The UK’s Financial Conduct Authority has declared that although seen historically as “dirty”, equity release loans are likely to become a “normal” component in the financial planning of the over 55s. In many cases where property is owned (or at least mortgaged), the over 55s can have a significant asset (their home) but be cash poor….
Cash out financing may seem like a great deal but may not be suitable for everyone. Before you involve yourself in cash out financing make sure it really is the right thing for you and that your motives are good. Always seek expert advice to outline the pros and cons of such a financning arrangement.
Mortgage refinancing is something that needs to be thought about properly. In fact you should always make sure that you take the correct advice from an expert who has your interests at heart. We have published an addition to the Mortgages section of FinanceGecko.com, which looks at 125 mortgage refinance.
If you need some help to Compare Remortgage Rates then take a look at our article which gives some useful hints and tips on what to look out for.
When you work for yourself one thing that can prove to be difficult can getting a self employed remortgage. This is why we have created our new article to help give some tips and advice on how to get a remortgage if you are in this situation.
If you are a UK resident and are currently looking for a remortgage deal there are a number of things you will likely want to consider. A recent article published on FinanceGecko.com looks at this and provides some things to think about. You can read the article here: Remortgage Deals UK
In the UK the Council of Mortgage Lenders has recently commented that bank mortgage loans introduced via brokers are at the lowest they have been for 10-years.
If you are considering a becoming a landlord you might need a specialised buy to let mortgage to acquire your property. If this is the case you might have heard of planning tools such as a buy to let mortgage calculator, which can help to understand how your buy to let mortgage will function over…
Within our new mortgage loans section we have just published the following articles: Mortgage Amortization Mortgage Amortization Schedules