Another reason someone may consider remortgaging is to release cash to buy another property for investment purposes. Homeowners with very little pension income or the realization that they will be left with a miserable pension post-retirement are looking at alternative avenues to supplement their future pension income. This is how remortgaging for pension income works in practice: Emily Flowerpot,... »
According to Google: building society, noun, British: A financial organization which pays interest on investments by its members and lends capital for the purchase or improvement of houses. The 2008 financial crisis led to a number of banks closing down, and those still standing have tightened their lending criteria. Some of you have tried to get a mortgage but been turned down for not meeting the... »
The Family Springboard Mortgage enables first time buyers and home movers to get on the property ladder with 0% deposit. Barclays will lend you up to 90% of the property value (subject to your income and monthly expenses), provided you can get a family member, friend (helpers) to deposit 10% of the property’s value in an interest bearing account with the lender for a period of 3 years. The h... »
New UK Mortgage Lender, Pepper Money claim to have an appetite for the ‘interesting’, offering residential and buy to let mortgages exclusively through mortgage brokers. They focus on helping clients that are often rejected by the main high street lenders: the recently self-employed, those with credit blips, complex income, young credit history, or previous financial difficulties. If you’ve been t... »