Uliana Kuzmis

🏡 Which Mortgage Professional Course Should You Choose? 🏡 Navigating the world of mortgages can be complex, but choosing the right course to become a certified mortgage professional shouldn’t be! Whether you’re a newcomer looking to break into the industry or a seasoned pro aiming to upskill, finding the perfect course is crucial. 🌟 🌟 Tap into your potential with Mortgage Mastery Academy and transform your professional journey today! Your dream career is just a click away! 🚀 #MortgageProfessional #CareerGrowth #MortgageMastery #Education #Success #FutureReady #MortgageCourse #ProfessionalDevelopment #DreamCareer #BasicAcademy

19

Lowest mortgage rates return to pre-mini-budget levels despite higher base rate, says L&C Mortgages L&C Mortgages reports that mortgage rates have fallen back to pre-mini-budget levels, offering borrowers increased stability despite a higher base rate.

2

Monday Mortgage Myth Myth: The mortgage lender’s valuation is the same as a survey. Reality: The lender’s valuation is not a full survey; it’s a basic check to ensure the property is worth the amount you’re borrowing. If you want a more detailed inspection of the property’s condition, you should arrange a homebuyer’s report or a full structural survey. These will highlight any potential issues, such as damp or structural defects, that may need addressing. . . . . #homeownership #mysimplemortgage #firsttimebuyers #firstimebuyerUK #mortgage #remortgage #househunting #mortgageadvice #mortgagesupport #mortgageinformation #buyingahome #gettingontheladder #propertyladder #propertyladderUK #propertyladdergoals #dreamhome #letushelpyou #homeownershipUK #mortgageinfo

3

Mortgage approvals for house purchases reached 65,600 in September, the highest since August 2022, according to the Bank of England. Remortgaging approvals also increased to 30,800, while net mortgage lending's annual growth rose to 0.9%. Ryan Davies from Bluestone Mortgages noted that the uptick reflects borrowers seizing lower rates, although uncertainty around the Autumn Budget may impact future volumes. Stephanie Daley from Alexander Hall remains positive about ongoing mortgage activity, while Jeremy Leaf FRICS FNAEA FARLA, a former RICS residential chairman, anticipates sustained momentum in the market. https://hubs.la/Q02Wlmr80

3

What happened in the property industry in November? 👇 - The Bank of England cut the base rate from 5% to 4.75%. - Hamptons forecasts house prices across Great Britain will rise by 3% in 2025 due to the downward trend in interest rates and the base rate. - Despite the predicted negative impact of the Autumn Budget, Zoopla forecasts that house prices and sales volumes will grow by 2.5% and 5%, respectively, in 2025. - 95% of property professionals doubt whether the government’s target of building 1.5 million houses in 5 years is achievable, according to Countrywide Surveying Services. - 68% of renters are pursuing ‘fixer-uppers’ to get on the property ladder, with 73% citing the opportunity to buy at a lower cost as their motivation, according to Rightmove. - Allsop LLP raised £87.8 million through commercial and residential auctions in November, bringing the total raised year-to-date to £977.8 million. - The BDLA reported that bridging lending hit a record high of £1.79 billion in Q3. - Switch Housing launched a new programme to source safe and affordable residential accommodation for vulnerable UK families. - Buy-to-let yields continued their 18-month upward trajectory, reaching 6.72% in September—up from 6.48% a year earlier. — — — — — — — I post the biggest stories from the UK property market each month. Connect with me to never miss a monthly update. #Property #News #November

44

2 Comments

With Interest rates held at 5.25%, this interesting article by Rightmove looks at what it could mean for mortgages... #rightmove #Mortgagesolutions #mortgagesderby #firsttimebuyers

1

Equity Release lending is becoming more popular than ever for a number of reasons. But what is it and why are more people choosing to go down this route? Read our latest article here: https://lnkd.in/eVg2bptp #equityrelease #residentialproperty

5

🇬🇧 Attention, fellow mortgage professionals! 📢 It's time to delve into the latest developments in the rental market and how they could impact our industry. 🏠💰 The government has proposed a new bill that aims to tackle the controversial practice of rental bidding wars in England and Wales. 🎯 This bill seeks to create a fairer rental market by: • Prohibiting landlords from engaging in bidding wars 🚫 • Banning landlords from offering higher rents to prospective tenants 🛑 • Introducing a fixed-rent advertising system for rental properties 📋 If passed, this legislation could have significant implications for the mortgage industry. 🤔 Here are a few key points to consider: 1. Reduced competition for rental properties may lead to a more stable rental market, potentially affecting buy-to-let mortgage demand. 📉 2. Landlords may seek alternative ways to maximise their returns, such as refinancing their mortgage or investing in property improvements. 🔧 3. The bill could prompt discussions about the need for more affordable housing and the role of the mortgage industry in supporting this goal. 🏘️ As mortgage advisors, it's crucial that we stay informed about these developments and consider how they might shape our strategies moving forward. 💡 Let's engage in meaningful discussions and share our insights on how we can adapt to these changes and continue to provide exceptional service to our clients. 🤝 What are your thoughts on the proposed bill and its potential impact on our industry? Share your views in the comments below! 📝 #MortgageInsights #RentalMarketReform #IndustryExpertise

2

Attention Mortgage brokers, did you know you can earn one CPD point per hour every time you are on the Fule platform? Fule will track the time you spend in the platform and allow you to download a CPD certificate that will show your time spent in Fule. You can then update your industry association CPD tracker accordingly. There is so much information that you can use every day inside Fule and isn't it amazing that you also gain CPD points by upskilling yourself on things like: • The ins and outs of your local real estate market • The government's spending on infrastructure • How current events might affect property prices near you • What businesses and referrers are near you This is your sign to contact us today! #CPD #learning #training #mentoring #fule

6

Did you know? According to the latest Mortgage Industry Mental Health Charter survey, 18% of brokers working in the specialist finance sector said their wellbeing is poor. Moreover, 49% of brokers work 45-60 hours each week, and only 9% get a minimum of seven hours of sleep per night. Is the specialist finance industry truly making progress in boosting people's mental health and wellbeing, or has it taken a few steps back? The answer can be found in the latest results of the MIMHC mental health survey, published in the latest B&C Magazine issue. Read the full report in The Commercial Horizons Issue: https://lnkd.in/egU_ngfk Coreco Crystal Specialist Finance SimplyBiz LANDBAY Brightstar Financial Knowledge Bank Chartwell Mortgage Services Ltd Square 1 Media Limited Matt Wells Andrew Montlake Nicola Firth Jason Berry

10

1 Comment