http://www.articleheaven.com en-us editorial@articleheaven.com One of the world’s biggest finance companies has pulled its self certification mortgage range from the market with immediate effect. The huge lender has their fingers in many different financial pies all around the world which means their UK self-cert l... http://www.articleheaven.com/article_610033_19.html 27th August 2008 Equity has long been the golden egg of the property investing world. Build up enough equity in your property portfolio and you will never need to work again. Countless celebrity investors and seminar givers have championed the call for us all to buy prope... http://www.articleheaven.com/article_610032_19.html 27th August 2008 Recent news has emerged regarding the staff of a well known lender finding themselves in a position in which they cannot refinance their own homes. Such a circumstance is quite ironic in addition to being ridiculous and shameful. The staff may not be the ... http://www.articleheaven.com/article_610030_19.html 27th August 2008 The Financial Services Authority has been slowly ramping up its operations to target mortgage fraud in the UK by gathering enough evidence to successfully prosecute perpetrators. High on the list is fraud involving adverse credit mortgage products. This t... http://www.articleheaven.com/article_610029_19.html 27th August 2008 Approvals for home loans in the UK have hit the lowest level ever recorded for a single month. The blame has been set squarely on the credit crunch as lenders are not only finding it difficult to obtain the funds to lend to home owners but they seem unwil... http://www.articleheaven.com/article_610027_19.html 27th August 2008 If you’re a homeowner, you’ll know only too well the cost of owning a house. With ongoing maintenance costs, council tax and more, often being a homeowner is at the expense of things like holidays and new cars. However, this needn’t be the case, wit... http://www.articleheaven.com/article_544271_19.html 21st May 2008 The Treasury has recently warned financial services firms to tighten their belts with regards to gaps in their services which could lead to money laundering activities by their clients. In particular the Government is targeting self-certification mortgage... http://www.articleheaven.com/article_543347_19.html 21st May 2008 With over a million UK householders reaching the end of their fixed rate mortgage deals this year the market for remortgages should be heating up. Instead, the market has cooled as the effects of the global credit crunch slowly erode the confidence and pr... http://www.articleheaven.com/article_543346_19.html 21st May 2008 There are many different ways you can negatively affect your credit history. If you cause enough damage to your credit file you may be forced to apply for adverse credit mortgages when looking to buy or remortgage your home. You should therefore be carefu... http://www.articleheaven.com/article_543345_19.html 21st May 2008 One of the key reasons for anyone buying a house is because it can turn out to be one of the best investments you’ll ever make. Everyone’s heard of the saying “invest in property”, and that’s exactly what you’re doing when you buy your own hom... http://www.articleheaven.com/article_542448_19.html 20th May 2008 In recent years a new type of mortgage product has entered the UK market – foreign currency mortgages. These mortgages are designed to help home owners save money on their home loan by saving on interest payments and reducing the balance through changes... http://www.articleheaven.com/article_542447_19.html 20th May 2008 Saving for a deposit to buy a home can be difficult during times of high property prices. This is particularly the case when the average price of a property rises above four times the average salary. This can make the task of saving for a deposit take sev... http://www.articleheaven.com/article_542446_19.html 20th May 2008 With the uncertainty of the job market in the UK today, more and more people are turning to working for themselves. While this can be a positive step in that it means you don’t answer to anyone but yourself, it can also open up another set of problems. ... http://www.articleheaven.com/article_541073_19.html 20th May 2008 With more than half of the UK population having more than what’s classed as “manageable debt”, it’s perhaps not surprising that bad credit mortgages are becoming more widespread. Getting onto the property market can be hard enough, but with a low ... http://www.articleheaven.com/article_541071_19.html 20th May 2008 According to figures, 10% of all homes bought in 2006 were via the buy-to-let mortgage option. Accounting for over £17.5 billion, it’s a number that looks set to grow, if 2007’s trends are anything to go by. Looking at what a buy-to-let mortgage offe... http://www.articleheaven.com/article_541070_19.html 20th May 2008 With the cost of houses and property continuing to rise, UK mortgages are also becoming more expensive. For first-time buyers, this is more of a problem than for those already on the property ladder. With the average cost of a new home now almost £200,00... http://www.articleheaven.com/article_538343_19.html 15th May 2008 The number of products available on the UK mortgage market has declined rapidly in recent months as lenders tighten their belts in order to lessen the effects of the credit crunch. Lenders in