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Mortgage Help Scheme Details Released

December 16th, 2008

It seems things have gone a little quiet since Gordon Brown rather hastily announced help for people losing their jobs to pay their mortgage, but we take a look at some more details on the scheme which were released last week.

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New Scheme To Help Pay Mortgages Announced

December 3rd, 2008

Gordon Brown has announced a new initiative to help homeowners losing their jobs pay their mortgages.

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Mortgage Deal Ending? Lender’s SVR Might Not Be Too Bad Afterall

November 18th, 2008

When you’re approaching the end of your mortgage deal (for example, a discounted or fixed rate of interest), the general advice is to find a new deal as soon as possible.

But given current interest rates, this might not be the best decision, as your lender’s Standard Variable Rate might …

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Interest Rate Cut Is A Double-Edged Sword

November 6th, 2008

Whenever there is a cut in interest rates, we often start talking about how homeowners will benefit with reduced mortgage repayments. Of course, things aren’t as cut and dried as that - there are winners and losers.

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Trouble Paying Your Mortgage? Try These 7 Tips

October 18th, 2008

It’s a sad fact that over 19,000 homes were repossessed in the first half of this year, and with the way things are going, that figure should be easily surpassed during this second half.

So if you’re struggling to pay your mortgage, what should you do? Here are 7 tips (plus …

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Has The Interest Rate Cut Affected Your Mortgage?

October 8th, 2008

So, you may have heard that interest rates have been cut by 0.5% today, in an announcement that was made a day earlier than expected.

How has the rate cut affected your mortgage?

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Stamp Duty Change Reactions

September 2nd, 2008

The big story of the day is the 1-year change to stamp duty announced by the Government.

In a bid to stimulate some interest in the housing market, the lowest threshold for paying stamp duty has been raised from £125,000 to £175,000 until September next year.

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Stamp Duty Confusion Affects 83% Of Movers

August 26th, 2008

A couple of weeks ago Alistair Darling appeared to suggest there may be plans afoot to change the way stamp duty was charged, causing widespread uncertainty in the housing market as people waited for confirmation.

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Stamp Duty Confusion

August 7th, 2008

Looks like the Chancellor, Alistair Darling is in a bit of a mess over possible changes to stamp duty.

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Are You Feeling The Crunch?

July 14th, 2008

FreeMoneyFinance recently asked are you feeling any economic pain, so I thought I’d look at the same subject from a UK perspective, and poll Money Watch readers on whether you are feeling the effects of the credit crunch yet? When I say crunch here, I’m …

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