mr Steve Baker (Conservative - Wycombe) Harriett Baldwin (Conservative - West Worcestershire) Stephen Barclay (Conservative - North East Cambridgeshire) Mr John Baron (Conservative - Basildon and Billericay) Gavin Barwell (Conservative - Croydon Central) Guto Bebb (Conservative - Aberconwy) Sir Henry Bellingham (Conservative - North West Norfolk) Richard Benyon (Conservative - Newbury) Sir Paul Beresford (Conservative - Mole Valley) Jake Berry (Conservative - Rossendale and Darwen) James Berry (Conservative - Kingston and Surbiton) Andrew Bingham (Conservative - High Peak) Bob Blackman (Conservative - Harrow East) Nicola Blackwood (Conservative - Oxford West and Abingdon) Crispin Blunt (Conservative - Reigate) Nick Boles (Conservative - Grantham and Stamford) Mr Peter Bone (Conservative - Wellingborough) Victoria Borwick (Conservative - Kensington) Sir Peter Bottomley (Conservative - Worthing West) Karen Bradley (Conservative - Staffordshire Moorlands) Mr Graham Brady (Conservative - Altrincham and Sale West) Sir Julian Brazier (Conservative - Canterbury) Andrew Bridgen (Conservative - North West Leicestershire) Steve Brine (Conservative - Winchester) James Brokenshire (Conservative - Old Bexley and Sidcup) Fiona Bruce (Conservative - Congleton) Robert Buckland (Conservative - South Swindon) Conor Burns (Conservative - Bournemouth West) Sir Simon Burns (Conservative - Chelmsford) Mr David Burrowes (Conservative - Enfield, Southgate) Alistair Burt (Conservative - North East Bedfordshire) Alun Cairns (Conservative - Vale of Glamorgan) Mr Gregory Campbell (Democratic Unionist Party - East Londonderry) Neil Carmichael (Conservative - Stroud) Mr Douglas Carswell (UK Independence Party - Clacton) James Cartlidge (Conservative - South Suffolk) Sir William Cash (Conservative - Stone) Maria Caulfield (Conservative - Lewes) Rehman Chishti (Conservative - Gillingham and Rainham) Mr Christopher Chope (Conservative - Christchurch) Jo Churchill (Conservative - Bury St Edmunds) Greg Clark (Conservative - Tunbridge Wells) James Cleverly (Conservative - Braintree) Geoffrey Clifton-Brown (Conservative - The Cotswolds) Dr Therese Coffey (Conservative - Suffolk Coastal) Damian Collins (Conservative - Folkestone and Hythe) Oliver Colvile (Conservative - Plymouth, Sutton and Devonport) Alberto Costa (Conservative - South Leicestershire) Robert Courts (Conservative - Witney) Mr Geoffrey Cox (Conservative - Torridge and West Devon) Stephen Crabb (Conservative - Preseli Pembrokeshire) Tracey Crouch (Conservative - Chatham and Aylesford) Simon Danczuk (Independent - Rochdale) Chris Davies (Conservative - Brecon and Radnorshire) David T. C. Davies (Conservative - Monmouth) Dr James Davies (Conservative - Vale of Clwyd) Glyn Davies (Conservative - Montgomeryshire) Mr David Davis (Conservative - Haltemprice and Howden) Caroline Dinenage (Conservative - Gosport) Mr Jonathan Djanogly (Conservative - Huntingdon) Mr Nigel Dodds (Democratic Unionist Party - Belfast North) Sir Jeffrey M. Donaldson (Democratic Unionist Party - Lagan Valley) Michelle Donelan (Conservative - Chippenham) Nadine Dorries (Conservative - Mid Bedfordshire) Steve Double (Conservative - St Austell and Newquay) Oliver Dowden (Conservative - Hertsmere) Richard Drax (Conservative - South Dorset) Mrs Flick Drummond (Conservative - Portsmouth South) James Duddridge (Conservative - Rochford and Southend East) Mr Iain Duncan Smith (Conservative - Chingford and Woodford Green) Sir Alan Duncan (Conservative - Rutland and Melton) Mr Philip Dunne (Conservative - Ludlow) Michael