http://www.wilson-nesbitt.com/articles/ Wilson Nesbitt Solicitors - Lender Services News RSS feed en-gb email@wilson-nesbitt.co.uk info@flamegreen.com 30 http://www.wilson-nesbitt.com/articles/804/06062008/supply_and_affordability_%22challenges%22_for_borrowers_in_northern_ireland.html The Council of Mortgage Lenders (CML) has said that the greatest challenge facing borrowers in Northern Ireland remains the affordability and supply of housing in the province.Solicitors are unable to carry out housing transactions if, as the CML reports, people in Northern Ireland are unable to... Fri, 6 Jun 2008 13:41:00 BST http://www.wilson-nesbitt.com/articles/683/31032008/growth_fund_set_up_for_smes.html One major bank is showing its confidence in Northern Ireland's small businesses by setting up a fund dedicated to providing money to promote growth. Bank of Scotland (Ireland) is to establish a £350 million SME Expansion Fund, which will provide loans on an all-Ireland basis.... Mon, 31 Mar 2008 16:08:29 BST http://www.wilson-nesbitt.com/articles/646/04032008/fall_of_100%25_mortgage_bad_for_ftbs.html Solicitors are even less likely to see first-time buyers (FTBs) in Belfast and Northern Ireland able to afford a mortgage now that 100 per cent-plus deals are disappearing.With house prices in Belfast and Northern Ireland spiralling out of control last year, one of the methods that solicitors saw... Tue, 4 Mar 2008 12:30:00 GMT http://www.wilson-nesbitt.com/articles/647/04032008/mortgage_holders_feel_out-of-control.html Solicitors in Belfast and Northern Ireland could be forced to pursue more mortgage holders for debt this year, as many admit that they feel out-of-control of their repayments.According to the Financial Services Authority (FSA), one out of five people in Britain and Northern Ireland who have a... Tue, 4 Mar 2008 12:30:00 GMT http://www.wilson-nesbitt.com/articles/603/06022008/professionals_offered_more_in_a_mortgage.html While solicitors in Belfast and Northern Ireland will see many clients struggling to get onto the property ladder due to high house prices and tighter lending, solicitors themselves are favoured by mortgage firms. Doctors, dentists, accountants and solicitors in Belfast and Northern Ireland will... Wed, 6 Feb 2008 12:30:00 GMT http://www.wilson-nesbitt.com/articles/600/05022008/lenders_still_supporting_new_buyers.html After the global credit crunch has seen mortgage lenders withdrawing some of their products, experts say it may not be the case that solicitors in Belfast and Northern Ireland will not see any new clients looking to purchase a home.Despite the fact that solicitors in Belfast and Northern Ireland... Tue, 5 Feb 2008 18:00:00 GMT http://www.wilson-nesbitt.com/articles/589/30012008/student_debt_wont_restrict_ftbs.html Solicitors in Belfast and Northern Ireland are unlikely to see any drop in the number of students purchasing property, after experts have reassured graduates that owing universities money will not ruin their credit.Currently solicitors in Belfast and Northern Ireland can arrange for clients to... Wed, 30 Jan 2008 13:30:00 GMT http://www.wilson-nesbitt.com/articles/574/22012008/more_homes_for_first-time_buyers.html Solicitors in Belfast and Northern Ireland should see more first-time buyers come through their doors after extra money has been made available to build affordable homes.However solicitors are likely to see clients purchasing property with strangers from elsewhere in Belfast and Northern Ireland... Tue, 22 Jan 2008 13:15:00 GMT http://www.wilson-nesbitt.com/articles/551/09012008/mortgage_payments_rise_by_20%25.html Clients of solicitors in Belfast and Northern Ireland will have seen an extra £135 on their monthly mortgage repayments, as borrowing has been shown to cost 20 per cent more than two years ago.According to figures from the Bank of England, for a homeowner in Belfast or Northern Ireland,... Wed, 9 Jan 2008 12:00:00 GMT http://www.wilson-nesbitt.com/articles/536/28122007/joint_mortgages_offer_a_helping_hand.html Solicitors in Northern Ireland could see more people splitting their mortgage between two or more parties, as experts say this may be the only way for first-time buyers to get onto the property ladder.According