Mortgage Advice

/Mortgage Advice

House prices surge by 8.6 per cent in the last year

House prices grow by £1,000 a month and could continue to rise as the quantity of properties available holds at a record low.

June 4th, 2015|Mortgage Advice, News|

Falling offset mortgage rates offer savings alternative

Rates on offset mortgages have plummeted to an historic low and now offer an alternative to savers dissatisfied by the low rates of return currently available on savings accounts. According to the latest data from frostfinancial.co.uk, the average offset fixed rate is now priced at 2.65%, over one percentage point lower than two years ago when the rate stood at [...]

May 27th, 2015|Money Saving Tips, Mortgage Advice, News|

Price war drives down re-mortgage rates

How does a Conservative government affect your savings, earnings, pension and home?

May 13th, 2015|Money Saving Tips, Mortgage Advice, News|

Buy To Let Mortgage Rates Drop Further

Mortgage Lenders are tempting prospective landlords with more buy-to-let mortgage options than ever before which are getting even cheaper.

April 28th, 2015|Loans, Mortgage Advice, News|

Why Use Bridging Finance?

Bridging loans are a short-term finance option. They are often used to 'bridge' a gap between a debt coming due and the main line of credit becoming available. Or they can simply act as a short-term loan in pressing circumstances.

April 22nd, 2015|Loans, Mortgage Advice|

Debt Consolidation – The Facts

Debt consolidation was all the rage when the housing market was rising, where home owners re-mortgaged their property and added their unsecured debts to the new mortgage loan, in order to reduce their monthly outgoings. Unfortunately with falling house prices and mortgage lenders becoming more cautious and some would say responsible, homeowners were left with [...]

December 26th, 2014|Money Saving Tips, Mortgage Advice|

Welcome Boost to Property Market

The chancellor brought some festive cheer to the property market yesterday when he announced a cut in property stamp duty, the new stamp duty rates will mean a saving for 98% of home buyers according to the chancellor. Under the old system you would pay stamp duty on the whole purchase price at a flat [...]

December 18th, 2014|Mortgage Advice|

Thinking of Moving? Port Your Mortgage

Many homeowners who took out a mortgage before 2008 are benefiting from a very low rate of interest, as many mortgage products were link to the bank of England base rate, resulting in the borrower paying as little as 1% interest. So when it comes to moving check your existing mortgage offer and see if [...]

October 6th, 2014|Mortgage Advice|

Rising house prices could be a silver lining for existing homeowners

With the rise in property values over the last three existing homeowners may benefit from a lower rate when their existing scheme comes to an end, this is due to the rise in equity in their property “the difference between the property value and what is owed to the lender. Anyone who purchases their property [...]

May 5th, 2014|Mortgage Advice, News|

New Mortgage Rules and You

From 26 April 2014 all lenders must implement more stringent affordability checks on mortgage applicants, as a result many mortgage customers who prior to April would have secured a mortgage may be rejected now as affordability now plays a major part in the lenders decision process in arriving at a decision to lend. The reason [...]

May 4th, 2014|Mortgage Advice, News|