With Banks now actually competing for business, they are attempting to top comparison tables with low rates but disproportionately high arrangement fees. Research from 'Moneyfacts' now shows that the average arrangement fee is now £1030.This could work for you, but might not. Ultimately it depends...
All this political brinkmanship in the Euro-zone and the USA is causing quite a lot of uncertainty. The debts need to be dealt with and at the last possible moment Greece was bailed out last week.Expect the same in the USA on August 2nd. The effect...
This video highlights some useful information about your credit score as well as the best place to actually check your credit rating…...
No. Not going to be allowed to happen. Portuguese default? No. Spanish? No. Italian? No. No no no! Why not? Because it doesn’t suit the Bankers. Lehman brothers did not work out very well. Political upheaval is a worry, but can be controlled. Poor old...
Diligent, helpful and proactive. That’s what you know us as and don’t deny it. So imagine our frustration and dismay last Friday morning when we couldn’t get hold of one of our main London property owners. This deal had a few hours to go through,...
The lack of funding in the mortgage market has opened up new ways for new players to enter the world of mortgage lending.Sir Callum McCarthy, former chairman of the FSA, is heading up a new lender, Castle Trust. The firm will offer partnership mortgages. They...
Banks are very keen these days to promote the concept of “loyalty”. A recent development has been the launch of lower rates for customers with existing bank accounts. Funnily enough though, normally a “loyalty deal” can be beaten by just shopping around the mortgage market.Really...
A quick note on this a few days after the news that Santander are now insisting that all mortgages with loan to values over 50% are set up on a capital repayment basis (i.e. no interest only).This news signals either a dramatic worsening of lending...
Here it is, the annual awards for the most preposterous mortgage moments of the previous year. Of course this is a very keenly contested award, with lenders and life providers going to great lengths to outdo each other.Frankly, these guys are EXPERTS in their fields....
I have been delighted to use The Mortgage Works (TMW) Light Refurbishment product for Buy to Let. Whilst it has been on the market for a number of months, I have just had reason to use it for the first time. And what a great...