Although the recent rise in interest rates has flattened growth in house prices, it has not reduced the competition in the mortgage markets. Part of the reason for this is that the number of financial institutions and organisations outside of the banks and remaining building societies has rocketed over the past few years. The other […]

In the UK, the two main types of mortgages are repayment and interest only. Interest only mortgages offer different repayment routes and different types of interest. Different types of mortgage and different lenders can lead to substantial savings. Lenders nowadays also offer flexible repayment schemes and optional extras.
Additional flexibility is also offered by the ability […]

Remortgaging is the name given to the procedure when a borrower who has a mortgage with a particular company switches it to another company or to a different product with the same company, usually with a lower rate. Remortgaging is a popular thing to do - over 40% of all new loans every month in […]

The two main types of mortgage loans in the UK are repayment and interest only. Quite often people think these are the only options and that they can only choose one finance option (such as using ISA’s) for paying off interest only loans.
But not only should you shop around for the best mortgage deal, you […]

Are you a first time homebuyer?
If you are, then you will need to consider how much you can comfortably borrow to purchase the property.
With the continued rise of property prices across the UK, many first time homebuyers have had to consider one of several options: shared ownership, guarantor mortgage, saving for a large deposit, or […]

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 is your intention to purchase a property […]