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Refinance Mortgage Advice UK 2008 - Are Rates Going To Keep Rising?

Question by Tina | Posted in Personal Finance

would be it knowledgeable to lock myself into a fixed rate deal of 6.40% for 5yrs - or would it be more to go for a shorter fixed deal in case rates do be a question of down over the next five years?

Answer: Possibly, maybe not .... no one KNOWS where rates are going to be over the next 5 years.

However you can get some suspicion of 'expectations' of the market by looking at UK Government Gilt yields ... currently these are approx 5% (i.e.

 
 

Thinking Of Buying A Home For My Student Son.Mortgage Advice? UK?

Question by honey | Posted in Renting & Real Estate

I have enough equatity in my line,so should I increase my mortgage ,and buy the second house for cash....Or should I pull up a mortgage on the second house.I will only need it while hes at uni....Or will it be a lot less hassle and lately rent a hovel?

Answer: If you buy the quarter with a mortgage, you could rent out the spare bedrooms to other students and receive tax mezzo-rilievo 'medium relief' on the interest.
On the other hand, just purchasing a house for 3 years sounds like a lot of inert money

 
 

Where Is The Best UK Mortgage Advice/tutorials Online?

Question by Martin | Posted in Renting & Real Estate


Answer: moneysavingexpert.com - Is a tremendous site for any advice on finanical based questions!

 
 

I Want To Top Up My Mortgage (UK). Advice Please?

Question by clara1 | Posted in Renting & Real Estate

I have a mortgage (£129,950 red to pay) i have no equity but a deposit of £18,500 for a top up (my fix term is ending in june 2010). i hankering a bigger house worth £160,000-£175,000. Many thanks in abet for your advice.

 
 

What Is The Best Place To Find Mortgage Advice In The UK?

Question by webaddict | Posted in Renting & Real Estate


 

How to buy a house at UK auction

Buying a accommodate at auction is easy when you know what you are doing but can prove costly if you dont take some sincere precautions. John H Davies ...

Bank of England warns of greater difficulty in getting a mortgage

by admin

NEW YORK, June 29 (Reuters) - Fannie Mae, the largest provider of funding for U.S. well-informed in mortgages, on Tuesday said its mortgage investment portfolio grew in May, while delinquencies on loans it guarantees slowed significantly. The portfolio increased by an annualized 43.6 percent appraise to $813.7 billion in May from $789.5 billion the aforementioned month, the Washington-based proprietorship said in its …

Source: Bank of England warns of greater difficulty in getting a mortgage

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