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Fernando Said:

Who Are The Major Mortgage Lenders In The UK?

We Answered:

Abbey - Abbey, Alliance & Leicester, Bradford & Bingley
HSBC - HSBC, First Direct
RBS - Royal Bank Scotland, Nat West
Lloyds - Lloyds, HBOS
Nationwide
Northern Rock

are the usual ones- also one or two smaller building societies on a local level

Casey Said:

Who is the most honest and fairest mortgage lender in the UK?

We Answered:

A borrower should constantly be making efforts to place him self in a better financial position by looking around for loan products that are cheaper. Remortgages for the UK residents are considered and are popular as source for borrowing at cheaper rate. If you are looking for remortgages then it simply means that you are in search of a lender who is willing to lend you money at lower interest rate than what you have been paying so far. Seeking a lower interest rate is the main aim behind remortgages UK.

So if the market interest rates have fallen, it is the best suited time for the UK residents to go for remortgages. But the one question, that bothers you, is should you change your current mortgage lender for gaining access to remortgage? Well, if your current lender is willing to change policy for offering a suitable remortgage, then you can stick with that lender. In case he is not so flexible, then there are number of remortgages providers in the UK. They are ever looking for people like you for making a business.

Why should you opt for remortgage? Besides lower interest rate being the prime motive, remortgages are opted for a number of reasons. Through the cheaper finance availed on taking reportages, the UK residents can renovate home and thus enhance equity in home, making them financially stronger. Buying a car, enjoying holidays, paying for wedding and educational expenses are some of the other reasons.

But remortgages in the UK are popular for debt consolidation also. As remortgages provide finance at lower interest rate, the UK residents ensure combining of all previous higher interest rate loans under a new remortgage provider. Thus thanks to lower interest rate on remortgages, the borrower saves lot of money towards installments payments, which may also be a purpose of remortgages UK. The main reason for a lower interest rate on reportages is that they are more secured than any secured loan. Remortgages are the most secured because they are provided on equity in a home or any real estate. But at the same time the lender may repossess home if timely repayments are not in place. So make sure to pay off the installments in a regular manner. With the remortages offered on securing home as collateral, bad credit people of the UK can feel free in applying for remortages. But do not repeat the mistake of payment default or you will loose your home.

http://www.freewebs.com/a2z-loan/

Carole Said:

Any mortgage lenders in UK who will offer/find remortgage to someone not working but who's a carer?

We Answered:

Hi.
There are some good mortgage/re-mortgage lenders on this site who will match you up with a lender : http://fedho.com/t/?i=c3

Sam Said:

UK QUESTION - Don't UK mortgage lenders do "mortgages in principle" anymore?

We Answered:

If I was selling, I'd demand that the Estate Agent sought a mortgage in principle certificate from the buyers before paying anything out on my end.

Mortgage lenders still issue mortgages in principle. We've recently bought and one of the first things the Estate Agents asked us was evidence that we could pay the offer price we'd got accepted.

I think the bottom line is make sure you've got that assurance before paying out large sums. Houses are so expensive nowadays, it can be costly not to.

Leah Said:

International Mortgage Lenders (in UK) for a South African property?

We Answered:

Try Barclay's Bank. They were always big in South Africa. Even during Apartheid.

Claude Said:

Is there a mortgage lender that specialises in UK mortgages for overseas investors?

We Answered:

Barclays have a specialist division which deals with international buyers with no credit record in the UK. I am a Mortgage Consultant with a relationship with this lender, so let me know if you need any help with this.