to Nationwide building society, a joint mortgage could be cheaper for first-time... Fri, 28 Dec 2007 12:00:00 GMT http://www.wilson-nesbitt.com/articles/537/28122007/let-to-buy_mortgages_suit_slowing_market.html Solicitors in Belfast and Northern Ireland could see more people taking out let-to-buy mortgages, as industry experts have claimed they are useful when the housing market is slow.As property prices slow down, without nosediving, in the Northern Ireland market, many sellers could find it difficult... Fri, 28 Dec 2007 12:00:00 GMT http://www.wilson-nesbitt.com/articles/495/06122007/commercial_mortgage_not_only_option.html Small businesses buying a commercial property in Northern Ireland should visit their solicitors for advice on funding, as a commercial mortgage is not the only answer, experts have claimed.Northern Ireland solicitors could see clients using a whole range of options to fund their commercial... Thu, 6 Dec 2007 17:00:00 GMT http://www.wilson-nesbitt.com/articles/493/05122007/housing_slowdown_not_helping_ftbs.html Although a slowdown in the property market will provide "some opportunities" for buyers, solicitors in Northern Ireland are unlikely to see first-time buyers (FTBs) benefiting, according to experts.Although the choice of properties in Belfast and Northern Ireland means... Wed, 5 Dec 2007 17:30:00 GMT http://www.wilson-nesbitt.com/articles/483/03122007/lenders_seek_rate_cut.html Lenders in Britain and Northern Ireland are calling on the Bank of England's monetary policy committee (MPC) to introduce a cut in interest rates. Solicitors in Northern Ireland have seen something of a slowdown in the number of new buyers coming through their doors in recent months, as the... Mon, 3 Dec 2007 17:15:00 GMT http://www.wilson-nesbitt.com/articles/466/23112007/credit_crunch_squeezes_lending_market.html Solicitors in Northern Ireland may see fewer clients who are taking out adverse credit mortgages, after lenders have tightened their lending criteria or withdrawn mortgages for those with an impaired credit history altogether.However, forecasting a five per cent drop in the interest rate by... Fri, 23 Nov 2007 16:00:00 GMT http://www.wilson-nesbitt.com/articles/461/21112007/buy-to-let_not_as_doomed_as_thought.html Northern Ireland solicitors who worried that landlords would be put off purchasing property due to some analysts predicting a gloomy future for the buy-to-let market may have their fears allayed after all.According to comments from the Building Societies Association (BSA), although making a... Wed, 21 Nov 2007 14:00:00 GMT http://www.wilson-nesbitt.com/articles/454/15112007/experts_urge_mortgage-payers_to_shop_around.html Financial advisors have urged people in Britain and Northern Ireland to consider switching their mortgage provider, after a survey revealed that many borrowers had never reviewed their deal.A poll by mform revealed that 40 per cent of mortgage borrowers have never changed their lender, while a... Thu, 15 Nov 2007 16:10:42 GMT http://www.wilson-nesbitt.com/articles/451/13112007/first-time_buyers_enjoy_gap_in_housing_market.html Solicitors in Northern Ireland may see a rush of first-time buyers squeezing onto the property ladder, as estate agents claim that the market is prime for new buyers in the province. David Cairns, at the Eric Cairns Partnership, told the Belfast Telegraph: "The Bank of England has... Tue, 13 Nov 2007 13:45:00 GMT http://www.wilson-nesbitt.com/articles/452/13112007/ni_housing_market_sees_battles.html The chaotic situation in the province's property market means that Northern Ireland's solicitors will witness an increasing number of people turning to underhand methods to secure the best deals.While during the past 18 months, solicitors in Northern Ireland had to complete many new... Tue, 13 Nov 2007 13:45:00 GMT http://www.wilson-nesbitt.com/articles/433/30102007/affordable_mortgage_most_important_for_buyers.html The most savvy property buyers that solicitors in Northern Ireland will see will have chosen a mortgage that they can afford, as financial advisers Key Financial Consultants has said this is the most important aspect when buying a home.According to the company, the recent slowdown in property... Tue, 