08th October 2007
There has been a lot of talk recently about the difficulty that those seeking to buy a property for the first time are having doing so. This reflects continued growth in house prices which has outstripped growth in incomes.Lenders have been doing their bi...
05th October 2007
There has been a huge amount of press coverage in the past few weeks about worries over mortgage lending. This has culminated in the news that the Bank of England has now provided short term funding to a second well known lender and made provisions for ...
12th September 2007
What should you do when you are looking for your first mortgage?Looking for your first mortgage can seem like a daunting task but it needn’t be. There is a wealth of information available about mortgages online which can help you understand the differen...
03rd September 2007
Should I Buy or Should I Rent?
A regularly asked question is “is it better to rent your house or to buy it?”. Very often this question actually translates into “is it cheaper to buy than to rent?” The fact is that these are different questions...
03rd September 2007
If you are a homeowner looking to limit the effects of rising mortgage rates you should make sure you consider discount-rates as well as fixed-rates. Whilst fixed-rate mortgages give people certainty of payment, they may not have the cheapest cost over th...
03rd September 2007
Fixed rate mortgages are mortgages where the monthly payments stay the same for the period of the mortgage deal. Many borrowers like this type of mortgage because it gives them certainty over their monthly paymentsfor the period of the deal. Others are at...
26th August 2007
The recent turmoil in the world stock markets has been driven by concerns over problems in the US sub-prime market, which specialises in lending to people with poor or no credit history.
Defaults on sub-prime loans have increased significantly, causin...
