At one point or another most people in the UK have heard the term mortgage fraud before. While most people may consider mortgage fraud to be the domain of professional con artists and hardened criminals, this is not necessarily the case.
UK Mortgages For The First Time Buyer
With the cost of houses and property continuing to rise, UK mortgages are also becoming more expensive. For first-time buyers, this is more of a problem than for those already on the property ladder. With the average cost of a new home now almost £200,000, its almost becoming an impossibility to get your first mortgage.
Some Help With Getting The Best Mortgage.
If your credit rating is bad, you can take steps to improve it. This is a bureaucratic chore, but can save you hundreds, if not thousands of pounds.
Mortgage Tips For Nervous Buyers.
HERE’S A BIG TIP: ALWAYS NEGOTIATE. The first quote you’re offered is not the bottom line. It’s easier to get a better deal from one lender if you’ve been offered a good one previously by another. You can use this as ammunition when speaking to the loan officer.
How You Can Get A Mortgage The Cautious Approach.
A popular mortgage at the time of writing is an interest-only one. This requires that only the interest on the mortgage is paid off on a monthly basis. The rest of the actual amount borrowed is then paid off via other means e.g. a pension, an endowment, or in the UK, an ISA.
How To Get A Mortgage You’ll Be Happy With.
These days, may people have poor credit. With the explosion of cheap and easy credit, more people have been landed with a poor credit rating. This has led to the phenomenon of the sub-prime mortgage.
Discover The Best Value Mortgage For Your Money.
A mortgage or loan varies according to:
Discover The Value Of Canny Mortgage Research.
You hear people griping about the cost of consumer products these days. The socialist-student-worker-miser believes capitalism is inherently wicked. Someone is out to screw him. The truth is ‘yes’, someone is out to screw you, and will, but only if you let them. They’re not obliged to get you the best deal, and you’re not obliged to take the first deal they offer. Don’t let your greed for a mortgage override your good sense. If a deal seems too good to be true, it probably is…
UK mortgage and remortgage deals
Mortgage is a way of securing a debt by using your own property as a guarantee to the lender. If For some reason you cannot pay your debt in time you may lose the property. The term mortgage itself refers to the debt and also to the legal device used when securing the property.
UK Personal Debt Problems Creating Hardship For Nations Young Adults
Problem personal debt levels, especially for people under 25, in the UK have risen since last year according to the Consumer Credit Counselling Service (CCCS). In a report released this week they revealed that the average client aged under 25 coming for counselling in 2005 owes £15,000. The report also states that More young people are getting themselves into situations where they find themselves unable to meet their unsecured credit commitments.
CCCS chairman Malcolm Hu…
Discover The Value Of Canny Mortgage Research
Don’t let your greed for a mortgage override your good sense. If a deal seems too good to be true, it probably is.