Month: May 2017

Barclays Alterations to Lending Criteria

Barclays have recently announced that they’ve made some alterations to their requirements for lending.   It is not rare for lenders to regularly give consideration to lending criteria and make alterations where they feel it necessary. These alterations can come as a result of such events as a change in interest rates, the economic outlook as well as many other triggers.   In the case of Barclays, they are changing their residential and buy-to-let affordability policies around annual bonuses, pension contributions and child benefit.   The main changes are outlined below:   Barclays are removing the £75,000 minimum income threshold for using ... Read more

Lowest 5 Year Fixed offered by HSBC

With so much debate over what it going to happen with the interest rates many people have been unsure as to what they should do with their next mortgage deal. Are rates going to go up any time soon? Should we make the most of it until an announcement is made? Well if you’re tempted to enter into a fixed rate then look no further than HSBC!   HSBC’s latest offering sees a 5-Year Fixed deal at the lowest rate currently on the market, an eye-wateringly low 1.69%. The offer is available to those with a 40% deposit with an ... Read more

Welcome to Online Mortgage Calculators

Welcome to Online Mortgage Calculators Our new website Online Mortgage Calculators is now live and we are so pleased with how it looks and feels. Our goal has always been to help anyone who is looking to either take on a new mortgage or negotiate an existing mortgage product. Our website is written by qualified mortgage advisers and our aim is not to sell to you but help. All leads generated by the website got to vetted independent mortgage brokers who most offer the following: 30 minute free consultation Must not bombard you with Spam emails Must not sell your ... Read more