Why are UK Mortgage rates coming down - Mortgage Broker Explains
Channel: Niche
Date: 2023-09-06

Mortgage brokers Viewpoint of the current Mortgage rates. Are you curious about the current mortgage market and why mortgage rates are coming down? In this video, we dive into the inner workings of the property market to explain why mortgage rates are changing. We'll discuss factors such as valuations, surveys, interest rates and more, all from the perspective of a qualified mortgage broker. Stay tuned for an in-depth look at how these elements are affecting current mortgage rates!

Please click on the links to jump to the relevant section 

00:00 Introduction
01:45 Mortgage Rates
05:11 What do the Rates changes mean 
05:46 What are some Remortgage Clients doing
06:38 What about Buy to Let Mortgages
07:58 Why are some people still buying
08:46 Uk Recession and job Losses
09:30 Will property prices come down further
10:02 Type of Deals we are working on
10:30 Surveyors Valuations and how they effect things
12:04 Higher charges are on their wad as volumes drop
13:16 Mortgage Interest Rate Prediction
14:56 Arrears figures for residential and buy-to-let investors
15:52 outro

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.

The content of this Video does NOT constitute giving advice it is purely designed for general information purposes only. The qualification for a mortgage will depend on your own individual circumstances, and your case should be fully discussed with a Professional Mortgage Broker before you apply. Niche Advice are Independent Whole of the Market Mortgage Broker dealing with different types of clients buying properties all across the UK.

Some Buy to let, and commercial mortgages are not regulated by the Financial Conduct Authority.  

Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA No: 750263. The Financial Conduct Authority does not regulate Commercial Buy to Lets, including some Bridging Loan products.

#mortgagerates #mortgagebroker #propertymarket