the UK have recently been withdrawing various types of products... http://www.articleheaven.com/article_537269_19.html 15th May 2008 Consumers are borrowing more money than ever before. UK residents have built up a huge pile of debt in recent years and it is still growing. The total debt of over one trillion pounds comprises of both secured borrowing, such as mortgages and secured loan... http://www.articleheaven.com/article_537267_19.html 15th May 2008 For several years Britain has been denying that it is facing the credit crunch that has gripped the financial markets of the United States. While financial institutions collapsed and entire neighbourhoods were abandoned to become ghost towns throughout th... http://www.articleheaven.com/article_536606_19.html 14th May 2008 As hundreds of thousands of UK home owners reach the end of the discount period on their fixed interest home loans most will look to remortgage to a new product some time this year. Only a few months go it seemed likely that most borrowers in this situati... http://www.articleheaven.com/article_534890_19.html 11th May 2008 Once upon a time self-employed workers found it nearly impossible to get a mortgage unless they had an enormous deposit and a large income from their business activities that spanned many years. Those times may be about to return as lenders are pulling th... http://www.articleheaven.com/article_534889_19.html 11th May 2008 Much like a broker can help you find the best companies and finance, etc, a mortgage advisor can also help you find the best option for you. He or she can also help you in the application process, and offers an excellent service for anyone buying a house.... http://www.articleheaven.com/article_527099_19.html 01st May 2008 Buying a house can be complicated enough, but trying to sort out which mortgage is best, what the different rates are, etc, can be like trying to pick your way through a minefield. That’s why using a mortgage broker is such a good idea, and one that mor... http://www.articleheaven.com/article_527098_19.html 01st May 2008 As well as the cost of getting a mortgage and buying a home, sometimes there are hidden costs that don’t become apparent until after the purchase of your new home ahs been agreed, or the price set with the seller. These hidden costs are usually in the w... http://www.articleheaven.com/article_526854_19.html 30th April 2008 With buying a house the biggest single financial outlay you’re likely to make in your life, making sure you get the right mortgage for you is extremely important. However, with a little bit of forward planning and some research, as well as making use of... http://www.articleheaven.com/article_526853_19.html 30th April 2008 With the price of the average home in the UK now standing at around a staggering £230,000, according to the Land Registry of England & Wales, getting onto the property ladder is becoming increasingly difficult. With most mortgages only allowing you to bo... http://www.articleheaven.com/article_523918_19.html 27th April 2008 Although most people would relate a mortgage to buying a home, they can also be used to buy a property that will be used by a company as a workplace. This can be for either business or commercial use, so it doesn’t matter if it’s for a shop, salon or ... http://www.articleheaven.com/article_523917_19.html 27th April 2008 One of the most confusing parts of getting a mortgage and buying your own home can be the interest rates. From the myriad of choices available to how the interest is actually worked our, it can quickly become confusing if you’re not sure what it all mea... http://www.articleheaven.com/article_523915_19.html 27th April 2008 If you suffer from bad credit and need to apply for an adverse credit mortgage product it does not mean that you will automatically need to use the services of a broker who will charge a hefty fee when helping you apply for a home loan. There are other op... http://www.articleheaven.com/article_517882_19.html 16th April 2008 A capped rate mortgage has an interest rate that cannot rise above a pre-determined level for a specified period of time. After the capped rate period expires, the interest rate of the mortgage reverts to the lender’s Standard Variable Rate (SVR). A ... http://www.articleheaven.com/article_481034_19.html 25th February 2008 While mortgage brokers need to be registered with the Financial Services Authority in order to advise clients on residential mortgages, no such rule exists for buy-to-let mortgages. This is because buy-to-let mortgages are regarded as commercial loans ... http://www.articleheaven.com/article_468532_19.html 05th February 2008 After a long period of low interest rates, soft lending criteria, and a strong property market, UK mortgage products have enjoyed a period of prosperity as never before. However, several incidents have occurred recently which have thrown the market into d... http://www.articleheaven.com/article_468529_19.html 05th February 2008 The sub-prime mortgage crises has claimed several scalps in the US but has so far failed to heavily affect the rest of the world. It is safe to say, however, that mortgage industry analysts are waiting with bated breath to see whether the UK financial mar... http://www.articleheaven.com/article_468528_19.html 05th February 2008 Selling your home privately can be an excellent way of saving on costs. Selling a property