Online mortgage sessions to update you on your mortgage options

Mortgage Market back with a bang! So we are offering free online mortgage sessions this week to update you on your options.

Read on for details of our upcoming free online mortgage sessions on Friday 22 May.

Last week was a very good week overall for the mortgage world. While we have carried on surprisingly well through lock down, the news that Surveyors can get back out on the road and Estate Agents can get back to work (in both cases where safe to do so) really does get all the links back in the chain of the property market.

We have seen a large increase in clients reviving purchases and even agreeing new deals already, with very many more inquiring as to what their options are now. A very welcome spike in activity was reported across the board with Rightmove reporting a 70% increase in buyer inquiries last week (up 45% alone on Wednesday, the day restrictions were loosened).

Mass online mortgage meeting

Last week I also conducted my first ever mass online mortgage meeting. We work with various companies helping their staff and clients, so we had to move a pre-booked meeting online for obvious reasons. It felt very good indeed to get up, have a shower, shave, put on a suit and go to the office (you’ve got to get your kicks where you can at the moment). The meeting went very well, which was great, as the format was suited to it. I think we have all adjusted to doing meeting this way now, so I want to extend that out to all of you. 

Online mortgage sessions – remortgage, purchase, buy to let

I am going to run 3 online mortgage sessions on Friday, details of which are below. I will aim for them to be punchy 30 min sessions which will also allow time for Q&A at the end. Each session will be tailored to the topics below, update you on what is possible in the market, hints and tips and also how you how to take advantage of this ultra low interest rate environment. Details are:

  • Friday 22nd May
    • Remortgage – 10am – 30 mins
    • Purchase – 12pm – 30 mins
    • Buy To Let – 2pm – 30 mins
  • Simply send an email to info@rosecp.co.uk informing us of which session you would like to attend and we’ll send joining instructions on the day. You are welcome to attend more than one if you wish.

Marekt update 18.05.20

Rate Corner

Money markets continue to nudge down. 
We feel that markets are expecting the UK Base rate to get to 0.5% (up 0.4% from where we are currently) in the next 12 months or so, but that may not actually mean mortgage rates go up. If the downward trend on rates continue, we may revisit our stance above, as currently, this indicates only one base rate rise in the next 5 years…

In the last week:
3 Month Sterling Libor = down by 0.088% to 0.315%
2 Year SWAP = down by 0.063% to 0.328%
5 Year SWAP = down by 0.058% to 0.353%

Best Rates:

2 Year Variable from 1.05%
2 Year Fixed Rates from 1.18%
5 Year Fixed Rates from 1.41%
BTL Rates from 1.19%
The actual rate you will be offered will be dependent on your personal circumstance and deposit level. Please speak to one of our advisers so that they can guide you through this process
Source: Twenty7Tec May 2020

Referrals

Our business is built from referrals. If you know anyone that can benefit from our service, please do refer them onto your adviser, or contact us directly. You can see why we are one of the UK’s most highly rates mortgage brokers on our Google Page

For more Information, Market Commentary, Blogs, ‘How To’ guides and much more, please do follow our LinkedIn Page


Should you wish to speak to one of our mortage brokers or protection advisers, Click Here and you will find everyone’s contact details.

Your property may be repossessed if you do not keep up repayments on your mortgage.

This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity.

Rose Capital Partners Limited is an appointed representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Conduct Authority.


Book a consultation
  • Call Us
  • Book a consultation