30 Oct 2007 17:45:00 GMT http://www.wilson-nesbitt.com/articles/429/29102007/curtailing_of_mortgages_wont_affect_house_prices.html Despite the fact that a number of lenders have withdrawn mortgage products from the market, solicitors in Northern Ireland are unlikely to find that their clients report any change in property prices directly attributable to this.Moneyfacts website has reported that the number of overall... Mon, 29 Oct 2007 13:30:00 GMT http://www.wilson-nesbitt.com/articles/421/22102007/co-buying_a_solution_to_the_first_rung.html Solicitors in Northern Ireland may see an increasing number of strange alliances coming to them for conveyancing services, as co-buying becomes a more popular method for single first-time buyers to get onto the property ladder. Spokesperson for Coy-BuyWithMe website Andy Michaels said:... Mon, 22 Oct 2007 12:25:00 BST http://www.wilson-nesbitt.com/articles/417/17102007/self-cert_borrowers_should_seek_advice.html Self-employed people in Northern Ireland who want to take out a mortgage but have no proof of fixed income could benefit from a self-cert mortgage, but should always visit solicitors for advice before taking up a deal.Mortgage advisory company Alexander Hall said that a self-cert mortgage is an... Wed, 17 Oct 2007 16:45:00 BST http://www.wilson-nesbitt.com/articles/415/17102007/buy-to-let_investors_must_be_mad.html Solicitors in Northern Ireland could see fewer buy-to-let investors, unless they are very wealthy, as the interest rate precludes landlords making a decent profit, experts warn.According to Firstrung, landlords in Britain and Northern Ireland can only hope to cover their mortgage repayment costs... Wed, 17 Oct 2007 13:45:00 BST http://www.wilson-nesbitt.com/articles/413/16102007/property_developer_tempts_buyers_with_free_car.html Solicitors in Northern Ireland will have noticed a big drop in the number of people buying property in the province, and it appears that property developers are feeling the squeeze so much that one is giving away a brand new car to buyers. According to the Belfast Telegraph, property developer... Tue, 16 Oct 2007 13:15:00 BST http://www.wilson-nesbitt.com/articles/407/11102007/ni_mortgage_lending_tails_off.html The number of new mortgages being taken out in Northern Ireland has dropped quite dramatically the BBC reports, which points to the final cooling of the housing market. According to the Council of Mortgage Lenders (CML), the number of new mortgages, not including re-mortgaging deals, has dropped... Thu, 11 Oct 2007 12:30:00 BST http://www.wilson-nesbitt.com/articles/395/03102007/record-breaking_rent_good_news_for_landlords.html Solicitors in Northern Ireland are likely to see more landlords needing legal advice on commercial property as spiralling house prices in the province have forced more people to rent.Belfast solicitors in particular are likely to serve buy-to-let investors, as property prices in Belfast have... Wed, 3 Oct 2007 12:00:00 BST http://www.wilson-nesbitt.com/articles/384/28092007/property_developers_lend_buyers_a_hand.html Commercial property developers in Northern Ireland have offered to pay stamp duty and mortgage costs for first-time buyers, as an attempt to get them onto the property ladder.According to the Belfast Telegraph, a number of property developers are offering such incentives to lure new buyers into... Fri, 28 Sep 2007 12:00:00 BST http://www.wilson-nesbitt.com/articles/382/26092007/property_price_stagnation_predicted.html Solicitors in Northern Ireland may be seeing a few more first-time buyers for conveyancing services, as experts predict that prices in the housing market are likely to stagnate over the next few months.According to the Northern Ireland Housing Executive (NIHE), it would be impossible for house... Wed, 26 Sep 2007 16:00:00 BST http://www.wilson-nesbitt.com/articles/376/24092007/buy-to-let_gaining_strength.html Given the fact that property prices in Northern Ireland have continued to remain high, solicitors are more likely to see commercial property investors than new buyers for conveyancing services.According to the quarterly index from the Association of Residential Letting Agents (Arla), low-cost... Mon, 24 Sep 2007 13:45:00 BST