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24th September 2009
To fix or not to fix? It is a question that many potential homeowners have no doubt pondered recently. The ship which sees many borrowers paying next to no interest on their repayments has long sailed, but with predictions of the base rate not reaching fo... Read >
Author: Graeme Knights24th September 2009
The mortgage market is in a mess at the moment as we are held to ransom by the main banks that are resisting lending so they may increase the amount of cash they hold. The market is very uncompetitive at the moment therefore remortgages are difficult as d... Read >
Author: DTM11th September 2009
If you're a homeowner on a tracker mortgage, you'll be feeling pretty pleased with yourself right now.
The Bank of England's Monetary Policy Committee has slashed the base rate from 5% in October to a record low of just 0.5%. If you've got a £150,000 ... Read >
Author: MarkeD02nd September 2009
Over the most recent few months it has been hard to clarify what is suitable for those looking for home loans. The base rate has been at the historical low of only half a per cent since Februaury this year. Scores of people have gone for right to buy mort... Read >
Author: Sarkin28th August 2009
The advice from the Boe’s quarterly report that interest rates will probably stay at their record low of half a per cent for some time to come. Therefore if you want the best rate for your mortgage deal then looking for a tracker mortgage deal is going ... Read >
Author: DTM28th August 2009
The mortgage market is an interesting one at the moment. There is quite a spread of mortgage policies across the different types of mortgage products, showing that finding the best mortgage deals can be first of all difficult to determine which are. About... Read >
Author: DTM29th April 2009
Fixed rate remortgages is now the time to get a new deal.
Over the last 2 years interest rates in the UK have fallen from a high of 6% down to an unbelievable 0.5%. This is the lowest rate in the four hundred years that the Bank of England have been in... Read >
Author: Sarkin07th April 2009
The economy is in trouble - but that doesn't mean your personal finances have to be. Asking the right questions is the first step in ensuring your finances are secure.
Here are just a few of the points you should be considering:
Your Mortgage
If ... Read >
Author: Gareth Flanagan17th March 2009
With houses prices falling all over the world are world property prices good for the UK? This is becoming a real benefit for people who have the money and want to buy. A resent survey has revealed that house prices have fell all over the world as the rece... Read >
Author: sam lowe10th March 2009
With so many variations of mortgages on the market it can be daunting for first time buyers and could mean they choose a mortgage which isn’t suited for them.
A tracker mortgage is worthwhile inquiring about with the current market conditions. A tra... Read >
Author: DTM21st January 2009
Fixed-Rate Mortgages
Fixed-rate mortgages are those which offer to borrow you the money and keep the same interest rate throughout the whole of the repayment period. These can be extremely useful in an unstable climate, however they are now beginning to... Read >
Author: Rachael051808th January 2009
All that we’ve heard all year has been how irresponsible banks in the United States of America have been dishing out mortgages to people who had no hope of repaying or affording in the first place. Now as we head into a new year with global banking str... Read >
Author: Andy Adams08th December 2008
The UK’s biggest building society has announced on Thursday it will pass on the full one percentage point cut for existing tracker customers. RBS/Natwest also said on Friday that they would be cutting their mortgages by 0.75 of a percentage point. The g... Read >
Author: cborthwick927th November 2008
A shock result from the Bank of England as they cut interest rates by one-and-a-half percentage points, the lowest base rate since 1955.
Initially the news was welcomed by millions of homeowners as they have been struggling with high mortgage repayment... Read >
Author: cborthwick927th October 2008
Economists in the UK are expecting the average price of a house to plummet by a staggering £65,000 in the next 12 months. The 35% drop is the worst ever seen in the UK, and looks set to plunge thousands of homeowners into negative equity.
Negative equ... Read >
Author: Jay Tillotson05th September 2008
House prices have now fallen for ten months consecutively, dropping by 10.3 per cent since the beginning of this year.
The average property price now stands at £164,654 after having almost £20,000 wiped off its value. In the last year property values... Read >
Author: cborthwick922nd August 2008
The most common reason for people looking to refinance their mortgage is to find a cheaper interest rate than the one they are paying with their current mortgage provider. The mortgage market is competitive and there are deals to be found if you look at w... Read >
Author: Pete Crawford29th April 2008
Flexible Tracker Mortgages, simply put, is a flexible mortgage plus a tracker mortgage. That is, it is a mortgage deal which combines the features of both flexible and tracker mortgage models.
