There’s a high chance that before considering a mortgage application you have heard the terms ‘variable interest mortgage’ and ‘fixed interest mortgage’ at least a hundred times but it never really piqued your interest. Now you want to know as [...]
Self employment certainly does feel great and has it’s many benefits, but it can turn a mortgage application into a really complicated and time-consuming process. You’d think that business owners or people relying on contracts and commissions, who typically exhibit [...]
The financial vocabulary can be a little misleading to say the least. The lenders marketing efforts shower you with APRs, PMIs and VRMs but how are you supposed to know what all that means? What is a tracker mortgage and [...]
As BBC reported recently, the rapidly increasing inflation can increase some household’s monthly expenses by as much as £50 per week. This staggering news accurately reflect the state of current economy and forecast problems with late mortgage payments for many [...]
Mortgage refinance is a popular option for two main reasons: reducing the amount of monthly repayments by extending the mortgage period and taking advantage of lower interest rates to reduce the overall true cost of the loan. The global recession [...]
Ownership of an overseas property is tempting in so many ways, but without proper knowledge of financial procedures for foreign mortgages the prospect of finalizing the transaction seems very distant. UK mortgages are complicated enough for an average person, and that’s with local mortgage brokers and wealth of information readily available in English on the Internet - so how to tackle a massive financial commitment in another part of the globe?