Taking out a homeowner loan to improve houses can allow homeowners to move up the property ladder without the hassle and complication of moving house, according to Phil Jones, joint managing director of Nemo Personal Finance.
Tag: Loans
Motley Fool: Top Tips For Cheap Car Loans
People are so vain. An estimated 450,000 people will rush to get a brand new car this September, just so that they can have the latest number plate.
MoneyExpert: Brits Spending More Loans On New And Used Cars
Brits will spend £36.4 billion on purchasing new and used cars this year, or 4.5 per cent of disposable household income, according to new research.
MoneyExpert: Life Begins At 40, But You Pay At 34
Life may begin at 40, but the average Briton begins paying for it at 34, market research for Axa Wealth Management has revealed.
MoneyExpert: Monthly Mortgage Figures Continue To Break Records
Overall mortgage lending reached £30.4 billion during July, down six per cent from the all-time record of £32.4 billion in June, says Council of Mortgage Lenders (CML) figures.
MoneyExpert: Government Accused Of Debt Complacency
The government has been accused of complacency over rising levels of personal insolvency after a report claimed that Whitehall was “making progress” in fighting debt.
MoneyExpert: Students Plan For £15k Debt
Students about to enter their first year of university expect to pay £33,512 for a three year degree course, NatWest figures have shown, with £14,779 of that borrowed.
MoneyExpert: Base Rate Effect On Mortgage Rates Minimal €“ For Now
Despite initial fears of an immediate body-blow to affordability, the movement in mortgage market rates has been relatively slow since last weeks (week’s) base rate increase.
Family Finance: Mortgages. An Interest Only Mortgage: It Could Cost You More
Over 200,000 homebuyers in London during 2005 took out an interest-only loan according to the Council of Mortgage Lenders (CML).
Family Finance: Mortgages For Debt Ridden Customers – A Booming Industry
This year the Financial Services Authority revealed the extreme lengths some mortgage brokers will go to in an effort to secure a loan in the sub prime mortgage market.