Can I Get a Mortgage with My Credit Rating?
Having a bad credit rating is often the source of further financial problems. You have limited financing options when your credit history is less than spotless. You also have to deal with higher interest rates and other premiums due to your increased risk factor. One...
Bank of England Interest Rate Cut
The Bank of England has announced a cut in interest rates from 0.5% to 0.25%. This is a record low and the first cut since 2009. The Bank of England Governor, Mark Carney indicated that there could be a further cut if the economy worsens. Generally...
Bank of England clamping down on buy to let landlords!
Larger landlords with four or more properties in their portfolio should be subject to tougher underwriting standards, the Bank of England’s Prudential Regulation Authority (PRA) has advised. The PRA claims that without further constraints, lenders expect a...
Possible Brexit drives demand for mortgages
The possibility of Brexit is fuelling a surge in mortgage enquiries, reveals deVere Mortgages. The observation from the mortgage division of deVere Group, one of the world’s largest independent financial advisory organisation, comes as both sides of the debate...
