A simple introduction to Equity Release
Simply put, an Equity Release Plan is a method of borrowing for people aged 55 and above.
Simply put, an Equity Release Plan is a method of borrowing for people aged 55 and above.
When looking to buy property or land, most people will look at a high street lender to arrange a mortgage.
Bridging Loans are a fast and flexible way for you to finance your property requirements.
Interest rates are measured per month. As a Bridging Loan is short term finance, interest rates are often expressed as ‘per month’.
Interest rates on Bridging Loans are typically higher than standard or conventional mortgages.
Bridging Loans are there to be used as a fast way of obtaining finance so you should make sure you know what is required.
Bridging Loans are a short term loan, usually for 12 months of less, that can be used by businesses, partnerships and individuals.
A joint mortgage is a mortgage taken with a partner, friend or relative. Everybody named is fully responsible for all of the payments on that mortgage.
Simply put, a Debt Management Plan is an agreement that is made between you and anyone you owe money to.
Some properties are difficult to get mortgages for and others are downright impossible. Here is a list of the most common reasons why the property you want to buy might be deemed unmortgageable, and some suggestions about what you can do to still get it.