Moving to Norden?

Norden, Rochdale, LancashireNorden is a small Lancashire village situated between Rochdale and the Rossendale Valley. It’s quite a well to do place with a population of approximately 10,000.

A recent look at a popular web site that lists houses for sale in Norden (https://www.onthemarket.com/for-sale/property/norden/) shows quite a diverse number of houses that would suit those looking to move to a bigger house, first time buyers and landlords looking to invest in a property that they can then let out.

As Norden is a small village there’s a lack of high street shops. Instead you’ll find local stores and a large number of pubs. If you’re looking to find a mortgage broker rather than go into Rochdale the best advise is too look for an independent local mortgage advisor who knows the area and will come out to you.

Another advantage is the speed at which local brokers and mortgage advisors operate. If you have any experience of high street lenders you’ll know it can take months for them to finally offer you a mortgage (provided you get that far!), and in that time you can lose the house because someone nipped in and bought it ahead of you.

Take a look through the pages of this web site and see what I’m currently recommending. Go to the homepage here.

Best wishes, Alan

Buying a house in Helmshore, Rossendale Valley

An old client of mine has recently relocated from Blackburn to Helmshore, Lancashire. Nearly everyone knows what Blackburn is like but few people have heard of the little village of Helmshore, located in the Rossendale valley, close to the town of Ramsbottom, which was recently named as one of the most popular places to live in England. As you can see from this guide, there are quite a few good places to visit in Helmshore.

Recently house prices in Helmshore and Ramsbottom, in fact all over the Rossendale valley have been climbing due to positive publicity like the above. Ramsbottom and Helmshore are quiet and in the countryside, making this a popular area for people who want to buy houses. The towns attract first time buyers and the older age bracket who seek a slower pace of life.

Helmshore

Additionally the East Lancs Railway which runs steam trains for tourists every weekend make this a very popular destination for visitors. Many people come for days out and then decide that they’d actually like to settle down in Helmshore.

There are several estate agents that cover the area – and all are based in Ramsbottom. Local estate agents include Weale and Hitchen, and Pearson Ferrier, but take a look online at what’s available too from the nationwide sites like Zoopla. For recommended mortgage brokers in the area, just scan our web site for our first hand recommendations.

The Rossendale Valley has the lightly used M66 that takes most of the traffic flow from the M60 ringroad, delivering traffic throughout the valley and further on into Accrington and Blackburn.

There is a wide range of housing available, from smaller one bedroomed flats to barn conversions, often with land included. It’s a really beautiful spot around here and a great place to live.

Buying a house in Rossendale

I’ve recently been in the Rawtenstall area of Rossendale Valley. The Rossendale Valley is an area of Lancashire that contains the towns of Rawtenstall, Bacup and Haslingden. It’s quite well connected from a travel point of view – from Haslingden you can take the Grane Road across to the M65 and Blackburn, and from Rawtenstall you can take the M66 to Bury and then pick up the M66 / M60 motorway network that can take you into Manchester and Bolton.

Rossendale Valley - photo

House prices and the availability of mortgage brokers vary considerably: on the Haslingden border is Helmshore which itself starts going upmarket. Continue on through Helmshore and you’ll get to Ramsbottom and Holcombe Village which have some of the most exclusive houses in the Rossendale Valley.

One of the estate agents currently doing businesses in buying and selling homes in Rossendale is Farrow and Farrow (https://www.farrowfarrow.co.uk/) who have a wide selection of property available throughout the Rossendale area.

For those not wishing to buy a house, renting is a big option these days and there are lots of properties available throughout Rossendale to let.

From experience once you’ve chosen where you want to live the next step is to find a mortgage broker who can get you the mortgage you want. Many people don’t put that much effort into this, but getting the right mortgage advisor who can broker you a mortgage deal can save you thousands of pounds. Personal recommendation speaks a lot and without hesitation my recommendation for people looking for a mortgage would be http://manchestermortgages.co.uk/. Based near the Rossendale Valley they have never let me down and have been brokering mortgages throughout Manchester for over 20 years.

It’s not just house buyers who use mortgage brokers either. People looking to remortgage, buy to let or let to buy will also benefit from using a good broker.

Mortgage Brokering in Bolton

Bolton is a city in Greater Manchester in the north west of England. For anyone who knows the area of Bolton, it has rich parts and poor parts. Similarly, houses and house prices vary considerably as do mortgages for various areas of Bolton.

