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29th September 2009
If you are made redundant, from the 13th week after this happens, the Government will pay the interest on your mortgage up to 200,000 pounds. Although, for couples both need to lose their jobs to qualify and it will not pay for any other borrowings.
... Read >
Author: michael challiner28th September 2009
Wells Fargo loan modification is a great solution for those who are suffering from the problem of unaffordable home mortgage repayments and fear foreclosure of their houses. If you are one of them and finding difficulty in meeting the installments of ... Read >
Author: Wes Kennedy24th September 2009
You must have been fed up of paying of monthly rents, when you decided to purchase a house. You searched for a suitable house and noticed that you qualified for a mortgage. Although you bought the house of your choice, you are no longer able to cope with ... Read >
Author: AliceBrooks23rd September 2009
Is money so hard to understand? Financial problems in a marriage are definitely a true relationship killer and one of the most common marriage problems that unnecessarily result in divorce.
Money matters are quite simple when you think about it. You ca... Read >
Author: wbdoyle23rd September 2009
When applying for a loan modification under Obama's new stimulus package 'Make Home Affordable' one of the requirements is that you need to explain why you cannot meet your current mortgage repayments.
The reason for this is that although your lender ... Read >
Author: BrianRS22nd September 2009
Are you worried about losing your income? You may fear losing your job due to the recession. It is uncertain whether there would be a continuous flow of income. Due to inevitable reasons, your basic amenities may not be met. What do you do in order to pre... Read >
Author: Gyan K17th September 2009
Anyone who has tried to get on the property ladder can realise how hard it is, especially if you are young or have a family. You will be pleased to know that if you meet the criteria you can now get a government grant for home buyers. This will mean that ... Read >
Author: Henry Fong11th 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: MarkeD11th September 2009
Mortgage life assurance is a life insurance policy which pays off any outstanding mortgage debt if the holder dies. It is a decreasing term policy, which means the sum you're insured for reduces in line with your mortgage.
It should not be confused wi... Read >
Author: MarkeD28th August 2009
Mortgage calculators are a great tool allowing you to do your own research whether you want to find out how much your income will allow you to borrow or maybe you want to know if you are able to afford a mortgage. These calculators can save you a lot of t... Read >
Author: DTM28th August 2009
There is many a mortgage calculator available on the internet. You can pretty much find a mortgage calculator that will work out a result for any type of situation you can think of calculating.
I suspect the mortgage calculators than will be most in de... Read >
Author: DTM28th August 2009
Life assurance, which is known as life insurance to those outside the U.K., is something we should all consider as our commitments increase as we get older. Often people overlook life assurance as it makes us think about things that we don’t want to thi... Read >
Author: DTM24th August 2009
If you are suffering from financial crisis and are distressed due to non-repayment of your home loan, you must opt for loan modification program. In order to get your application approved by the lender or the bank you need mortgage modification help, whic... Read >
Author: Wes Kennedy20th August 2009
The practice of a multi currency mortgage involves using the fluctuations in currency exchange rates to obtain the best interest rates on mortgage repayments. Switching a mortgage into a different currency when beneficial changes in foreign exchange occur... Read >
Author: Melissa Chappell18th August 2009
The loss or critical illness of a loved one is going to be a difficult time at best so it makes sense to avoid any stress that can be brought about by additional financial burdens. Life insurance is therefore one of the most important policies you will h... Read >
Author: Vicky Cochrane15th August 2009
Since the credit crunch, the mortgage market has been left suffering from a great freeze after more and more lenders became increasingly reluctant to lend.
As a result, a number of mortgage products such as the 100 per cent mortgage became extinct. Fir... Read >
Author: Arti04th August 2009
In an age of rising costs, like food, fuel and living expenses, it’s crucial to ensure you’re as efficient as possible with your hard earned cash. In fact, with many people struggling to meet the costs of their mortgage repayments and monthly bills, i... Read >
Author: Vicky Cochrane03rd August 2009
Guarantor on equity loans are for those borrowers who may have a negative credit rating. Since the borrower has damaging credit, the lender may ask the homebuyer to agree to a guarantor. In other words, you are agreeing to find a co-signer to back your cl... Read >
Author: Jewell Hardin02nd August 2009
Generally, homeowners will refinance their home every so often, searching for better interest rates and lower mortgage repayments.
A number of proprietors will "change their Mortgage Lender at the end of a discounted or fixed period," to save money. S... Read >
Author: Jewell Hardin01st August 2009
Car ownership is expensive. Indeed, according to research, average monthly running costs can be as high as your mortgage repayments. But, when cash is tight for many, it’s essential that you understand how to reduce expenditure on your car. Fortunately,... Read >
Author: Vicky Cochrane31st July 2009
It is the primary aim of the federal government loan modification plan to make monthly mortgage repayments manageable. The responsibility of modifying interest rates, reducing the outstanding balance or overlooking previous arrears and missed payments wil... Read >
Author: Jennifer Hayes23rd July 2009
Not everyone realizes that personal loans and credit card debts could lead to repossession of their homes - even though the mortgage repayments are right up to date.
The Financial Services Authority, or FSA, have expressed their concerns and issued a w... Read >
Author: michael challiner23rd July 2009
Mortgage Payment Protection Insurance (MPPI) covers your mortgage interest payments if you're unable to work due to an accident or illness, or if you lose your job. It can also reduce the risk of your home being repossessed.
What exactly does it cover?... Read >
Author: MarkeD21st July 2009
Finding the right equity loan is easier now than ever, since the Internet has opened the doors to a wealth of information, including lenders. Nowadays, borrowers can go online to get quotes, apply for different types of equity loans, including E-loans and... Read >
Author: Jewell Hardin21st July 2009
When lenders consider loans, they compare the equity of the home versus the amount of the loan applied. If the equity on the home is below the loan amount, the lender may still offer the loan, but may apply higher interest rates and higher mortgage paymen... Read >
Author: Jewell Hardin21st July 2009
As the recession continues, almost a quarter of a million people have found themselves out of a job in the three months up to 31 May 2009, according to the Office of National Statistics.
Those affected are left struggling to pay the bills and keep up ... Read >
Author: ServicePR17th July 2009
The property market in South Africa has already started to experience great falls in house prices, many people are unfortunately being hit by this and many more stand the risk of losing their homes. Despite the tough times we are currently facing, solutio... Read >
Author: srini17th July 2009
Learn how to avoid having your home being repossessed for late mortgage payments
Home repossession is one of the worst predicaments fate can throw anyone's way. Yet home repossession is a reality many people are having to live through, what with the cu... Read >
Author: srini16th July 2009
A number of equity release schemes exist that allow you to convert equity that you have in your home into cash that you can use to repay debts, make that special purchase you have been dreaming about, or to simply increase your standard of living. You can... Read >
Author: Robert Palmer16th July 2009
Most of your payments go towards paying off mortgage interest rather than paying off principal.And it could take almost thirty years, and if you refinance along the way over 40 years to pay off that mortgage.And lets assume you are approaching retirement.... Read >
Author: Earnest Sampson16th July 2009
Many of you may be considering an interest only mortgage at the moment especially for the unfortunate ones who have been made redundant and are struggling with their household bills. Having your biggest outgoing bill reduced drastically can bring you a hu... Read >
Author: DTM07th July 2009
The grim economic condition is coercing the family budgets, resulting in widespread defaults in home mortgage repayments. The problems are emerging due to unexpected and unforeseen increase in interest rates and the incomes of house owners going down. S... Read >
Author: Billy Alvaro06th July 2009
Homeowners are being advised to secure a mortgage by the end of the year.
Although the level of mortgage repayments has fallen of late, there are signs that the rates are rising, prompting experts to issue the warning. Only last week the price of a tw... Read >
Author: Darren30th June 2009
Sell my house fast is possible in the Birmingham area. We buy houses fast. You can now think to sell my house and have the cash in one week or less. Stop repossession of your house, if you bogged down with debt and need debt advice call us. We can make a ... Read >
Author: groshan fabiola28th June 2009
What is a mortgage payment holiday?
Many of today's mortgages come with a feature known as a mortgage payment holiday. This allows the borrower to, on occasion, delay making a mortgage payment for a set period of time. A mortgage payment holiday must b... Read >
Author: MarkeD18th June 2009
What is the LIFT scheme and how does it work?
LIFT stands for Low-cost initiative for First Time Buyers and is a government scheme to help those people buy their first home that wouldn’t be able to afford the house on their own and need help to overc... Read >
Author: cborthwick913th June 2009
If you're currently better off thanks to your mortgage provider's low standard variable rate (SVR), you probably won't be considering a switch to a new mortgage deal. However, with fixed rate deals currently at a low level, and the possibility that intere... Read >
Author: MarkeD12th June 2009
If you are a first time home buyer who is thinking about getting a mortgage, there is a lot of information you need to know, including everything about your mortgage and the process of buying a home. However, it is also important to know what to do after ... Read >
Author: porterjun670912th June 2009
Rental Properties Offer Tax Advantages
Are you aware that you can avail of tax benefits if you happen to own an additional house, which you have given out for lease or rent? Not many know this and end up paying taxes on income thus received. Are you amon... Read >
Author: Ravisankar12th June 2009
If you are one of the many people struggling to afford the mortgage that comes with a new home or trying to get over the hurdle of having enough saved for a deposit to but your first home then there are various government initiatives to help.
In Scotla... Read >
Author: cborthwick905th June 2009
Where do you go for advice with your debts? A great many people are running into problems with debt in the current financial climate. Citizen's Advice has seen a marked increase in people asking for their help in connection with managing their mortgage re... Read >
Author: michael challiner05th June 2009
As they brace themselves for a rise in defaults, mortgage lenders have published their plans to minimise the number of people who have their homes repossessed. The Council of Mortgage Lenders (CML) said that while mortgage arrears and repossessions were e... Read >
Author: michael challiner05th June 2009
As the UK’s recession develops, debt advisers are being swamped by people desperately struggling to manage their mortgage repayments, credit cards and loan repayments. There has been a 40 per cent increase in people with arrears on mortgages and secured... Read >
Author: michael challiner05th June 2009
Contrary to the TV footage of the January sales, Australians have become a nation of savers.
Not only have we been saving, we have also been paying down credit card debt and maintaining our mortgage repayments despite falling interest rates.
In fa... Read >
Author: johntradgeus03rd June 2009
This article is to provide you with feedback to some of the most common questions usually asked about life insurance.
What is Life Insurance?
Everybody knows that life is a precious commodity, one that we should not take for granted. However, many o... Read >
Author: Josie Anderson03rd June 2009
After all the talk about how great that superannuation fund is for savings and tax breaks, investors are no doubt disappointed to find that over the last year their superannuation has not performed very well at all. In fact, many superannuation fund retur... Read >
Author: Mel C01st June 2009
Tpday's poor economy, career insecurity, mortgage repayments, debt and energy prices are some of the leading causes of stress affecting people around the world today.
Holidays are very important to our physical and mental well being. Whether the vacat... Read >
Author: Robert Palmer29th May 2009
Six months ago mortgage lenders demanded high deposits and impeccable credit references and as a result first time buyers were all but out of the market. However, things have changed...
According to the mortgage broker, John Charcol, just over 20% of ... Read >
Author: Wheres My Property19th May 2009
If for some reason you were unable to work due to illness, an accident or unemployment how would you cope?
Nobody likes to think of the worst-case scenario but unfortunately, if for some reason you are unable to work then bills don't magically stop. Yo... Read >
Author: Gareth Flanagan19th May 2009
Unlike motor cover, home insurance is not a legal requirement in the UK. It is, however, a vital precaution against unforeseen bills caused by incidents such as natural disasters or break-ins. It is a false economy to avoid home insurance premiums in orde... Read >
Author: doyourock18th May 2009
What is a chattel mortgage??
A chattel mortgage is a popular form of car financing that allows the borrower to take ownership of the car at the commencement of the chattel mortgage. A chattel mortgage is sometimes referred to as a goods mortgage.
... Read >
Author: 360 Financial Services18th May 2009
The 'loan to value' or LTV is one of the key measurements for mortgage lenders. It measures the amount of money you are borrowing in comparison to the value of the property you are buying and it is expressed as a percentage of the value of the property. T... Read >
Author: michael challiner18th May 2009
Debt is fast becoming a problem that is affecting all classes, with easy credit available to everyone, whatever their income. Loans for thousands of pounds were regularly approved for people with or no income, while wealthier applicants had access to even... Read >
Author: Carys14th May 2009
The Financial Services Authority (FSA) has reported that the number of people who were at least three months behind with their mortgage repayments is 16 per cent up on last year. At the same time the number of repossessions rose by 71 per cent. So if you ... Read >
Author: michael challiner14th May 2009
The prospect of getting your first mortgage, or even a second or third, can be daunting in any economy. Also, when the economy sours, the idea of taking out a large loan is even riskier. How can you manage your finances to ensure that the mortgage is alwa... Read >
Author: jeremyfoster78612th May 2009
Experts are warning that many will be disappointed with the UK Government's initiative to help first-time buyers on to the property ladder. The Open Market Homebuy Scheme allows those who qualify to buy from private sellers, as opposed to a housing associ... Read >
Author: michael challiner12th May 2009
More and more people are feeling the pressure as bills mount up and they fall behind with their mortgage repayments. Often they do not face up to the situation until they are taken to court. And sadly, in about 20 per cent of cases the Consumer Credit Cou... Read >
Author: michael challiner12th May 2009
Solar panels have been around for sometime now and its safe to say that a lot of people know about the power of a solar panel device. However the big problem with solar panels start at the beginning when you take a look at the price tag associated with pu... Read >
Author: Sean Byrne05th May 2009
What are some ANZ Home Loans?
ANZ home loans have held Money Magazine’s ‘Home Loan Lender of the Year’ title for a decade now, from 1999-2008. Below are a few award-winning ANZ home loans.
Variable Rate ANZ Home Loans
Simplicity PLUS is a basic... Read >
Author: Scott Jamieson15th April 2009
Getting divorced is not easy and eventhough you may be feeling completely overwhelmed it is absolutely imperative that you begin to work on where you stand financially. Sorting out your finances will not only help you feel a little more in control of the... Read >
Author: Jessie Kay09th April 2009
The general principle of critical illness life cover is that upon diagnosis of an illness, you should if all goes well; get a tax-free lump sum of money to aid you through the difficult era. Most consumers are advised to unite their critical illness and l... Read >
Author: petergoligher02nd April 2009
First of, what is LIFT?
The LIFT scheme, stands for the Low-Cost Initiative for First-Time Buyers, is a shared equity scheme for residents in Scotland. If you’re financial resources are limited this scheme can help you to buy a property. You do have to... Read >
Author: cborthwick902nd April 2009
What are interest rates and who are they determined by?
Every country has a federal bank. For instance, in America, it’s the Federal Reserve and in Australia, it’s the Reserve Bank of Australia (RBA). They determine financial matters in a country, ... Read >
Author: Scott Jamieson27th March 2009
The lift scheme is a scheme run by the Scottish Government to help people who can’t afford to buy a home. You may have heard about Lift, which stands for Low-Cost Initiative for First-Time Buyers scheme, but aren’t sure of who the scheme is for and th... Read >
Author: cborthwick927th March 2009
Are you buying your own home for the first time? It’s a serious and ultimately rewarding first step onto the home-ownership ladder. By definition, you’ll only do it once – so it’s important to get it right. Don’t let that put you off, though. As... Read >
Author: MarkeD27th March 2009
It is a very common fact that the odds of developing a critical illness are relatively high. The statistics show that there is a 1 in 5 chance for men and 1 in 6 chance for women that a critical illness will inhibit them from working. Now, critical illnes... Read >
Author: petergoligher27th March 2009
It is a very common fact that the odds of developing a critical illness are relatively high. The statistics show that there is a 1 in 5 chance for men and 1 in 6 chance for women that a critical illness will stop them from working. Now, critical illness l... Read >
Author: petergoligher27th March 2009
Most people these days spend a lot more money than they make. This is mainly the fault of banks around the world, hence, the situation the economics are in today, the Credit Crunch. This has left many people in debt leaving them to sell up and move to sma... Read >
Author: petergoligher25th March 2009
A few years back, critical illness life cover became the necessity to have within life insurance policy's as it just seemed confiding to have. However, everybody knows the progression that the medical sector are developing, thus making diagnosis of diseas... Read >
Author: petergoligher23rd March 2009
For anyone making you a loan, their most important criterion is going to be your ability to repay that loan. In the absence of a regular income seemingly “guaranteed” by an employer, the self-employed need to convince the lender they can afford regula... Read >
Author: MarkeD19th March 2009
Repossession is when a mortgage lender takes possession of a house and sells it to recoup the money that it has lent the homeowner, secured on the property.
