All the latest news from Contractor Mortgages
Posted by May 14th, 2012on
Permanent Health Insurance Vs MPPI
The scandal over mis-sold PPI has meant that a lot of self employed contractors have refused to take out income protection on their mortgage payments because they do not understand that it is a different product.
Continue reading »Contractors shouldn’t ignore protection insurance
Posted by April 13th, 2012on
These are testing times for freelancers and contractors coming to the end of their discounted rate mortgage period. With a number of high street lenders raising their standard variable rates, they are feeling justifiably nervous about their repayments.
Continue reading »Homeowners Face “Shocking” Rise in SVRs from Major Lenders
Posted by April 22nd, 2011on
Self-employed Contractors with Limited Companies looking to invest in properties
Whilst first-time buyers continue to struggle to get their feet on the housing ladder, the buy to let market is witnessing the return of property investors. The largest investors in properties are self-employed people, including contractors operating through their own Limited.
Continue reading »Buy-to-Let Landlords Prosper as First Time Buyers Shut Out
Posted by January 13th, 2011on
Interest Rates have to go up at some point
Property owners in the UK have lost reality when it comes to interest rates on mortgage deals, according to a new study by unbiased.co.uk.
The research showed that the average British homeowner would only apply for a fixed rate mortgage if it was at 3.3%. This view is unrealistic the website notes as is that of the 16.6% of people who would not switch from a tracker mortgage unless they could secure a fixed rate deal at 2%.
Continue reading »Mortgage seekers must get a grip on reality
Posted by November 16th, 2010on
Unemployment Protection for mortgage holders
If you have your mortgage with the Yorkshire Building Society and you are an employee (Not Self-employed), you will be interested to know that Britain’s second largest Building Society is considering giving free unemployment protection to all its mortgage holders.Continue reading »Yorkshire BS to Help Independents Protect Their Mortgage Payments