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Aug 2, 2018
The Bank of England has raised the base rate to 0.75%, just the second time it has been hiked in a decade.
May 16, 2018
Homes suitable for first-time buyers could ‘flood the market’ in the coming year as one in five (19%) landlords look to sell, the National Landlords Association has predicted.
Mar 1, 2018
Almost nine in 10 (87%) first-time buyer applications through an intermediary resulted in an offer in 2017 – up from seven in 10 (71%) in 2016, IMLA’s Mortgage Market Tracker has revealed.
Nov 22, 2017
The government is abolishing stamp duty for all first-time buyer purchases up to £300,000.
Aug 30, 2017
Nearly 90 per cent of mortgage applications made through brokers resulted in offers in Q2 2017, the highest ever, according to the Intermediary Mortgage Lenders Association.

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Almost 90% of broked applications successful in Q2: IMLA

Aug 30, 2017
Nearly 90 per cent of mortgage applications made through brokers resulted in offers in Q2 2017, the highest ever, according to the Intermediary Mortgage Lenders Association.

The trade body says 88 per cent of applications were successful in the period, up 13 per cent year-on-year, according to its latest Mortgage Market Tracker.

The trade body began keeping the figures in Q1 2016.

The percentage of offers that complete has also grown year-on-year, from 75 per cent in Q2 2016 to 81 per cent in 2017.

The trade body notes that first-time buyers saw applications resulting in successful offers rise from 71 per cent in Q2 2016 to 88 per cent in Q2 2017.

Source: Mortgage Strategy 30/08/2017

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Regents Pavillion,
4 Summerhouse Road,
Northampton,
NN3 6BJ

Tel: 0845 22 42 162
Email: info@selectms.co.uk

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Select Mortgage Solutions is an appointed representative of Stonebridge Mortgage Solutions Limited which is authorised and regulated by the Financial Conduct Authority.
 
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