Most mortgage lenders will allow you to have the flexibility to make an overpayment on your mortgage without incurring a penalty fee. Overpaying on your mortgage is extremely beneficial as it can help reduce the outstanding repayment balance and help you pay off your mortgage faster and therefore saving you money. However, in the current [...]

But at the same time the State-owned lender reveals that more than 4% of its mortgage borrowers – over 22,500 people – have defaulted on their homeloans. Northern Rock was divided into a ‘good’ bank and a ‘bad’ bank on 1st January 2010. Its banking licence, new mortgage lending business and retail branches now form [...]

Research carried out Post Office Mortgages found that more than 28% of mortgage borrowers, equivalent to more than three million people do not know their mortgage interest rate and simply assume that they are on the best deal. More than a third (35%) of borrowers are currently paying their lenders Standard Variable Rate (SVR). In [...]

Are you a landlord in the United Kingdom? Do you rent out one or more houses in the United Kingdom? If so, then you will find the FREE ebook being offered by UPad in March’s edition of Property Pathways really useful. I’ve had a peek and it chock a block full of great information on [...]

Your home mortgage is often the largest debt most people have. In order to buy a home, taking out a mortgage is necessary, but have you thought about a mortgage debt reduction plan to pay it off quickly? Mortgage debt reduction needs to be a long term goal, but it doesn’t need to be difficult. [...]

A mortgage is often the single biggest financial commitment that many people make during their lifetime, yet fewer than half of all residential mortgage holders choose to take on protection of their mortgage repayment ability with mortgage protection insurance. Mortgage protection insurance, or mortgage payment protection insurance, is a form of insurance that ensures mortgage [...]

Consider this hypothetical scenario – you died yesterday. What are the consquences today for your family? Will they be able to meet essential commitments like mortgage repayments or rent, car repayments or even food?This is where life insurance can assist, by providing a lump sum in the event of your death, which your dependants can [...]

Shareholder loans are optional loans for homeowners who want their homes as security is a promise of a new loan to be used. TheEquity release loans offer a sort of flex loans that large sums of homebuyers for the value of their homes. These loans are oftenplan in two forms, is planning a mortgage equity [...]

Mortgage protection is rarely talked about by people buying houses. Amidst the excitement and piles of paperwork involved with purchasing a property, mortgage protection can seem like just another complicating factor. However, if times do get hard, this step might just save you from serious financial hardship and from even repossession of your property. Here [...]

Being able to apply and finally get an approved mortgage is definitely a blessing for all aspiring home buyers. Low interest rates, flexible terms and conditions make your mortgage payments easy and also you can maintain consistency in your deal to make regular mortgage payments. This will definitely help you add positive remarks to your [...]