Archive for October, 2007
Tuesday, October 9th, 2007
Given the recent uncertainty in financial markets, the Bank of England took a cautious option to "wait and see"
Before the sub prime crisis affected the UK, many thought interest rates in the UK, would increase to 6% and possibly higher.
However, with the slow down in house prices and a growing ...
Posted in interest rates | No Comments »
Monday, October 8th, 2007
After remortgaging, the next best solution for saving money on your mortgage is making faster mortgage payments.
Faster Mortgage payments can be made in two ways:
Paying extra monthly repayments
Paying a lump sum when available
The good thing about making extra / faster mortgage payments is that everything goes on reducing the capital ...
Posted in mortgages | 1 Comment »
Tuesday, October 2nd, 2007
As the number of people with bad credit has increased there has been a corresponding rise in the number of companies willing to offer bad credit mortgages and adverse credit remortgages. Typically, these have been the most profitable aspect of the mortgage industry. This is because the poor credit ratings ...
Posted in remortgaging | No Comments »