The Flexible Part of the Deal
Flexible Tracker Mortgage... Read >
Author: Darren Banthorpe03rd April 2008
Recent reports have shown that consumers hoping to get a new mortgage or remortgage to a better deal are facing very bleak prospects, as more and more lenders take action to try and actively cut back on lending. A number of lenders have increased stringen... Read >
Author: Reno Charlton03rd April 2008
First time home buyers looking to enter the market would be well advised to allocate some time to mortgage comparison in order to ascertain a clear idea of exactly what options are available to them.
The current economic climate for 2008 has reduced the... Read >
Author: Rami Nseir03rd April 2008
First time home buyers looking to enter the market would be well advised to allocate some time to mortgage comparison in order to ascertain a clear idea of exactly what options are available to them.
The current economic climate for 2008 has reduced the... Read >
Author: Rami Nseir03rd April 2008
Offset Bank Accounts have been a huge success in the UK since they were launched in 1997. They work in a different way compared to traditional bank accounts – offsetting allows you to set your assets against your debts, so reducing the amount of interes... Read >
Author: Eve Carle03rd April 2008
The time had come for me to remortgage my house, and I had heard that a flexible tracker mortgage could be just what I needed because of my fluctuating income. The last time I had bought a mortgage, I was a plumber working for a plumbing company, and ther... Read >
Author: Sabine Bower03rd March 2008
Almost four times as many home owners would choose a fixed rate mortgage if they had to renew their mortgage tomorrow, with 10.3 million people saying they would fix and just 2.8 million saying they would choose a tracker mortgage this month, it has been ... Read >
Author: pmcindoe26th February 2008
Flexible tracker mortgages combine flexible repayment options with an interest rate that tracks the Bank of England Base Rate.
Flexible tracker mortgages offer several benefits to the borrower: you have financial freedom and control because you can ma... Read >
Author: Eugene Tyler11th February 2008
A leading mortgage lender has discovered that people are struggling to decide which option is better for them when it comes to deciding on a mortgage deal.
Borrowers are ending up confused about their choices, or are becoming more and more determined t... Read >
Author: Gill31st January 2008
Monthly repayments on interest-only mortgages can be on average one quarter cheaper a month than other mortgages and more and more first time buyers are opting for this type of home loan.
A monthly average of 7,000 first-time buyers took out a mortgage... Read >
Author: Abbi M Rouse21st October 2007
Buying a home in Orlando Florida can be difficult, not least because there are so many factors to consider before taking the plunge. Through ensuring that you pay careful attention to every last detail, you can be sure that won't end up out of pocket or u... Read >
Author: Doug Lasley08th 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... Read >
Author: Francis Ghiloni21st September 2007
Five interest rate hikes in less than a year have prompted a rush of remortgages as homeowners frantically search for cheaper options, rather than reverting to standard variable rate mortgages once their fixed rate deals expire. Since August 2006 the Bank... Read >
Author: Andrew Regan03rd August 2007
If you have decided to look for a mortgage, you may have originally assumed you had to go to your bank. Then perhaps someone advised you that you would be better going through a mortgage broker. But you may be hesitating because you don�t know what a m... Read >
Author: Robert Palmer05th July 2007
Tracker mortgages are one of the most common types of mortgage around, but they can be confusing if you are new to the mortgage world. Tracker mortgages have a number of benefits as well as dangers, and it pays to know about these before shopping around. ... Read >
Author: Peter Kenny11th April 2007
If you're using a mortgage to buy your home but are not sure which one will suit your needs best, read this handy guide to mortgage types in the UK. Taking out a mortgage has never been easier.
Fixed Rate Mortgages - the lender will set the APR (Annual... Read >
Author: Carol Jameson15th November 2006
Tracker mortgages are one of the most common types of mortgage around, but they can be confusing if you are new to the mortgage world. Tracker mortgages have a number of benefits as well as dangers, and it pays to know about these before shopping around... Read >
Author: Peter Kenny03rd June 2006
How well do you know the money market? A tracker rate mortgage has a variable rate, usually a set percentage above or below the Bank of England's base rate. The arrangement is for a specified period of time, generally the first few years of your mortgage.... Read >
Author: Joseph Kenny12th March 2006
Types of Interest Rate
You have researched into all the different mortgage types and found a suitable one for you. Now is time to look into what type of interest rate you wish to pay. The type of interest you wish to pay will depend on your circumstan... Read >
Author: Michael Aldridge19th December 2005
http://www.seek.uk.com
Different types of mortgages
The mortgage lending market offers a wide genre of mortgages for you to choose from.
The most popular type of mortgage is the variable mortgage which offers low interest rates and is... Read >
Author: SeekUK Webmaster
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