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...
Category - Mortgages
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...
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...
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...
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...
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...
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...
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...
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...
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...