After much encouragement from the major lenders we have put forward two of our hard working staff for awards at the BMA 2016. Stephen Darbyshire (our Director of Specialist Lending) has been nominated for Best Broker: Buy To Let and Ruth Huntley Jacobs (our Director of Operations) has been nominated for Technology Advocate If you agree with the nominations (and you have a spare two minutes) we would really appreciate it if you would nominate Stephen and Ruth for their respective awards. We are extremely grateful in advance for those clients who choose to help us. By selecting the different categories you’ll be able to submit as many nominations as you decide. Voting closes on.. read more →

A recent industry wide survey by the Intermediary Mortgage Lenders Association (IMLA) demonstrates that Express Mortgages is one of the top performing brokers within the UK. On average, a Mortgage Broker will complete 69% of all applications they submit on behalf of their clients. Of course many brokers complete an even lower percentage of applications, Express Mortgages however had a completion rate of 83% in quarter 4 of 2015. IMLA concludes that the best brokers are, “evidently highly effective at matching borrowers with the product best suited to their needs, and we expect them to build upon this success as they continue to get to grips with adjustments to the.. read more →

20 Apr 2015
April 20, 2015

Buy-to-Let re-mortgages rocket

0 Comment

Two thirds of buy-to-let mortgages being transacted in quarter 1 this year, are re-mortgages of existing properties owned by landlords – according to Mortgages for Business. Managing Director, David Whittaker says: “Record low mortgage rates are driving wave upon wave of landlords to reassess their finances.” “A great deal agreed last year may be uncompetitive by today’s standards. So this stampede is completely rational – it represents a charge by landlords to make the most of an unprecedented economic situation.” Since the banking crisis, lenders have been reluctant in the buy-to-let re-mortgage sector because of falling house prices and the risk of negative equity. To counter this, the most attractive.. read more →