Dimora Mortgages

📢 Autumn Budget 2024: Key Takeaways for Homeowners and Property Investors! 📢 Curious about how the latest budget could impact your property goals? Here’s a quick rundown: 1️⃣ Living Wage Boost 📈 – Minimum wage for over-21s to increase to £12.21 in April, while 18-20-year-olds will see a rise to £10. For lower-income households, this could mean better mortgage affordability! 🏠 2️⃣ Economic Forecasts & Interest Rates 💷 – The OBR suggests growth ahead, but that could keep interest rates from falling fast. A key factor for anyone with variable rates or considering a new mortgage! 3️⃣ Stamp Duty Hike for Buy-to-Let 🏢 – Bad news for buy-to-let investors: second property stamp duty is going up to 5%. This may shift some investors' plans on expanding their portfolios. 4️⃣ Capital Gains Tax Update 📊 – No change for residential property, but CGT on non-residential assets will jump from 10% to 18% (basic rate) and 20% to 24% (higher rate). Good news for landlords exiting the market! 👋 5️⃣ Government Investment in Housing 🏗️ – £5bn pledged to support housing supply, including £3.1bn for the Affordable Homes Programme. Could this boost local development? Stay informed and make wise choices as the market evolves! Reach out if you’d like guidance on navigating these changes in your mortgage journey. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE. #budget #houseing #mortgages #buytolet

When you're on a house viewing and they have Live, Love, Laugh on the wall... We're not here to judge, we've all been there with the "shabby chic" era.🙈 #livelovelaugh #interior #firsthome #property #newhome #decor #mortgages

Get a mortgage quote in less than 2 minutes! 🏡✨ Dimora's new mortgage tool makes it easy to see what your monthly payments could look like without any hassle. Just pop in a few details and get an indicative quote instantly! 📱💨 🔍 Curious about stamp duty costs? Our tool has got that covered too. Plus, you can explore how overpaying your mortgage could save you money. It's all in one place to help you make informed decisions on your property journey. 🏠💷 Why wait? Try it for yourself today at https://lnkd.in/emP4tsRz. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. #MortgageQuote #PropertyPurchase #UKMortgage #StampDuty #HomeOwnership #DimoraMortgages #FinancialPlanning #MortgageAdvice #UKPropertyMarket

🏦 How low will the base rate go in 2025? With inflation finally easing below the Bank of England's 2% target, the next big question is: Will interest rates fall soon? Economists are predicting a base rate drop as low as 2.75% by the end of 2025. While this could mean good news for mortgages, don’t rush! 📉 Predictions often change, and lenders look at long-term trends. If you're waiting for a rate dip to make your move, it might be time to chat with a mortgage adviser for some expert guidance. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

💸 Are you paying the mortgage loyalty penalty?💸 Sticking with your current bank for your mortgage might seem convenient, but it could be costing you thousands over time. Research shows many homeowners are staying with their lender out of loyalty, yet missing out on better deals elsewhere. Even a small difference in interest rates—just 0.5%—could add up to £65 more per month or £1,560over 2 years! 😱 With over thousands of deals available, a mortgage broker can help you find the match tailored to your needs and save you money in the long run. 🏠💼 YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Another 5 ⭐ Review for Holly 👏 Most importantly, one happy customer who has received a far better experience with us. 🏠 YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

When you buy a Tesla Bot to handle the jobs we all dread... 🤖 Waiting on hold to solicitors and mortgage lenders is a prime example! Think of all the hours lost to hold music 🎶—one more reason to let a broker step in and save you from the endless loop of the same tune. We take care of it, so you don’t have to! 🙌 YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE. #MortgageBroker #MortgageAdvice #UKMortgages #MortgageTips #PropertyMarket #HomeBuying #StressFree

🏡 5 Biggest Mortgage Mistakes (and How to Avoid Them!) 🏡 Preparing for your first mortgage? Don’t let these common mistakes hold you back: 1️⃣ Not getting a Decision in Principle - Without this, estate agents might not take you seriously, and your offers could be overlooked! 2️⃣ Not reviewing your credit report early enough - Your credit history matters! Spot and fix issues before applying. 3️⃣ Failing to budget for all costs - A deposit isn’t enough! Consider broker fees, solicitor fees, surveys, and stamp duty. 4️⃣ Submitting incomplete or inaccurate information - Incomplete documents can delay or even decline your application. 5️⃣ Changing your financial circumstances mid-application - Avoid new debts or missed payments until your mortgage is finalised. Start your journey right and avoid these pitfalls! 💡 YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE. #MortgageTips #FirstTimeBuyer

🏡 Inflation Slows to 1.7% – What Does It Mean for Your Mortgage? 📉 Inflation has dropped to 1.7%, the lowest level we've seen in over three years! This is below the predicted 1.9% and well under the Bank of England's 2% target. The major factors behind the decrease? Falling prices for motor fuels and airfares ✈️. With inflation having peaked at 11.1% in October 2022, it's taken nearly two years to reach this point. As attention shifts to the Bank of England's next base rate decision on 7th November, could further rate cuts be on the cards? 🤔 If inflation continues on this downward path, it could be great news for mortgage rates. Lower inflation boosts lender confidence, potentially leading to more favourable mortgage deals as we approach the end of 2024. Source: ONS, CNBC & FT YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. #Inflation #MortgageRates #UKProperty #InterestRates #BankOfEngland #HomeBuying #FinancialUpdate #MortgageTips #UKHousingMarket

What it feels like when you apply for a mortgage the first time... It may feel like your mortgage broker/adviser asks a tonnes of questions, but when mortgage lenders are agreeing lend large sums of money they will want to know all about your finances. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.