Net-Teams - Bookmark Tag mortgage lenders

There are 13 articles associated with the tag mortgage lenders!

#	Total Bookmarks	Article Title/Link and Description
1.	Bookmarks: 0	What is an Interest Only Mortgage The CML (Council of Mortgage Lenders) show that nearly 6 Million people have received mortgages that are interest only. Interest only mortgages means that your monthly payments are applied only to the interest accrued on the debt and not the actual debt itself
2.	Bookmarks: 0	The Offset Mortgage – Why Is It Growing In Popularity? The biggest innovation in the mortgage market in recent years, the offset mortgage, is now starting to take a significant share of the market. Now, only six years after they were introduced, the offset and the current account mortgage account for 10% of all borrowed mortgage capital. According to one of the UK's largest mortgage lenders, as many as 25% of existing mortgage holders could save money in the long run by choosing an offset mortgage. If you're one of those poss...
3.	Bookmarks: 0	The Basic Concept Of A Mortgage Mortgages can be obtained from banks, specialist mortgage lenders and online lenders. If you are looking for a mortgage, you should shop around for the best deals before committing to one lender. In order to get the mortgage, you need to show proof of income, and how much the property you want to buy is worth.
4.	Bookmarks: 0	Life Assurance - Protecting your mortgage The first time that many of us will think about life assurance is when buying our first home. Many mortgage lenders insist that life cover is taken out when offering a mortgage, to ensure the loan will be repaid if the borrower dies. Even if this is not the case, it is prudent to do so if you have a partner or family who will suffer from losing your income to help make monthly mortgage repayments should you die.
5.	Bookmarks: 0	A Brief History Of Buy-To-Let Mortgages Evolution of the Buy-to-Let MarketInvesting in property is a relatively new phenomenon in the UK. Prior to 1990 rental properties were dominated by the Government. The private rented sector only began to emerge once the Government changed its housing policy in the 1980s and mortgage lenders began to introduce specialist buy-to-let mortgages.During the post-war period of 1945 to 1980, the UK Government did not favor the private rented sector. A number of housing polici...
6.	Bookmarks: 0	Creative Financing For Your Mortgage - Pros And Cons Of Using Creative Financing Why Don't We Hear More About Creative Financing? The largest majority of residential real estate financing is provided to home buyers by traditional mortgage lenders through traditional channels. However, there are multiple alternatives to the traditional mortgage that are unknown to most borrowers, and some of these alternatives present potentially greater benefits. The reason for the lack of popularity of such options is they have miniscule or even non-existent compensation...
7.	Bookmarks: 0	Mortgages. Why Interest Only Can Be A Risky Option The Council of Mortgage Lenders’ figures are showing a growing trend in interest only mortgages. From January to March 2002, 9% of new mortgages were interest only. Now take the period from October to December 2005, and the amount of new interest only mortgages has risen to 23%. In the same timeframe, the number of first time buyers choosing interest only mortgages has increased from 6% to 15%.There’s a good reason for this upturn, and that’s because the monthly payments ...
8.	Bookmarks: 0	Mortgages. The Pitfall Of Interest Only Mortgages. In the first three months of 2002, just 9% of all new mortgages were taken as interest only - but by the last quarter of 2005, the figure had risen to 23%. And amongst first time buyers, the figures rose from 6% to 15%. (Source: Council of Mortgage Lenders.)The reason is obvious. It's down to family economics. With an interest only mortgage, the monthly repayments only repay the ongoing interest so your monthly repayment is low. Repayment of the capital borrowed is delaye...
9.	Bookmarks: 0	Fixed Rate Mortgages More Popular Than Ever The Council of Mortgage lenders recently reported that an amazing 71% of all mortages and remortgages in April 2006 were arranged on fixed rate terms, that’s 17% higher than the same period last year. The increasing attraction of fixed rate deals is a product of the attractive offers being made by lenders together with a desire by consumers to lock-in to the current low rates for as long as possible.The balance shifted slightly towards new mortgages and away from remortga...
10.	Bookmarks: 0	House Price Rises – A Cautionary Tale In general, property prices appear to be rising. Between January and May 2006, the uplift in house prices across the United Kingdom averaged 4.4%. In the event that this trend continues, then the yearly rise will be 13%. This will put the average house price at almost £195,000.The Council of Mortgage Lenders confidently expects 1.2m property sales to be completed this year. This is a rise in the 970,000 previously predicted. They also expect mortgage loans to be £10billio...
11.	Bookmarks: 0	Mias Calls On Mortgage Lenders To Fix Their Exit Fees MIAS, the Mortgage and Insurance Advisory Services (http://www.mias-ltd.co.uk ), is concerned that, despite the recent publicity and various campaigns in the press, borrowers are still being stung by punitive exit fees.Lenders charge exit fees when customers redeem their mortgage in full, for example, by switching their mortgage to a rival lender. Exit fees can also be termed administration charges, sealing fees or deeds-release fees and are raised to cover the cost of ta...
12.	Bookmarks: 0	Take The Fear Out Of Qualifying For A Mortgage Not knowing if you will qualify for a mortgage loan may be a bit scary. But to increase your odds of getting approved there are a few helpful steps:You need to wait for at least two years after the final discharge of any bankruptcy you may have filed.A waiting period of three years from foreclosure finalization is required for any foreclosure filings.For the previous one year (12 months) you should have no late payments on your credit report. Mortgage lenders wil...
13.	Bookmarks: 0	How To Get Home Loan With Bad Credit With flexible payments and terms, today’s mortgage lenders offer a wide variety of loan products. Who benefits? Frequently, it’s borrowers with less-than-perfect credit.Let’s say you want to refinance your mortgage or apply for a new home equity loan, but are concerned about your spotty credit history. The solution could be a so-called bad credit home loan. These mortgage loans are specifically designed to assist borrowers consolidate debt quickly while keeping their mont...