The average cost of a two year fixed rate home owner loan deal has fallen to its lowest ever level in the history of fixed rate loans, to reach an average rate of just 3.82 per cent, according to the latest research from Moneysupermarket.com.
Earlier this week, the Leeds Building Society launched a two year fixed [...]
One of the most important things to consider when taking out a home owner loan or mortgage, is that the loan should be paid off in full in the event of something happening to either one of the parties to the loan, for example if one of them were to die.
However, new research has revealed [...]
For most disabled people in the UK, particularly those who are reliant on state benefits, the chance of owning their own home seems almost impossible, as lenders will simply not offer them any kind of home owner loan to help them with the purchase.
But now, the Ipswich Building Society, in connection with Suffolk County Council [...]
A number of lenders have now launched home owner loan products aimed at first time buyers which offer a maximum of 100 per cent loan to value and whilst many individuals who are struggling to save up a deposit may welcome this, one expert has warned against these loans and the danger they pose to [...]
As the current economic situation in the UK forces many individuals to lower their expenditure, or generate more income to help with the cost of living as well as their loan repayments and other debts, a growing number of borrowers are starting to rent out a spare room in their home.
New research from the home [...]
Over the course of the past few months several lenders have started to relax their criteria when it comes to offering new loans. Whilst this may be good news for borrowers who have been struggling to get a loan recently, on loan packaging company has warned against a return to irresponsible lending.
Paradigm Mortgage club has [...]
The average age of a typical first time buyer is steadily increasing, as more and more young people are placed in the situation where they simply cannot afford to get onto the housing and home owner loan market, according to new research published by the Post Office.
Back in the 1960’s the average age of a [...]
