Manchester City’s ground is located in what is known as the Etihad Campus which contains the stadium, various training facilities and other related amenities. The owners of Manchester City have put a lot of money into both the club and the city in general. The surrounding areas of Miles Platting , Clayton, New Islington and Bradford / Beswick had all benefit from substantial regeneration and many old and run down buildings have been pulled down and new houses built on the land. Buying a house close the Man City ground is a dream for many die hard City fans and there are plenty available.
A number of new build flats are for sale in the M11 area of Manchester close to the Manchester City ground (see this link) and at reasonable prices too. Homes buyers can also benefit by getting themselves a great mortgage through companies like Manchester Mortgages, whose main broker for the area, Andrew Butterworth is a life long City fan and season ticket holder.
According to Andy, if you’re looking to buy a house close to the ground, or in the areas of Clayton, Miles Platting and Beswick, good advice is to stay away from the high street mortgage lenders. The reason is that they’ll only tell you about the mortgages available from them. Manchester Mortgages will tell you about the different mortgages available from every lender. Over the duration of a mortgage, their advice will often save clients over £10,000.
There are a number of different properties available close to the Etihad, and the area is ideal for first time buyers, remortgages, home movers, or buy to let agents.
Manchester City fans should contact Andrew at Manchester Mortgages on 0161 706 0242.
Those of you considering buying a house in the Tameside area of Greater Manchester should consider some local Manchester mortgage brokers rather than the high street options according to Ashton under Lyne councillor David Matthews.
“Ashton and Stalybridge have some great houses available to buy, but people are telling me they are finding it difficult to get a mortgage.”
Fortunately the answer is simple, Google something like “Manchester mortgage broker” and you’ll find several companies who will be able to help you find the mortgage you need.
Tameside, containing the areas of Ashton, Dukinfield and Stalybridge has long been a popular area of Greater Manchester for people to live in, and looking at the Rightmove web site for Stalybridge (http://www.rightmove.co.uk/property-for-sale/Stalybridge.html) there are a lot of decent houses on the market.
However, echoing Ashton councillor Matthew’s statement, with house prices this high, getting a mortgage can prove difficult for some people. Most of us see renting a property as “dead money” because the money goes to someone else and you never get to actually own your own home. Most people want to go down the buying route of home ownership so after their mortgage is paid off, they have an asset that they can use as leverage to buy something else, or have a nice nest egg for when they retire etc.
When you get a mortgage always do the maths and work out how much it’s going to cost you over it’s duration. Critical figures are the interest rate of your mortgage and and fixed terms that apply to it. With the feeling that mortgage interest rates will rise over the next few years, it may be a savvy idea to get a mortgage broker who secures you a mortgage where interest rates are fixed for a number of years. This means you will beat any rate rises during this time.
The area of Greater Manchester known as Wythenshawe is booming. Affordable housing, with great access to the motorway network and the creation of many new jobs from the likes of Amazon and Manchester airport, mean that Wythenshawe is having a property boom.
As an area, Wythenshawe has come a long way. 20 years ago parts of it were “no go areas”, it was run down, dilapidated and crime friendly. Now, many of the old decrepit estates of the 1950’s and 60’s have been pulled down and the whole area regenerated by building smart new houses and developments that will attract inward investment and families. One such development is this one in Newall Green, Wythenshawe.
As every house buyer is aware, the cost of housing is not cheap, and new build housing is no exception. As an added incentive (especially for families and first time buyers) to move to Wythenshawe, specialist mortgages can be arranged that offer a significantly better deal to homeowners than what is offered by the usual mortgage.
Better interest rates on mortgage repayments and fixed interest deals are two ways that people buying in Wythenshawe can take advantage of when buying a house. Interest rates are currently low, but they can’t really go any lower, so the only way is for them to rise. By fixing the interest rate of a mortgage for say 5 years, you are guaranteed to be repaying money at this low rate even when interest rates go up.
It pays to be smart with mortgages and getting the right mortgage will save you thousands of pounds over its course.
The North West areas of Preston, Liverpool and the Wirral are popular locations for people who want to live in the north of England. But what’s is like living in the north?
Well, the cost of living is far cheaper for one. The average cost of a house in Liverpool is £107,000 (source: http://www.rightmove.co.uk/house-prices/Liverpool.html), compared with London which is £534,000 (source: http://www.rightmove.co.uk/house-prices-in-London.html). This single statistic proves that the north-south divide ridiculed as non existent by some is actually alive and kicking.
Ok, so house prices are cheaper, but wages are lower too. In this study from Manchester’s Metro newspaper we learn that London salaries are significantly higher than the rest of the country (http://metro.co.uk/2015/11/18/how-does-your-salary-compare-with-the-rest-of-the-country-5511194/). So what have Liverpool, Preston and the Wirral got going for them?
