Looking at how you could help your child get a foot onto the property ladder? One option you could consider is a remortgage to help your child buy a home. Re-mortgaging is not your only choice though. We’ll look at the others below. But whatever option you decide is best for you, your main priority… Read more »
For anyone looking at getting a fixed remortgage deal, the clock is ticking on the current choice of low-rate products. Mortgage experts are warning that homeowners should take action fast. Rates for fixed remortgage deals and other products are expected to rise in the coming months. The logic behind this advice is the imminent rise… Read more »
Whether you’re a lion or a mouse when it comes to investing, hopefully you can spot a good opportunity when it happens. UK interest rates are still at 0.25%. This is their lowest level since the Bank of England was established in 1694. On the back of this, available rates for remortgaging your home have… Read more »
Was your January resolution was to take a better grip of your finances? Then remortgaging might be the solution you need for better control of your outgoings. Interest rates (for the moment) may be historically low. But are you among the two million homeowners in the UK currently on a standard variable rate? Or… Read more »
With mortgage rates so low right now, does remortgaging for debt consolidation make sense? It’s a question more of us are asking today. Over 6 million Britons don’t believe they will ever be debt free, according to new research. It found the average person in the UK owes £8,000. That’s on top of any… Read more »
Are you one of the estimated 4 million households in the UK languishing on a Standard Variable Rate (SVR)? Then you’re in the perfect place to remortgage and effectively get a Christmas bonus. More than a third (36%) of homeowners are currently stuck on their lender’s usually more costly SVR. Most are because they haven’t… Read more »
So it’s now official. Bank of England Governor Mark Carney has spoken. Interest rates will increase “in the relatively near term”. While this is good news for savers, for those with mortgages that are not fixed, it’s not such good news. Especially if you consider that just 10 years ago, interest rates were 5.75%. Strong… Read more »
Actually, for many people, it’s an easy answer. If you’re considering remortgaging and you have a low loan to value then you’re in a strong position to get a good fixed rate. Your LTV is what you owe on your mortgage compared to value of your home), If your fixed mortgage deal is almost at an end, then… Read more »
The answer will depend on your circumstances and the time you’ve got free to make it happen. Below, we’ll give you some guidance to help you decide which way to go. But one thing’s for sure. If you’ve got a mortgage on your home right now, it’s worth considering remortgaging. Strong reasons could be: You’ve… Read more »
