Just prior to the financial crisis hitting in 2007, 100% mortgages were easy to find. Indeed, over 250 such mortgages were available at that time. Things changed once the financial crisis developed, however, and those deals vanished, virtually overnight. So, you would be forgiven for being concerned that some lenders are now offering these same … Continue reading “The Return of the 100% Mortgage But is it a Smart Idea?”

Before the recession hit the UK with full force, it was relatively easy to get a mortgage, particularly when compared to the challenges potential homeowners have been faced with recently. However, the past couple of weeks have seen some announcements that appear to herald the return of the 95% mortgage. This is something that was … Continue reading “The Return of the 95% Mortgage”

Buying a house for the first time can be daunting, perhaps because lack of experience can make us fear change. While this isn’t a comprehensive list about things to consider as a first time buyer, it will give you that crucial guidance to make the process a little easier. Get Your Finances Sorted When you … Continue reading “Things to Consider As a First Time Buyer”

What do you do when you find that you have an extra house? It can happen! Sometimes couples move into one house and find they have a spare. So, do you sell the spare or do you rent it out and hope to make a little money out of the deal? The choice for many … Continue reading “Things to Consider as a First Time Landlord”

The best 2, 3 and 5 year fixed deals available – October 2012 Fixed rates have seen a downward trend recently so we thought we would take this opportunity of providing you with the latest, and in our eyes, the best value fixed deals that are currently available. Tracker & Variable rates are also available … Continue reading “Thinking of a moving or remortgaging?”

There were many off-the-wall comedies of the 1980s, such as the mighty Ghostbusters, but few captured the sinking feeling of the trapped property owner quite so perfectly as the 1986 movie The Money Pit, directed by Richard Benjamin. Starring Shelly Long and Tom Hanks at the start of his soaring career, the film follows a … Continue reading “Tom Hanks Experiences the Ups and Downs of Home Ownership”

The Daily Telegraph has highlighted this week some of the best mortgage deals to be found in different sectors of the mortgage market. Whether you are looking for buy-to-let mortgages or a remortgage deal, these examples show that there are good offers out there for you. For Britons seeking a buy-to-let mortgage, the Coventry Building … Continue reading “Top Deals on Mortgages and Bonds”

AOL Money this week revealed what it considers to be the 10 best fixed-rate mortgage deals in the UK, arguing that despite initially higher charges, fixed-rate mortgages provide peace of mind over the long term. Let’s take a look at the recommendations When it comes to two-year fixed rate mortgages, HSBC’s is highly recommended thanks … Continue reading “Top Ten Fixed Rate Mortgages”

Most of us are familiar with the idea of the 25-year mortgage. Few home buyers have ever opted for a mortgage with a term of less than this. However it looks as though the popularity of this term may be waning, and it comes as a direct response to the rising house prices we are … Continue reading “The Traditional 25-Year Mortgage is Becoming Less Popular”

The report, published as part of Rightmove’s Consumer Rental Forecast, said that over a quarter of tenants currently “trapped” in rented properties by budget constraints were over 40 years of age and were at great risk of becoming “OAP mortgagees”. It defined such people as “trapped renters” people who would like to obtain mortgages but … Continue reading “Trapped Renters’ Unable to Get a Mortgage”