Many consider that getting a home loan at good interest rates is nearly impossible for startup employees because of unstable income. But that’s not the case as many lenders these days have good home loan options for startup employees or self-employed professionals and non professionals. The criteria, on the other hand, for approving a home… Read More »
Nitin was a first-time homebuyer. His parents had never owned a house. So, he had very little knowledge about the home-buying process. Just before applying for a home loan, he spoke to his cousin Ashish. It turned out to be a fruitful conversation. Ashish had recently bought a property. So, he informed Nitin about some… Read More »
According to statistics released by the Council of Mortgage Lenders (CML) in March of 2016, there has been a significant increase in the number of remortgages granted by lenders. The figures showed an overall increase of 32% in the value of mortgages compared to a year ago and an increase of 35% in January… Read More »
Images Money Owning a home means investing in your future finances. One thing that might shock you, though is that home owning is sometimes a gamble. You may think that your home will always keep its sale price, but external factors could be bringing down its value. If you want to protect your finances, you… Read More »
The worst fear of any homeowner is defaulting on their mortgage. Not only does it result in the loss of the most valuable asset most people eve have, but it also leaves them unable to get another mortgage loan for years. Worse, it leaves a mark with the credit reporting agencies that can cause a… Read More »
Many people talk about taking out a mortgage, but very few understand what this actually means. This is a massive financial commitment; probably the biggest one you’ll ever make in your life. That means you need to make sure that it’s the right thing to do for you. You also need to make sure that… Read More »
Link to source of image If you’re a first-time buyer looking at buying a home, you might have come across the Help to Buy scheme and something called “shared ownership schemes.” While the former is a Government scheme, the latter are run by housing associations. Both of these options can help first-time buyers get onto… Read More »
If you are about to take your first steps onto the property ladder, you are no doubt feeling tentative about the huge financial commitment that you are making. If you want to make sure that you are making a sound financial decision, there are some things that you need to know. Your mortgage advisor may… Read More »
Simon Cunningham When you are stepping into the world of mortgages, you may get a little confused and wonder if the agent is acting in your best interests. That is why it is best to arm yourself with as much knowledge on the subject as you can before you apply for one. It is probably… Read More »
