We are a leading whole of market mortgage brokerage in Oadby specialising in both residential mortgages, buy-to-let mortgages and protection insurances.
A little bit about what I do
My name is Brian Howitt, and as you look for your new house, I will be with you all the way to guide and inform you about the process of obtaining a mortgage.
My vast array of experience coupled with my CeMap qualified advice will help you feel more relaxed as you search for a property.
My primary aim is to help my customers with all their mortgage-related needs, be that a buy to let or a residential. The advice given will not only inform, but will put your mind at ease as I research and apply for a mortgage specifically tailored to your needs.
A first appointment is completely free and will be used to gain insight into your ambition for your purchase of a new home. A full, robust, accurate and up to date fact find will be recorded if you decided to advance, and from there I will use my wealth of experience to find a deal that will be just right for you.
We offer tailored advice and recommendations to suit your needs and will guide you from the first appointment to securing your mortgage offer.
Slowly does it
Annual house price growth remained below 1% for the 11th month in a row in October, at 0.4%. Average prices rose by around £800 over the last 12 months, a significant slowing compared with recent years – for example, in the same period to October 2016, prices increased by £9,100. That’s the view of the Nationwide Building Society who, in their most recent survey of the UK Housing Market highlight that Indicators of UK economic activity have been fairly volatile in recent quarters.
The underlying pace of growth appears to have slowed as a result of weaker global growth and an intensifying of Brexit uncertainty although the slowdown has centred on business investment, while household spending has been more resilient. The underlying pace of housing market activity has remained broadly stable, with the number of mortgages approved for house purchase continuing on a similar course to the past two years.
Solid labour market conditions and low borrowing costs appear to be offsetting the drag from the uncertain economic outlook, the question is whether this pattern will continue. “There were tentative signs of a softening in the jobs market in the three months to August, as employment fell, unemployment rose, and wage growth slowed a little. If this trend continues it would be a significant concern to the Lender, as the labour market has been the key factor underpinning the resilience of the household sector in recent years. However, monthly data is often volatile and the unemployment rate remains close to 40 year lows and real earnings growth (i.e. after taking account of inflation) is close to levels prevailing before the financial crisis. Moreover, mortgage rates remain close to all-time lows – more than 95% of borrowers have opted for fixed rate deals in recent quarters, around half of which have opted to fix for five years.