Repossession usually happens when homeowners are unable to keep up with mortgage payments, whi... Read >
Author: BDR London17th March 2009
In the current finical climate that is both unstable and unpredictable alongside a recession that shows no signs of slowing down, and add to that rising unemployment figures its was only a matter of time before the housing market crumbled. With many hous... Read >
Author: Robert Palmer16th March 2009
Banks and financial institutions offer loans to individuals and companies. Banks offer loans to industrial and commercial organizations. They offer loans to individuals as well. Banks offer loans to earn interest while the borrowers invest the loan amount... Read >
Author: Robert Palmer13th March 2009
You may be in debt at the end of every month or even in arrears due to the increase in your monthly mortgage repayments. You may find that such a scenario may not change in the future. To stop repossession or avoid further debt, a specialist company can s... Read >
Author: Andrew Wilson13th March 2009
You are ready to buy your first home, fantastic. I thought I would offer some advice to you, things you may or may not have thought of yet. Many people want to buy a home and feel ready but don’t fully realise everything that is involved. It’s great t... Read >
Author: cborthwick910th March 2009
After a series of rate hikes over the past couple of years, the UK base rate has fallen by 2% over the past two months, and for those on variable rate mortgages this could mean far lower mortgage repayments. In some cases, such as where lender fails to pa... Read >
Author: Alisdair Cosgrove10th March 2009
Due to the Internet, purchasing life insurance, or any insurance for that matter, has never been easier. First of all, it quickly gives individuals all the information needed for them to decide what policy they want or think they require. Second of all, i... Read >
Author: petergoligher06th March 2009
The talk around very many financial services products gets surprisingly and perhaps unnecessarily complicated when, all along the concepts behind the vast majority of these products is really quite simple and straightforward. Take Mortgage Life Insurance,... Read >
Author: MarkeD06th March 2009
The present decrease in interest rates from the RBA is not intended to be the last cut, but it could be the final major one for some time. With consumer confidence worldwide still shot as a result of the credit crunch, public spending is still far from pe... Read >
Author: Scott Jamieson04th March 2009
There is a wealth of information on the internet, a lot of which is very useful however to ensure you are getting the right advise it is always advisable to go to a credible source. If you are looking to buy your first property or wish to review your opti... Read >
Author: cborthwick904th March 2009
We are experiencing extraordinary changes in financial security. After years of job security, job losses are now becoming the norm in virtually all sectors and it’s becoming more and more essential that homeowners protect themselves against loss of inco... Read >
Author: michael challiner03rd March 2009
If you have been in a delay to get your life insurance sorted out, then you should not be. You should be going to sort it out as soon as possible. Maybe slightly quicker. It is a type of insurance that is really easy to find. Rates on life insurance have ... Read >
Author: rudi oneil02nd March 2009
Industry body the Council of Mortgage Lenders (CML) estimates that unless action is taken, some 75,000 properties will be repossessed in 2009.
But here’s the good news:
* Help is available in the form of Government schemes
* You can prote... Read >
Author: MarkeD28th February 2009
Insure yourself for as much as you can afford.
Calculating the cover you need to settle your debts is relatively easy – assuming you know how much you owe, then that is the sum you should insure for.
The tricky part is calculating the amount of co... Read >
Author: michael challiner24th February 2009
Once you have a family of your own you worry about what will happen to them after your death. It is a fact of life, so face up to it and find out how life assurance works. You could actually save money if you choose the right one for your family, and th... Read >
Author: michael challiner20th February 2009
The phrase “economic downturn” is touching the lives of more and more people every week. Families who were oblivious to the downturn 12 months ago now have to face the grim reality of financial crisis.
After being used to years of not worrying too... Read >
Author: michael challiner18th February 2009
Buy to let properties can provide a good income if done properly. It is important to research before making the investment to first of all make sure you understand what you are getting into and so you make a good investment, providing you with a good retu... Read >
Author: cborthwick917th February 2009
Landlords are finding it tough and the last few months have seen 50 per cent more struggling with mortgages. Many people cannot buy at present and renting is popular again but anyone renting must be sure that their landlord is not having problems.
One... Read >
Author: michael challiner13th February 2009
When the property marketing was booming prior to August 2007 many new property investors entered the buy-to-let market, buying one and two bed properties with easy-to-get mortgages. The market has now dramatically changed and here we look at the predicti... Read >
Author: Wheres My Property09th February 2009
One of the biggest fears of first home buyers everywhere, is that they may never get on to the property ladder at all. This is a real social stigma in Australia where 70% of people own, or are buying their own homes.
The Federal Government’s ‘First ... Read >
Author: Avi Solutions09th February 2009
As we have all seen in recent months, the price of houses in the current UK property market have been in decline. In fact, in the last few months we have seen the price of UK homes falling quite substantially and in January 2009 the value of properties f... Read >
Author: martin31st January 2009
Do You Need To Stop House Repossession
The current global climate is forcing more and more people to fall behind in their mortgage repayments. For many people struggling to meet their mortgage commitment home repossession is the final phase of this str... Read >
Author: James Lee30th January 2009
A major body, which represents mortgage brokers and other housing market specialists, has welcomed the government's proposed extension of a scheme which will help struggling families to pay their mortgages and avoid the threat of repossession.
The Asso... Read >
Author: Darell Joyce30th January 2009
Interest only mortgage deals have declined to 23% of all mortgages sold between July and September 2008 according to a survey of more than 200 financial advisers conducted by Paragon Mortgage. The comparable figure for the first quarter of 2008 was 26%, w... Read >
Author: michael challiner30th January 2009
Most people have some kind of savings plan and as time goes by, this could grow into a sizeable chunk. But what is it for? Do you want to save for a particular goal and then blow the lot, or do you want to keep it for a 'rainy day' as Gran used to say? A ... Read >
Author: Mel C28th January 2009
Buying real estate can be an emotional experience if you're looking to purchase a house to turn into a home. Many agents and real estate sellers know how to play on your emotions to get the maximum possible price out of buyers, so it's important to know h... Read >
Author: Roger Vetruba23rd January 2009
When economic recession hits, it is not only the emotions that seem to go haywire but also the bank accounts of many. There will really come a time when you have to look for ways on how to meet your immediate needs. One of the best ways is to avail of a l... Read >
Author: ukloanstar21st January 2009
So what makes you a perfect borrower?
Here are a few of the gold stars you would need to earn to become a perfect borrower in the eyes of high street lenders.
You must be a homeowner, on the electoral role, married, have your own phone line, no late p... Read >
Author: michael challiner20th January 2009
This article is specifically in relation to term life insurance. term life insurance lasts for a certain amount of time and one it is up it is a case of renewing your policy. This generally means paying more as the older you get the closer you are to deat... Read >
Author: Nigel Thomas16th January 2009
As the new year arrives, and many of us a promising ourselves we’re going to succeed in our resolutions and make 2009 the best year yet, we still have a dark financial reality to face up to. The latest news from the mortgage representative companies is ... Read >
Author: Jennifer Quirk13th January 2009
The two types of mortgages are repayment and interest only. You could also have a mixture of the two. There are obviously benefits to each option, pros and cons depending on your situation.
Repayment Mortgage
A repayment mortgage will see monthly pa... Read >
Author: cborthwick909th January 2009
Have you been thinking about adding to your property portfolio? Then now is a good time to do it. The reason is that there has been an increasing demand for tenants and a rising number of bargain properties. Industry professionals report that there is a p... Read >
Author: Parmdeep Vadesha08th January 2009
This Christmas many of us will have been concerned that this year money isn’t quite in abundance as it has been in previous years and obviously many people will be struggling this Christmas.
Families are especially hard hit at Christmas having to s... Read >
Author: Andy Adams05th January 2009
Learn how to avoid having your home being repossessed for late mortgage payments
Home repossession is one of the worst predicaments fate can throw anyone's way. Yet
home repossession is a reality many people are having to live through, what with
... Read >
Author: srini19th December 2008
Holiday Homes in South Africa
In recent years, South African holiday homes have become an excellent investment, especially in sought-after areas where prices have risen rapidly.
If you buy property for reasons other than for your own regular use, l... Read >
Author: Graeme19th December 2008
If you are feeling the crunch this Christmas and are looking for a way to earn a little more money, it may be a good idea to offer a room up for rent if you have any spare. Not only would you be providing someone in need with a place to live, you will be ... Read >
Author: MarkeD19th December 2008
A mortgage broker acts as an intermediary in the process of home buying between the borrower and the lender of the amount. Mortgage brokers either work independently or as a part of a real estate agency. On the other hand another role in the mortgage fiel... Read >
Author: shijinaseo11th December 2008
Leaving handbags on display in the car is costing British women dear, new research from Diamond has indicated.
According to the specialist car insurer, more than 400,000 women have found their cars broken into by thieves targeting their handbags in the... Read >
Author: ARouse08th December 2008
Today’s economic instability and worldwide downturn has resulted in many job losses amongst other things. This in turn has helped to create a situation in which many people are unable to pay their mortgage repayments on time. This has resulted in a huge... Read >
Author: Fatima Chothia03rd December 2008
The Royal Bank of Scotland (RBS) has announced it will give customers at least six months grace if they are to fall behind on their mortgage repayments before repossessing their property.
