Mortgage holders facing "significant jumps" in payments by Finance News Bulletin

Published: 17/12/07

Borrowers with changeable rate mortgages are expected to see their mortgage repayments increase significantly following new interest rate rises, it has been claimedHowever, according to L &C, even those with fixed-rate mortgages are likely to see their repayments add to as their deals come to an endJames Cotton, mortgage expert at L &C, comments: "The sum shock for many borrowers will be substantial when their deals approach to an end and it's important that they do all they can to minimise it"Those looking to find a mortgage deal are advised to look what their lender is willing to present and then consider shopping around for improved mortgage rates, he added

In related news, Nationwide recently announced that it had greater than before the rates on a figure of its fixed-rate and tracker mortgages Matthew Carter, divisional director for mortgages at the solid, said that the products continued to be "spirited" compared with those offered by other mortgage lenders "However, money market tax have been increasing steadily and we have found it necessary to increase our tax," he remarkedInterest rate worries fuelling fixed-rate mortgages, financing analyst argues - Thu, 10 May 2007Today's Most Popular consequences Mortgage Enquiry Form Need Life Insurance

------ Mortgages - in order Mortgages - Home ------ monetary Services - HomeNone of the information on this website is future to promote any specific mortgage product or give mortgage advice Mortgagescouk is a non-regulated trading name of monetary Services Net Ltd

[Terms & Conditions]more sites:car insurance| house insurance | cheap flights | ink cartridges |

Visit original article: