Tracker Mortgages – Are They Worth The Gamble?
How well do you know the money market? A tracker rate mortgage has a variable rate, usually a set percentage above or below the Bank of England’s base rate.
How well do you know the money market? A tracker rate mortgage has a variable rate, usually a set percentage above or below the Bank of England’s base rate.
For many people, purchasing a home is one of the largest and most important investments they will make after their education. It is important to make sure you choose the right mortgage, one you will be able to pay off within a reasonable amount of time.
Buying a property is likely to be the largest purchase you ever make – finding the right deal for you means choosing one mortgage from the many hundreds available. This will be much easier if you know what you’re looking for. What’s Your Status? Depending your life situation, age, income and financial status, you will need different things from your mortgage. Whether that’s flexibility, low rates or security, take the time to have a good look at where you are now, and w...
There are some new types of home loans coming onto the market which are being advertised at present. Several of the mortgage companies are offering variation of them and they are being marketed as “lifetime” loans. So might this be the end of the short-term mortgage? Not necessarily so, it appears that there are still bargains out there for those prepared to shop around. Mortgage brokers usually advise discounted short term mortgages and advise clients to regularly shop ar...