During the last two years, since the beginning of the credit crunch, the UK mortgage, remortgage and homeowner loan markets have very much slowed down. This was to a large exent due to the fact that mortgage lenders tightened up their lending criteria , as of course the credit crunch was to a large [...]

When a homeowner reaches a decision that cutting down on his monthly debts on hire purchase, personal loans, etc. ,is someting that he would really like to do, he is faced with the decision of what is the best route to take.There are obviously two ways to carry out a consolidation loan which combines your [...]

The latest informatiion released by The Council Of Mortgage Lenders is that the Scottish mortgage market is now stabilising in the same way as it has in the rest of the UK.In the first three months of 2009, there were 7,600 new mortgages granted in Scotland, and in the next six months the number [...]

With reports now becoming more and more insistent that the UK economy is on the way up again, a revival in the fortunes of the home loan products namely the consolidation loan, and the remortgage used for consolidation, look like recapturing some of their former popularity. The consolidation of a homeowner’s finances was always extremely [...]

The homeowner loan was an extremely popular loan before the advent of the credit cruch. A homeowner loan is of course a secured loan, and this meant that the interest rates were very good. Up to two years or so ago interest rates for credit worthy applicants started at about 5.9% APR, this was [...]

Before the credit crunch all types of homeowner loans, including secured loans, consolidation loans, debt consolidation loans, bad credit loans were a very popular form of loan. The business was thriving and these loans were readily available through a number of secured loan lenders. During the last two years of the credit crunch the situation [...]

In this current credit crunch people are struggling to keep their head above water financially.The doom and gloom has cast a dark shadow over thousands and thousands of households across the UK. Many people have been glad of their credit cards as they have enabled them to pay their food, put clothing on their [...]

The total sum of remortgages and mortgages fell in the past twelve months by almost 20%.Home loans were reduced by £50 billion as the credit crunch bit and the prices of property fell dramatically.House prices have stabilized slightly, having risen in the three consecutive months to June, although they have fallen again in August by [...]

Never in my twenty five years in the secured loan , mortgage and remortgage market have I found it so difficult to keep up with the mortgage news which seems to alter on a daily basis. Mortgage and remortgage rates were supposed to be at their lowest rates ever, but yet almost daily several building [...]

Shared ownership mortgages are becoming increasingly popular. There are two main reasons for this.One of these reasons is that the public has become more aware of this scheme due to the Government’s advertisements for the Homebuy scheme. Another has been because in the present economic climate many house building companies were left with housing [...]