Tag Archive for: North East Mortgage Broker

What is your job role?

Director & Mortgage Adviser

What is your favourite meal to cook?

So many to choose from! I am a massive fan of a one-pot dish (limited washing up!) so something like a chicken, ham & leek pie would be up there as a favourite.

If you suddenly had 25 hour days, how would you use your extra time?

See more of my daughter and sleep longer!

If you had to play one album forever, what would it be?

Something upbeat and timeless. Tina Turner would have to be up there for Proud Mary alone.

Of all the places you’ve travelled to, what was your favourite and why?

Lapland with the family. Meeting Santa Claus in his home with my daughter was truly magical.

What is your favourite family tradition?

Watching The Muppets Christmas Carol on Christmas Eve as a family – love it!

What do you enjoy most about your job?

Helping dreams come true – to be part of that journey with a client is a real honour.

What is something you find challenging about your work?

Paperwork and lack of time to get it done. Being regulated means there is so much to be done behind the scenes which is often challenging.

First-time buyers with 95% LTV mortgage

The first lender to offer 95% loan-to-value mortgages since the start of the pandemic is launching a new deal.

Accord Mortgages has announced its new product will be exclusively available to first-time buyers and that they are not using the government’s mortgage guarantee scheme for this deal, which was announced in the Budget earlier this month.

And the good news is, as an independent mortgage broker, Co-Navigate can offer this deal to qualifying first-time buyers.

Along with the government’s scheme, introducing the 95% LTV mortgages helps first-time buyers get a foot on the property ladder.

What is a 95% LTV mortgage?

A mortgage described as 95% LTV means that the loan is 95% of a property’s price, or value. For example, if you were buying a house worth £200,000 with such a mortgage, you would put down £10,000 of your own money as a deposit and borrow the remaining £190,000.

When the first lockdown of the pandemic was announced almost a year ago, lenders withdrew 95% LTV mortgages. Prior to lockdown there were more than 390 of these mortgage deals available, according to data from Moneyfacts.

If you are a first-time buyer looking for a mortgage, then contact us for a consultation. Although based in Newcastle, we can meet you online no matter where you are, so get in touch today.