Mortgage Articles and Information
Below you will find articles and information relating to mortgages. Read from the many available or if you have an article you feel would be of interest to our visitors, please feel free to contact us.
The mortgage market is rarely stable for a long period of time, so it is always helpful to be a step ahead if you are planning on taking out a mortgage. With this in mind, any mortgage application should be carefully researched and it is always helpful to know what is happening when it comes [...]
Large mortgages can sometimes pose problems for borrowers but there are options available via specialist brokers that can’t be found on the high street. Many high street mortgage lenders have a maximum loan amount and in many cases this is £500,000 with some slightly more generous lenders limiting their maximum to £1 million. So what [...]
With falling house prices and mortgage lenders concerned about their exposure to risk the most competitive mortgage rates are currently being offered to applicants with low loan to value mortgages. Gone are the days of 125% mortgages and free and easy lending criteria with house prices climbing month on month. Now to qualify for the [...]
In the current mortgage market finding the cheapest fixed rate mortgage deals can be frustrating. People who thought they were getting the cheapest fixed rate 6 months ago are now seeing rates almost halved by comparison. Fixed rates have been changing on an almost weekly basis and as the Bank of England continues to lower [...]
Despite an economic slowdown and the refusal by many lenders to expose themselves to risk it is still possible to find 90% mortgages. A 90% mortgage means you only need to have a 10% deposit to buy a property. There are however a few products available but the rate of interest is not as competitive [...]
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 [...]
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, [...]
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 [...]
Access to mortgage advisers accross the UK competing to find you their best solution.
Many advisers have access to a mortgage database containing thousands of mortgage offers - updated daily with many high-street lenders including Halifax, Nationwide, Woolwich, Alliance & Leicester, Cheltenham & Gloucester, RBS, Abbey, Northern Rock, Coventry and Leeds Building Society. Their advisors are able to quickly find a product to suit your individual requirements.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.