Unfortunately the phrase negative equity doesnt often come to the forefront of anyones attention unless they are confronted with the concept first hand. Many people are under the impression that being in negative equity situation means that the threat of a repossession order, but this is nothing but a myth, a falsity, and an extremely … Continue reading “What Is Negative Equity?”
Now Christmas is over and the New Year is well and truly underway, all eyes are on the mortgage market for 2016. The main focus of attention is falling squarely on interest rates, and whether homeowners will have higher rates to pay in the coming months. There were continual threats of interest rate rises throughout … Continue reading “What Lies in Store for the Mortgage Market in 2016?”
Wanting to buy a property is a dream for many people. To turn that dream into reality, it makes sense to ask which type of credit will be available to you. The more you know and understand about home loans and their affordability, the easier it will be to work out which one could be … Continue reading “What Mortgages Can I Get? Find the Best Mortgage for You”
With banks offering very little reward to encourage savers, now may be a good time to reconsider where you place your money in order to gain a richer return. Not only do the products currently offered to savers offer little incentive, but the reputations of some of the largest banking corporations in the UK are … Continue reading “What to Expect As a First Time Landlord”
First-time buyers up and down the country know just how challenging it is to get a foot on the housing ladder, no matter where you live. City life is more expensive still, but new research from property website Zoopla has revealed some UK cities are more accessible than others as far as first-time buyers are … Continue reading “Which City is the Most Affordable for First Time Buyers?”
Most people who wish to own their own property will need a loan to make that dream come true. Even then, that home can be repossessed if the payments on the loan are not maintained throughout the life of the loan. Here, we look at how the humble home loan originated and which elements you … Continue reading “Who Provides Mortgages? Discover Your Options When Buying a Home”
It is a tough choice deciding who is the right mortgage broker for you, as the decision can be based on various factors such as availability to exclusive deals, their knowledge of the market place, the cost and most importantly for most consumers you will use the mortgage broker you feel most comfortable with in … Continue reading “Why Choosing The Right Mortgage Broker Will Save You Money”
For the inexperienced first time buyer, choosing the right mortgage can be a daunting task. It can be a scary though not knowing the processes involved in securing a mortgage let alone understanding if the one you may be offered is really the best one for you. When you know what to expect along the … Continue reading “Why First time buyers should use a Mortgage Broker”
Every day in the UK, there are people who begin to wonder if they can switch to another mortgage on their property. It’s common for people to consider an alternative home loan if the interest rate on their current one is far higher than it needs to be. However, many people consider switching their loans … Continue reading “Why Remortgage UK: Potential Reasons Why You Might Switch Home Loans”
Getting a home loan is hardly the easiest of processes you will ever go through. There are lots of steps to complete, paperwork to produce, and proof to be given that you can afford the loan you are applying for. When you consider all that, you may well wonder why you would ever apply for … Continue reading “Why Would You Remortgage a House?”