What rate should you choose?
It was only five years ago that lenders were offering very little choice over the type of mortgages available. Now there are so many different deals on the market that wh...
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The different types on offer
Fixed rates
The advantage of a fixed rate mortgage is that it will not change during the fixed term which can be anything from two to five years. You can manage your hou...
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Step by step - your homebuying plan
Talk to a mortgage lender
Don't make any commitments at this stage, but use the meeting or phone call to gain an idea of how much you can borrow.
Be realistic
Don't b...
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For higher rates of interest, just click on the dotted line
Banks need us as never before. The days when they could get away with offering customers mediocre service and second-rate financial products are gone for good.
Now, wit...
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How to gear up for a slowdown
Try to pay off debt, concentrating on the most expensive loans first; store cards are still charging up to nearly 30 per cent. Consider switching to a card lender ...
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Red alert on debt mountain
Mortgages that let you borrow 25 per cent more than your home is worth; credit cards at zero per cent and car loans at up to half the interest charged five years ago. Wit...
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Sun shines for home buyers
Talk about mixed messages. On Tuesday, Nationwide building society warns that house prices are rising at an "unsustainable" rate, a situation partly fuelled by the low co...
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Teachers first in line for ?250m homes help
Around two thousand teachers in London and the south-east are to be the first beneficiaries of a £250m government scheme to help finance housing for key public secto...
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Surprise as rates cut to 40-year low
Mortgage rates fell to their lowest levels for nearly 40 years yesterday after the Bank of England announced a surprise cut in interest rates to counter fears about a loo...
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Homeowners can celebrate
Homeowners have cause to celebrate today, as the Bank of England made a surprise move, bringing the base rate down to 5%.
Analysts had widely predicted rates would drop ...
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