This is an excert from a recent article we wrote for the local press.
A mortgage expert is warning people that they may have just days to safeguard their mortgage payments against redundancy ahead of the Governments Comprehensive Spending Review on Wednesday.
Andy Burns, from Mortgage Xperts based in Orrell Park, has seen dozens of people lose [...]
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Time running out to protect against redundancy
Tuesday, October 19th, 2010Real Remortgage Option
Tuesday, October 19th, 2010At last, a sensible view from a high street lender in the remortgage arena.
The Woolwich has launched ‘The Great Escape Mortgage’.
This remortgage package is designed to entice mortgage customers currently sitting on standard variable rate with their current lenders.
The Woolwich will offer a lifetime tracker rate of bank base rate plus 2.18% (current pay rate - 2.68%) [...]
Remortgage market “not dead”
Wednesday, September 22nd, 2010The remortgage mortgage is still languishing with Bank of England data showing remortgage volumes in July this year at 52% of the volume of house purchase transactions in the same month, as many borrowers shun remortgaging off SVR onto higher rates
Intermediaries dominate mortgage lending
Monday, July 20th, 2009Despite the increased focus by some lenders on direct distribution, intermediaries continue to dominate mortgage lending, according to IMLA.
Figures released by the CML show mortgage lending via intermediaries, by value, accounted for 64% of total mortgage lending in the first quarter of 2009. This was approximately the same proportion as the second half of 2008.
Should I fix my rate or take out a tracker
Tuesday, July 14th, 2009Well first of all you should all check out on this website (www.mortgage-xperts.co.uk/faq.html) under frequently asked questions, the full with evidence, graphical, very scary reason why you just might want to consider fixing your mortgage. The longer the better!!.
Housing Market Activity picking up
Tuesday, July 14th, 2009We have certainly seen and increase in first time buyer applications. To be honest the more competative deals are at 85% loan to value. It is no surprise that a good portion of applicants have been assisted by the bank of mum and dad.
Dual Pricing
Tuesday, July 7th, 2009All brokers are up in arms about dual pricing and conflict it represents with ” Treating Customers Fairly” which is at the heart of the FSA stewardship over the whole finance industry. Here are a few of the excerpts from various brokers around the country:
” Dual pricing is an absolute joke
Who should make who Bankrupt
Tuesday, July 7th, 2009May sound like a strange question but the implications can be signifcant.
You can be made bankrupt in two ways:
Someone you owe money to can force you into bankruptcy;
You can make yourself bankrupt
The second way is the most popular and for good reason. The reason is that to a certain extent you can control the process [...]
What you need to be aware of when choosing Buildings and Contents
Tuesday, July 7th, 2009Why run the risk of you being under-insured!!
Beware of averaging.
What is averaging ?
Let me give you an example if you have £30,000 worth of contents insurance with your existing provider and you put in a claim for £5000.
The loss adjuster can conclude that you really should have had £60,000 of cover (don’t forget that they [...]
Not all Home Insurance policies are created equal
Tuesday, July 7th, 2009When it comes to Treating Customers Fairly, offering a range of quotes from a panel of Insurers is undoubtedly better than providing you with only one quote from a single Insurer, but price comparison alone is not enough. If the premiums being compared relate to policies that don’t actually offer the same levels of cover, then you [...]