Mortgages
Tracker mortgages are back with a bang!
More than 30 lenders withdrew their various offers of tracker mortgages from the market citing reasons of re-pricing. However, the surprise cut of base rate by 1.5% has forced many lenders to increase their margins by two-fold on tracker mortgages and starting this week, many banks and mortgage giants have reintroduced tracker deals for existing [...]
Buy to Let Mortgages Holding Firm
The essential components for a successful buy to let landlord are becoming clearer now more than ever before Leading estate agents are noting gross yields on buy to let mortgages reaching on average seven to eight percent after a period of stagnation at around three and a half percent
Mortgages For Buy to Let Properties
Mortgages for buy to let properties may not be looking as appealing as they did in the past but there are definitely ways to make your life easier Investing in property is still worthwhile and should continue to be looked upon as a long term investment
Property Refurbishment Buy to Let
Over the course of the next two years or so, there are going to be some losers in the property market; those who have to sell up fast, particularly Buy to Let investors who have over “geared” their portfolios, cannot re-mortgage away from a high charging standard variable rate and are forced to sell of [...]
Ever wanted your own holiday home website?
Do you own a holiday home that is let out to holidaymakers?
If so, you may find these new resources useful:
A new holiday home marketing guide has been published on www.holidayletproperty.co.uk. It contains tips and tricks for improving your online holiday home marketing.
View details here: http://www.holidayletproperty.co.uk/holiday-home-owners/holiday-home-marketing-guide
A simple online system that allows you to build your own [...]
One in ten borrowers want longer term fixed rates
Recent research from the Abbey indicates that one in ten people would choose to fix their mortgage payments for 10 years or longer.
27% of people would choose to fix for 5 years if they were applying for a remortgage.
Choosing a fixed rate mortgage means you know exactly what your mortgage payments will be for a [...]
New holiday let mortgage fixed rate launched today 6.99%
We have a new holiday let mortgage product available from today.
Brief details:
6.99% fixed until 01/07/2011
Loans upto £250,000 / 75% loan to value
1.50% lender arrangement fee
This is a full status product so applicants will need to be able to provide proof of income. Holiday let rental income (letter from holiday lettings agent required) must be 125% [...]
What is a second home mortgage?
The term second mortgage or second home mortgage can mean different things to different people.
Let’s first look at a second mortgage or second loan in the context of your main home or private residence. Most people have a mortgage on their home and this will be the first charge mortgage against the property. It is [...]
Reducing the cost of loan protection insurance
If you are looking to apply for a loan or credit card then it would be prudent to also look at loan protection insurance. Loan insurance is subtley different to mortgage payment protection insurance (MPPI) which is designed for mortgages only.
Having loan insurance means that if you became unemployed or unable to work then you [...]
Could pension transfer advice make you money
There are three aspects of a pension plan that affect the amount of money in your pension fund:
The money you put in
The money the pension company takes out in charges
How well the pension fund managers look after your money
You can actually change all or any of the above to improve your pension planning position.
The money [...]
