Here at Mortgage First NI we have supported all our key workers during 2020 by offering free financial reviews – allowing us to handle their mortgage and insurance needs at a time when the mortgage market has become more difficult than ever to navigate without expert help and advice. As a further thank you we have donated £1500 this December … Read More
10% deposit mortgages are back – including New Builds!!
Looking to purchase your first home in 2021? Or maybe you are looking to move to a new house and beat the stamp duty deadline? We now have access to 7 lenders who accept a 10% deposit. Some of which are exclusive to Mortgage First NI. Meaning we can find the right deal for you! Contact us for further information … Read More
Annual house price growth gathers momentum in September as housing market recovery continues
●Annual price growth picked up to 5.0% in September, the highest rate since Sep 2016 ●Prices rose 0.9% month-on-month, after taking account of seasonal factors ●Most regions saw a pickup in house price growth rates in Q3
NI house prices hit five-year high as pent-up demand fuels sales
Northern Ireland house prices are seeing the highest growth of any UK region with buyers competing more fiercely than ever for homes with gardens, according to a major survey today. The report from the Royal Institution of Chartered Surveyors (RICS) and Ulster Bank said prices were hitting a five-year high – accelerating fears that a new home could become out … Read More
Co Ownership Belfast – Housing body sees threefold rise in demand
A housing association that helps people buy homes through shared ownership has received an almost threefold increase in applications over the past seven weeks. Co Ownership Belfast usually deals with an average of 50 applications per week. However, since the beginning of July, it has processed about 1,000. Its director of customer services told BBC News NI the demographic of … Read More
House sales at ‘highest ever’ level says Rightmove
Property portal says number of sales this month 60% up on last August Agreed house sales have hit their highest level for at least a decade in the last month, with sales 60% above the figure recorded last August, according to the latest numbers from property portal Rightmove. The online listings firm said it had seen the highest number of … Read More
Stamp Duty Changes Northern Ireland
Stamp duty can add £10,000s to a homebuyer’s costs, but temporary changes mean many WON’T have to pay it. Until April 2021, in England and Northern Ireland you won’t pay any stamp duty on a main residence up to £500,000, while in Scotland and Wales the threshold’s rising to £250,000. This guide’s got all you need to know about how … Read More
Think Twice Before Cancelling Your Protection Policies
Life Insurance: It’s not for you, it’s for them! Life insurance is for your loved ones to make sure there is a roof over their heads and food on their table. It’s to ensure that they can continue to do the things in life you’d want them to, if the worst happened and you weren’t around. You would want to be … Read More
How might Coronavirus impact the property market?
The economy in Northern Ireland is entering its most uncertain time since the “credit crunch” of 2007/08 and many home buyers and sellers, as well as landlords are worried about what will happen to the property market. Jordan Buchanan, Chief Economist at PropertyPal writes: The housing market context since 2007/08 House prices suffered their biggest contraction on record following the 2007 … Read More
Coronavirus: what it means for our mortgage customers
The government and some of the UK’s biggest banks have announced a range of measures to help customers who face financial difficulties if they’re affected by the coronavirus outbreak. For example, homeowners can apply for payment holidays on their mortgages, renters have been offered protection against eviction and some banks are allowing borrowers to increase credit card limits and access … Read More