This will come as a big relief to many customers who have growin... Read >
Author: cborthwick903rd December 2008
If you have a family then it is important to have life insurance so that you can protect them against your death. It is a case of being able to put yourself in a position whereby you do not have to worry and you have peace of mind in relation to what they... Read >
Author: Nigel Thomas01st December 2008
Figures have been released stating that one in every five houses currently on the market are only there due to their owners not being able to keep up with the mortgage repayments. More and more people are struggling since mortgage providers have put a hal... Read >
Author: barryloughran@live.co.uk01st December 2008
Many people would say that the property bubble has well and truly burst. However in the last six months the rental property market has seen a huge rise as more and more people are looking for rental property. Some of the reasons for this are:
1) People... Read >
Author: sam lowe27th 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 November 2008
Buy-to-left often by private investors as interesting alternative way is seen to make their money grow. Certainly it offers the chance of double benefits to the owner. There is the income of allowing the possession and the hopes of increasing the value of... Read >
Author: Pro Bargain Hunter17th November 2008
All but two banks ignored government calls to cut their interest rates for new customers and on top of this, more than 20 lenders withdrew deals that would have reduced the amount of monthly mortgage repayments that borrower’s were making.
These with... Read >
Author: Gill03rd November 2008
What is a Mortgage?
A mortgage is a type of loan specifically used when buying property. Mortgages can be obtained from banks and building societies as well as specialist mortgage lenders. The mortgage is divided into two parts, capital and interest.... Read >
Author: Rich Bendall31st October 2008
Recent economic worries and the virtual collapse of the mortgage market is pushing some private investors to consider alternatives to traditional property investments - specifically buy to let hotel rooms.
Under normal circumstances the phrase 'non-tra... Read >
Author: adrianw30th October 2008
The first time you take a home loan, it can all be a little bewildering. Although you learn from your first experience, it can still be confusing the second or third time round. So, to help you find the best mortgage deal, let’s have a quick look at one... Read >
Author: David Mayer30th October 2008
Each New Year always starts with a January Sale and allows us all a chance to find those much required bargains that we have been waiting for. From a personal view points if I need any luxurious products I just wait till after the Christmas period has fi... Read >
Author: chloeramsbottom27th October 2008
As the credit crunch continues to take hold of Britain�s financial markets, an increasing number of homeowners in the UK are finding themselves facing repossession from their homes.
More than 27,000 homes were repossessed in 2007 and the figure looks... Read >
Author: Robert Palmer15th October 2008
Warning Sign
With the economic downturn in the housing market today, is it any wonder people are afraid. Housing repossession foreclosure is one of those 21st century diseases biting into the very heart of society’s central nervous system.
So what is... Read >
Author: marketingignite1@gmail.com14th October 2008
The housing market slowdown has hit a lot of people hard, especially builders, buy-to-let investors and those who mortgaged beyond their financial means. The first-time buyer however could find themselves in a perfect position to profit from the slowdown,... Read >
Author: Sylvia Kittens14th October 2008
The UK mortgage market looks set to improve offering borrower’s new cheap mortgage deals as banks agree to finance support conditions. Banks have agreed that borrowers will be able to get more competitive, cheap mortgage offers with rates set to return ... Read >
Author: cborthwick913th October 2008
Mortgage IVA or Individual Voluntary Arrangement UK is a legal agreement between the debtor and his creditors for the payment of the debts hat has accrued over the years. It has become very popular as 75% of the debt is written off and the remaining paid ... Read >
Author: Christian Phelps13th October 2008
Warning Sign
With the economic downturn in the housing market today, is it any wonder people are afraid. Housing repossession foreclosure is one of those 21st century diseases biting into the very heart of society’s central nervous system.
So what is... Read >
Author: marketingignite1@gmail.com13th October 2008
News of the downturn in the world’s economy has been hitting the headlines for over a year now. Energy prices have been soaring, and along with the rising cost of essentials like food and fuel, most people have felt the pinch.
Britain is no excepti... Read >
Author: Isla Campbell10th October 2008
Mortgage IVA or Individual Voluntary Arrangement UK is a legal agreement between the debtor and his creditors for the payment of the debts hat has accrued over the years. It has become very popular as 75% of the debt is written off and the remaining paid ... Read >
Author: Christian Phelps30th September 2008
When the monetary policy committee decides to change its interest rate, the effect is that all banks and similar deposit-takers have to follow suit and alter the interest rates at which they lend and borrow by something like the same amount.
This means... Read >
Author: SEO Positive26th September 2008
A really popular place to live at the moment in Europe is Northern Cyprus and most might say that is down to the weather there. Cyprus has an incredible 300 days of blue skies and sunshine throughout a normal year. Cyprus is the third largest island in th... Read >
Author: TimMartins23rd September 2008
Definitions of terms commonly associated with mortgages and property ownership in the UK.
Added to Loan
The costs borrowers incur when arranging a mortgage. Usually refers to expenses such as arrangement and administrative fees.
Administration F... Read >
Author: Rich Bendall19th September 2008
The property market is well documented, gaining constant daily coverage from the media due to its recent downturn and the interest that it creates in us all. Thanks to this there has been a steady increase in a new technique that people are using to enabl... Read >
Author: Robert Palmer18th September 2008
A mortgage is the pledging of a property to a lender as a security for a mortgage loan. In other words, the mortgage is a security for the loan that the lender makes to the borrower. In some countries, like Spain, United Kingdom, Australia, and United Sta... Read >
Author: Brayan Peter18th September 2008
The full form of IVA is Individual Voluntary Arrangement based in UK, is a legal and a formal agreement between the borrower and the lender to reach a settlement about the repayment of debts. Within 5 years of time period the IVA in UK is settled. It has ... Read >
Author: Achala Afreen17th September 2008
The full form of IVA is Individual Voluntary Arrangement based in UK, is a legal and a formal agreement between the borrower and the lender to reach a settlement about the repayment of debts. Within 5 years of time period the IVA in UK is settled. It has ... Read >
Author: Achala Afreen17th September 2008
The period of economic recession is the best time to buy residential properties at a lower rate.
Recently due to the volatile economic scenario and the insane increase in the commodity prices, the foreclosures of the residential properties have gone u... Read >
Author: Prudence17th September 2008
Considering the current economic climate and the state of the housing market, any new government policy is met with scepticism from the general public and, more particularly, homeowners. The housing crisis in the USA has had serious knock-on effects on th... Read >
Author: Robert Palmer15th September 2008
The full form of IVA is Individual Voluntary Arrangement based in UK, is a legal and a formal agreement between the borrower and the lender to reach a settlement about the repayment of debts. Within 5 years of time period the IVA in UK is settled. It has ... Read >
Author: Christian Phelps12th September 2008
Are you in need of foreclosure help? If so then you have come to the right place. Here you will find everything that you need to know about foreclosure and where you can turn to for help and advice. If you try to pretend that it is just not happening, the... Read >
Author: Jon Arnold09th September 2008
It cannot have escaped anyone's notice that now is a good time to consider buying a second property as an investment. The time is right because the price is right.
Fear of risk is holding back alot of people, but let's look at the risk factor. If you b... Read >
Author: Kevin Koitz09th September 2008
Many of us don't get the best value for our mortgage money. For most of us, mortgages take the majority of our wages; for this reason we need to shop around for the best deal and many of us don't.
The usual scenario is that we go into a bank, ask ho... Read >
Author: Carolyn Capalbo09th September 2008
There is little doubt that for the majority of people in the UK their home is the most expensive thing they will ever buy. For this reason much consideration should be made before making a purchase. Buying a home can be a long process but with some pati... Read >
Author: Rich Bendall09th September 2008
With the so-called ‘credit crunch’ wreaking havoc with the global economy, it’s probably safe to say that money is more of an issue than it has been in a long time for most people.
Homeowners, in particular, have perhaps felt the squeeze most... Read >
Author: mpressman08th September 2008
New statistics issued by the Council of Mortgage Lenders (CML) have revealed despite many people struggling with mortgage repayments those who have buy to let mortgages have been hit the hardest by the credit crunch.
The figures show 176,500 new buy to... Read >
Author: cborthwick905th September 2008
The latest reports from the finance market are unfortunately not a break from the drib and drab the credit crunch has turned it into. In fact, the latest news we’ve been handed is that in the second quarter of 2008 alone over 28 thousand people had thei... Read >
Author: Jennifer Quirk05th September 2008
Fixed rate mortgage
The main negative feature of a fixed rate mortgage, is that is the Bank of England lowers the interest rates then, your monthly repayments will not change, that is until the end of your agreed period. In general, at the end of the bo... Read >
Author: Robert Palmer05th 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: cborthwick903rd September 2008
While the internet can offer facts and figures for mortgage comparison, that is really all it can offer and the literature available from banks, building societies and supermarkets can only serve to confuse matters. In these times, a mortgage broker who h... Read >
Author: Robert Palmer03rd September 2008
Career prospects, mortgage repayments, debt and petrol prices are some of the leading causes of stress affecting people around the world today. Vacations are very important to our physical and mental well being.
