Archive for the ‘remortgaging’ Category

Biggest Mortgage Mistake - SVR

Friday, February 15th, 2008

The simplest yet most common mistake of any mortgage holder is to stay on a mortgage lenders SVR. Standard Variable Rate. A Standard Variable Rate would be better called. 'Our most expensive form of mortgage'. If you look at any of the big mortgage lenders, you will see that they have ...

Bad Credit Remortgages

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 ...

Northern Rock and Remortgaging

Monday, September 17th, 2007

This week Northern Rock is likely to see savers flock to the bank to withdraw their savings. Last week, Northern Rock suffered a severe credit shortage. As a result they had to borrow emergency funds from the Bank of England to ensure liquidity for its mortgage business. The last time the ...

Remortgaging through self certification

Monday, August 6th, 2007

Self certification is often associated with the sub prime / bad credit section of the mortgage industry. However, in practice self certification mortgages have become increasingly main stream in recent years. Evidence suggests that the self certification market is likely to continue its growth. Traditionally self certification mortgages are aimed at ...

Reasons for Remortgaging

Friday, June 1st, 2007

Remortgaging is an opportunity to both save money and, if necessary, raise capital against the value of your house. Remortgaging for Equity withdrawal. If you bought a house with a £130,000 mortgage and the value increased from £150,000 to £210,000, the bank is likely to agree to lend a bigger mortgage. Assuming your ...

UK Mortgage Re finance

Sunday, April 22nd, 2007

There are an increasing array of options open to people looking into re financing (or remortgaging) It is worth investigating the various options available to you as it can make a significant difference to your monthly repayments.These suggestions will help you to get the best deal on mortgage refinance.1. Contact ...