Tagged: remortgage
Standard variable rate (SVR) mortgages have been a huge no-no for borrowers for as long as I can remember.
That’s because in normal times, you’re much better off borrowing on a mortgage ‘deal.’ So when you first take out a mortgage, you might sign up for a three year introductory deal where you’re paying a better rate than the SVR. Then when the three year period is up, you switch to another special rate deal and avoid the dreaded SVR.
But all that has changed because, bizarrely, the banking crisis has now forced lenders to price SVRs so competitively that some are now among the best mortgages on the market.
As you know, the Bank of England cut the base rate by a bold 1.5% earlier this month. Since then, the government has put serious pressure on the largest lenders to pass on the cut to borrowers. And suddenly lots of SVRs are attractive.
Tagged: Mortgages, remortgage
Before opting for an IVA, one should gather all the details about IVA. Not all are aware of the process of IVA. It will be helpful to seek opinion form experts before opting for an IVA.
An Individu...
Tagged: Mortgages, remortgage
An Individual Voluntary Arrangement or an IVA is a formal agreement between a borrower and a creditor. It is an alternative to bankruptcy. It is far better than going in for bankruptcy. Bankruptcy is ...
Tagged: Mortgages, remortgage
If you are one of the millions of people in the United Kingdom with a mortgage, you will know all too well that the declining financial situation of the country is still the most talked about financia...
Tagged: Mortgages, remortgage
Need money to fulfill any of your personal need? 100% guaranteed personal loan will ensure one gets the required amount of money for all the personal needs. These loans can be sued for any purpose. Th...
Tagged: Mortgages, remortgage
Remortgaging is the method of unleashing the extra equity latent in your home. Equity is calculated by deducting the loans against the property from market value of the concerned property. The real es...
Tagged: Mortgages, remortgage
When you first started your business, you may have taken out a business mortgage. This may have been to purchase a building for your business or even to furnish your business with equipment and furnit...
Tagged: Mortgages, remortgage
When a borrower applies for credit, lenders generally use the records held by credit reference agencies to know how risky a borrower is. Credit cards, if handled well can be a blessing. If mis-handled...
Tagged: Mortgages, remortgage
North Mortgages, Manchester's whole of market mortgage broker, has revealed an innovative
Remortgage Reminder Service to help home owner...
Tagged: Mortgages, remortgage
Going to a mortgage broker can take much of the work out of trawling the market for the best deal when buying your new house (or going for a remortgage). At the simplest level, they are there to find ...