Ellis (Conservative - Northampton North) Jane Ellison (Conservative - Battersea) Mr Tobias Ellwood (Conservative - Bournemouth East) Charlie Elphicke (Conservative - Dover) George Eustice (Conservative - Camborne and Redruth) Graham Evans (Conservative - Weaver Vale) Mr Nigel Evans (Conservative - Ribble Valley) David Evennett (Conservative - Bexleyheath and Crayford) Michael Fabricant (Conservative - Lichfield) Sir Michael Fallon (Conservative - Sevenoaks) Suella Fernandes (Conservative - Fareham) Mark Field (Conservative - Cities of London and Westminster) Kevin Foster (Conservative - Torbay) Dr Liam Fox (Conservative - North Somerset) Mr Mark Francois (Conservative - Rayleigh and Wickford) Lucy Frazer (Conservative - South East Cambridgeshire) George Freeman (Conservative - Mid Norfolk) Mike Freer (Conservative - Finchley and Golders Green) Richard Fuller (Conservative - Bedford) Mark Garnier (Conservative - Wyre Forest) Sir Edward Garnier (Conservative - Harborough) Mr David Gauke (Conservative - South West Hertfordshire) Nusrat Ghani (Conservative - Wealden) Nick Gibb (Conservative - Bognor Regis and Littlehampton) Mrs Cheryl Gillan (Conservative - Chesham and Amersham) John Glen (Conservative - Salisbury) Mr Robert Goodwill (Conservative - Scarborough and Whitby) Michael Gove (Conservative - Surrey Heath) Richard Graham (Conservative - Gloucester) Mrs Helen Grant (Conservative - Maidstone and The Weald) James Gray (Conservative - North Wiltshire) Chris Grayling (Conservative - Epsom and Ewell) Chris Green (Conservative - Bolton West) Damian Green (Conservative - Ashford) Mr Dominic Grieve (Conservative - Beaconsfield) Andrew Griffiths (Conservative - Burton) Mr Sam Gyimah (Conservative - East Surrey) Robert Halfon (Conservative - Harlow) Luke Hall (Conservative - Thornbury and Yate) Mr Philip Hammond (Conservative - Runnymede and Weybridge) Stephen Hammond (Conservative - Wimbledon) Matt Hancock (Conservative - West Suffolk) Greg Hands (Conservative - Chelsea and Fulham) Mr Mark Harper (Conservative - Forest of Dean) Richard Harrington (Conservative - Watford) Rebecca Harris (Conservative - Castle Point) Trudy Harrison (Conservative - Copeland) Simon Hart (Conservative - Carmarthen West and South Pembrokeshire) Sir Alan Haselhurst (Conservative - Saffron Walden) Mr John Hayes (Conservative - South Holland and The Deepings) Sir Oliver Heald (Conservative - North East Hertfordshire) James Heappey (Conservative - Wells) Peter Heaton-Jones (Conservative - North Devon) Gordon Henderson (Conservative - Sittingbourne and Sheppey) Nick Herbert (Conservative - Arundel and South Downs) Damian Hinds (Conservative - East Hampshire) Simon Hoare (Conservative - North Dorset) Kate Hoey (Labour - Vauxhall) George Hollingbery (Conservative - Meon Valley) Kevin Hollinrake (Conservative - Thirsk and Malton) Mr Philip Hollobone (Conservative - Kettering) Adam Holloway (Conservative - Gravesham) Kelvin Hopkins (Labour - Luton North) Kris Hopkins (Conservative - Keighley) Sir Gerald Howarth (Conservative - Aldershot) John Howell (Conservative - Henley) Nigel Huddleston (Conservative - Mid Worcestershire) Mr Jeremy Hunt (Conservative - South West Surrey) Mr Nick Hurd (Conservative - Ruislip, Northwood and Pinner) Mr Stewart Jackson (Conservative - Peterborough) Margot James (Conservative - Stourbridge) Mr Ranil Jayawardena (Conservative - North East Hampshire) Mr Bernard Jenkin (Conservative - Harwich and North Essex) Andrea Jenkyns (Conservative - Morley and Outwood) Robert Jenrick (Conservative - Newark) Boris Johnson (Conservative - Uxbridge and South Ruislip) Dr Caroline Johnson (Conservative - Sleaford and North Hykeham) Gareth Johnson (Conservative - Dartford) Andrew Jones (Conservative - Harrogate and Knaresborough) Mr David Jones (Conservative - Clwyd West) Mr Marcus Jones (Conservative - Nuneaton) Daniel Kawczynski (Conservative - Shrewsbury and Atcham) Seema Kennedy (Conservative - South Ribble) Simon Kirby (Conservative - Brighton, Kemptown) Julian Knight (Conservative - Solihull) Sir Greg Knight (Conservative - East Yorkshire) Kwasi Kwarteng (Conservative - Spelthorne) Mark Lancaster (Conservative - Milton Keynes North) Pauline Latham (Conservative - Mid Derbyshire) Andrea Leadsom (Conservative - South Northamptonshire) Dr Phillip Lee (Conservative - Bracknell) Jeremy Lefroy (Conservative - Stafford) Sir Edward Leigh (Conservative - Gainsborough) Charlotte Leslie (Conservative - Bristol North West) Sir Oliver Letwin (Conservative - West Dorset) Brandon Lewis (Conservative - Great Yarmouth) Dr Julian Lewis (Conservative - New Forest East) Mr Ian Liddell-Grainger (Conservative - Bridgwater and West Somerset) Mr David Lidington (Conservative - Aylesbury) Mr Peter Lilley (Conservative - Hitchin and Harpenden) Jack Lopresti (Conservative - Filton and Bradley Stoke) Mr Jonathan Lord (Conservative - Woking) Karen Lumley (Conservative - Redditch) Craig Mackinlay (Conservative - South Thanet) David Mackintosh (Conservative - Northampton South) Mrs Anne Main (Conservative - St Albans) Mr Alan Mak (Conservative - Havant) Kit Malthouse (Conservative - North West Hampshire) Scott Mann (Conservative - North Cornwall) Rob Marris (Labour - Wolverhampton South West) Mrs Theresa May (Conservative - Maidenhead) Paul Maynard (Conservative - Blackpool North and Cleveleys) Jason McCartney (Conservative - Colne Valley) Karl McCartney (Conservative - Lincoln) Sir Patrick McLoughlin (Conservative - Derbyshire Dales) Stephen McPartland (Conservative - Stevenage) Johnny Mercer (Conservative - Plymouth, Moor View) Huw Merriman (Conservative - Bexhill and Battle) Stephen Metcalfe (Conservative - South Basildon and East Thurrock) Mrs Maria Miller (Conservative - Basingstoke) Amanda Milling (Conservative - Cannock Chase) Nigel Mills (Conservative - Amber Valley) Anne Milton (Conservative - Guildford) Mr Andrew Mitchell (Conservative - Sutton Coldfield) Penny Mordaunt (Conservative - Portsmouth North) Nicky Morgan (Conservative - Loughborough) Anne Marie Morris (Conservative - Newton Abbot) David Morris (Conservative - Morecambe and Lunesdale) James Morris (Conservative - Halesowen and Rowley Regis) Wendy Morton (Conservative - Aldridge-Brownhills) David Mowat (Conservative - Warrington South) David Mundell (Conservative - Dumfriesshire, Clydesdale and Tweeddale) Mrs Sheryll Murray (Conservative - South East Cornwall) Dr Andrew Murrison (Conservative - South West Wiltshire) Robert Neill (Conservative - Bromley and Chislehurst) Sarah Newton (Conservative - Truro and Falmouth) Caroline Nokes (Conservative - Romsey and Southampton North) Jesse Norman (Conservative - Hereford and South Herefordshire) Mr David Nuttall (Conservative - Bury North) Dr Matthew Offord (Conservative - Hendon) Guy Opperman (Conservative - Hexham) Mr George Osborne (Conservative - Tatton) Ian Paisley (Democratic Unionist Party - North Antrim) Neil Parish (Conservative - Tiverton and Honiton) Priti Patel (Conservative - Witham) Mr Owen Paterson (Conservative - North Shropshire) Mark Pawsey (Conservative - Rugby) Mike Penning (Conservative - Hemel Hempstead) John