01st May 2008
Buying a house can be complicated enough, but trying to sort out which mortgage is best, what the different rates are, etc, can be like trying to pick your way through a minefield. That’s why using a mortgage broker is such a good idea, and one that mor...
30th April 2008
As well as the cost of getting a mortgage and buying a home, sometimes there are hidden costs that don’t become apparent until after the purchase of your new home ahs been agreed, or the price set with the seller. These hidden costs are usually in the w...
30th April 2008
With buying a house the biggest single financial outlay you’re likely to make in your life, making sure you get the right mortgage for you is extremely important. However, with a little bit of forward planning and some research, as well as making use of...
27th April 2008
With the price of the average home in the UK now standing at around a staggering £230,000, according to the Land Registry of England & Wales, getting onto the property ladder is becoming increasingly difficult. With most mortgages only allowing you to bo...
27th April 2008
Although most people would relate a mortgage to buying a home, they can also be used to buy a property that will be used by a company as a workplace. This can be for either business or commercial use, so it doesn’t matter if it’s for a shop, salon or ...
27th April 2008
One of the most confusing parts of getting a mortgage and buying your own home can be the interest rates. From the myriad of choices available to how the interest is actually worked our, it can quickly become confusing if you’re not sure what it all mea...
16th April 2008
If you suffer from bad credit and need to apply for an adverse credit mortgage product it does not mean that you will automatically need to use the services of a broker who will charge a hefty fee when helping you apply for a home loan. There are other op...
25th February 2008
A capped rate mortgage has an interest rate that cannot rise above a pre-determined level for a specified period of time. After the capped rate period expires, the interest rate of the mortgage reverts to the lender’s Standard Variable Rate (SVR).
A ...
05th February 2008
While mortgage brokers need to be registered with the Financial Services Authority in order to advise clients on residential mortgages, no such rule exists for buy-to-let mortgages.
This is because buy-to-let mortgages are regarded as commercial loans ...
05th February 2008
After a long period of low interest rates, soft lending criteria, and a strong property market, UK mortgage products have enjoyed a period of prosperity as never before. However, several incidents have occurred recently which have thrown the market into d...
05th February 2008
The sub-prime mortgage crises has claimed several scalps in the US but has so far failed to heavily affect the rest of the world. It is safe to say, however, that mortgage industry analysts are waiting with bated breath to see whether the UK financial mar...
04th February 2008
Selling your home privately can be an excellent way of saving on costs. Selling a property can attract a number of costs that can be difficult to cope with when combined together meaning that sellers may opt for a private sale in order to save money.
T...
25th January 2008
On face value it can appear as though selling your home privately does not make financial sense. This is particularly the case where you are offered a price that represents a large discount off the price you wish to achieve on the open market.
However,...
25th January 2008
If you have decided to sell your house privately and avoid the hassle and expense of employing an estate agent you may need to give your home a makeover first. Selling your home by yourself can be a great idea however it may require a through clean and so...
24th January 2008
Interest only mortgages allow borrowers to reduce their monthly mortgage payments by only paying interest on the outstanding loan balance.
Capital repayments are not made on a monthly basis with interest only mortgages. Instead, the payment of the capi...
