Wilson Nesbitt News & Updates

Interest rates remain frozen after MPC monthly vote

Interest rates remain frozen after MPC monthly vote

By Natasha Adamson As expected, the Monetary Policy Committee (MPC) has voted to continue the rate freeze at 0.5 per cent, though the minutes of the meeting will reveal whether there... Read more

Young property purchasers urged to get finances in order

Young would-be property purchasers are being urged to "seize control of their financial situation to get themselves in the best possible shape" before applying for a mortgage. Figures released by the... Read more

Mortgage approvals increase for first time in 5 months

By Christine Farrell The number of new mortgage application approvals increased in June for the first time in five months, albeit with a fairly modest lift of 4 per cent compared... Read more

Self Assessment payment deadline looms

Many individual taxpayers in Northern Ireland and the rest of the UK will have recently received a self assessment statement from HMRC. This statement will usually have a payslip attached to... Read more

Mortgage borrowers need to prepare for end of interest rate holiday

By Lauren Burns A new study considers that millions of mortgage borrowers in Northern Ireland and the rest of the UK are not prepared for the impact of higher interest rates,... Read more

Report considers why medical negligence complaints doubled

By Gillian Crotty A new report looks at why medical negligence claims and other complaints against doctors doubled over a five year period, and suggests that the increase is due to... Read more

Remortgagors heed rate increase warnings and choose to fix

Existing homeowners remortgaging their property have historically been more willing to take their chances with variable rate mortgage products compared to new property purchasers, but data from June suggests that... Read more

10 year wait for Northern Ireland property price recovery

By Christine Farrell It has been estimated that it could take ten years for Northern Ireland property prices to climb back to the same levels they were at before the property... Read more

97 pc of NI repossession sales result in mortgage shortfall

By Michelle Rock Almost all sales (97 per cent) of repossessed properties in Northern Ireland resulted in a shortfall which is still owed by the mortgage borrower to the lender even... Read more

Fear of rates rises draws borrowers to fixed rate mortgages

By Natasha Adamson New mortgage borrowers are being drawn to fixed rate mortgage products because of fears of future increase rate rises, according to Moneyfacts. There are over 2,000 different fixed rate... Read more