New fixed-rate mortgage launched - Published:25/09/07
L&C claims this novel mortgage will present customers with both security and suppleness by means of a fixed-rate of 599 per cent for up to 30 yearsMortgage Specialist at L&C James Cotton commentary that this mortgage deal solves the problem of customers wanting the security of a fixed-rate without early refund charges"Our recent survey shows that whilst borrowers are attracted by the security that long-term set rates can offer, the ERCs [early refund charges] that go with them are the biggest twist off," he remarksThe poll conducted by L&C last month found 48 per cent of mortgage borrowers would think a 25-year fixed-rate mortgage but over two-thirds (68 per cent) of these people would only be able to run early repayment charges for five yearsThis latest mortgage contract comes after a spate of high road mortgage lenders announcing new fixed-rate mortgages Halifax structure Society and Nationwide are now selling borrowers 25day fixed-rate mortgages at 639 per centFixed-rate mortgages should be approached with extreme caution, specialist advises - Fri, 03 Aug 2007novel fixed-rate mortgage launchedNone of the information on this website is future to promote any specific mortgage product or provide.
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Borrowers face fixed-rate mortgage rise, expert claims - Published:22/05/07
Many borrowers could countenance rises in their premiums as fixed-rate mortgage deals come to an finish, an expert has warnedMore than one million homeowners have been urged to look at their mortgage deals, as their fixed-rate conditions could be coming to an endThis could see monthly mortgage payments "add to massively" unless they take act, according to MoneyExpertThe company's research has discovered that borrowers with three-year fixed-rate mortgages could find their rates increase to around 655 per cent, which is two proportion points higher than the average mortgage taken out in 2003Sean Gardner, chief decision-making of MoneyExpert, explained: "Homeowners who were smart enough to fix their tax in 2003 can't take their good fortune for decided" Interest rates are rising and standard mortgage rates are too If they put on't keep their wits about them they'll sense the pinch where it hurts – in their back pockets"These sentiments reverberation those of Ray Boulger, senior technological manager of John Charcol, who urged borrowers paying their mortgage lenders' normal variable rate to review their state of affairsToday's Most Popular Results Mortgage Enquiry Form Need Life Insurance ------ Mortgages - Information Mortgages - house ------ Financial Services - HomeNone of the information on this website is future to endorse any specific mortgage product or provide mortgage advice Mortgagescouk is a non-regulated trading name of Financial armed forces Net Ltd[Terms & Conditions]more sites:car insurance| house insurance | cheap flights.
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Balance transfer nation moves £11.9bn in six months - Published:30/10/06
Some £119 billion will be transferred between credit cards over the next six months alone, claims market research from assets OneAlmost six million credit card holders will each move an standard £2,601 between zero per cent and low interest balance move credit cards claimed the study"Around 57 per cent of credit cards offer zero per cent interest on balance move, but people switching balances to these cards require to choose carefully because the length of interest free periods varies radically," said Justin Basini of Capital One"For example, almost four out of ten of these cards have zero per cent interest balance move deals that last for six months or less, which may not be long enough for some people"Only 43 per cent of balance move users clear their balance in six months or less, with an average of ten monthsAlmost 25 million credit card users will move £1,000 or less, two million are bearing in mind transferring between £1,000 and £2,000 and 678,000 will move between £2,000 and £5,000MoneyExpert incomplete is authorised and regulated by the Financial Services Authority (FSA register No 301654) The Financial Services Authority does not regulate some forms of mortgage contract, credit cards, personal loans, present accounts and.
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Balance Transfer Nation Moves £11.9Bn In Six Months >>
