Money /

Remortgaging

  • What is second mortgage borrowing

    What is second mortgage borrowing

    We all have an understanding of exactly what a mortgage is; where you gain the finances to buy a property through a bank or building society. However, it’s not always clear what is meant by a second mortgage and how this affects your initial borrowing. What is a second mortgage? A second mortgage refers to

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    Is equity release right for me

    Is equity release for me

    If you’re a homeowner, over time your property builds up equity. You can choose to release some or all of the equity in order to receive a lump sum of money but is equity release for me? While it can seem like a great idea, it isn’t always the best option. It is a long

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    offset mortgages

    Offset mortgages

    Wouldn’t it be nice if you were only charged interested on portion of your mortgage? Offset mortgages give you the chance to do just that – and you don’t have to pay anything extra. So, what’s the catch? Well, there isn’t really one. You need to have savings for starters, as this balance is what’s

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    Understanding and calculating rental yield

    Understanding and calculating rental yield

    The buy to let market can be a really lucrative one, especially as demand has soared as more people are unable to make it onto the first rung of the property ladder. Understanding and calculating rental yield is important in making future decisions on your buy to let property purchase. Many people cannot afford to

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    What is a repayment mortgage

    What is a repayment mortgage

    Getting a mortgage can be a time consuming and difficult task, especially if you’re a first time buyer tying to get on the ladder. There are different types of mortgages, each with their own advantages and disadvantages that you need to be aware of. As it’s one of the most important decisions you’ll ever have

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    discounted rate mortgage

    How to remortgage your home

    Are you considering re-mortgaging your home? There could be a number of reasons why you want to re-mortgage; from saving money to getting additional cash for something important. Whatever the reasons, you need to seriously think about what re-mortgaging entails. There are many things to think about before you take the plunge. Find out whether

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