Individual Voluntary Arrangements, also known simply as IVAs, have become more widely known over the past couple of years, with awareness about this course of action raised through a range of advertising from IVA specialists. This is a debt management tool that has become known as a softer alternative to bankruptcy. In order to be [...]
Secured loans have become an effective and affordable way for homeowners to raise finance, and the increase in property values over the past few years has given homeowners in the UK more financial leverage to raise money by way of a secured loan. Secured loans offer a range of benefits, such as increased borrowing power [...]
Over recent months the level of concern over falsified applications put forward to mortgage lenders from brokers has increased in light of the global credit crunch that has swept across the UK from the United States, where it was sparked in the sub-prime sector of the mortgage market. The effect of the credit crunch have [...]
Taking out a mortgage is an important long term commitment, and those looking at mortgages often have many questions to ask about this type of finance. Below you will find a selection of frequently asked questions with relation to mortgages:
How will I know what sort of mortgage to go for?
In order to determine what sort [...]
Recent reports have suggested that first time buyers in the UK are still in the throes of an affordability crisis, despite the falling house prices and despite predictions that interest rates are set to fall a number of times this year. First time buyers have been experiencing affordability problems for some time now, and fewer [...]
When you have a number of high interest debts on which you are making repayments each month dealing with your accounts can become tiresome and frustrating. Having to deal with so many payments and creditors can even lead to missed or late repayments, which can add to your debt problems, affecting both your credit rating [...]
A secured loan is a loan that is secured against the equity in a property, and as the name suggests, these loans are available to homeowners with some level of equity in their property. With equity levels rising at remarkable levels over recent years, as property prices have rocketed in the UK, homeowners have found [...]