The cost of living is cheaper as well, as is the cost of motoring (no congestion charge) and the food is cheaper too. You could sell you London home for £500,000 and move to a 4 bedroom detached in Liverpool for £140,000, thus netting £340,000 cash in part of your move. If you look after your money that will keep you going for a good while.
It’s similarly far easier to get a mortgage broker to find you a decent mortgage when there aren’t such large sums of money involved. Mortgage advice and mortgage brokers practice an art of finding you the best mortgage for your requirements. They do this by speaking to all the mortgage lenders who provide mortgages that are suitable to your requirements. Don’t arrange your own mortgage, it’s not worth it as you’ll lose out financially. It’s far cheaper for you to arrange your mortgage through a mortgage broker, and their fee are usually absorbed by the mortgaging company too which means that the cost to you is transparent.
So have a read through the posts on this site, there’s lots about mortgages, housing and brokering in the north west. If you want any advice please get in touch with us.
In this interesting article from the Huddersfield Examiner it seems that both Halifax and Hudderfield are vying for a spot on the new Pennine edition of the popular board game Monopoly.
Most of us know what the game Monopoly is, where you move around a board, buying up property that you can then build houses and eventually hotels on. Doing this increases the rateable value of the land you bought. And you charge people when the land on your property, so the more houses the better.
Hudderfield is in West Yorkshire and has many outlying areas such as Longwood and Meltham. Halifax is smaller but popular housing areas like Todmorden and Ripponden are also close by.
Of course for most people buying a house in Halifax or Huddersfield, one of the most important things is to secure a mortgage, which is used to buy the house. Looking across the both areas, I notice that Manchester Mortgages have introduced a new mortgage brokering service in both Halifax and Huddersfield at http://manchestermortgages.co.uk/halifax-mortgage-broker-advisor/.
Getting the right mortgage is of course essential, as getting the wrong one – one with a higher interest rate and restrictive clauses such as not being able to make early repayments back on the mortgage should be avoided. I worked out that getting a 25 year mortgage in either Huddersfield or Halifax can cost you over £25,000 that you could avoid if you shop smart and get the right mortgage. I recommend you take a look at Manchester Mortgage’s new Huddersfield and Halifax brokering service – it should save you money.
With the housing market reported as sluggish (http://www.telegraph.co.uk/personal-banking/mortgages/sluggish-housing-market-keeps-mortgage-rates-rock-bottom-even/), now is a great time to get a mortgage and get on the Manchester housing ladder. One of the key areas is Irlam, in south west Manchester.
Near to the Trafford Centre just off the M60 motorway is the town of Irlam. As part of Greater Manchester and close to the ring road and several motorways, Irlam is a place that many homeowners are moving to. With house prices starting at around £150k (see here), many people, including younger first time buyers and those with families are seeking mortgages in Irlam.
So what’s Irlam got that makes it a nice place to live?
Well it’s close to Manchester city centre, even closer to the Trafford Centre, and links to Liverpool, Leeds and Bolton are all within easy reach of an accessible motorway route. There’s also the huge swing bridge which connects Urmston and Stretford with Irlam (see http://www.manchestereveningnews.co.uk/news/greater-manchester-news/could-motorists-pay-drive-over-13845889).
It’s also near some of the more upmarket areas as one heads out towards Cheshire, such as Cadishead, Carrington (where the Manchester football teams practice) and Dunham Massey.
Also, as the whole of Greater Manchester is rather a growth area at the moment there is a high demand for mortgages and property. Regular readers of this blog will note that we recommended several mortgage brokers in Manchester, so all you need to do is read our blog a bit more and choose one of the many mortgage advisors we recommend.
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.
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.
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.
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.
Your mortgage lender or broker will require a valuation of your house with the aid of a surveyor, to make sure that the assets is a superb enough to lend towards. This isn’t a proper survey, and could only look very superficially on the property.
You can typically both get a house valuation upgraded to a full survey, or you could commission a separate house survey. This must tell you the whole thing you want to recognize approximately the property, and provide you with a warning to any potential issues you will face after you pass in. until you are very experienced with property, additionally it is really worth getting this done.
Arrange a deposit for your house
Before you may exchange contracts, you need to arrange a deposit of 10% of the sale fee of the assets, and deliver it on your solicitor or conveyancer.
You need to both have the 10% deposit from the deposit you have arranged for the complete belongings, or is probably able to boost it from the sale of your existing domestic
Whilst you convert contracts with the seller you turn out to be legally dedicated to buying the belongings – and they are legally devoted to promoting it.
If you pull out after this with out due reason, your 10% deposit can be forfeit. See How do I change contracts?
You ought to most effective change contracts after you have got received the surveyors document, and any essential action has been taken
Earlier than you convert contracts, you need to agree a final touch date with the seller, approximately 4 weeks after the alternate
You can handiest alternate contracts after the solicitor/conveyancer is satisfied with the searches, a formal mortgage offer has been received, and preparations made for the ten% deposit.
You need to make certain which you have buildings coverage for the assets from the date of trade, as you’re accountable for it from then on
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.