Penrose (Conservative - Weston-super-Mare) Andrew Percy (Conservative - Brigg and Goole) Claire Perry (Conservative - Devizes) Chris Philp (Conservative - Croydon South) Sir Eric Pickles (Conservative - Brentwood and Ongar) Christopher Pincher (Conservative - Tamworth) Dr Dan Poulter (Conservative - Central Suffolk and North Ipswich) Rebecca Pow (Conservative - Taunton Deane) Victoria Prentis (Conservative - Banbury) Mr Mark Prisk (Conservative - Hertford and Stortford) Mark Pritchard (Conservative - The Wrekin) Tom Pursglove (Conservative - Corby) Dominic Raab (Conservative - Esher and Walton) John Redwood (Conservative - Wokingham) Mr Jacob Rees-Mogg (Conservative - North East Somerset) Mr Laurence Robertson (Conservative - Tewkesbury) Gavin Robinson (Democratic Unionist Party - Belfast East) Mary Robinson (Conservative - Cheadle) Amber Rudd (Conservative - Hastings and Rye) David Rutley (Conservative - Macclesfield) Paul Scully (Conservative - Sutton and Cheam) Andrew Selous (Conservative - South West Bedfordshire) Jim Shannon (Democratic Unionist Party - Strangford) Grant Shapps (Conservative - Welwyn Hatfield) Alok Sharma (Conservative - Reading West) Alec Shelbrooke (Conservative - Elmet and Rothwell) David Simpson (Democratic Unionist Party - Upper Bann) Mr Keith Simpson (Conservative - Broadland) Chris Skidmore (Conservative - Kingswood) Chloe Smith (Conservative - Norwich North) Henry Smith (Conservative - Crawley) Julian Smith (Conservative - Skipton and Ripon) Royston Smith (Conservative - Southampton, Itchen) Sir Nicholas Soames (Conservative - Mid Sussex) Amanda Solloway (Conservative - Derby North) Anna Soubry (Conservative - Broxtowe) Dame Caroline Spelman (Conservative - Meriden) Mark Spencer (Conservative - Sherwood) Iain Stewart (Conservative - Milton Keynes South) Rory Stewart (Conservative - Penrith and The Border) Mr Gary Streeter (Conservative - South West Devon) Mel Stride (Conservative - Central Devon) Graham Stringer (Labour - Blackley and Broughton) Graham Stuart (Conservative - Beverley and Holderness) Ms Gisela Stuart (Labour - Birmingham, Edgbaston) Julian Sturdy (Conservative - York Outer) Rishi Sunak (Conservative - Richmond (Yorks)) Sir Desmond Swayne (Conservative - New Forest West) Sir Hugo Swire (Conservative - East Devon) Mr Robert Syms (Conservative - Poole) Derek Thomas (Conservative - St Ives) Maggie Throup (Conservative - Erewash) Edward Timpson (Conservative - Crewe and Nantwich) Kelly Tolhurst (Conservative - Rochester and Strood) Justin Tomlinson (Conservative - North Swindon) Michael Tomlinson (Conservative - Mid Dorset and North Poole) Craig Tracey (Conservative - North Warwickshire) David Tredinnick (Conservative - Bosworth) Mrs Anne-Marie Trevelyan (Conservative - Berwick-upon-Tweed) Elizabeth Truss (Conservative - South West Norfolk) Tom Tugendhat (Conservative - Tonbridge and Malling) Mr Andrew Turner (Conservative - Isle of Wight) Mr Edward Vaizey (Conservative - Wantage) Mr Shailesh Vara (Conservative - North West Cambridgeshire) Martin Vickers (Conservative - Cleethorpes) Mrs Theresa Villiers (Conservative - Chipping Barnet) Mr Charles Walker (Conservative - Broxbourne) Mr Robin Walker (Conservative - Worcester) Mr Ben Wallace (Conservative - Wyre and Preston North) David Warburton (Conservative - Somerton and Frome) Matt Warman (Conservative - Boston and Skegness) Dame Angela Watkinson (Conservative - Hornchurch and Upminster) James Wharton (Conservative - Stockton South) Helen Whately (Conservative - Faversham and Mid Kent) Chris White (Conservative - Warwick and Leamington) Craig Whittaker (Conservative - Calder Valley) Mr John Whittingdale (Conservative - Maldon) Bill Wiggin (Conservative - North Herefordshire) Craig Williams (Conservative - Cardiff North) Gavin Williamson (Conservative - South Staffordshire) Mr Rob Wilson (Conservative - Reading East) Sammy Wilson (Democratic Unionist Party - East Antrim) Dr Sarah Wollaston (Conservative - Totnes) Mike Wood (Conservative - Dudley South) William Wragg (Conservative - Hazel Grove) Jeremy Wright (Conservative - Kenilworth and Southam) Nadhim Zahawi (Conservative - Stratford-on-Avon) The 286 MPs who supported the Lords' amendment Ms Diane Abbott (Labour - Hackney North and Stoke Newington) Debbie Abrahams (Labour - Oldham East and Saddleworth) Ms Tasmina Ahmed-Sheikh (Scottish National Party - Ochil and South Perthshire) Heidi Alexander (Labour - Lewisham East) Rushanara Ali (Labour - Bethnal Green and Bow) Mr Graham Allen (Labour - Nottingham North) Dr Rosena Allin-Khan (Labour - Tooting) Mr David Anderson (Labour - Blaydon) Richard Arkless (Scottish National Party - Dumfries and Galloway) Jonathan Ashworth (Labour (Co-op) - Leicester South) Ian Austin (Labour - Dudley North) Mr Adrian Bailey (Labour (Co-op) - West Bromwich West) Hannah Bardell (Scottish National Party - Livingston) Sir Kevin Barron (Labour - Rother Valley) Margaret Beckett (Labour - Derby South) Hilary Benn (Labour - Leeds Central) Mr Clive Betts (Labour - Sheffield South East) Mhairi Black (Scottish National Party - Paisley and Renfrewshire South) Ian Blackford (Scottish National Party - Ross, Skye and Lochaber) Kirsty Blackman (Scottish National Party - Aberdeen North) Dr Roberta Blackman-Woods (Labour - City of Durham) Tom Blenkinsop (Labour - Middlesbrough South and East Cleveland) Paul Blomfield (Labour - Sheffield Central) Philip Boswell (Scottish National Party - Coatbridge, Chryston and Bellshill) Tracy Brabin (Labour - Batley and Spen) Mr Ben Bradshaw (Labour - Exeter) Tom Brake (Liberal Democrat - Carshalton and Wallington) Kevin Brennan (Labour - Cardiff West) Deidre Brock (Scottish National Party - Edinburgh North and Leith) Alan Brown (Scottish National Party - Kilmarnock and Loudoun) Lyn Brown (Labour - West Ham) Mr Nicholas Brown (Labour - Newcastle upon Tyne East) Chris Bryant (Labour - Rhondda) Ms Karen Buck (Labour - Westminster North) Richard Mortgage broker Oak Laurel Melbourne 0430 129 662 Burden (Labour - Birmingham, Northfield) Richard Burgon (Labour - Leeds East) Andy Burnham (Labour - Leigh) Dawn Butler (Labour - Brent Central) Liam Byrne (Labour - Birmingham, Hodge Hill) Ruth Cadbury (Labour - Brentford and Isleworth) Dr Lisa Cameron (Scottish National Party - East Kilbride, Strathaven and Lesmahagow) Mr Alan Campbell (Labour - Tynemouth) Mr Ronnie Campbell (Labour - Blyth Valley) Mr Alistair Carmichael (Liberal Democrat - Orkney and Shetland) Alex Chalk (Conservative - Cheltenham) Douglas Chapman (Scottish National Party - Dunfermline and West Fife) Jenny Chapman (Labour - Darlington) Joanna Cherry (Scottish National Party - Edinburgh South West) Mr Nick Clegg (Liberal Democrat - Sheffield, Hallam) Ann Clwyd (Labour - Cynon Valley) Vernon Coaker (Labour - Gedling) Rosie Cooper (Labour - West Lancashire) Yvette Cooper (Labour - Normanton, Pontefract and Castleford) Jeremy Corbyn (Labour - Islington North) Ronnie Cowan (Scottish National Party - Inverclyde) Neil Coyle (Labour - Bermondsey and Old Southwark) Sir David Crausby (Labour - Bolton North East) Angela Crawley (Scottish National Party - Lanark and