select mortgages left top back corner
trasparent gif
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.

Welcome to Select Mortgage Solutions

Nine in 10 of FTB applications through brokers go to offer

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.

What is more four in five (81%) of those offers went to completion, up from seven in 10 (70%) the year before.

Overall seven in 10 (71%) of first-time buyer applicants achieved their aim of securing a mortgage in 2017, compared with just half (50%) in 2016.

Kate Davies, executive director of IMLA, said: “In particular, first-time buyers have benefited from widely available and competitively priced deals, even before the extra confidence boost of the stamp duty exemption announced in the Autumn Budget.

“It is encouraging to see that mortgage repayments have remained stable even as more first-time buyers make the step up onto the housing ladder.

“With the Bank of England base rate on a slow upward trajectory, lenders remain firmly focused on rigorous affordability tests so that borrowers do not overstretch themselves to achieve their ambitions.”

Source: Mortgage Introducer 01/03/2018

What our clients say?

home_page_quote
Read more
home page quote

Ask me a question

By sending your details over to us, you are confirming that you have read and agree with our Privacy Policy and our 'Just In Time' Notice.
Mortgages from Select MS Mortgages from Select MS Mortgages from Select MS Mobile phone app from Select MS Mortgages from Select MS
Typically a fee of £495 will be charged upon mortgage application but the exact amount of this fee will be dependent on your circumstances. Please contact us for full details.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Select Mortgages Solutions,
Regents Pavillion,
4 Summerhouse Road,
Northampton,
NN3 6BJ

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

SOL 504

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