New figures from UK Finance have revealed that the number of consumers opting to remortgage has risen by almost 20% year-on-year.
According to the data, there were 19,650 ‘like for like’ remortgages in May 2019, 21,370 where consumers borrowed additional … Read the rest
Last month, the government announced a new Green Finance Strategy designed to encourage households to make their homes more energy efficient.
Part of this strategy includes promoting the use of ‘green mortgages’ and a £5 million fund has been announced … Read the rest
Recent research from Moneyfacts revealed that the choice of products available to first time landlords has reached a record high. There are now 1,405 deals available to novice property investors, up from 645 just five years ago.
Tighter controls on … Read the rest
Did you know that just 30% of people in the UK have life insurance?
This alarming figure means that, according to Finder, 8.5 million people don’t have any life cover. Even those people with a mortgage aren’t always covered, … Read the rest
For decades, a 25-year term has been arguably the default starting point for all mortgages. Millions of borrowers have taken their home loan over this period, but now many experts see a 25-year mortgage as a thing of the past.… Read the rest
If you’re considering a fixed rate for your next mortgage, you’re not alone. The latest research from Experian has found that borrowers are overwhelmingly searching for fixed-rate deals as homeowners look for stability in uncertain times.
So how popular are … Read the rest
With thousands of products available in the market, choosing the right mortgage deal can be tough. Even if you decide that you prefer a fixed-rate deal, you’ve then got to work out how long you should fix your repayments for.… Read the rest
Your mortgage is likely to be the biggest financial commitment that you’ll ever have. So, it’s no surprise that you might want to repay this debt as quickly as you can!
Paying off your mortgage early means you’ll own your … Read the rest
If you’ve never taken any financial protection because you think these things ‘will never happen to you’, you’re not alone.
New research has found that Britain is living in ‘illness denial’, with more than half of us believing we will … Read the rest
According to many experts, it’s a good time to be a first-time buyer in London. Average house prices are falling across the capital, sales are down, and mortgage costs are low. Changes to Buy to Let rules also mean that … Read the rest