The reality of remortgaging: Brits underestimating £3.5bn* possible mortgage savings

The second phase of Help to Buy, which launches tomorrow, will see the Government guarantee up to 15 per cent of a mortgage. It said this would give. sensible people realise the answer lies in.

For homeowners with endowment-backed mortgages, the situation may be less than clear. When their endowments policies were originally set up years ago the expectation was that interest rates and.

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Impact of inflation on over 55s revealed. Over 55s have been hit for almost £1000 a year by price rises – in just three years. Latest findings of the Silver RPI published by Age UK Enterprises, the commercial services arm of charity Age UK, show that since 2008 the extra increase in prices measured by the Silver RPI, relative to the Headline RPI, is now costing the average over 55 year old an.

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Is it possible to remortgage one property to release the equity and use it to buy another whilst keeping the first property and renting it out? DP, London David Hollingworth of brokers London &.

Sandler’s strategy was to halve the mortgage book, and in order to incentify mortgagees to remortgage elsewhere, they have the highest standard variable mortgage on the market at 7.34%. Why so drastic? Because it was a race against time. If the property market tanked many people wouldn’t be able to get remortgages elsewhere.

Figures from the British Bankers’ Association (BBA) showed that total consumer credit has contracted by 2.2% over the last year. But the number of mortgage approvals for house purchases has reached the same level as two years ago. There were 44,713 mortgages approved, up 2,161 on the previous month.

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