What is remortgaging?
Remortgaging is when you move your mortgage to a lender with a lower interest rate. It’s a good way of saving money – providing that you find the right deal. read more
Going through an estate agent
Estate agents will often try to sell you a mortgage, alongside the house you’ve just purchased. However, it’s doubtful that they’ll give you a good deal. read more
How to check up on a mortgage broker
The Financial Services Authority regulates the mortgage industry – authorised mortgage brokers are listed on their register. To check whether your mortgage advisor is registered, simply type in the name of their firm, or reference number, at http://www.fsa.gov.uk/register/ read more
What do mortgage brokers charge?
The first meeting with your mortgage broker is usually free, following that, an hourly charge of £50 to £150 (plus VAT) is typical. Sometimes you can negotiate that your broker receives commission from the deal instead. read more
Getting a mortgage through a mortgage broker
There are several types of mortgage broker you can consult – it’s important to be aware of the differences between them in order to ensure you get the best possible advice. read more
Tags
adverse credit agencies
bank of england
brokers
capital mortgages
capped rate mortgages
CEMAP
charges
credit rating
deposit
discounted rate
estate agent
exit penalties
Financial Ombudsman
fixed rate mortgages
FSA
IFA
income
indemnity insurance
interest only mortgages
legal expenses
mortgage broker
mortgage brokers
mortgage lender
mortgage types
overhanging redemption penalty
property valuation
remortgaging
repayment mortgages
repayments
self employed
variable rate mortgages