http://www.openchoicemortgages.co.uk/mortgage_news The latest mortgage deals and financial news you need to know Mon, 29 Jan 2007 01:29:11 +0000 http://backend.userland.com/rss092 en Right to Buy Mortgages for UK Council Tenants just got a whole lot simpler with Open Choice Mortgages new 3 Step all-in-one solution that makes buying your council owned home as easy as 1, 2, 3. Simply sign our terms of service, then sit back and relax while we purchase your ... http://www.openchoicemortgages.co.uk/mortgage_news/2006/02/02/right-to-buy/ 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! David Ford, Principal:That’s brilliant, and just goes to show what a well designed and regularly maintained website can achieve in such ... http://www.openchoicemortgages.co.uk/mortgage_news/2005/11/07/google-page-rank-4-awarded-to-open-choice-mortgages/ 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. Last week Open Choice Mortgage News reported a cut ‘too close to call’ given the recent rally in the World Economy ... http://www.openchoicemortgages.co.uk/mortgage_news/2005/08/04/base-rate-cut-14-to-45/ 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. To take advantage of this great offer, telephone ... http://www.openchoicemortgages.co.uk/mortgage_news/2005/08/04/right-to-buy-mortgage/ 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. Many economists believe that a cut is the clear choice, given the ... http://www.openchoicemortgages.co.uk/mortgage_news/2005/07/31/interest-rate-cut-too-close-to-call/ 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. However, many economists still believe interest rates will fall, some saying the ... http://www.openchoicemortgages.co.uk/mortgage_news/2005/07/11/base-rate-held/ 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 ... http://www.openchoicemortgages.co.uk/mortgage_news/2005/07/03/mortgage-rates-tumble/ 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%. http://www.openchoicemortgages.co.uk/mortgage_news/2005/07/03/buy-to-let-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 ... http://www.openchoicemortgages.co.uk/mortgage_news/2005/07/03/adverse-credit-fixed-rate-mortgage/ 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 ... http://www.openchoicemortgages.co.uk/mortgage_news/2005/07/03/open-choice-mortgages-website-re-launched/