News

That’s a good question, as I am sure there are many excellent mortgage companies offering good advice and a good service! At Westexe Mortgages, above all else we pride ourselves on offering a personal service that is second to none. We are not a multi national who will treat you as only a number and […]

Peter Marriott

The clock is ticking on when interest rates will rise. The report below has some good news and some bad news, it seems that wages are rising and inflation is falling. But rate rises are seeming imminent, which will mean mortgage costs rising for all those on variable rate and tracker rate mortgages. Once again, […]

Peter Marriott

The average five-year fixed rate has fallen to 3.43%, a joint record-low which was last seen in October 2017, according to Moneyfacts data. The fall in rates has been attributed to attempts to attract borrowers who will be considering remortgaging after taking out two-year fixed rates ahead of the stamp duty changes in April 2016. […]

Peter Marriott

The gap between buying and renting has widened significantly, primarily driven by a reduction in mortgage rates. Data shows that the average cost including mortgage payments of buying a three-bed home in the UK was £679 a month in December 2017, compared to the average monthly rent of £754 for the same property type. The […]

Peter Marriott

Mortgage Alert!

15Feb 2018

Homeowners could face a £500 increase in their mortgage bills this year, experts warn. Banks and Building Societies have started pulling their best deals after the Bank of England last week signalled the end of low interest rates. Experts believe the Bank will be forced to increase rates from 0.5% to 1.0% by the end […]

Peter Marriott

After the latest comments from the Bank of England, financial analysts think a rise in the Bank’s base rate from 0.5% to 0.75% in May has become much more likely, with another one expected to follow in the Autumn. At least four million households with variable or tracker rate mortgages are likely to see their […]

Neil Davey

Westexe Mortgages are able to offer mortgage deals that are not found on the high street; Mortgages and re-mortgages up to 6 times income Contractors from day 1 of start of contract Lenders who do not credit score Self employed and company directors with only 1 years accounts (minimum 1 years self-employment) Applicants with a poor […]

Peter Marriott

Choosing the right solicitor for your mortgage transaction can make all the difference for a speedy and uncomplicated purchase or re-mortgage. Westexe have been involved in numerous mortgage transactions for over 40 years and we have experienced good and bad solicitors during this time. Our clients have dealt with large and smaller firms during this […]

Peter Marriott

Frightening statistics have just been published by Scottish Widows Bank after extensive research. One in eight retiree’s, equating to over 1 million people, will be renting by 2032 – treble today’s figure. It’s data shows that over 50’s renters are not saving anywhere near enough to cover their rental costs in retirement, leaving a £43 […]

Peter Marriott

It’s easy for me to say “come to Westexe and we will find you the best deal”, which of course we will. But shopping around to find the deal that suits you can be very time consuming, often resulting in confusion. There are many mortgage lenders offering thousands of products which can vary a lot. […]

Peter Marriott

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