The UK mortgage market, a landscape constantly shaped by economic winds, is experiencing a significant shift. After a prolonged period where 5-year fixed-rate mortgages offered the allure of long-term stability, 2-year fixed-rate products are poised to become more attractive,
Tag Archives: business
The Great Rate Race: Why Do Banks Play Favourites with Interest Rates?
Ever noticed how quickly your savings rate drops when the Bank of England cuts rates? It’s almost like the banks have their finger hovering over the “decrease” button, waiting to pounce. Yet when it comes to passing on those same cuts to mortgage holders, suddenly everything moves at a glacial pace. Let’s dive into this fascinating (and frustrating) phenomenon.
Case study: Kirit and Aruna Patel
Kirit and Aruna Patel had remortgaged with Nathan Blissett personally before he set up Dwello Mortgages as a company – and there was no question that they were not going to go back to him.
They own three properties, one of which is their own and two are buy-to-let mortgages, which they let to family members.
Their portfolio of properties means it is a lot of work when remortgaging comes up.
Dwello Mortgages – November 2023 snapshot
Despite the challenging environment, there is good news to be found in the data… yes we said good news!
In our latest monthly snapshot, our principal mortgage adviser, Nathan Blissett, talks about house prices increasing – yes really!, the Buy To Let market shifting and so much more.
The pros and cons of fixed-rate mortgages
Getting a mortgage in Shropshire is a big step because it is something you are going to be tied to for some time – which is why it is so important to get it right.
Have I got the right to buy my council house?
There is nothing quite like owning your own home and people can realise their dream through a handful of different ways.
Dwello Mortgages – July 2023 snapshot
Interest rates have continued to cause distress to many homeowners across the UK. Headlines of house prices dropping have grabbed people’s attention.
Shropshire mortgage adviser to go on tour with pop up mortgage surgeries to help homeowners
A Shropshire mortgage adviser is launching a series of pop-up advice surgeries across the county as people continue to struggle with industry changes and mortgage rates.
Homeowners to enjoy sweet treat thanks to new partnership between two Shropshire businesses.
Homeowners will enjoy a sweet treat after securing their dream home thanks to a partnership between two Shropshire businesses.
Dwello Mortgages – May 2023 snapshot
Dwello hunt down the right mortgages for our customers by being on the frontline of the mortgage market, tracking offers and rates across a broad range of lenders from high street banks to bespoke specialists.