For example, a mortgage broker who specialises in the richer parts of Bolton such as Egerton and Edgeworth is unlikely to be dealing into mortgages for properties in areas such as Breightmet and Failsworth.

map of Bolton

Similarly, depending on the value of the property a person wishes to buy, the interest rate on the money you want to borrow is dependent on the sum. For example, a loan arranged by a mortgage broker in Edgeworth or Egerton area of Bolton will have an interest rate of around 1.99% per annum. A loan for a mortgage for about £80,000 in Failsworth or Breightmet will probably be loaned on an interest rate of about 2.49%. This is a significant point that will make a considerable different to anybody using a mortgage broker to buy a house throughout Bolton.

With the Bank of England looking to raise the base rate shortly, now is a good time to get a mortgage for a property, before the interest rate rises take hold. Many mortgage brokers will be able to secure either a 2 or 5 year deal with a fixed interest rate. This information should be of interest to all mortgage holders who are looking to buy in Bolton.

Welcome to Wigan

Wigan is one of the four oldest boroughs in Lancashire, receiving a charter from Henry III in 1246. It is believed to have started life as the Roman garrison town of Coccium. Some of the town’s charters are on display in Wigan History Shop, a former Victorian library designed by Alfred Waterhouse, the celebrated architect of Manchester town hall and the Natural History Museum.

Famous Wigan food products include Heinz baked beans, Pataks Indian foods, Potters herbal remedies, Uncle Joe’s Mint Balls, and De Roma ice cream.

Mortgage brokers and advisors from Manchester began their careers in Wigan before moving on to offering mortgage advice and brokering services to Prestwich, Wythenshawe, Didsbury and Bury.

Other well known Wigan firms include Girobank, the Tote, JJB Sports, US glass fibre manufacturers PPG, and carpet firm Milliken. Wigan is also the home of the North West Tourist Board and the Tidy Britain Group.

Once the centre of the Lancashire coalfield – in the late 1800s there were 1,000 pit shafts within five miles of the town centre – Wigan no longer has any collieries. The last pit, Bickershaw, closed in 1992.

Wigan was a key battle ground during the Civil War in the 17th century, and Cromwell’s troops passed through the town twice. The town stayed loyal to the king, and was later rewarded with a ceremonial sword. Until local government reorganisation its motto was ‘Ancient and Loyal’.

The Verve, whose split was announced recently became Wigan’s most famous musical export since … George Formby! The band were all from the Wigan area and met while at Winstanley College, a sixth form centre on the outskirts of town.

Other notable Wigan bands include the Railway Children and folk-rockers the Tansads. Wigan Youth Jazz Orchestra is known the world over, while Andy Prior – dubbed the new Sinatra – owes his success to his formative years with WYJO. Nearby Leigh – part of the borough of Wigan – is the birthplace of Georgie Fame.

In the 1960s and 70s, Wigan Casino was the spiritual home of ‘Northern Soul’ music, attracting thousands to its famous all-nighters. The casino burnt down in the early 1980s. In the 90s the town gained a reputation as a centre for jazz and now hosts an international jazz festival every summer.

Well-known Wigan-born figures include entertainers George Formby, Roy Kinnear, Ted Ray and Frank Randle; miners’ leader Joe Gormley; and former Chief Constable of Greater Manchester Sir James Anderton. Actor Sir Ian McKellen grew up in the town in a house opposite Mesnes Park.

Contemporary Wiganers of note include Kay Burley of Sky News; DJ, journalist and TV film critic Stuart Maconie; former Hollyoaks actress Davinia Murphy (who played Jude Cuningham), and Coronation Street’s Georgia Taylor (Toyah Battersby) and Eva Pope (barmaid Tanya Pooley). Local MP Ian McCartney is currently a high flier in Tony Blair’s New Labour government as Trade Minister.

Wigan

Wigan Rugby League FC are the UK’s top club side. In 1990/91 they won all the major trophies, and hold the record for the number of successive cup and league wins. In soccer, Wigan Athletic have moved into a new 25,000 seat stadium at the town’s Robin Park, which they share with the Wigan Warriors rugby club. It has been paid for by…

Wigan Athletic’s multi-millionaire chairman Dave Whelan, the boss of JJB Sports, whose phenomenally successful chain of sportswear stores is one of the UK’s retailing success stories.

Dementia and Mortgages

Mortgage specialists Manchester Mortgages have been posting articles about Manchester related mortgage issues on their Facebook page for months (https://www.facebook.com/manchestermortgages/). Now with the Government plans for a dementia tax, they are offering specialist advice for those people affected by dementia.

