Mortgage Expo 2011

Friday 20th May saw us attending the Mortgage Expo at Old Trafford. Unless I'm much mistaken this was the first such event since 2008, so the very fact it happened must mean lenders are finally wanting to lend again!
There were a number of lenders represented, from High Street brands such as Santander and Natwest, to more specialist lenders like Aldermore, Kensington and Platform. All were very keen to push their brand and stress how they are open for business.
There were also a number of interesting seminars with the Sales Directors from Nationwide, Barclays and others making presentations. The most important message from these sessions seemed to be that it is now the Risk Managers running the banks, explaining their very low-risk lending attitude. It was made clear that this is not about to end soon, and that total mortgage lending this year may be even smaller than the record low of £140Bn in 2010.

However, the most important outcome of the visit was our ability to negotiate a £199 fixed conveyancing fee, through our favoured conveyancing firm, for all of our clients purchasing a house. This is an amazing deal, especially considering that the provider is a top-class solicitor, so we will be trying to make this available to all our purchasers asap as it won't last forever.

We have moved

Sturley Mortgages is delighted to announce our move into new premises in Macclesfield with our colleagues at Bradshaw Bennett Independent Financial Advisers Ltd.
Our new address and phone numbers are now on our website, we would be delighted to hear from you!