N&P has announced best ever 10 year fixed rate mortgage
Norwich and Peterborough Building Society (N&P) has today announced that it will launch a ten year fixed rate mortgage – the lowest ever on the market offering excellent value for those looking for a longer term option.
From today (Wednesday 25th January) the new mortgage product is available at a best buy rate of 3.99% up to 75% LTV with a fee of only £295. Adding even more value to the product, borrowers receive a free valuation and free legal fees (for re-mortgages) or a £200 cashback option (for purchase customers). Read more
Missed out monthly mortgage payments – Essential tips you need to follow
Have you fallen back in making your monthly mortgage payments? Do you know that this makes the lenders think that you are a defaulter and you may not pay off the mortgage loans properly? Many of the people cannot afford to make the mortgage payments due to job loss, unemployment, etc. In these circumstances, it is quiet natural that you must be looking for a suitable solution to overcome your problems. You can save your home with the help of proper mortgage information and loan modification process. The alternation of the terms and conditions and reduction in the interest rate is what loan modification process is all about so that you can make the mortgage payments within your affordability.
5 Tips you need to follow when you fall back on your monthly mortgage payments Read more
How much could i save on a new mortgage?
We always think to ourselves “How much could i save on a new mortgage?”. But then we remember all those sign up costs and charges.
If you want to change the mortgage that you have, then you could end up saving a lot of money. However, it is wise to do a lot of research first. Start by contacting your mortgage company, because they may charge you for changing your mortgage provider. This cost will have to be factored in when you do your calculations.