A unique reminiscence Room has been created at a care domestic in extra Manchester to help those suffering from dementia.

it is was hoping the room at Fiona Gardens in Trafford will help jog the recollections of dementia patients and inspire different elderly residents to re-hook up with their past.

A body of workers have designed it to copy a Nineteen Fifties residing room, complete with stereogram, sewing gadget and typewriter and furnishings donated from local citizens.

Dementia influences more than 850,000 human beings within the united kingdom. Contact either Alan or Andy at Manchester Mortgages for further advice.

Buying a house in Prestwich

Increasing investment within the region’s food and drink scene has induced humans to sit up and take note of Prestwich, say mortgage broker specialists Manchester Mortgages (see http://manchestermortgages.co.uk/prestwich-mortgage-broker-advisor/).

North of Manchester city centre and bordering Heaton Park, it’s miles one of the maximum ideal commuter spots.

Laurence Juster, from Michael Herwald & Co property retailers, stated: “Prestwich now has a ‘buzz’ about it with wine bars like Cuckoo and all of the Shapes which might be increasingly more popular. And restaurants like Croma, Solita, and Tao’s all provide a taste of the world’s meals on our doorstep.”

With a number of extraordinary faculties and neighborhood parks it’s a success with households too.

Stuart Pearson, from Pearson Ferrier, said: ““There are always matters going on like Festwich unfastened tune pageant, Prestwich Carnival and Clough day. And there are a number of nearby societies and sports activities golf equipment too.”

Travel time?
Tram: Hopping at the tram at both Prestwich or Heaton Park stations can get you into Victoria teach Station in only 16 minutes.

Automobile: using is always a gamble inside the morning, with rush hour visitors absolutely adding time on your adventure.

However on appropriate day you could be within the metropolis centre in as few as thirteen minutes.

Bus: in case you don’t own a automobile, you gained’t be quick of a bus or two both. Catch the 97 at the Longfield centre and you could be at Shudehill Interchange in 24 minutes.

The a hundred thirty five additionally runs down Bury old street/Cheetham Hill street and takes a little longer, simply the 26 mins.

Cycle: It might not have the canalside surroundings, however heading down Bury New road will get you there simply as brief. It takes just 18 mins to get to Victoria from Prestwich city centre.

Residence fees?
depending on what you’re seeking out expenses in Prestwich and the encompassing areas can vary substantially.

And with growing popularity, they’re simplest set to upward thrust.

Boasting a burgeoning food and drink scene, it’s turning into a belongings hotspot – especially for families priced out of different areas.

The common house in Prestwich is presently £211,382 – an upward thrust of greater than £3,000 over the past three hundred and sixty five days.

Terraced residences inside the vicinity are a truthful bit cheaper though, going in the marketplace for £one hundred fifty five,662 on common.

What do they say?
Instructor Adrian Ellison, forty seven, said: “Prestwich usually changed into an exciting place to be, however right now its social, leisure and cultural milieus are burgeoning with marvelous alacrity.”

Every other resident, Neil Darlington, forty four, a commercial enterprise analyst, introduced: “As someone who commutes to Manchester town centre i would say that transport is remarkable.”

Mortgages in Wythenshawe

With all the new properties available in Wythenshawe, Greater Manchester (source: http://www.rightmove.co.uk/new-homes-for-sale/Wythenshawe.html), it’s not a surprise that many mortgage brokers and advisors are busy.

Manchester Council’s Strategic Regeneration Framework for Wythenshawe is worth reading as it discusses the Council’s plans for this up and coming area. New houses are being built and the area is the #1 growth area in the UK outside London.

Getting a mortgage for a house in Wythenshawe should be easy if you approach the right mortgage broker. This blog is has several articles that discuss mortgage brokers or lenders in Wythenshawe – simply look through some of the other articles and you’ll find links to plenty of other sites.

Wythenshawe is one of the cheapest areas to live in Manchester but with all the regeneration going on this is set to change. So there are many people advising you get a foothold in this developing of Manchester soon as your property prices should soar over the next 5-10 years.

More about mortgages after a divorce

A friend of mine got divorced recently, well it’s over a year ago now.

Her ex moved out and she took over the mortgage of the house. This was before  I knew her and she obviously had to apply for a mortgage in her own name rather than in joint names.

Words:

This change from joint to single income had a dramatic impact on what was available to her in terms of mortgage and unfortunately she got a very poor deal.

