Nicola from @dm.mortgage joins me to discuss how first-time buyers and people remortgaging can secure lower mortgage rates. She offers tips on how to reduce monthly mortgage costs and how to manoeuvre in the current housing and mortgage markets.
We also discuss the Bank of England base rate and what’s likely to happen to it next; how mortgage rates have changed over the last six weeks, since my last mortgage market update video; and have a look at general trends in the housing and mortgage markets.
CONTACT DETAILS
Email: lemuelstudios@gmail.com
Instagram: @SelfInvested_UK
Twitter: @InvestedSelf
LINKS MENTIONED/USED
Nicola McKenzie (DM Mortgages)
Website: dm.mortgage/
RU-vid: ru-vid.com
Instagram: @DMMortgages
TikTok: @DMMortgages
OTHER PLAYLISTS
My Shared Ownership Experience (series) - ru-vid.com/group/PLUG_SDz9gLQKqInQrRbCC21S4pZpp4JrN
Shared Ownership - ru-vid.com/group/PLUG_SDz9gLQI3lKk_GIxi9Kgn_GeCaDDp
Help to Buy Equity Loan - ru-vid.com/group/PLUG_SDz9gLQJIBs_0uHERF90GRFLamKv_
CHAPTERS
Intro 00:00
Who is Nicola McKenzie? 02:19
Bank of England base rate predictions 06:09
Current mortgage rates 07:30
Mortgage market trends 09:48
Agreement in principle 12:19
Tips for people remortgaging 16:12
Variable rate vs Fixed rate 20:23
Housing market observations 24:56
Reducing monthly mortgage costs 30:05
Final thoughts/tips 34:00
Outro 37:10
ABOUT ME
I'm Lemuel. I'm not a financial advisor. I'm not an expert. I'm just a regular guy that enjoys talking about how we can do better with money.
If you want to learn more about how you can do better with money, then subscribe to the channel and hit the notification bell so you get an alert whenever I upload a video.
DISCLAIMER
This video is not meant to address the specific circumstances of any particular individual. It is created for educational purposes only. You should not rely upon it as legal, financial or professional advice, or a substitute for it. I do not accept any liability whatsoever for errors, omissions or misstatements contained therein. You should consult a suitably qualified professional if you require specific advice or information.
22 сен 2022