can attract a number of costs that can be difficult to cope with when combined together meaning that sellers may opt for a private sale in order to save money. T... http://www.articleheaven.com/article_467733_33.html 04th February 2008 On face value it can appear as though selling your home privately does not make financial sense. This is particularly the case where you are offered a price that represents a large discount off the price you wish to achieve on the open market. However,... http://www.articleheaven.com/article_461865_33.html 25th January 2008 If you have decided to sell your house privately and avoid the hassle and expense of employing an estate agent you may need to give your home a makeover first. Selling your home by yourself can be a great idea however it may require a through clean and so... http://www.articleheaven.com/article_461862_33.html 25th January 2008 Interest only mortgages allow borrowers to reduce their monthly mortgage payments by only paying interest on the outstanding loan balance. Capital repayments are not made on a monthly basis with interest only mortgages. Instead, the payment of the capi... http://www.articleheaven.com/article_460292_19.html 24th January 2008 There are several different types of methods for interest to be charged on mortgages. Tracker mortgages have a variable interest rate that moves roughly in line with the Bank of England Base Rate (BoEBR). Another popular type of interest rate is a fixe... http://www.articleheaven.com/article_460291_19.html 24th January 2008 In recent times, Independent Financial Advisors (IFAs) have been used by many people as an alternative to mortgage brokers. The main reason for this is that there is a crossover between the services they offer. IFAs and mortgage brokers usually receive... http://www.articleheaven.com/article_460290_19.html 24th January 2008 The lure of becoming self-employed and no longer having to answer to your boss is strong in the mortgage industry. A high proportion of mortgage brokers eventually leave their positions of employment to practise advising on their own once they gain the sk... http://www.articleheaven.com/article_460289_19.html 24th January 2008 The latest trend in the mortgage market has been an increase in the number of borrowers taking out a 100% mortgage. This means that the loan-to-value ratio of the mortgage is 100% rather than the 85% or less normally attached to more traditional mortgage ... http://www.articleheaven.com/article_460288_19.html 24th January 2008 A current account mortgage is a type of flexible mortgage product that combines several financial products into one single account. As with any other mortgage product, a current account mortgage will be secured against the borrower’s home. Current ac... http://www.articleheaven.com/article_460287_19.html 24th January 2008 Capped rate mortgages have variable interest rates that will not rise above a certain upper limit. The interest rate can rise or fall during the term of the mortgage, however it will not rise above the capped upper limit. Interest on capped rate mortga... http://www.articleheaven.com/article_460286_19.html 24th January 2008 If you are trying to stop repossession of your property, there are several things you can do to help the process. First and foremost, you should take good care of the property. One of the worst things you can do if you are trying to stop repossession i... http://www.articleheaven.com/article_459057_33.html 23rd January 2008 Fixed rate mortgages offer borrowers the ability to help budget for household expenses more accurately because they have an interest rate that remains constant for an agreed portion of the overall term of the mortgage - typically between one and five year... http://www.articleheaven.com/article_250499_19.html 17th January 2008 Offset mortgages are a type of flexible mortgage that allow borrowers to reduce the interest charged on their mortgage balance by offsetting the balance of any savings they have accumulated in a specified deposit account. For example, an offset mortgag... http://www.articleheaven.com/article_250495_19.html 17th January 2008 Home owners who are struggling to keep up with their mortgage repayments are being hounded by so-called “mortgage rescue firms” who promise to save potential evictees from home repossession.The cost of borrowing has increased considerably ... http://www.articleheaven.com/article_246637_63.html 14th November 2007 Qualified mortgage brokers must undergo a series of exams and receive some on-the-job training and experience.Because all financial advice in the UK is regulated by the Financial Services Authority (FSA), mortgage brokers fall under the stewar... http://www.articleheaven.com/article_246640_19.html 14th November 2007 Bad credit mortgage applications are subject to strict rules that are enforced by the mortgage industry regulator – the Financial Services Authority.The regulator regularly investigates whether the bad credit mortgage rules are being adhered... http://www.articleheaven.com/article_246641_19.html 14th November 2007 Many people find themselves in a situation in which they have inherited property from a friend or relative who has passed away. Inheriting property can provide a significant financial gain to the recipient, however, if the property is unwanted it will nee... http://www.articleheaven.com/article_242512_33.html 08th November 2007