Self Cert Mortgage
For those who are self employed or make additional incomes that are not usually acknowledged by most lenders, a self certifying mortgage is a great choice.
Whereas most banks and lending institutions require very specific information about your income, a self cert mortgage allows you to state your own yearly earnings.
11/13/06 [ Self Cert Mortgage ]
Open Choice Mortgages Website Re-Aligned
Following a very successful 14 months online, Open Choice Mortgages website has received a mild makeover by original web design company Cameron Cain.
The makeover co-incides with OCM's transition to the Xaraya CMS and Web Development Framework.
09/11/06 [ OCM ]
Right to Buy Mortgage
Right to Buy Mortgages for UK Council Tenants just got a whole lot simpler with Open Choice Mortgages new 3 Step solution.
Right to Buy Made Simple makes buying your council owned home as easy as 1, 2, 3 - you just sit back relax while we do all the hard work.
02/02/06 [ Right to Buy Mortgage ]
Google Page Rank 4 awarded to Open Choice Mortgages!
In the recent Google Page Rank update, Open Choice Mortgages was awarded a Google Page Rank of 4 (PR4) beating all hopes and expectations for our 4 month old site!
11/07/05 [ OCM ]
Right To Buy
Right To Buy mortgage scheme special! Rates from 6.11% and up to 85% loan to value. NO RENT REFERENCES or proof of income required.
Up to £1,000 of CCJ’s accepted, provided there have been none issued in the last 6 months.
08/04/05 [ Right to Buy Mortgage ]
Base Rate Cut 1/4% to 4.5%
The Bank of England Monetary Policy Committee has cut the base lending interest rate 1/4% to 4.5% after months of speculation that a rate cut would come in August.
08/04/05 [ Interest Rate ]
Interest Rate Cut Too Close to Call
The week ahead is an important one for those with variable rate mortgages, as once again the Bank of England Monetary Policy Committee will meet and decide whether or not to impose a cut in the base interest rate.
07/31/05 [ Interest Rate ]
Base Rate Held
The Bank of England’s monetary policy committee voted to keep the base rate at 4.75% last week, despite pressure from business groups to cut interest rates following weak performance in the housing market and on the high street.
07/11/05 [ Interest Rate ]
Mortgage Rates Tumble
The Sunday Times ‘Money’ supplement July 3rd, 2005 writes:
Borrowers urged not to miss out as mortgage rates tumble
…Fixed rate mortgages are priced according to swap rates…[that] have started to tumble… This will put pressure on the Bank of England to cut interest rates sooner rather than later. A Reuters poll showed that nearly 40% of economists believe the first rate cut will come in August… the consensus was that there would be two rate cuts this year.
07/03/05 [ Interest Rate ]
Buy to Let Mortgage
As low as 3.99% fixed rate mortgage until 01/09/2007 at 85% loan to value. A typical example:
property value £180000 total borrowing £153000 and you only need a rental income to cover the mortgage payments of £510 pcm (100% of the monthly mortgage payments) APR 6.7%.
07/03/05 [ Buy to Let ]
Fixed Rate Adverse Credit Mortgage
Remortgage only, from as little as 5.65% untill 01/02/2009 with free valuation. This product does not incur any financial penalties at the end of scheme period if you decide to change lenders. You can even pay up to 10% of the outstanding balance on the amount you owe and the new balance and interest will be calculated immediately.
07/03/05 [ Mortgage ]
Open Choice Mortgages Website Re-Launched
Open Choice Mortgages‘ website is relaunched after an extensive web standards redesign by Cameron Cain Design that also includes a host of exciting new features such as this fantastic Open Choice Mortgage News section with RSS feeds that allow visitors to be automatically informed of news and mortgage deals as they are released.
07/03/05 [ OCM ]
