Warning: Skipton Building Society base rate rise, the first of many?

Limetree Financial Services Limited

It was not unexpected when the Skipton announced their rise in Standard Variable Rate today as in fact they have not really been a lender for at least the last 18 months. Are we likely to see other Building Society’s follow suit over the coming months? Unfortunately, YES.  Especially those lenders who are not greatly […]

The Secrets for First Time Buyers getting onto the property ladder

Limetree Financial Services Limited

So what are the key factors that First Time Buyers need to consider when looking at purchasing their first home? Deposit – lending above 90% is pretty non-existent in the current climate so you will need a desposit of at least 10% of the purchase price with the better deals coming at the 85% loan to value […]

So why do I need a Mortgage Broker?

Limetree Financial Services Limited

An “independent” broker should have access to the whole of the mortgage market and not be offering you a limited panel of lenders to choose from. A broker will save you from doing all that leg work of walking up and down the High Street to spend an hour with each of the High Street […]

So what is going to happen to Interest rates in 2010?

Limetree Financial Services Limited

They are going to increase! With inflation going up already this will begin to give the Bank of England Monetary Policy Committee food for thought.  Their role is to try and control inflation through the manipulation of interest rates. Nothing is likely to happen until after the election, however, the Bank of England base rate […]