FAQ Home | General Questions | Critical Illness Insurance | Life Insurance | Home and Contents
Mortgage Payment Protection | Mortgage Life Insurance | Short Term Income Protection Insurance
Mortgages | Car Insurance | loans | Private Medical Insurance | Travel Insurance
Hot Topics
- Types of Mortgage:
- Variable rates Mortgages: - mortgage payments are calculated by your lender on the so-called "Standard Variable Rate". This is based on the monetary "base rate" that is reviewed monthly by the Bank of England.
- Will I Have To Pay An Arrangement Fee And How Much Will It Be?
- The Arrangement Fee is also known as an Administration or Application fee and it’s designed to cover your lender's administrative costs for setting up the mortgage.
- What Is A Remortgage?
- ‘Remortgage’ is basically the term for switching your mortgage to another mortgage lender.
- Cashback Mortgages
- Cashback Mortgages provide you with a lump sum of cash upon completion of the property purchase, either as a percentage of the mortgage or a fixed sum.
- Commercial Mortgages
- A commercial mortgage is probably the best way to finance the purchase of buildings and land for business purposes, it provides the most flexible and affordable finance solution. Commercial mortgages are specialized due to the fact that the lender has a legal claim over the property until the loan has been repaid in full.
How Do I Know If I Should Switch Mortgages?
The mortgage market changes on a regular basis – and it is quite possible that just a few years after taking out your mortgage there will be plenty of better deals out there with more favourable interest rates.
To make sure you’re not paying over the odds – keep your eye on the mortgages market, and be aware of better deals when they arise. You can find out what the latest deals are by simply looking in the newspaper, on the Internet, and in the shop windows of high street lenders. Remortgaging is not a big hassle, and it only takes 4 to 6 weeks to get it all sorted, so don’t let the thought of it put you off. It’s in your best interests to change mortgage, especially if you don’t have to pay any redemption penalties, and if another lender’s mortgage rates are 1% less than your own!
It’s always a good idea to take advice from an independent mortgage adviser before switching mortgages.
If you're interested in saving money by switching your mortgage click on the request a quote button and fill in your details. A mortgage adviser will phone you back to discuss your options.
- How Does A Joint Mortgage Work?
- What are redemption penalties ?
- What happens if i cant keep up the repayments ?
1st Time Buyer - Buy to Let Mortgages - Capped Rate Mortgages - Discount Mortgages - Fixed Rate Mortgages - Flexible Mortgages - ISA Mortgages - Low Setup Cost Mortgages - Self Cert Mortgages - Tracker Mortgages - 100% Mortgages Cashback Mortgages - Adverse Credit - Buy to Let - Commercial Mortgages - Company Directors - Equity Release - Fixed Rate Mortgages - Income Multiples - Interest Rates Explained - Mortgage Glossary - Mortgages Explained - Previously Declined - Refinance Mortgages - Repaying Mortgages - Right to Buy Mortgages - Self Employed - Unusual Properties - Variable Rate Mortgages