How Digitalization Helps in Calculating Home Loan EMIs
- Caleb
- January 31, 2017
- Mortgage
Technological development has made applying for loans quick and simple. Digitalization enables you to determine your loan eligibility and stay updated with all the loan-related information. Furthermore, online calculators help you to calculate the estimated Equated Monthly Installment (EMI) you will have to pay during the loan tenure. Understanding the loan EMI The EMI is […]
Read MoreWhat are Offset Mortgages?
- Caleb
- June 2, 2016
- Mortgage
Offset mortgages are a way of using any of your existing savings to offset any outstanding mortgage balance – meaning you are only charged interest on the remaining mortgage balance. For example, if you have a £250,000 mortgage balance, you offset this balance with £40,000 savings and are then only charged interest on the £210,000 […]
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Finding the Right Mortgage Lender
- Caleb
- May 6, 2015
- Mortgage
Whether you are a first time homebuyer or someone considering a career in the housing market, you need to realize that not all mortgages are the same. It is important to shop around and negotiate, in order to get the best prices and terms. Use the Internet and local newspapers to keep up on current […]
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Need To Raise Funds? Try These 4 Ways Of Releasing Equity From Your Home
At some point in your life, there will be a time when you need to raise funds. Maybe you have a baby on the way and need to pay for an extra room to be built onto your house? Or perhaps you have a business idea that needs investment but you can’t get a bank […]
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Everything You Need to Know About Getting a Mortgage in the UK
- Caleb
- September 22, 2014
- Mortgage
As a direct result of the economic downturn of recent years, many people have had to change their aspirations. Once they may have hoped for a large house with an expensive sports car sat out on the drive. Now most people consider themselves lucky just to have a job and a regular income. So, if […]
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