Self certification mortgages and self certification remortgages are useful financing options for those individuals looking to buy a new home or obtain a new mortgage in the UK. Those individuals who will find a mortgage of this type most useful are those who are gainfully employed yet may have a difficult time showing where the money comes from and how much money they receive on an annual basis. Examples of individuals who may experience this problem include those who are sel…
Hips The Full Story
Home owners will soon have just three months to sell their homes or be forced to re-issue the sellers information pack at an estimated cost of £1000 for the average semi-detached home. This would be in addition to the original £1000 paid out for the original sales pack.
Much has been written about the Home Information Packs (HIPs). Here we aim to examine the final details, just released.
From June 2007 it will be compulsory for all sellers to produce a dossier contain…
Housing Market Cools But More Needs To Be Done To Assist Buyers
The figures show that house price inflation slowed to only 0.1% in April, significantly slower when compared with a 1.1% increase for March, and the annual house price change fell to 4.8% in April from 5.3% in March, leading to an average UK house price increase of £1490 to £163,573, from £162,083, up by nearly £7,500 more than at this time last year. This is equivalent to a price increase of more than £20 per day over the last twelve months.
According to Nationwide’s Grou…
How Do I Choose A Lender?
The growing demand for various types loan has led to the increase in the population of lenders in the country. Other than Banks and forms of financial institutions there are private lenders and mortgage brokers.
Fed Hikes Interest Rates Again
Once again, interest rates continue to spiral upward. Will already squeezed Americans shake it all off and shop this Christmas season or will merchants be forced to slash prices to the bone? It gets interesting!
Buy To Let -The Pitfalls
Taking on a property in addition to your home can be a time consuming and complex matter. Before you become a landlord (or lady), make sure youve thought it through!
Buy To Let – The Pitfalls
Taking on a property in addition to your home can be a time consuming and complex matter. Before you become a landlord (or lady), make sure youve thought it through!
Tenants
While you may be lucky and find the perfect tenant by chance, its a good idea to interview potential tenants first. You can ask for references from previous landlords or employers to reassure yourself that they are trustworthy and solvent. While students provide a large part of the tenant market, …
Buy To Let A Change For The Better
Life is set to become a whole lot easier for UK landlords if the findings of a Law Commission report, currently coming up to final draft stage, are to be implemented.
If you own a buy-to-let property, or are considering joining the growing band of landlords, it is important that youre aware of proposed new legislation regarding tenancy agreements. These are designed to remove some of the head-aches associated with the legal aspect regarding rental agreements.
It appear…
Commercial Mortgages Transform – Jan 2007 update
Many commercial lenders have gone out of business, where purchased, or have filed bk. Here is a summary of how commercial lending in California is being affected.
Difference Between Private Lenders And Banking Institutions
If you have decided to take or loan or mortgage then the facilities available are immense. There are wide variety of banking institutions, banks and brokers who are available to provide loan
Different Types of Lenders
According to Carrier Reeder, debt adviser: The most important type of loan is home loan and as in other cases the choice of lenders are immense.
An Increasing Trend In Lending
The reasons for mortgages or loans are because of the high spending rate of the people in USA. According to the news agency USA TODAY there seems to be a reduction in the saving rate of the people.