Whether the vacation is a weekend getaw... Read >
Author: Robert Palmer02nd September 2008
One advantage of a commercial mortgage is that you will continue to own your business and your premises. To raise the sort of money available through commercial mortgages by any other means would result in a percentage of your business being owned by anot... Read >
Author: Robert Palmer02nd September 2008
To buy or not to buy a place to call home is the question on many people's minds when they reach a certain point in life. If you have a good job, you're settled in one place and can see yourself staying there for the foreseeable future, so would it be mor... Read >
Author: Adam Singleton22nd 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 Crawford18th August 2008
With home foreclosures in the United States at unprecedented levels it is thought that as many as a third of all homeowners are falling behind with the mortgage repayments on their homes.
As a result of this, a plethora of scamsters have sprung up clai... Read >
Author: Roy Carter13th August 2008
Are UK homeowners heading towards a £207 billion mortgage debt time-bomb in retirement?
One in three Brits aged over 55 years still have outstanding mortgage debts Key Retirement Solutions' figures show a 20% increase in the average amount of outstan... Read >
Author: Christian Ward12th August 2008
Totting up the weekly shopping whilst pushing a trolley around the local supermarket may not be too much of a challenge; but where the sums are considerably larger and the stakes so much higher - like with monthly mortgage repayments – it may be wise to... Read >
Author: Isla Campbell22nd July 2008
As the credit crunch takes hold, and more and more people are struggling with their mortgage repayments, a number of companies are springing-up who offer a sell rent backscheme. This type of proposal involves the homeowner having their house bought off th... Read >
Author: Robert Palmer21st July 2008
Life insurance is arguably one of the most important insurance policies as it offers protection for family and loved ones. As with all types of insurance, there are lots of different policies on the market so ensure complete peace of mind for yourself an... Read >
Author: Adam Singleton21st July 2008
A third of the UK population who are in or nearing retirement, owe a whopping £207 billion in outstanding mortgage debt; averaging at £37,316 per head reveals a new report from Key Retirement Solutions, the leading independent equity release specialist.... Read >
Author: Ruth21st July 2008
According to broker, My Mortgage Direct, fewer mortgage borrowers are now signing up for life insurance policies in an effort to save cash, homeowners are ditching life cover.
The credit crunch, which has yet to raise prices of life insurance, seems t... Read >
Author: Ruth15th July 2008
Experts are warning that thanks to rising interest rates, tighter controls on awarding credit, and a huge drop in the number of secured loans on the market it is now more important than ever that those looking for a loan find the right one for them and do... Read >
Author: Sarah Othman09th July 2008
As a result of the recent hikes in the cost of living, more people are ‘feeling the pinch’ as increasing prices start to hit their pockets. According to the Daily Mail’s Cost of Living Index, during the last 12 months, the average family’s food bi... Read >
Author: accuma 07th July 2008
Mortgage repayments have gone up alongside credit card and personal loan rates with the latest cash rate rises by the Reserve Bank of Australia. Even though this has spelt bad news for many people there are still some ways to make good of this situation, ... Read >
Author: Ed Wood27th June 2008
Angel Gutierrez believes he is the answer to the current housing slump as he buys off bad mortgages.
He buys mortgages in bulk, often a dozen at a time, at a fraction of their value from lending institutions unable to cope with the high number of defa... Read >
Author: Carys Robshaw23rd June 2008
A really popular to live at the moment in Europe is Northern Cyprus and most might say that is down to the weather there. Cyprus has an incredible 300 days of blue skies and sunshine throughout a normal year. Cyprus is the third largest island in the Medi... Read >
Author: TimMartins20th June 2008
Cyprus has become Europe's top holiday destination in a very short time and is probably the only place in Europe where property prices are still on an upward trend. Cyprus is an island paradise and offers every type of luxury to it's visitors, which is wh... Read >
Author: TimMartins20th June 2008
The European Holiday Destination where people are most heading for this year is Cyprus and it is also one of the few places in Europe where the property market is buoyant. Cyprus is a paradise in the making and can provide you with every luxury possible, ... Read >
Author: TimMartins19th June 2008
We could all do with a break from time to time and I am not just talking about jet setting around the world. A break from our mortgage repayments would be very much appreciated and new deals are allowing us to do exactly that.
Flexible mortgages are be... Read >
Author: Karl Bantleman11th June 2008
Research from price comparison website MoneyExpert.com has revealed that more than 3 million people in the UK are trying to manage their finances using five or more credit cards.
Thirty per cent of Britons applied for a new card during 2007 – 2008 a... Read >
Author: Phil 20th May 2008
Britain’s financial regulator has warned that more than one million families in the UK risk losing their homes in the next 18 months as a result of the global credit crunch.
With large mortgages and debts on the increase, the news that banks are bec... Read >
Author: Phil 15th May 2008
This month the Chancellor of the Exchequer, Alastair Darling has said he aims to get the damaged money markets back into shape with the help of financial experts in Washington. He has made announcements that he intends to do everything within his po... Read >
Author: Sarah Othman15th May 2008
Housing Minister, Caroline Flint and Prime Minister, Gordon Brown, have recently announced a new package of major measures to tackle the difficulty key workers and first-time buyers have been facing when trying to break into the property market. The o... Read >
Author: Sarah Othman13th May 2008
Your home being repossessed is one of the worst experiences anyone could have to endure. But a few simple steps can help ensure it never has to happen to you.
In recent years, more and more UK families are finding it difficult to afford rising mortgage ... Read >
Author: Robert Palmer08th May 2008
Saving money is often a day to day priority. However, with mortgages: bargain is not always best. Shopping around by comparing mortgage rates, lenders and deals can overwhelm the average person which can lead to panic buying and bad choices. Discounted ra... Read >
Author: Aaron Hill02nd May 2008
Summary :There is a increasing trend among 50+ Britons to go for quality vacation. Best personal loans make their wishes fulfilled by financing the total cost of vacation.
According to the figures released by hotel firm Holiday Inn, between 2005 and 20... Read >
Author: Anaya Erika28th April 2008
For the past 5 years or so you’ve had your mortgage on a fixed rate of interest and you’ve got used to it haven’t you? The trouble is the fixed rate period’s coming to an end and during those few years not only have your other expenses crept up to... Read >
Author: lexisclick25th April 2008
Call it by a different name but I think we all know that we are talking about arranging to borrow enough money to purchase or re-mortgage a Commercial property, which could be freehold or leasehold.
The demand for Commercial property seems unabated des... Read >
Author: Michael25th April 2008
No question, foreclosures are at a record number right now. After a period of aggressive lending, more and more people are finding it impossible to meet their mortgage repayments. The banks and other lenders, in turn, are foreclosing on more and more prop... Read >
Author: Robert Lam20th April 2008
Financial debt is now a major concern to many millions of people in the West; clearing debts takes time and you will have to start somewhere. A debt relief solution might save your home, possessions and a great deal of stress. In this consumer driven worl... Read >
Author: Jim Moore16th April 2008
The first question that most people ask when considering a new mortgage is 'What type of interest rate structure is best for me? - Should I take a fixed rate, a capped rate, a discounted rate, a stepped rate, a standard variable rate or a cash back deal?'... Read >
Author: amandamorrison16th April 2008
With the continued rise in house prices and interest rates, it's little wonder that first-time buyers have been finding it difficult to make those first, tentative steps onto the property ladder - especially when you consider that in the current UK proper... Read >
Author: Adam Singleton15th April 2008
The recent spate of rate rises made by Australia's central bank the RBA may be bad news for home owners facing increased mortgage repayments but they offer great opportunities for those with money to save. The federal rate rises has led most of the banks ... Read >
Author: Click4credit10th April 2008
A refinance of your loan may be an option that will assist in relieving this stress. As a matter of course you should review your home loan terms and conditions each year to check that they are the most suitable for you and if not, a refinance could impr... Read >
Author: victoria Edema10th April 2008
Brits are becoming increasingly concerned about the state of the economy amid talk of recession and a credit crunch, it has been revealed. While this is not exactly surprising, the extent of their concern, however, is. A survey by Abbey shows that half a... Read >
Author: Adam Singleton07th April 2008
Every parent expects to spend a fortune on their children when they are at home and dependant on them financially, but what many don't bank on is the fact that they will still be having to bail out their kids even when they're all grown up. According to ... Read >
Author: Vicky Cochrane07th April 2008
Buying repossessed properties is becoming a popular option especially among first time property buyers. For example, in England, the number of repossessed properties coming to market has risen dramatically. Though this hike in the number of repossessed pr... Read >
Author: Parmdeep Vadesha07th April 2008
If you are stretched to afford your mortgage repayments, it is often recommended that you get a fixed rate mortgage. But are they always the best solution? Although there are benefits, there are also some downsides to getting a home loan with fixed mort... Read >
Author: Paul Elms06th April 2008
Landlords who are struggling to make their BTL mortgage repayments need to react to the credit crunch and protect their investment property. For landlords in real crisis who can landlords turn to for help with an investment crisis.
