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Exposure to interest rates

Although both may vary, a deposit of between 5% and 10% is common, as is completion 28 days after exchange

Borrowers who anticipate rising interest rates

Are there any guarantees not held with the title deeds? i

The Lender offers a discount on the Standard Variable Rate (SVR) for a specific period of time

5%

We specialise in helping people who find it difficult to obtain a mortgage or loan

Has it been re-plumbed or rewired? If so, ask to see any certifications or guarantees Look for cracks, uneven floors or doorways and any signs of water damage

If you are not happy with the answer, investigate further or walk away

Your solicitor should be able to advise you on the current search time

the mortgage does have an Early Redemption Charge but it does not last longer than the fixed, capped or discount period

However it is not necessarily the case that two lending institutions that have the same multiples available will lend the same amount of money to the same person

Nonetheless millions of borrowers have one or more endowment policy and as a rule of thumb these should not be cashed-in early and certainly not before seeking advice from a suitably qualified financial adviser

To obtain a mortgage in principle you will need go through the same motions as applying for an actual mortgage

The amount borrowed is repaid monthly over a term agreed at the outset, which will usually range between three years and twenty five years

In either case, having prepared the ground an agent will notice that you have put some work into sorting a few thing out, thus take you seriously

Detailed below is a quick checklist of information we would suggest you have at your fingertips when considering moving your mortgage: What is your current interest rate? The amount of your monthly payments

Although your repayments are unprotected from any sudden increases in interest rates you will benefit from any reductions

Investment managers may only be changed on an annual basis

These tax-free accounts were split into two main alternatives, the Mini individual savings account and the Maxi individual savings account, both of which can be utilised to repay an interest only mortgage

Mortgage Indemnity Charge (sometimes referred to as a High Percentage Lending Fee) For high Loan to Value (LTV) mortgages i