I point readers back to a previous post of mine (http://www.mortgagebrokeradvice.co.uk/divorce-options/) where I discuss what options are available to newly divorced people who wish to continue with home ownership. The options are fewer than you might think.

If you find yourself in this position, PLEASE speak to me as 4 times out of 5 I can get you a deal, and at much better rates than what you are being offered.

Divorce Options

When you’re getting divorced, loan issues want to be addressed and taken care of if the 2 of you personal a home collectively. Even if your divorce decree states that your husband may be chargeable for the mortgage, you need to recognise that this might not cast off your legal responsibility in the eyes of the lender. while the two of you signed the unique loan papers, you and your husband agreed to be collectively chargeable for repaying the loan. This can be a very trying time for those involved and it’s a good idea to read as much as possible about people in a similar situation.

To dispose of this legal responsibility, the house will want to be bought or the loan will either want to be refinanced or assumed. you can also pick out to keep the mortgage the manner it’s far, but this is a unstable proposition. to help you apprehend what your options are, read the following methods to handle your divorce mortgage obligations.

Maintain the original loan

unluckily, that is the option that many people unknowingly make when they break up. In essence one partner agrees to hold the house, however the loan isn’t always modified after the divorce is finalized. If this is your state of affairs, comprehend that if your ex doesn’t make the mortgage payments, it may ruin your credit if your ex defaults at the mortgage.

maybe you need to preserve the co-ownership of the house and go away the unique mortgage intact until the children are grown. once the kids are gone, the residence can be bought and the proceeds can be split. To make this association paintings, each you and your ex should be able to cooperate in any such manner that the loan bills, taxes and protection are paid in a timely fashion.

Like I said earlier, this is a unstable proposition. initially, do you really want to hold that closely tied in your ex. Secondly, if your ex has any destiny liens filed in opposition to him, they can be connected to your private home. This ties up the identify and makes it tougher to promote the house. And subsequently, having an existing loan can make it hard to qualify for a new mortgage as it will boom your debt to profits ratio. you are higher off attempting some of the other divorce mortgage alternatives underneath.

Sell the residence

one of the simplest approaches to eliminate your legal responsibility from the loan while getting divorced is by using promoting the marital home. The proceeds from the sale will first be used to repay the present mortgage, and whatever that is left over after closing prices can then be break up among you and your spouse. commonly, it is a great idea to promote the house earlier than your divorce is finalized to save you destiny opportunities to combat over the income rate. Plus, neither of you may should fear about the other not making loan payments, retaining the house, or paying taxes and coverage.

One partner continues the home and Refinances the loan

That is a not unusual strategy when one spouse wants to preserve the house. In this case, the partner who desires the house commonly buys out the alternative partner’s equity share and refinances the mortgage into his or her own call. If you may be keeping the residence, it’s far vital to have your partner signal a cease declare deed which relinquishes his ownership and rights to the assets.

in case your spouse is the only who can be maintaining the home, it is very important that the mortgage be refinanced in his name best. as long as your name remains on the loan, you will stay accountable for the mortgage bills must your ex default at the loan.

if your divorce is not but finalized and your ex may be retaining the house, it’s a terrific concept to encompass language to your divorce decree that your spouse will refinance the house. along with this, you should additionally have your partner sign a Deed of agree with to comfortable Assumption. This gives you the right to foreclose and take again ownership of the house if he fails to refinance and ultimately defaults at the mortgage. After your divorce papers are signed and the whole lot is finalized, you want to inform the mortgage lender of your security interest and request that they notify you at your present day address of any missed bills.

One partner maintains the home and Assumes the loan

A divorce loan assumption can be a terrific alternative if your bank will approve it, but you have to realize that now not all mortgages are assumable. consequently, the primary element to do is to contact your loan lender to look if they will permit you to anticipate the loan.

If the mortgage lender will can help you anticipate the loan, you begin the method via filling out the belief settlement and a release of legal responsibility. The lender will also need documentation to decide if you could pay the mortgage primarily based entirely for your personal income. if you meet the lenders underwriting guidelines, you can also want to supply a copy of the give up declare deed in addition to a replica of your divorce decree. If the assumption is accredited, the lender generally executes a release of liability to the alternative spouse.

this can be a terrific option if your financial institution will allow the idea and you’ve got correct terms in your existing loan. despite the fact that there are assumption prices, they may be commonly lots less than what it might value to refinance the mortgage.