The latest figur... Read >
Author: Propertyhawk03rd 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 Nseir02nd April 2008
In the UK over half a million of us spend an average of 25 hours per week worrying. Property and our possessions are the things we worry about the most.
The fact is the credit crunch has had a worrying effect on us all, so much so that there has been a... Read >
Author: SimonDuffy02nd April 2008
Britons are wasting billions of pounds in unnecessary tax payments, a new set of research shows.
In the latest TaxAction study carried out by Unbiased it was revealed that over the course of this year a total of 9.3 billion pounds will be frittered awa... Read >
Author: ARouse01st April 2008
This guide is an attempt to point out to the beginner, some of the pros and cons involved with setting up your own home based online / internet business.
After lots of searching and pulling out what's left of my hair, I came across affiliate marketing... Read >
Author: Anthony Barnes31st March 2008
There are many benefits to buying a home. Money paid out each month on rental of a property is money lost. Owning a home allows the homeowner to make a mortgage repayment each month, which will increase their asset wealth rather than the wealth of their... Read >
Author: sir smith19th March 2008
The received wisdom among many in recent months has been that the buy-to-let industry is in trouble, a sector of the economy which arose on the back of a housing boom that is now over and will consequently fade away.
One feature of the boom years has bee... Read >
Author: Assetz UK11th March 2008
A significant number of Britons are worried about the country's economic prospects, new research shows.
In the Cracking the Credit Crunch: Recession Veterans vs Recession Virgins study by Fool, it was revealed that 17 per cent of people believe Britain... Read >
Author: ARouse11th March 2008
If the prospect of buying your first home is a touch terrifying, believe me, you're not alone. I have recently 'taken the plunge' and 'rock'n'rolled' into what I consider an enormous debt, but once it's done the rollercoaster ride of feelings, starting fr... Read >
Author: victoria Edema03rd March 2008
It’s no secret that the UK has a mounting debt problem, with the average household now owing an estimated £8,958 (not including mortgage payments).
If you factor in those that also have some form of unsecured loan then this number jumps to a startl... Read >
Author: Liam Gerken03rd March 2008
An offset mortgage allows a homeowner to reduce the interest on their mortgage by offsetting credit that is held in savings or current accounts against the total mortgage debt.
For example, if the homeowner has a mortgage of £150,000 and savings of ... Read >
Author: Nick Cox26th February 2008
No question, foreclosures are at a record number right now. After a period of aggressive lending, more and more people are finding it impossible to meet their mortgage repayments. The banks and other lenders, in turn, are foreclosing on more and more prop... Read >
Author: Robert Lam19th February 2008
Over the past couple of years the risk of repossession has become a very real one for many homeowners and the UK, and this has been partly fuelled by the series of interest rate hikes applied to the base rate by the Bank of England. Between August 2006 an... Read >
Author: Reno Charlton12th February 2008
Most analysts are tipping another hike of 25 basis points in the next 6 months as the Reserve Bank tries to contain surging inflation. As a result a record number of Australians will suffer mortgage stress and face difficulty in paying their mortgages thi... Read >
Author: Vicky Edema12th February 2008
The loan calculators allow you to enter your existing or proposed loan amount, the loan term and the interest rate, and the loan calculator then quickly provides you with your monthly repayment (on an interest only or principal and interest basis). If you... Read >
Author: Vicky Edema11th February 2008
A hundred percent mortgage is one that offers the full mortgage amount to the borrower. It is also called as a no-deposit mortgage.
In such a mortgage, the lender will provide the borrower the exact amount that is needed to buy the property. This mean... Read >
Author: R Rama05th February 2008
Surveys conducted by independent bodies like the Council of Mortgage Lenders (CML) and Royal Institution of Chartered Surveyors (RICS) have revealed a steep rise in cases of house repossessions with more and more borrowers finding it difficult to make mor... Read >
Author: Mark Brogan02nd February 2008
When people get themselves into a financial fix it’s normally through credit card debts or failing to meet mortgage repayments, either way they tend to become desperate and search for money through any means be it loans or in moments of blind panic – ... Read >
Author: Andy Adams30th January 2008
A self cert offset mortgage, also known as a self certified offset mortgage, combines the benefit of declaring your own income with the freedom of an offset mortgage that allows overpayments, lump sum payments, underpayments, and payment holidays.
Sui... Read >
Author: Darren Carson28th January 2008
Offset tracker mortgages are fairly new in the market place. They combine the benefits of an interest rate that tracks the Bank of England’s base lending rate, with the ability to ‘offset’ the interest earnt on savings and current account against th... Read >
Author: Joe Foster18th January 2008
An independent report has warned that growing numbers of UK families are being stretched to financial capacity. Borrowing has increased to record levels, with personal debt in the UK doubling since the turn of the century.
At the end of 2007 the UK per... Read >
Author: Nick Cox18th January 2008
Most Britons aspire to owning their own home, and those about to get on the first step of the property ladder need to ensure that they have all the relevant insurances against mishaps, not just those relating to the home but also to the homeowner.
Bu... Read >
Author: Andrew Regan14th January 2008
There has been a fundamental shift in UK consumers’ attitudes to debt in a relatively short time which is putting many in danger of financial meltdown, according to research commissioned by Standard Life Bank.
The Personal Finance Research Centre u... Read >
Author: Andrew Regan15th November 2007
If you go in search of a loan calculator on the Internet you will find an abundance of them. The trick is to find a loan calculator that provides you not only with simple repayment calculations but also allows you to compare repayments on different mortga... Read >
Author: Vicky Edema15th November 2007
A number of excellent resource tools are now available on the internet for people in Australia seeking a loan to finance the purchase of a property or refinance an existing mortgage. One of the most useful and user friendly tools is a loan calculator. Bef... Read >
Author: Vicky Edema14th November 2007
Home owners who are struggling to keep up with their mortgage repayments are being hounded by so-called “mortgage rescue firms” who promise to save potential evictees from home repossession.The cost of borrowing has increased considerably over the pas... Read >
Author: michael sterios14th November 2007
The New Year promises to be considerably more expensive for an estimated 12,000 homeowners as the fixed-rate period of their mortgage expires and reverts to Standard Variable Rate (SVR), according to data released by online UK mortgage company John Charco... Read >
Author: Adam Singleton12th November 2007
If you go in search of a mortgage calculator on the Internet you will find an abundance of them. The trick is to find a mortgage calculator that provides you not only with simple repayment calculations but also allows you to compare repayments on differen... Read >
Author: Vicky Edema09th November 2007
The value of the UK secured loans market looks set to pass the £10 billion mark in the next five years as more Britons look to consolidate their unsecured debt, according to a recent report issued by Datamonitor. The current estimated value of the UK sec... Read >
Author: Elisha Burberry08th November 2007
Most UK residents have heard the term “mortgage fraud” before but many people may not be aware of the full range of activities that it encompasses. To many it may seem like the domain of professional con artists, however, a growing number of otherwise... Read >
Author: michael sterios30th October 2007
An offset mortgage allows your savings to work much harder for you than if they were just sitting in an ordinary savings account. An offset mortgage means borrowers only pay interest on their net loan amount – minus any savings they have in the same or ... Read >
Author: Simon Mellor21st 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 Lasley21st October 2007
Pay packets are failing to keep up with rising mortgage repayments, prompting an increase in the number of people pressured by circumstances to take on second jobs. It is estimated that over 1.1 million UK workers have two or more jobs; a rise of almost f... Read >
Author: pmcindoe19th October 2007
A number of excellent resource tools are now available on the internet for people in Australia seeking a loan to finance the purchase of a property or refinance an existing mortgage. One of the most useful and user friendly tools is a mortgage calculator.... Read >
Author: Vicky Edema18th October 2007
Do you dream of owning a Cyprus apartment or luxury villa of your own? How many times have you sat in front of the TV watching those reality programs about lucky people buying holiday homes in the sun and wished it was you? You may even have made some inq... Read >
Author: kevinor04th October 2007
These days, fewer people are afraid of carrying out major home improvements. In addition to making your house a better place to live in, home improvements also raise the value of your home. If investment is what is on top of your mind, and you cannot purc... Read >
Author: ajeetkhurana02nd October 2007
Many holiday home owners in Spain could soon be considering selling their apartment or villa as interest rates in both Spain and UK rise - making the possibility of a fall in Spanish property prices more likely.Property in Spain is already on the brink of... Read >
Author: Robert Palmer02nd October 2007
Do you dream of owning a Cyprus apartment or luxury villa of your own? How many times have you sat in front of the TV watching those reality programs about lucky people buying holiday homes in the sun and wished it was you? You may even have made some inq... Read >
Author: kevinor28th September 2007
When buying a home there are a number of types of insurance you may have to take out.Mortgage Payment Protection Insurance (MPPI) is one of them. Its purpose is to ensure that mortgage repayments will be met in the events of unemployment, sickness or acci... Read >
Author: Liam Gerken27th September 2007
Offset mortgages offer an attractive alternative to traditional mortgages and can save you thousands over the long term.Buying a home is an exciting time, and it is the biggest financial purchase that most people undertake. The majority of homebuyers cann... Read >
Author: Donny Kemble21st 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 Regan21st September 2007
Finding a bargain investment property on paper is only half of the process of property investment. For first time real estate investors who purchase residential property, there is always a dilemma over whether to furnish their residential rental investme... Read >
Author: Zola20th September 2007
House prices continue to rocket in Britain, rising by 204% between 1997 and 2007, significantly outstripping the growth in earnings which rose by only 94%.The situation poses special problems for prospective first time buyers. Those not yet on the housing... Read >
Author: Adam Singleton03rd September 2007
Your house is a big investment probably one of the biggest you’re every likely to make. It is also the place that you and your loved ones call home; a shelter and haven from the outside world. That’s why it is so important to ensure that your home and... Read >
Author: Michael Johnson02nd September 2007
Imagine how it would be this year without that incredibly useful, often taken for granted, tool of the online foreclosure listings service.
