Quick Links

Finance News

8/10/2008 - Several banks have cut mortgage rates with more expected, following the shock 0.5% cut in the Bank of England’s cost of borrowing. Read story

29/9/2008 - Lloyds TSB has announced that it’s 2-year and 3-year fixed rate mortgages rates are to be increased. Read story

26/9/2008 - More lenders have increased the cost of their fixed rate deals, some by as much as 0.5%, adding £450 to a typical mortgage. Read story

26/8/2008 - Several lenders reduced the costs of their fixed rate mortgage deals last week, but usually only to those with at least a 25% deposit. Read story

16/8/2008 - Official figures indicate 28,658 repossession orders were made in England and Wales during the second quarter of 2008, up 24% on the second quarter of 2007. Read story

Mortgage and Remortgages

Mortgages and remortgages are available to people wishing to borrow money in order to purchase their own home.

Remortgages may be offered to people wishing to lower their current monthly payments, those wanting a more flexible mortgage and those wanting to raise money for a variety of other purposes.

Adverse credit mortgages and remortgages can be harder to obtain, but if you do have a CCJ etc, then it can still be possible to obtain credit for a mortgage.

But remember - whatever you are using the mortgage for, if you don't keep up repayments you could end up losing your home. Ensure that the monthly payments are affordable now - and if interest rates go up in the future.

If you want to calculate what your monthly repayments might be, then use a suitable calculator and try a few different variations. You could use one to see what the difference would be if rates changed to help you decided whether a fixed rate mortgage is better than a variable rate.

Or it may be that you are Self Employed and need a Self Cert Mortgage. Or maybe you are just totally lost trying to Compare Mortgage Rates and need some advice to compare rates.

Whatever your reason for visiting this site today we thank you for you time and hope that whether you are a first time buyer or are remortgaging need previous CCJs Allowed that you find a suitable product.