Hamilton East) Mary Creagh (Labour - Wakefield) Stella Creasy (Labour (Co-op) - Walthamstow) Jon Cruddas (Labour - Dagenham and Rainham) John Cryer (Labour - Leyton and Wanstead) Judith Cummins (Labour - Bradford South) Alex Cunningham (Labour - Stockton North) Mr Jim Cunningham (Labour - Coventry South) Wayne David (Labour - Caerphilly) Geraint Davies (Labour (Co-op) - Swansea West) Martyn Day (Scottish National Party - Linlithgow and East Falkirk) Gloria De Piero (Labour - Ashfield) Thangam Debbonaire (Labour - Bristol West) Martin Docherty-Hughes (Scottish National Party - West Dunbartonshire) Stuart Blair Donaldson (Scottish National Party - West Aberdeenshire and Kincardine) Stephen Doughty (Labour (Co-op) - Cardiff South and Penarth) Jim Dowd (Labour - Lewisham West and Penge) Peter Dowd (Labour - Bootle) Jack Dromey (Labour - Birmingham, Erdington) Michael Dugher (Labour - Barnsley East) Mark Durkan (Social Democratic & Labour Party - Foyle) Maria Eagle (Labour - Garston and Halewood) Ms Angela Eagle (Labour - Wallasey) Jonathan Edwards (Plaid Cymru - Carmarthen East and Dinefwr) Clive Efford (Labour - Eltham) Julie Elliott (Labour - Sunderland Central) Tom Elliott (Ulster Unionist Party - Fermanagh and South Tyrone) Mrs Louise Ellman (Labour (Co-op) - Liverpool, Riverside) Chris Elmore (Labour - Ogmore) Bill Esterson (Labour - Sefton Central) Chris Evans (Labour (Co-op) - Islwyn) Paul Farrelly (Labour - Newcastle-under-Lyme) Tim Farron (Liberal Democrat - Westmorland and Lonsdale) Marion Fellows (Scottish National Party - Motherwell and Wishaw) Margaret Ferrier (Scottish National Party - Rutherglen and Hamilton West) Jim Fitzpatrick (Labour - Poplar and Limehouse) Colleen Fletcher (Labour - Coventry North East) Caroline Flint (Labour - Don Valley) Paul Flynn (Labour - Newport West) Vicky Foxcroft (Labour - Lewisham, Deptford) Gill Furniss (Labour - Sheffield, Brightside and Hillsborough) Mike Gapes (Labour (Co-op) - Ilford South) Barry Gardiner (Labour - Brent North) Stephen Gethins (Scottish National Party - North East Fife) Patricia Gibson (Scottish National Party - North Ayrshire and Arran) Pat Glass (Labour - North West Durham) Mary Glindon (Labour - North Tyneside) Mr Roger Godsiff (Labour - Birmingham, Hall Green) Helen Goodman (Labour - Bishop Auckland) Patrick Grady (Scottish National Party - Glasgow North) Peter Grant (Scottish National Party - Glenrothes) Neil Gray (Scottish National Party - Airdrie and Shotts) Kate Green (Labour - Stretford and Urmston) Lilian Greenwood (Labour - Nottingham South) Margaret Greenwood (Labour - Wirral West) Nia Griffith (Labour - Llanelli) Andrew Gwynne (Labour - Denton and Reddish) Louise Haigh (Labour - Sheffield, Heeley) Fabian Hamilton (Labour - Leeds North East) Mr David Hanson (Labour - Delyn) Ms Harriet Harman (Labour - Camberwell and Peckham) Carolyn Harris (Labour - Swansea East) Helen Hayes (Labour - Dulwich and West Norwood) Sue Hayman (Labour - Workington) John Healey (Labour - Wentworth and Dearne) Mr Mark Hendrick (Labour (Co-op) - Preston) Drew Hendry (Scottish National Party - Inverness, Nairn, Badenoch and Strathspey) Mr Stephen Hepburn (Labour - Jarrow) Lady Hermon (Independent - North Down) Meg Hillier (Labour (Co-op) - Hackney South and Shoreditch) Mrs Sharon Hodgson (Labour - Washington and Sunderland West) Kate Hollern (Labour - Blackburn) Stewart Hosie (Scottish National Party - Dundee East) Dr Rupa Huq (Labour - Ealing Central and Acton) Imran Hussain (Labour - Bradford East) Dan Jarvis (Labour - Barnsley Central) Alan Johnson (Labour - Kingston upon Hull West and Hessle) Diana Johnson (Labour - Kingston upon Hull North) Gerald Jones (Labour - Merthyr Tydfil and Rhymney) Helen Jones (Labour - Warrington North) Mr Kevan Jones (Labour - North Durham) Susan Elan Jones (Labour - Clwyd South) Mike Kane (Labour - Wythenshawe and Sale East) Barbara Keeley (Labour - Worsley and Eccles South) Liz Kendall (Labour - Leicester West) George Kerevan (Scottish National Party - East Lothian) Calum Kerr (Scottish National Party - Berwickshire, Roxburgh and Selkirk) Danny Kinahan (Ulster Unionist Party - South Antrim) Stephen Kinnock (Labour - Aberavon) Norman Lamb (Liberal Democrat - North Norfolk) Mr David Lammy (Labour - Tottenham) Ian Lavery (Labour - Wansbeck) Chris Law (Scottish National Party - Dundee West) Chris Leslie (Labour (Co-op) - Nottingham East) Mrs Emma Lewell-Buck (Labour - South Shields) Clive Lewis (Labour - Norwich South) Mr Ivan Lewis (Labour - Bury South) Rebecca Long Bailey (Labour - Salford and Eccles) Caroline Lucas (Green Party - Brighton, Pavilion) Ian C.
Deciding Upon Swift Systems For Mortgage Broker Melbourne Helpful Answers For Trouble-free Mortgage Broker Melbourne Products
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Mortgage Broker
We understand how difficult it is to get an appointment with a High Street Bank concerning a mortgage or equity release. Which is why at Independent UK Mortgages Dorset, we do all the dirty work. We assess your situation and suggest the right mortgage brokers for your needs. Call now.
Website: https://mortgagebrokerdorset.co.uk
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Photo
Mortgage Broker
We understand how difficult it is to get an appointment with a High Street Bank concerning a mortgage or equity release. Which is why at Independent UK Mortgages Dorset, we do all the dirty work. We assess your situation and suggest the right mortgage brokers for your needs. Call now.
Website: https://mortgagebrokerdorset.co.uk/
#mortgage broker#mortgage broker near me#independent mortgage broker near me#independent mortgage advice#mortgage broker dorset
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Photo
Independent Mortgage Broker
We understand how difficult it is to get an appointment with a High Street Bank concerning a mortgage or equity release. Which is why at Independent UK Mortgages Dorset, we do all the dirty work. We assess your situation and suggest the right mortgage brokers for your needs. Call now.
Visit : https://www.independentukmortgagesdorset.co.uk
#mortgage broker#mortgage broker near me#independent mortgage broker near me#independent mortgage advice#mortgage broker dorset
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Average mortgage in Londons St Jamess is 10m
The average mortgage amount in St James’s – a central district of London’s Westminster – is £10.28m according to peer-to-peer secured lending platform Lendy.
This is 22 times the highest valued areas outside London and the South East: Sandbanks in Dorset, known as ‘millionaires’ playground’, has an average mortgage amount of £459,936.
Liam Brooke, co-founder of Lendy, said: “Banks are potentially getting carried away with rising owner-occupied housing prices, leaving less money for new housing developments.
West Sussex most attractive place for retirement
“Banks continue to fund mortgages in property hotspots like London and the south-east as property prices are predicted to continue to rise over the long term. However, this does not address the housing gap by looking to lend to developers.”