Look at the graphic snapshot of recently released foreclosure filings data for July, for the State of California... Read >
Author: philipsmith02nd August 2007
If you are looking at mortgage protection insurance or MPPI from your mortgage lender, you may find that they only quote you for the cost of covering your mortgage payments.
However, if you lose your income for any reason, your mortgage repayments are ... Read >
Author: Robert Palmer24th July 2007
There are many reasons repossession
can happen to people in life, even if we try to keep our finances in order, circumstances can occur which makes homeowner debt just stack up and before long we find ourselves in arrears without debt repayments.
Mana... Read >
Author: Robert Palmer24th July 2007
Of recent years, no business model has appealed to the general populous to the extent of the buy to let. With a strong and stable economy, and snowballing property prices, the buy to let market has become an industry in its own right, and has given rise ... Read >
Author: Graeme Nicholson24th July 2007
A vital question that faces most homeowners at some stage is whether or not to opt for a fixed rate or variable mortgage. The age-old weighing up of security over potential savings is one that has plagued buyers for decades, and one to which there is no ... Read >
Author: Graeme Nicholson23rd July 2007
Caution vital for 100% Buy-to-let Commercial Mortgages
An increasing number of 100% business mortgages are being provided to commercial premises landlords, and industry specialists are concerned that this will lead to a growing number of repossessions... Read >
Author: Robert Palmer20th July 2007
There are many reasons repossession
can happen to people in life, even if we try to keep our finances in order, circumstances can occur which makes homeowner debt just stack up and before long we find ourselves in arrears without debt repayments.
Mana... Read >
Author: agilmour13th July 2007
With so much interest rate uncertainty in the market borrowers are facing a dilemma as to whether they should fix their mortgage interest rate or not by applying for a fixed rate mortgage.
A fixed rate mortgage will provide absolute security against ra... Read >
Author: michael sterios11th July 2007
When you take out your mortgage, your mortgage lender will often try to sell you a mortgage protection insurance policy. The lender gets a good commission on it, so might well put some pressure on you. But don�t be bullied. You don�t have to get i... Read >
Author: Robert Palmer01st July 2007
Discount mortgages are a type of mortgage product that have a variable interest rate which moves roughly in line with the lender’s Standard Variable Rate (SVR).
The discounted interest rates attached to discount mortgages are genuine and will normall... Read >
Author: michael sterios01st July 2007
Property has represented a sound investment opportunity for many in the UK over the past 10 years, but are the days or rising house prices about to come to an end?
Nigel and Sandra purchased their first home just over a year ago. They took out a large ... Read >
Author: Keith Barrett29th June 2007
Should you go for second mortgage or prefer refinancing your first mortgage? Second mortgage is always offered at higher rate of interest than the first one. Moreover, second mortgage reduces your equity in the home. These two drawbacks of second mortga... Read >
Author: zed29th June 2007
It is estimated that up to a million homeowners who signed on for cheap mortgage deals two years ago will start to feel the pinch of the interest rate increases as their repayments will soar as much as a third.
Experts claim that around a fifth of mort... Read >
Author: Abbi M Rouse15th June 2007
• Critical illness insurance
Critical illness insurance is a type of insurance designed to award a tax free lump sum on diagnosis of a critical illness acceptable to the insurance company. People are becoming more aware of the need for insurance cov... Read >
Author: Billy Leverton04th June 2007
The rise of interest rate in May could mean that £16 a month will be added to the bill of a family with a typical £100,000 home loan. When added to the cost the previous three interest rate hikes in August, November 2006 and January 2007, it means mortg... Read >
Author: JamesQuinton30th May 2007
We're nearly halfway through the year 2007 and the UK property market remains strong, as property prices continue their buoyant upward trend. This constant rise has also seen an increase in the number of mortgages in the UK - and Nationwide, the UK's larg... Read >
Author: Elisha Burberry24th May 2007
Paying off a mortgage can be a struggle, even for families with two incomes.
If you or your partner should suffer a terminal illness or even die, that struggle increases dramatically due to medical expenses, funeral expenses and lost income. For this r... Read >
Author: simon christopher22nd May 2007
Due to the fact that there is a huge amount of competition in the mortgage lender market, there are now several advantages to the consumer that did not exist a number of years ago. If your mortgage loan has been running for a good number of years then ch... Read >
Author: Tom Allen11th May 2007
Over the last decade, the mortgage market in Britain has been transformed by a continually increasing demand for buy-to-let mortgages. Buy-to-let mortgages are usually taken out by people who already own a UK property, but are seeking to a buy a property ... Read >
Author: Andrew Regan26th April 2007
When you apply for a commercial mortgage, your chosen lender will require you to use the assets of the company as collateral on the loan. Lending money can be a risky business and even more so in certain industries. A responsible lender will therefore mak... Read >
Author: Carol Jameson18th April 2007
UK homeowners are, despite higher interest rates, choosing to unlock money tied up in their property. In 2006 homeowners released £49.7bn of equity from their properties, mainly due to the continued rise of house values. Most commonly the mortgage equity... Read >
Author: JamesQuinton12th April 2007
Despite widespread feeling that house prices were, at last, slowing, new figures released by the country’s biggest mortgage lender Halifax, suggest that house prices, are in fact, still rising on the back of a strong economy and shortage of homes for sa... Read >
Author: JamesQuinton12th April 2007
Types of Mortgages Repayment mortgages Every month, your payments to the lender go towards reducing the amount you owe as well as paying the interest they charge. So each month you're paying off a small part of your mortgage. The pros It'... Read >
Author: Hanson Wealth Management11th 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 Jameson07th April 2007
Why budget?
There has been a significant amount of talk recently about household debt, house prices, the ability to make mortgage repayments, the ever increasing ability of Australian consumers to keep spending.
On the 30th of March, http://www.thea... Read >
Author: Rhys04th April 2007
Nearly every type of business needs a premise from which to operate - In the case of a small business it may be possible to work from home however as most things do eventually grow and expand, it may be necessary to obtain larger working facilities.
T... Read >
Author: Christopher27th March 2007
People in todays society will have differing attitudes to debt and debt repayment. There will always be those individuals who take a very relaxed attitude to debt and debt repayment, however the vast majority will take the matter very seriously and in the... Read >
Author: James Copper27th March 2007
The process of purchasing an investment property is very different to that of buying a home for example, for you and your family to live in. There are many other considerations that must be taken into account before making this big step.
The buy-to-le... Read >
Author: Christopher14th March 2007
It is true to say that these days you can arrange an insurance policy for almost every eventuality. The most common insurance policies that people take out will include buildings insurance, contents insurance, life assurance and critical illness cover.
