TO SWITCH OR NOT TO SWITCH: WHAT TO CONSIDER WITH ERCS - PROPERTY REPORTER Should I switch my mortgage now and pay an early repayment charge? It's a question many will be asking themselves as the mortgage market battles a huge wave of volatility and lenders temporarily withdraw mortgage [...]
'REPOSSESSION IS A LAST RESORT': FIVE OPTIONS IF YOU'RE STRUGGLING WITH YOUR MORTGAGE - YOUR MONEY Millions of homeowners are worried as the cost of living bites while mortgage rates are heading north. Here are five options if you’re struggling to meet monthly payments. The Bank of England has [...]
HOW TO GET A GOOD DEAL WHEN REMORTGAGING - WHICH? Homeowners face higher mortgage costs as base rate rises to 2.25% Rising rates could cause a shock to homeowners due to remortgage in the remainder of 2022, at a time when the cost of living is soaring. Mortgage rates [...]
INTEREST RATES: SHOULD YOU FIX YOUR MORTGAGE NOW? - YAHOO! FINANCE With interest rates expected to rise in the next few months, is it worth taking the hit of paying an early repayment charge and fixing your mortgage at a lower rate now? We’ve asked three mortgage experts on [...]
KEEP CALM AND TALK TO A MORTGAGE ADVISOR According to a survey from RFI Global UK Mortgage Council one in four homeowners say they are worried they won't be able to afford their mortgage payments over the coming year. Analysis by Accord Mortgage shows that almost £100bn worth of [...]
HOW TO CUT THE BIGGEST BILL OF THEM ALL ... YOUR MORTGAGE - THE GUARDIAN As other costs spiral you can take action by asking for a payment holiday or to extend the loan term. Spiralling energy, food and petrol prices, amid warnings of a recession, mean most households [...]
SHOULD YOU OPT FOR A TRACKER MORTGAGE? NARROWING RATES MAKE FIXED RATES MORE EXPENSIVE - YOUR MORTGAGE It is no longer a “no brainer” to go for a fixed rate mortgage with the price gap between variable and fixed deals becoming “more marked” than has been the case in [...]
COST OF LIVING: SEVEN STEPS TO HELP COMBAT RISING MORTGAGE RATES - ZOOPLA As the cost of borrowing increases, there are steps buyers and homeowners can take to help keep mortgage payments manageable. Key takeaways Opting for a longer mortgage term can help to keep your monthly outgoings low [...]
MORTGAGES FOR FIRST TIME BUYERS; A GUIDE TO BUYING PROPERTY AMID RISING INTEREST RATES - YAHOO! FINANCE Amid record-high inflation and escalating costs of living, the Bank of England raised interest rates again last week. Rates have edged up six times since December from a historic low of 0.1 [...]
FIRST-TIME BUYERS: HOW TO GET THE BEST DEAL ON A 90% OR 95% MORTGAGE - WHICH? Rates on low-deposit mortgages creep up after the base rate hikes. Rates on 90% and 95% mortgages are continuing to rise, after a sixth increase in the Bank of England's base rate. First-time [...]
