Articles:
Other sites:
Legal:
Remortgaging - Can it still be worthwhile?
If you want to find out whether you can save money by remortgaging ( pet insurance ) you need to do some homework and make a few phone calls. This article tells you what to do.
Author: Michael Challiner
- How to Tell if a Variable Rate Mortgage is for You
- The choice between variable and fixed rate mortgages is important. Yet the decision is difficult since it depends on the future direction of interest rates.
- Rate Tarts No Longer Welcomed By Mortgage And Credit Card Providers
- Mortgage lenders are taking steps to reduce the number of people switching their mortgages. This article looks at the situation.
- Refinance home distilling cash by renewing home loan
- Every year many people refinance their mortgage. Why and what to look out for.
- Mortgages and Loans. Islamic finance avoids interest.
- Muslims are forbidden by the teachings of the Koran to pay interest. This means that conventional mortgages and loans cannot be used. This article explains the alternatives available for Muslims and defines some of the words used in Islamic finance.
- Mortgages. The return of the Mega-Mortgage.
- All of a sudden, mortgage lenders love mortgages over £500,000. Great if you can afford them.
- HIP's – the full story
- Ready, steady, go! With just three months to sell your home using the forthcoming and compulsory information pack, you need to get your act together. Here we face the facts.
Mortgage lenders have a somewhat insulting ( insurance ) name for people who switch lenders to for lower interest rates - they call them "Rate Tarts". The author has a much more fitting description - Astute Shoppers! After all, why should you be subject to implicit criticism for ensuring you get the best deal? After all a £ from one lender as effective as a £ from another!
The mortgage industry is extremely competitive and as long as lenders use price ( motor insurance quotes ) as the main weapon in their marketing campaigns, price competition will encourage remortgagers to chase cheaper offers. Call them Rate Tarts if you must, but guess who'll be the richer for it! You're just playing the market by it's own rules.
In an attempt to curtail switching, some lenders have raised their ( car insurance quotations ) up-front charges whilst the more enlightened have improved their client retention programmes. In such a cut-throat market, accolades must be awarded for the best customer retention programmes but raising up front charge will reduce the lenders market share, although on better profit margins. It seems that some mortgage lenders still have to find out that carrots beat sticks!
Your home may be repossessed if you do not keep up your repayments on a mortgage or any debt secured on it. Security by way of a charge on your home may be required.