Where to Find the Cheapest Mortgage?

Finding the cheapest mortgage is not as easy as it might seem. It can be tempting just compare the interest rate and pick the one that is the best. Many comparison websites will do this for you and it is simple to just enter a few details and then pick the cheapest provider from the list that they give you.

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Borrowing for the Extras on Your Mortgage

When you are taking out a mortgage for a new property, it can already feel very daunting to borrow the amount of money the new home is worth. We are literally talking about hundreds of thousands of pounds on average here, and therefore, being persuaded to borrow even more money for little extras can seem like the final straw. But

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Is Sir Mervyn Right About Help to Buy?

It's making the news rounds in the world of finance, so we wanted to cover it right here for you. Sir Mervyn King has come out against the wildly popular help to buy mortgage scheme. If you're out of the loop, this is basically a program that gets UK would-be homeowners into homes much faster than without the scheme. King

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Is Mortgage Life Insurance Still Worth It

Are you thinking about mortgage life insurance right now? Chances are good that you've seen some advertisements for it, and you're curious as to how it could possibly improve your life. The truth is that you will need to think carefully about this type of policy because it has its advantages and disadvantages. The proper term is actually "mortgage decreasing

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Variable Rate Mortgages

What are variable rate mortgages? Variable rate mortgages are either based on the lender’s standard variable rate (SVR) which is an interest rate set by the lender but dependent upon the Bank of England’s base rate or they can be directly linked to the base rate, in which case they are called tracker mortgages. As a rule of thumb, a

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Fixed Rate Mortgages

What are fixed rate mortgages? Opting for a fixed rate mortgage will mean that your mortgage payments are set for a fixed period of time and will not change regardless of what happens to the Bank of England base rate. In other words, you will be charged the same interest rate every month for the term of the agreement, which

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