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Key Facts

 

Mortgages Guides

 

Mortgages key factors to consider
There are various key factors that you should consider before you buy your mortgage. Here’s the Moneyfacts.co.uk guide to things to consider when buying your mortgage.

Mortgage Glossary
Mortgage terms explained...

Finding your perfect mortgage match
Finding the right mortgage is much like finding the perfect partner. There are certain attributes or traits in a prospective partner or mortgage that makes compatibility more likely.

Mortgages Tips

 

Finding your perfect mortgage match
Finding the right mortgage is much like finding the perfect partner. There are certain attributes or traits in a prospective partner or mortgage that makes compatibility more likely.

Save money- pay your mortgage off early!
Let’s face it, mortgages are a daunting subject. For many they are a proverbial “ball and chain”, destined to be repaid for the next few millennia, with no discernable end to the misery of seeing your monthly pay packet decimated...

Mortgages things to watch out for
The things to watch out for with Mortgages. There are a number of important things to watch out for when comparing or buying your mortgage.

Mortgage IDD

View Mortgage IDD
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Mortgage Best Buys

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Fixed 5 Year Mortgages

RateAPR CostMortgage TypePeriodMax LTVRedemption
SORTSORTSORTSORT
HSBC3.95% Reverting to 3.94%4.1%Fixed30/11/201560%To 30/11/2015
Product Fee: Booking £599
Yorkshire BS
4.19% Reverting to 4.99%4.8%Fixed30/09/201575%To 30/09/2015
Product Fee: Arrangement £300, Booking £195
Market Harborough BS
4.79% Reverting to 5.49%5.3%Fixed31/07/201580%To 31/07/2015
Product Fee: Booking £95, Arrangement £400
Britannia
5.89% Reverting to 4.24%5.2%Fixed30/11/201590%To 30/11/2015
Product Fee: Booking £150, Arrangement £349
Yorkshire BS
4.99% Reverting to 4.99%5.2%Fixed30/09/202075%To 30/09/2020
Product Fee: Arrangement £300, Booking £195
Britannia
5.49% Reverting to 4.24%5.4%Fixed30/11/202075%To 30/11/2020
Product Fee: none
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Disclaimer:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.
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Fixed 5 year mortgages Explained

A greater period of repayment security can be gained by taking on longer term fixed rates, meaning you do not need to search for a new mortgage every couple of years, as you might do with a shorter term fixed rate.

You might decide you want to change your mortgage before you have completed the initial fixed rate term. If you do, your bank or building society may charge you a fee that lenders call an early repayment charge. It is wise to bear these charges in mind when you are deciding what type of mortgage to take, as they might be expensive.

When you look at our Best Buys, you will see that we have selected products from across different loan-to-value tiers in order to give a wide overview of what is available. Use our mortgage search to access a more comprehensive list of products.
 

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Mortgage News

4 years of negative equity faced by homeowners4 years of negative equity faced by homeowners
A forecast by the National Housing Federation has predicted that homeowners will have to wait until 2014 – when average prices are set to rise to £226,900 – before they can recover what they originally paid for their home.

Variable rate mortgages won’t move overVariable rate mortgages won’t move over
The falling cost of fixed rate mortgages and forecasts of significant interest rate rises in the next few years have led experts to suggest fixed rate mortgages might be the best way forward for mortgage borrowers.

Mortgage lending increased by 5% in JulyMortgage lending increased by 5% in July
The majority of households continue to pay their mortgages in full every month, and have benefited from record low interest rates. This looks set to continue for some time yet.

Repossession estimates a dreamRepossession estimates a dream
Revised repossession estimates as announced last week by the Council of Mortgage Lenders (CML) have been labelled a ‘dream’.

Mortgage from Hanley Economic BS steals the showMortgage from Hanley Economic BS steals the show
Hanley Economic has launched a new fixed rate discounted mortgage that has stormed to the top of its class.