... Read >
Author: Christopher12th March 2007
Over recent years the substantial growth in UK property prices has outstripped the income generated by people in their mid/late twenties. For single people, finding a deposit is certainly difficult enough, and with the need for a substantial mortgage, rep... Read >
Author: Andrew Regan19th February 2007
Today, Tuesday 8th February 2007, the Bank of England announced that there would not be a further increase in interest rates for this month. This must come as a welcome relief to home owners, many with large mortgages – a necessary evil of today’s wo... Read >
Author: Lee Unsworth08th February 2007
One of the most unpleasant consequences of failing to pay your mortgage is "repossession" of your property. This is a problem that is affecting an increasing number of homeowners throughout the country.
The first notification will be from the lender w... Read >
Author: Christopher06th February 2007
Property prices for even the smallest apartments are beyond the reach
of many first time buyers nowadays. As a result, more and more people
are clubbing together with friends to share a mortgage and ownership of
a property. It’s a very good way to ge... Read >
Author: Benedict Rohan04th February 2007
Many people will have the experience of facing financial difficulties at one time or another for a variety of reasons. Being a little short of money can result in you falling behind with bills, bank loans, credit cards, mortgage repayments and alike.
T... Read >
Author: Christopher30th January 2007
Having your very own, custom-built dream home is a lot easier and
cheaper than you might think. Although building your own property
involves a great deal of planning and hard work, it’s within the reach
of most people, especially now that many mortga... Read >
Author: Benedict Rohan24th January 2007
Buy-to-let is often seen by private investors as an interesting alternative way to make their money grow. Certainly it offers the chance of double benefits for the owner. There is the income from letting the property and the hopeful increase in the value ... Read >
Author: michael challiner21st January 2007
People in today?s society will have differing attitudes to debt and debt repayment. There will always be those individual?s who take a very relaxed attitude to debt and debt repayment, however the vast majority will take the matter very seriously and in t... Read >
Author: Christopher05th December 2006
When you're in dire financial straits selling your assets may be the only solution available. When the only asset you have of any value is your home it can be a very difficult decision to make. However, this needn't always be as much of an emotional bur... Read >
Author: Andrew Regan04th December 2006
Time flies. Have you ever caught yourself wishing for more than 24 hours in a day? Visualise how having more time to generate more often refunds could diminish the value of your mortgage.
Creating fortnightly rather than monthly payments indicates you... Read >
Author: Ben Hamilton21st November 2006
Possessing your own home is the biggest American dream. When you’re manically cleaning the lounge room in time for your next rent inspection, having to put up with your landlord’s love of lime green rug and generally stuck in a rent rut, it can seem l... Read >
Author: Bruce Taylor15th November 2006
UK becoming a 'nation of bankrupts'
4th August, 2006
Figures from the government are expected to show a record number of people declared themselves bankrupt this spring.
Financial services group KPMG predicts the number of people who went into inso... Read >
Author: Paul Mccann06th November 2006
Buying property abroad can make even the most seasoned property investor lose their financial sense especially when faced with an absolute bargain. Overseas property buyers who are in search of a second home abroad need to be aware of the ‘wow' factor w... Read >
Author: nicholas marr06th November 2006
A few experts call this eating the elephant one bite at a time. Creating the switch to fortnightly repayments suggests that your ‘bites’ are small affordable reimbursements that can be achieved and participate to completing something much bigger, in t... Read >
Author: Ben Hamilton18th October 2006
Basic principle of a mortgage is very simple: you borrow money to buy a
house and pay back the loan with interest. However, nowadays there are
so many products available that it can be mind-boggling. Here’s a guide
to methods of repayment and interes... Read >
Author: Benedict Rohan12th October 2006
In the present time, being a first time buyer is pretty disheartening. House prices are going high and putting properties out of reach for a common man. This has increased the level of borrowing to get on the ladder. As a result, many lenders are now offe... Read >
Author: jake nathan05th October 2006
A flexible mortgage means that you can make changes your repayment plans as per your financial position. Flexible mortgages give you the liberty to manage your mortgage repayments the way you want either by overpaying when you have extra money, to underp... Read >
Author: jake nathan21st August 2006
A 'subprime borrower' is a person with a bad credit rating. This can range from someone who has missed a few credit card payments to someone who has been declared bankrupt. For banks and mortgage brokers, these types of customers are lucrative because the... Read >
Author: michael challiner13th August 2006
UK becoming a 'nation of bankrupts'
Figures from the government are expected to show a record number of people declared themselves bankrupt this spring.
Financial services group KPMG predicts the number of people who went into insolvency in England an... Read >
Author: jane conlen13th August 2006
Life insurance, also known as term assurance, is a popular form of insurance that people get so in the event of their death, their family and dependants will be able to cope financially. However, not everyone has a family and children, so do they need it?... Read >
Author: michael challiner13th August 2006
"House prices continue to rise. "First time buyers continue to struggle to get a hold on the property market." The headlines in the newspapers must make depressing reading for would-be first time house purchasers.
Ten years ago around 4,000 would have... Read >
Author: michael challiner31st July 2006
Copyright 2006 Geoff Morris
Imagine if there was a way that could help you could reduce the term of your mortgage by up to Five Years? Just think - if you could reduce the term of your mortgage by up to five years earlier, then you could even retire ... Read >
28th July 2006
Life insurance is a financial product that few of us like to think about. We would all like to believe that we are going to live forever, however there comes a point when reality needs to step in and plans are made for the inevitable.
Life insur... Read >
Author: sam lowe23rd July 2006
When one has the capital to make a significant investment, the thought of buying a property to let surely comes to mind. Letting out a property can be a fine source of capital growth, however it also requires much work on the part of the landlord. If it... Read >
Author: Anonymous04th June 2006
Nothing is ever certain in the world of finances, and there's no way of predicting how the market will change in the future. However, if you want to be able to plan your budget precisely, then a fixed rate mortgage might be the right option. The repayment... Read >
Author: Joseph 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 Kenny03rd June 2006
Interest only mortgages have become more and more popular in the past few years probably as a result of the rise in house prices. With this type of loan, you pay off only the interest, so that your monthly repayments are lower than they would be with a ... Read >
Author: Joseph Kenny10th May 2006
Jargon Buster
Adverse Credit: used to describe a person who has a history of defaulting on credit repayments, has county court judgements or has been declared bankrupt.
APR (Annual Percentage Rate): the total amount of interest and other fees charg... Read >
Author: Paul Mccann30th April 2006
Copyright 2006 Jason Chew
1. Know your current financial situation. Know you debts level. Calculate your income and expenses by taking into account the following:
Mortgage repayments
Personal tax
Loans and overdrafts
Living expenses
Emergency... Read >
Author: Jason Chew11th March 2006
For many of us the thought of taking that first step on to the property ladder is both exciting and daunting. Owning a home of your own for the first time is always exciting but estate agents and mortgage lenders will have to be dealt with, legal procedur... Read >
Author: Ashley Babbs27th January 2006
A mortgage is a long-term financial commitment and you have to maintain the monthly repayments for the full duration of the mortgage. That's going to be over many years but non of us have the benefit of a crystal ball so no one knows how your circumstan... Read >
Author: michael challiner14th January 2006
We've discussed already in this Debtsolver blog, the issues surrounding the mis-selling of debt repayment insurance, currently under investigation by the Office of Fair Trading (OFT). Another scandal that's facing the UK, involves the murky practices surr... Read >
Author: Wildfire Marketing Group Content Development Team01st January 2006
The decision to mortgage house does not in any way show that you are not emotionally attached to your house. On the other hand, it was your concern for the house that restrained you from selling it. As compared to the sale of house, mortgage is a much bet... Read >
Author: Ann Gibson05th December 2005
Getting a mortgage is bad enough what with terms like fixed rate, discount, variable etc so mention mortgage insurance and naturally your eyes will start to glaze over.
However, mortgage insurance is an extremely important insurance to have in f... Read >
Author: Jason Hulott17th November 2005
Mortgage Protection easing your biggest concerns.
OK, now you have a lovely new home and with it comes a lovely new mortgage. With the average mortgage advance standing at around 150,000 it's a long-term commitment to repay a lot of money. The r... Read >
Author: michael challiner13th November 2005
It's no wonder that the majority of homeowners dream of one day being able to pay off their home loan and live a life free from the shackles of interest rates, home finance and worries about meeting the monthly mortgage payments because the largest expens... Read >
Author: Rhiannon Williamson15th September 2005
There are three main types of insurance cover you can buy to protect yourself and your family: life insurance, private medical insurance and critical illness insurance. If you want your financial health to be completely bionic then you could choose all t... Read >
Author: Rachel Lane13th July 2005
According to the Council of Mortgage Lenders, first-time buyers are the most susceptible group of homeowners to debt, as they are more likely to have higher loan-to-value ratios and commit a higher proportion of their income to mortgage repayments. Despi... Read >
Author: Rachel Lane
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