Mortgages – Page 5 – Mortgage Blogger

Mortgages

Top tips for getting a mortgage for pensioners

Following the introduction of the Mortgage Market Review (MMR) some lenders have introduced new age restrictions for their mortgage lending. If you are looking for a mortgage for over 60s or a mortgage for over 50s then you will probably find out that your choices are more limited than compared to a couple of years

Mortgages

Weighing the Consequences of Selling your Endowment

Mortgage endowments are pretty hot right now — they’re basically an investment that’s supposed to let you not only pay off your home loan but also give you a little cash to celebrate with. Now that’s an investment we can definitely get behind. Unfortunately, if the fund doesn’t do well then you could be left

Mortgages

A Silver Lining – Mortgage Rates Are Expected to Fall Quite a Bit

We just commented on the sharp rise in mortgage arrangement fees, but what about those mortgage rates? Rates have been at the top of everyone homebuyer’s mind as they try to break into the property ladder. Does that mean that your dream of owning your own home just isn’t going to happen? That’s not the

Mortgages

Getting the Best Mortgage Life Insurance Prices

When you take out a mortgage the lender will insist that you have life insurance. This will cover their investment if anything happens to you. So if you die, the insurance will pay off the remaining balance of the loan and so the house will be paid off. This insurance can add up to quite

Mortgages

What are Enhanced Lifetime Mortgages?

Enhanced Lifetime Mortgages fall within the category of equity release mortgages for people in or nearing retirement. Like standard equity release lifetime mortgages, the purpose of the mortgage is to release equity from the owners property which they can use to finance their retirement or other necessary or desirable requirements. What makes Enhanced Lifetime Mortgages

Mortgages

What Is the Conveyancing Process?

Buying and selling a house is generally not a quick process, and all of the steps can take several months to complete. It’s good to know exactly what happens throughout, so that you can be aware of what you need to do, and what your conveyancing solicitors are doing. Find Your Conveyancing Specialists The very

Mortgages

Is It Becoming Tougher to Get a Mortgage?

It was only a few years ago that just about anyone with a pulse could visit a lender and walk out with a mortgage. How times have changed. These days, it has become far more difficult, as many lenders tighten their belts and make their lending criteria stricter than ever. Make no mistake about it,

Mortgages

Why You Should Avoid Interest Only Mortgages

Recently, both HSBC and the Yorkshire Building Society have stopped offering interest only mortgages to their new customers. This news comes on the wave of other announcements about the state of interest only mortgages in the UK, which have recently been affected by a regulatory clampdown. Each new story seems to further highlight the inherent

Mortgages

What to Look for When Choosing a Mortgage

There are a lot of different types of mortgages around as well as many different lenders. It can be quite confusing knowing exactly what to look for. The main thing to consider is the cost. A mortgage is a very long term loan and it is therefore extremely expensive. You need to consider how you

Mortgages

The different kinds of mortgage explained

When you get your first, mortgage, or when you decide to remortgage, there are a lot of different types and deals to choose from. It can get quite confusing. That’s why mortgageblogger.co.uk has put this guide together, explaining the different kinds of mortgages and mortgage rates. Types of mortgage There are two types of mortgage: