So your remortgage is coming up and suddenly your repayments are looking like they are set to rocket – what on earth do you do?! We all know that interest rates have been steadily rising and anyone who has a mortgage has probably been following the news and biting their nails, wondering how it will …
Refinancing in the current economic climate Managing mortgages is never fun, is it? When you’re facing refinancing, even less so. With interest rates bouncing around all over the place, it is a worrying time for everyone, and no one more so than for landlords. To try and clarify exactly what is happening with the money …
What is happening in the mortgage industry at the moment and why are landlords so worried? Due to the ongoing instability of the financial markets, the mortgage industry continues to experience unprecedented levels of uncertainty with interest rates still rising and many rates and products being pulled. Not knowing how much your monthly mortgage payments …
A third of all home loans in the UK are remortgages, and refinancing your property can be a handy way to reduce monthly mortgage payments, save money in the long run and even access more equity. But how do you know when it’s the right time to remortgage your home and how you should approach …
If you’ve opted for a fixed-rate mortgage, you will know that your interest rates don’t fluctuate and that you’ll be paying the same level of interest every month. Fixed-rate mortgages are usually not only fixed in terms of interest levels but also in terms of time. So what happens when your fixed-rate deal ends? How …
If you are faced with the option of remortgaging for the first time, this guide is for you. Remortgaging is simply changing your current mortgage deal for another one and is usually something people do to lower their monthly repayments. Here’s everything you need to know about how your LTV (loan to value) can affect …