“Large amounts of lending for residential mortgages do not deal with the supply side of the housing crisis – outstanding lending to property developers is still close to record low levels.”
London postcodes of West Marylebone (191%), Westminster (156%), East Marylebone (135%), and Fitzrovia (129%) have all seen growth of over 125% in the past five years.
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from https://www.trustedmortgagebrokers.co.uk/average-mortgage-in-londons-st-jamess-is-10m/
from Trusted Mortgages Brokers - Blog http://trustedmortgagebrokers.weebly.com/blog/average-mortgage-in-londons-st-jamess-is-10m
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Average mortgage in London’s St James’s is £10m+
The average mortgage amount in St James’s – a central district of London’s Westminster – is £10.28m according to peer-to-peer secured lending platform Lendy.
This is 22 times the highest valued areas outside London and the South East: Sandbanks in Dorset, known as ‘millionaires’ playground’, has an average mortgage amount of £459,936.
Liam Brooke, co-founder of Lendy, said: “Banks are potentially getting carried away with rising owner-occupied housing prices, leaving less money for new housing developments.
West Sussex most attractive place for retirement
“Banks continue to fund mortgages in property hotspots like London and the south-east as property prices are predicted to continue to rise over the long term. However, this does not address the housing gap by looking to lend to developers.”
“Large amounts of lending for residential mortgages do not deal with the supply side of the housing crisis – outstanding lending to property developers is still close to record low levels.”
London postcodes of West Marylebone (191%), Westminster (156%), East Marylebone (135%), and Fitzrovia (129%) have all seen growth of over 125% in the past five years.
Go to Source
The post Average mortgage in London’s St James’s is £10m+ appeared first on Trusted Mortgage Brokers - Find A Local Mortgage Adviser Today.
from Trusted Mortgage Brokers – Find A Local Mortgage Adviser Today https://www.trustedmortgagebrokers.co.uk/average-mortgage-in-londons-st-jamess-is-10m/
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Teachers launches new help-to-buy remortgage
Teachers Building Society has launched a new fee-free help to buy remortgage which offers £400 cashback to cover legal and admin fees.
The 3-year fixed rate remortgage at 2.99% has no arrangement fee and is designed to help homeowners who want to remortgage and stay within the help to buy scheme.
Andy Yates, business development manager at Teachers Building Society, said: “This remortgage provides homeowners not only with a reassuring fixed rate but cashback to help cover some costs incurred in the remortgage process.
“This mortgage is available to education professionals in England and Wales as well as local residents in Dorset, Hampshire and Wiltshire.
“Teachers who are members of the NUT can also get an additional £100 cash back and we can help teachers working on contracts, including NQTs and supply teachers.”
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The post Teachers launches new help-to-buy remortgage appeared first on Trusted Mortgage Brokers - Find A Local Mortgage Adviser Today.
from Trusted Mortgage Brokers – Find A Local Mortgage Adviser Today https://www.trustedmortgagebrokers.co.uk/teachers-launches-new-help-to-buy-remortgage/
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Teachers launches new help-to-buy remortgage
Teachers Building Society has launched a new fee-free help to buy remortgage which offers £400 cashback to cover legal and admin fees.
The 3-year fixed rate remortgage at 2.99% has no arrangement fee and is designed to help homeowners who want to remortgage and stay within the help to buy scheme.
Andy Yates, business development manager at Teachers Building Society, said: “This remortgage provides homeowners not only with a reassuring fixed rate but cashback to help cover some costs incurred in the remortgage process.
“This mortgage is available to education professionals in England and Wales as well as local residents in Dorset, Hampshire and Wiltshire.
“Teachers who are members of the NUT can also get an additional £100 cash back and we can help teachers working on contracts, including NQTs and supply teachers.”
Go to Source
The post Teachers launches new help-to-buy remortgage appeared first on Trusted Mortgage Brokers - Find A Local Mortgage Adviser Today.
from https://www.trustedmortgagebrokers.co.uk/teachers-launches-new-help-to-buy-remortgage/
from Trusted Mortgages Brokers - Blog http://trustedmortgagebrokers.weebly.com/blog/teachers-launches-new-help-to-buy-remortgage
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