Living close to the Manchester ship canal can be an interesting experience, but in recent times new housing schemes have been popping up all over Manchester. It’s good to see brown-field sites being regenerated and built on. Not surprisingly these new houses are in demand, especially in Wythenshawe and surrounding areas due to the further development of Manchester airport and Amazon. House prices in these new Manchester areas start at approximately £151,000 for a ground floor 1 bedroom flat and go up to £500,000 for more luxury accommodation. To buy one of these houses you’ll need roughly £100,000 as a deposit and then find a decent broker who can get your a mortgage for £400,000. The first step onto the property ladder with the cheaper £151,000 properties, you need roughly a deposit of £30,000 and then a further £120,000 from the mortgage brokers in Manchester.
Quality mortgage brokers in Manchester are best found by visiting some blog sites of people who blog about Manchester and living in Manchester. A good one is Bobby Christie’s Tumblr blog at https://remortgageman.tumblr.com/post/165792837225/moving-to-manchester. It contains a lot of information on areas like Manchester, Altrincham and Urmston, which are all property hotspots. Obviously it’s always wise to do your own research so don’t forget to Google some searches too.
In our clients own words (see http://www.mortgagebrokeradvice.co.uk/) they had been anticipating a miracle from a Manchester mortgages advisor.
Assembly our customers expectations with the aid of getting the loan bills to near as £ 300 consistent with month and keeping the loan time period as close to feasible to 10 years.
After gaining knowledge of the market we located a excessive street lender inclined to consolidate the money owed and provided a £ forty,000 compensation mortgage over 11 years on a 2 12 months fixed fee of 1.53%.
This decreased the loan payments to £ 330 in keeping with month – closest to a miracle we at Manchester Mortgages should get to !
The new lender provided a free wellknown valuation and a free criminal service and had no association prices.
Our client’s loan bills at the moment are £ 330 in line with month – a saving of nearly £ 400 in keeping with month was made – no longer bad on a total £forty,000 loan.
We gave our client the option to extend their mortgage to twelve years which might have reduced the mortgage charge to £299 in keeping with month but they favored the 11 year time period payments at £ 330 in step with month
Customer does now not ought to fear approximately private loan and credit score card payments and that they have the repayment ( capital & hobby ) loan they desired close to their stated monthly price range.